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Registered number: 07948700
Bureau Consulting Limited
Unaudited Financial Statements
For the Period 1 October 2023 to 31 December 2024
Kalculus
Chartered Accountants & Business Advisors
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—6
Page 1
Balance Sheet
Registered number: 07948700
31 December 2024 30 September 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 33,737 55,072
Investments 5 46,423 46,423
80,160 101,495
CURRENT ASSETS
Debtors 6 1,160,766 489,134
Cash at bank and in hand 1,238,137 1,404,969
2,398,903 1,894,103
Creditors: Amounts Falling Due Within One Year 7 (582,661 ) (533,024 )
NET CURRENT ASSETS (LIABILITIES) 1,816,242 1,361,079
TOTAL ASSETS LESS CURRENT LIABILITIES 1,896,402 1,462,574
PROVISIONS FOR LIABILITIES
Deferred Taxation (8,434 ) -
NET ASSETS 1,887,968 1,462,574
CAPITAL AND RESERVES
Called up share capital 8 100 100
Profit and Loss Account 1,887,868 1,462,474
SHAREHOLDERS' FUNDS 1,887,968 1,462,574
Page 1
Page 2
For the period 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.
On behalf of the board
Mr Simon Piehl
Director
5 September 2025
The notes on pages 3 to 6 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Bureau Consulting Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07948700 . The registered office is Kalculus, 119 Marylebone Road, London, NW1 5PU.
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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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:
Plant & Machinery 3 Years Straight Line
Motor Vehicles 5 Years Straight Line
Fixtures & Fittings 25% Reducing Balance
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
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 years 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.
...CONTINUED
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2.4. Taxation - continued
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the period, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the period was: 14 (2023: 14)
14 14
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 October 2023 85,777 102,572 3,963 192,312
Additions 9,984 - - 9,984
As at 31 December 2024 95,761 102,572 3,963 202,296
Depreciation
As at 1 October 2023 77,715 58,124 1,401 137,240
Provided during the period 10,165 20,514 640 31,319
As at 31 December 2024 87,880 78,638 2,041 168,559
Net Book Value
As at 31 December 2024 7,881 23,934 1,922 33,737
As at 1 October 2023 8,062 44,448 2,562 55,072
Page 4
Page 5
5. Investments
Listed
£
Cost or Valuation
As at 1 October 2023 46,423
As at 31 December 2024 46,423
Provision
As at 1 October 2023 -
As at 31 December 2024 -
Net Book Value
As at 31 December 2024 46,423
As at 1 October 2023 46,423
6. Debtors
31 December 2024 30 September 2023
£ £
Due within one year
Trade debtors 233,582 480,750
Prepayments and accrued income 7,829 8,384
Directors' loan accounts 687,368 -
928,779 489,134
Due after more than one year
Corporation tax recoverable assets 231,987 -
1,160,766 489,134
7. Creditors: Amounts Falling Due Within One Year
31 December 2024 30 September 2023
£ £
Trade creditors 10,477 9,201
Corporation tax 515,646 287,200
VAT 48,997 82,729
Other creditors 1,718 2,233
Accruals and deferred income 412 146,250
Amounts owed to associates 5,411 5,411
582,661 533,024
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Page 6
8. Share Capital
31 December 2024 30 September 2023
£ £
Allotted, Called up and fully paid 100 100
9. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
31 December 2024 30 September 2023
£ £
Not later than one year 30,000 22,500
Later than one year and not later than five years 120,000 -
Later than five years 150,000 -
300,000 22,500
Total lease payments recognised as an expense in the period were £37,500 (£30,000 in the prior year).
10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:
As at 1 October 2023 Amounts advanced Amounts repaid Amounts written off As at 31 December 2024
£ £ £ £ £
Mr Simon Piehl - 1,087,368 (400,000 ) - 687,368
The above loan is unsecured, interest free and repayable on demand.
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