Suzanne Kingston Advisory Ltd - Filleted accounts

Registered number

11906152

Suzanne Kingston Advisory Ltd

Filleted Accounts

31 March 2025

Suzanne Kingston Advisory Ltd
Registered number:		11906152
Balance Sheet
as at 31 March 2025

	Notes		2025		2024
			£		£
Fixed assets
Tangible assets	3		627		836

Current assets
Debtors	4	422		7,810
Cash at bank and in hand		159,962		132,434
		160,384		140,244

Creditors: amounts falling due within one year	5	(58,253)		(46,774)

Net current assets			102,131		93,470

Net assets			102,758		94,306

Capital and reserves
Called up share capital			100		100
Profit and loss account			102,658		94,206

Shareholder's funds			102,758		94,306

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Suzanne Kingston
Director
Approved by the board on 22 October 2025

Suzanne Kingston Advisory Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	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 amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value. The principal accounting policies adopted are set out below

	Turnover
	Turnover represents amounts receivable for services net of VAT Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

	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. 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. 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:

	Computers	25% Reducing balance

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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.

	Cash and cash equivalents
	Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

	Foreign currency translation
	Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.


2	Employees		2025		2024
Number				Number

	Average number of persons employed by the company		1		1


3	Tangible fixed assets
					Plant and machinery etc
					£
	Cost
	At 1 April 2024				1,486
	At 31 March 2025				1,486

	Depreciation
	At 1 April 2024				650
	Charge for the year				209
	At 31 March 2025				859

	Net book value
	At 31 March 2025				627
	At 31 March 2024				836





4	Debtors		2025		2024
			£		£

	Trade debtors		422		7,810


5	Creditors: amounts falling due within one year		2025		2024
			£		£

	Accruals		1,230		3,945
	Directors current account		55,008		38,364
	Taxation and social security costs		2,015		4,465
			58,253		46,774


6	Other information

	Suzanne Kingston Advisory Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Accountax House
	420a Streatham High Road
	London
	England
	SW16 3SN