Company registration number 14599890 (England and Wales)
J WRAY CONSULTING LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
PAGES FOR FILING WITH REGISTRAR
J WRAY CONSULTING LIMITED
CONTENTS
Page
Balance sheet
1
Statement of changes in equity
2
Notes to the financial statements
3 - 6
J WRAY CONSULTING LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2025
31 January 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
3,219
3,450
Current assets
Cash at bank and in hand
72,290
12,765
Creditors: amounts falling due within one year
4
(49,589)
(13,004)
Net current assets/(liabilities)
22,701
(239)
Total assets less current liabilities
25,920
3,211
Provisions for liabilities
(37)
-
0
Net assets
25,883
3,211
Capital and reserves
Called up share capital
5
100
100
Profit and loss reserves
25,783
3,111
Total equity
25,883
3,211

For the financial year ended 31 January 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 10 October 2025 and are signed on its behalf by:
Mr J M Wray
Director
Company registration number 14599890 (England and Wales)
J WRAY CONSULTING LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 JANUARY 2025
- 2 -
Share capital
Profit and loss reserves
Total
Notes
£
£
£
Balance at 18 January 2023
-
0
-
0
-
Period ended 31 January 2024:
Profit and total comprehensive income
-
41,621
41,621
Issue of share capital
5
100
-
100
Dividends
-
(38,510)
(38,510)
Balance at 31 January 2024
100
3,111
3,211
Year ended 31 January 2025:
Profit and total comprehensive income
-
109,969
109,969
Dividends
-
(87,297)
(87,297)
Balance at 31 January 2025
100
25,783
25,883
J WRAY CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025
- 3 -
1
Accounting policies
Company information

J Wray Consulting Limited is a private company limited by shares incorporated in England and Wales. The registered office is Bradbury House, Mission Court, Newport, Gwent, NP20 2DW.

1.1
Reporting period

The previous financial period statements covered a period from it's incorporation and as a result the figures are not comparable.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for promotional work provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on cost
Computers
25% on cost

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transition price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

J WRAY CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
J WRAY CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
- 5 -
3
Tangible fixed assets
Plant and equipment
Computers
Total
£
£
£
Cost
At 1 February 2024
-
0
4,600
4,600
Additions
488
549
1,037
At 31 January 2025
488
5,149
5,637
Depreciation and impairment
At 1 February 2024
-
0
1,150
1,150
Depreciation charged in the year
61
1,207
1,268
At 31 January 2025
61
2,357
2,418
Carrying amount
At 31 January 2025
427
2,792
3,219
At 31 January 2024
-
0
3,450
3,450
4
Creditors: amounts falling due within one year
2025
2024
£
£
Corporation tax
35,898
11,504
Other creditors
13,691
1,500
49,589
13,004
5
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
90
90
90
90
Ordinary A of £1 each
10
10
10
10
100
100
100
100
6
Operating lease commitments
As lessee
J WRAY CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2025
6
Operating lease commitments
(Continued)
- 6 -

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
7,000
-
0
7
Directors' transactions

Dividends totalling £87,297 (2024 - £38,510) were paid in the year in respect of shares held by the company's director.

2025-01-31 2024-02-01 false false false 10 October 2025 CCH Software CCH Accounts Production 2025.100 No description of principal activity Mr J M Wray Mrs L Wray 14599890 2024-02-01 2025-01-31 14599890 2025-01-31 14599890 2024-01-31 14599890 core:PlantMachinery 2025-01-31 14599890 core:ComputerEquipment 2025-01-31 14599890 core:PlantMachinery 2024-01-31 14599890 core:ComputerEquipment 2024-01-31 14599890 core:ShareCapital 2025-01-31 14599890 core:ShareCapital 2024-01-31 14599890 core:RetainedEarningsAccumulatedLosses 2025-01-31 14599890 core:RetainedEarningsAccumulatedLosses 2024-01-31 14599890 core:ShareCapital 2023-01-17 14599890 core:RetainedEarningsAccumulatedLosses 2023-01-17 14599890 core:ShareCapitalOrdinaryShareClass1 2025-01-31 14599890 core:ShareCapitalOrdinaryShareClass1 2024-01-31 14599890 core:ShareCapitalOrdinaryShareClass2 2025-01-31 14599890 core:ShareCapitalOrdinaryShareClass2 2024-01-31 14599890 core:ShareCapitalOrdinaryShares 2025-01-31 14599890 core:ShareCapitalOrdinaryShares 2024-01-31 14599890 bus:Director1 2024-02-01 2025-01-31 14599890 core:RetainedEarningsAccumulatedLosses 2023-01-18 2024-01-31 14599890 2023-01-18 2024-01-31 14599890 core:RetainedEarningsAccumulatedLosses 2024-02-01 2025-01-31 14599890 core:ShareCapital 2023-01-18 2024-01-31 14599890 core:PlantMachinery 2024-02-01 2025-01-31 14599890 core:ComputerEquipment 2024-02-01 2025-01-31 14599890 core:PlantMachinery 2024-01-31 14599890 core:ComputerEquipment 2024-01-31 14599890 2024-01-31 14599890 core:CurrentFinancialInstruments 2025-01-31 14599890 core:CurrentFinancialInstruments 2024-01-31 14599890 bus:OrdinaryShareClass1 2024-02-01 2025-01-31 14599890 bus:OrdinaryShareClass2 2024-02-01 2025-01-31 14599890 bus:OrdinaryShareClass1 2025-01-31 14599890 bus:OrdinaryShareClass1 2024-01-31 14599890 bus:OrdinaryShareClass2 2025-01-31 14599890 bus:OrdinaryShareClass2 2024-01-31 14599890 bus:AllOrdinaryShares 2025-01-31 14599890 bus:AllOrdinaryShares 2024-01-31 14599890 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 14599890 bus:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 14599890 bus:FRS102 2024-02-01 2025-01-31 14599890 bus:AuditExemptWithAccountantsReport 2024-02-01 2025-01-31 14599890 bus:Director2 2024-02-01 2025-01-31 14599890 bus:FullAccounts 2024-02-01 2025-01-31 xbrli:pure xbrli:shares iso4217:GBP