Registration number: 04325460

Contemi Consulting Limited

Profit and Loss Account for the Year Ended 31 December 2024

The company has not traded during the year. During this year, the company received no income and incurred no expenditure and therefore made neither profit nor loss.

Contemi Consulting Limited

(Registration number: 04325460)
Balance Sheet as at 31 December 2024

	Note	2024 £	2023 £
Current assets
Debtors	3	610,753	610,753
Cash at bank and in hand		961	961
		611,714	611,714
Creditors: Amounts falling due within one year	5	(49,148)	(49,148)
Net assets		562,566	562,566
Capital and reserves
Called up share capital	6	10,000	10,000
Share premium reserve		891,001	891,001
Retained earnings		(338,435)	(338,435)
Shareholders' funds		562,566	562,566

For the financial year ending 31 December 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the Board on 25 September 2025 and signed on its behalf by:
 

Mr A J Barker Director

Contemi Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Rowan House North
1 The Professional Quarter
Shrewsbury Business Park
Shrewsbury
Shropshire
SY2 6LG

These financial statements were authorised for issue by the Board on 25 September 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The company continues to be supported by its parent company, who will ensure that all liabilities of the company are met as they fall due. The directors continue to adopt the going concern basis in preparing the financial statements.

Depreciation

Asset class	Depreciation method and rate
Fixtures and fittings	25% straight line

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Contemi Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

3

Debtors

	Note	2024 £	2023 £
Amounts owed by related parties	7	610,253	610,253
Other debtors		500	500
		610,753	610,753

4	Cash and cash equivalents

	2024 £	2023 £
Cash at bank	961	961

5

Creditors

	Note	2024 £	2023 £
Due within one year
Amounts due to related parties	7	42,531	42,531
Other payables		5,217	5,217
Accruals		1,400	1,400
		49,148	49,148

6	Share capital

Allotted, called up and fully paid shares

	2024		2023
	No.	£	No.	£
Ordinary of £0.01 each	1,000,000	10,000	1,000,000	10,000

Contemi Consulting Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2024

7	Related party transactions

Summary of transactions with associates

At the year end the following amounts were due from/(to) fellow group companies :-

White Label System and Concept Limited (£42,531) (2023 - (£42,531))
Herdling AS £610,253 (2023 - £610,253)
 

Summary of transactions with other related parties

At 31 December 2024 the company owed one of the directors £5,217 (2023 - £5,217), which is included in Other creditors.
 

8	Parent and ultimate parent undertaking

The company was under the control of Herdling AS by reason of its majority shareholding.

 The company's immediate parent is Herdling AS, incorporated in Norway.