REGISTERED NUMBER: 10076743 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

S U CONSULTANCY LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S Singh

Mrs S Uppal

SECRETARY:

Mrs S Uppal

REGISTERED OFFICE:

Unit 1 Impact Park Willenhall Lane Indus

Willenhall Lane

Walsall

West Midlands

WS3 2XN

REGISTERED NUMBER:

10076743 (England and Wales)

ACCOUNTANTS:

LDP Luckmans

1110 Elliott Court

Coventry Business Park

Herald Avenue

Coventry

West Midlands

CV5 6UB

FIXED ASSETS

Tangible assets

4

591,647

838,718

CURRENT ASSETS

Debtors

5

4,266,363

3,295,069

Cash at bank

8,657

855,689

4,275,020

4,150,758

CREDITORS

Amounts falling due within one year

6

2,902,239

3,090,680

NET CURRENT ASSETS

1,372,781

1,060,078

TOTAL ASSETS LESS CURRENT LIABILITIES

1,964,428

1,898,796

CREDITORS

Amounts falling due after more than one year

7

(342,199

)

(594,672

)

PROVISIONS FOR LIABILITIES

(61,223

)

(9,107

)

NET ASSETS

1,561,006

1,295,017

CAPITAL AND RESERVES

Called up share capital

110

110

Retained earnings

1,560,896

1,294,907

1,561,006

1,295,017

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

Mrs S Uppal - Director

1.	STATUTORY INFORMATION

S U Consultancy Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Long leasehold

-

15% on reducing balance

Plant and machinery

-

33% on reducing balance

Motor vehicles

-

33% on reducing balance

Office equipment

-

33% 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

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss 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

Long

Plant and

Motor

Office

leasehold

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

226,644

664,334

467,844

187,906

1,546,728

Additions

15,082

-

-

8,466

23,548

Disposals

-

-

(39,780

)

-

(39,780

)

At 31 December 2024

241,726

664,334

428,064

196,372

1,530,496

DEPRECIATION

At 1 January 2024

66,824

368,682

189,492

83,012

708,010

Charge for year

26,235

97,565

89,485

35,706

248,991

Eliminated on disposal

-

-

(18,152

)

-

(18,152

)

At 31 December 2024

93,059

466,247

260,825

118,718

938,849

NET BOOK VALUE

At 31 December 2024

148,667

198,087

167,239

77,654

591,647

At 31 December 2023

159,820

295,652

278,352

104,894

838,718

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 January 2024

252,220

354,849

607,069

Disposals

-

(39,780

)

(39,780

)

Transfer to ownership

-

(67,449

)

(67,449

)

At 31 December 2024

252,220

247,620

499,840

DEPRECIATION

At 1 January 2024

138,999

101,051

240,050

Charge for year

37,363

81,382

118,745

Eliminated on disposal

-

(18,152

)

(18,152

)

Transfer to ownership

-

(54,906

)

(54,906

)

At 31 December 2024

176,362

109,375

285,737

NET BOOK VALUE

At 31 December 2024

75,858

138,245

214,103

At 31 December 2023

113,221

253,798

367,019

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

1,141,090

1,029,201

Other debtors

2,598,322

1,863,664

Directors' current accounts

7,632

9,293

Prepayments and accrued income

519,319

392,911

4,266,363

3,295,069

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

189,733

203,067

Hire purchase contracts

69,779

171,008

Trade creditors

2,108,643

2,292,893

Tax

132,295

-

Social security and other taxes

209,883

220,209

Other creditors

14

30,000

Accrued expenses

191,892

173,503

2,902,239

3,090,680

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Bank loans - 1-2 years

291,756

468,156

Hire purchase contracts

50,443

126,516

342,199

594,672