Allsop Consulting Ltd.

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: NI617487

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		7,911		11,829

			7,911		11,829
CURRENT ASSETS
Stocks		-		20,908
Debtors		428,336		466,512
Cash at bank and in hand		405,865		208,241

		834,201		695,661
Creditors: Amounts Falling Due Within One Year		(727,861 )		(484,592 )

NET CURRENT ASSETS (LIABILITIES)			106,340		211,069

TOTAL ASSETS LESS CURRENT LIABILITIES			114,251		222,898

Creditors: Amounts Falling Due After More Than One Year			(93,716 )		(193,255 )

NET ASSETS			20,535		29,643

CAPITAL AND RESERVES
Called up share capital	5		120		120
Profit and Loss Account			20,415		29,523

SHAREHOLDERS' FUNDS			20,535		29,643

Page 1

Page 2

Allsop Consulting Ltd.

Abridged Balance Sheet (continued)

As At 31 December 2024

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.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Trevor Allsop Director	Mr Ian Topping Director	Mr Richard Campbell Director
28/02/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Allsop Consulting Ltd. is a private company, limited by shares, incorporated in Northern Ireland, registered number NI617487 . The registered office is Opus House, Suite 2, 137 York Road, Belfast, BT15 3GZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

25% Straight line

2.4. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Corporation tax expense represents the sum of the tax currently payable.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2024	2023
Office and administration	8	7
Development	16	20

	24	27

Page 3

Page 4

Allsop Consulting Ltd.

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 December 2024

4. Tangible Assets

	Total
	£
Cost
As at 1 January 2024	60,981
Additions	2,059

As at 31 December 2024	63,040

Depreciation
As at 1 January 2024	49,152
Provided during the period	5,977

As at 31 December 2024	55,129

Net Book Value
As at 31 December 2024	7,911

As at 1 January 2024	11,829

5. Share Capital

	2024	2023
	£	£
Allotted, Called up and fully paid	120	120

6. Dividends

	2024	2023
	£	£
On equity shares:
Final dividend paid	4,403	98,132

Page 4