ACCOUNTS - Final Accounts preparation

Registered number: 13682436

THE CONSULTANCY COLLECTIVE LTD

UNAUDITED

DIRECTORS' REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

THE CONSULTANCY COLLECTIVE LTD

COMPANY INFORMATION

Directors	Scott Borland Fraser (appointed 15 October 2021)
	Fiona Ann Fraser (appointed 27 October 2021)


Company secretary	No company secretary


Registered number	13682436


Registered office	98 Rushton Avenue
	Watford
	WD25 0AR

THE CONSULTANCY COLLECTIVE LTD

CONTENTS

	Page
Directors' Report	1
Accountants' Report	2
Statement of Comprehensive Income	3
Balance Sheet	4
Statement of Changes in Equity	5 - 6
Notes to the Financial Statements	7 - 9

THE CONSULTANCY COLLECTIVE LTD

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 OCTOBER 2024

The directors present their report and the financial statements for the year ended 31 October 2024.

Directors

The directors who served during the year were:

Scott Borland Fraser (appointed 15 October 2021)

Fiona Ann Fraser (appointed 27 October 2021)

Small companies note

In preparing this report, the directors have taken advantage of the small companies exemptions provided by section 415A of the Companies Act 2006.

This report was approved by the board on 7 November 2025 and signed on its behalf.

Scott Borland Fraser

Director

Page 1

THE CONSULTANCY COLLECTIVE LTD

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF THE CONSULTANCY COLLECTIVE LTD
FOR THE YEAR ENDED 31 OCTOBER 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of THE CONSULTANCY COLLECTIVE LTD for the year ended 31 October 2024 which comprise the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Chartered Institute of Management Accountants UK, we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com /regulation.

We have not been instructed to carry out an audit or review of the financial statements of THE CONSULTANCY COLLECTIVE LTD. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Kolade Andrew Alli ACMA

The ARK Financial Management Consultancy Ltd

10 Gatcombe Gardens

West End Hampshire

SO18 3NA

7 November 2025

Page 2

THE CONSULTANCY COLLECTIVE LTD

STATEMENT OF COMPREHENSIVE INCOME

FOR THE YEAR ENDED 31 OCTOBER 2024

	2024	2023
Note	£	£


Turnover	72,556	73,161
Gross profit	72,556	73,161
Administrative expenses	(71,549)	(59,002)
Operating profit	1,007	14,159
Tax on profit	(191)	(2,690)
Profit for the financial year	816	11,469

Other comprehensive income for the year
Total comprehensive income for the year		816	11,469

The notes on pages 7 to 9 form part of these financial statements.

Page 3

THE CONSULTANCY COLLECTIVE LTD

REGISTERED NUMBER: 13682436

BALANCE SHEET

AS AT 31 OCTOBER 2024

		2024		2023
Note		£		£

Fixed assets
Investments	3		2		2
			2		2
Current assets
Cash at bank and in hand	4	22,765		20,910
		22,765		20,910
Creditors: amounts falling due within one year	5	(911)		(3,350)
Net current assets			21,854		17,560
Total assets less current liabilities			21,856		17,562

Net assets			21,856		17,562

Capital and reserves
Called up share capital	2	2
Profit and loss account	21,854	17,560
	21,856	17,562

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 7 November 2025.

Scott Borland Fraser

Director

The notes on pages 7 to 9 form part of these financial statements.

Page 4

THE CONSULTANCY COLLECTIVE LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 OCTOBER 2024

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 November 2023	2	17,560	17,562
Comprehensive income for the year
Profit for the year	-	816	816
Other comprehensive income for the year	-	-	-
Total comprehensive income for the year	-	816	816
Contributions by and distributions to owners
Other movement type 1	-	3,478	3,478
Total transactions with owners	-	3,478	3,478
At 31 October 2024	2	21,854	21,856

The notes on pages 7 to 9 form part of these financial statements.

Page 5

THE CONSULTANCY COLLECTIVE LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE YEAR ENDED 31 OCTOBER 2023

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 November 2022	2	1,801	1,803
Comprehensive income for the year
Profit for the year	-	11,469	11,469
Other comprehensive income for the year	-	-	-
Total comprehensive income for the year	-	11,469	11,469
Contributions by and distributions to owners
Other movement type 1	-	4,290	4,290
Total transactions with owners	-	4,290	4,290
At 31 October 2023	2	17,560	17,562

The notes on pages 7 to 9 form part of these financial statements.

Page 6

THE CONSULTANCY COLLECTIVE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

1.Accounting policies

1.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

1.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 7

THE CONSULTANCY COLLECTIVE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

1.Accounting policies (continued)

1.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

1.4

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

1.5

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The Company has no employees other than the directors, who did not receive any remuneration (2023 - £NIL).

3.	Fixed asset investments

		Unlisted investments
		£
	Cost or valuation
	At 1 November 2023	2
	At 31 October 2024	2

Page 8

THE CONSULTANCY COLLECTIVE LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2024

4.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	22,765	20,910
	22,765	20,910

5.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Corporation tax	191	2,690
Accruals and deferred income	720	660
	911	3,350

Page 9