REGISTERED NUMBER: 11030084 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2024

FOR

PITTACUS CONSULTANCY LTD

Page

Balance sheet

1

Notes to the financial statements

2

Fixed assets

Tangible assets

4

407

542

Current assets

Debtors

5

35,644

44,220

Cash at bank

10

-

35,654

44,220

Creditors

Amounts falling due within one year

6

9,197

9,228

Net current assets

26,457

34,992

Total assets less current liabilities

26,864

35,534

Creditors

Amounts falling due after more than one year

7

6,181

12,395

Net assets

20,683

23,139

Capital and reserves

Called up share capital

8

100

100

Retained earnings

20,583

23,039

Shareholders' funds

20,683

23,139

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of comprehensive income has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 October 2025 and were signed by:

Mr N J F Dawson - Director

1.	Statutory information

Pittacus Consultancy Ltd is a private company, limited by shares, registered in England and Wales. The company's registered number is 11030084. The registered office is 7 & 8 Church Street, Wimborne, Dorset, BH21 1JH and business address is 15 Peverell Avenue West, Poundbury, Dorchester, DT1 3SU.

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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Financial instruments

Basic financial instruments are initially recognised at transaction price and accounted for according to the substance of the contractual arrangement, as either financial assets, liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company, after deducting all liabilities.

At each balance sheet date, financial instruments are measured at amortised cost using the effective interest method. Any losses arising from impairment are recognised in the profit and loss account in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

4.	Tangible fixed assets

Plant and

Computer

machinery

equipment

Totals

£

£

£

Cost

At 1 November 2023

and 31 October 2024

500

2,183

2,683

Depreciation

At 1 November 2023

411

1,730

2,141

Charge for year

22

113

135

At 31 October 2024

433

1,843

2,276

Net book value

At 31 October 2024

67

340

407

At 31 October 2023

89

453

542

5.

Debtors: amounts falling due within one year

2024

2023

£

£

Directors' current accounts

35,644

44,220

6.

Creditors: amounts falling due within one year

2024

2023

£

£

Bank loans and overdrafts

6,557

6,815

Trade creditors

1,488

1,261

Accruals and deferred income

1,152

1,152

9,197

9,228

7.

Creditors: amounts falling due after more than one year

2024

2023

£

£

Bank loans - 1-2 years

6,181

6,815

Bank loans - 2-5 years

-

5,580

6,181

12,395

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

50

Ordinary A

£1

50

50

50

Ordinary B

£1

50

50

100

100

9.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 October 2024 and 31 October 2023:

2024

2023

£

£

Mr N J F Dawson

Balance outstanding at start of year

44,220

52,579

Amounts repaid

(8,576

)

(8,359

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

35,644

44,220

At the year end the director, Mr N Dawson, owed the company amounts totalling £35,644 (2023: £44,220), which are included within Debtors: amounts falling due within one year.

10.	Ultimate controlling party

The director, Mr N Dawson and his wife Jaqueline, together own 100% of the voting share capital, so therefore are deemed to have ultimate control.