REGISTERED NUMBER: 07062491 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Salmon Consultancy Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

484

-

484

-

CURRENT ASSETS

Debtors

6

20,370

34,310

Cash at bank

2,537

423

22,907

34,733

CREDITORS

Amounts falling due within one year

7

19,850

21,272

NET CURRENT ASSETS

3,057

13,461

TOTAL ASSETS LESS CURRENT LIABILITIES

3,541

13,461

CREDITORS

Amounts falling due after more than one year

8

(3,333

)

(13,333

)

PROVISIONS FOR LIABILITIES

(92

)

-

NET ASSETS

116

128

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

16

28

SHAREHOLDERS' FUNDS

116

128

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mr D W Salmon - Director

1.	STATUTORY INFORMATION

Salmon Consultancy Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07062491

Registered office:

Littlewood Farm Rownall

Cheddleton

Leek

Staffordshire

ST13 7LB

The presentation currency of the financial statements is the Pound Sterling (£).

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is stated net of VAT and trade discounts. Turnover from the supply of services represents the value of services provided to the extent there is a right to consideration and is recorded at the value of the consideration due.

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover also includes the element of work completed but not yet invoiced.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of ten years.

Goodwill has now been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Foreign currencies

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 of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

487,310

AMORTISATION

At 1 February 2024

and 31 January 2025

487,310

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 February 2024

3,312

Additions

726

At 31 January 2025

4,038

DEPRECIATION

At 1 February 2024

3,312

Charge for year

242

At 31 January 2025

3,554

NET BOOK VALUE

At 31 January 2025

484

At 31 January 2024

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

10,986

10,226

Other debtors

9,384

24,084

20,370

34,310

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Taxation and social security

7,760

9,100

Other creditors

2,090

2,172

19,850

21,272

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

3,333

13,333

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

Mr D W Salmon and Ms D M Bourne-Salmon

Balance outstanding at start of year

2,940

21,481

Amounts advanced

54,144

52,645

Amounts repaid

(50,640

)

(71,186

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

6,444

2,940

The amount outstanding at 31 January 2025 has since been repaid.