Roger Steare Consulting Limited 31/12/2024 iXBRL

Company registration number: 03718336

Roger Steare Consulting Limited

Unaudited filleted financial statements

31 December 2024

Roger Steare Consulting Limited

Contents

Directors and other information

Statement of financial position

Notes to the financial statements

Roger Steare Consulting Limited

Directors and other information


	Director	Mr R Steare


	Secretary	Mrs J Steare


	Company number	03718336


	Registered office	Bell Cottage Church Hill
		Leigh
		Tonbridge
		Kent
		TN11 8RG

Roger Steare Consulting Limited

Statement of financial position

31 December 2024

		2024		2023
	Note	£	£	£	£

Fixed assets
Tangible assets	3	6,022		11,164
		_______		_______
			6,022		11,164

Current assets
Stocks		3,810		3,810
Debtors	4	20,420		26,793
Cash at bank and in hand		32,921		45,002
		_______		_______
		57,151		75,605
Creditors: amounts falling due
within one year	5	( 44,177)		( 38,376)
		_______		_______
Net current assets			12,974		37,229
			_______		_______
Total assets less current liabilities			18,996		48,393

Creditors: amounts falling due
after more than one year	6		( 2,083)		( 7,083)
			_______		_______
Net assets			16,913		41,310
			_______		_______

Capital and reserves
Called up share capital			2		2
Share premium account			2,165		2,165
Profit and loss account			14,746		39,143
			_______		_______
Shareholder funds			16,913		41,310
			_______		_______

For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 11 September 2025 , and are signed on behalf of the board by:

Mr R Steare

Director

Company registration number: 03718336

Roger Steare Consulting Limited

Notes to the financial statements

Year ended 31 December 2024

1. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

2. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for services rendered, net of discounts and Value Added Tax.

Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that expenses recognised are recoverable.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

No provision for deferred taxation has been provided for in the financial statements, due to the amount not being material.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:


Short leasehold property	-	10 %	straight line
Fittings fixtures and equipment	-	25 %	straight line
Motor vehicles	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Debt instruments are subsequently measured at amortised cost.

Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.

3. Tangible assets

	Fixtures, fittings and equipment	Motor vehicles	Total
	£	£	£
Cost
At 1 January 2024	89,871	3,382	93,253
Additions	257	-	257
	_______	_______	_______
At 31 December 2024	90,128	3,382	93,510
	_______	_______	_______
Depreciation
At 1 January 2024	79,764	2,325	82,089
Charge for the year	4,553	846	5,399
	_______	_______	_______
At 31 December 2024	84,317	3,171	87,488
	_______	_______	_______
Carrying amount
At 31 December 2024	5,811	211	6,022
	_______	_______	_______
At 31 December 2023	10,107	1,057	11,164
	_______	_______	_______

4. Debtors

	2024	2023
	£	£
Trade debtors	1,097	400
Other debtors	19,323	26,393
	_______	_______
	20,420	26,793
	_______	_______

5. Creditors: amounts falling due within one year

	2024	2023
	£	£
Bank loans and overdrafts	5,000	5,000
Trade creditors	1,205	160
Amounts owed to group undertakings and undertakings in which the company has a participating interest	30,000	30,000
Social security and other taxes	5,440	-
Other creditors	2,532	3,216
	_______	_______
	44,177	38,376
	_______	_______

6. Creditors: amounts falling due after more than one year

	2024	2023
	£	£
Bank loans and overdrafts	2,083	7,083
	_______	_______

7. Directors advances, credits and guarantees

	During the year the director entered into the following advances and credits with the company:

2024
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr R Steare	25,862	19,323	( 25,862)	19,323
		_______	_______	_______	_______

2023
		Balance brought forward	Advances /(credits) to the director	Amounts repaid	Balance o/standing
		£	£	£	£
	Mr R Steare	28,202	25,862	( 28,202)	25,862
		_______	_______	_______	_______

8. Controlling party

The company is a subsidiary of The Roger Steare Group Limited, a company incorporated in England and Wales, whose address is at Bell Cottage Church Hill, Leigh, Tonbridge, Kent, TN11 8RG.