Turner & Co. (Consulting) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06940502

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		7,678		8,719
Tangible Assets	5		2,851		7,071

			10,529		15,790
CURRENT ASSETS
Debtors	6	27,408		28,356
Cash at bank and in hand		39,050		87,440

		66,458		115,796
Creditors: Amounts Falling Due Within One Year	7	(21,512 )		(33,319 )

NET CURRENT ASSETS (LIABILITIES)			44,946		82,477

TOTAL ASSETS LESS CURRENT LIABILITIES			55,475		98,267

Creditors: Amounts Falling Due After More Than One Year	8		-		(8,539 )

NET ASSETS			55,475		89,728

CAPITAL AND RESERVES
Called up share capital	9		10		10
Profit and Loss Account			55,465		89,718

SHAREHOLDERS' FUNDS			55,475		89,728

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Turner & Co. (Consulting) Limited

Balance Sheet (continued)

As At 30 June 2025

For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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 Robert Turner

Director

30 October 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Turner & Co. (Consulting) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06940502 . The registered office is 1st Floor Charity House Duke Street, Tutbury, Burton-On-Trent, Staffordshire, DE13 9NE.

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. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of .... years.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are .... It is amortised to the profit and loss account over its estimated economic life of .... years.

2.5. 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	25
Fixtures & Fittings	15
Computer Equipment	33

2.6. 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.

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.

...CONTINUED

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Turner & Co. (Consulting) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.6. Taxation - continued

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 year, 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 year was: 5 (2024: 5)

4. Intangible Assets

	Goodwill	Other	Total
	£	£	£
Cost
As at 1 July 2024	-	10,410	10,410

As at 30 June 2025	-	10,410	10,410

Amortisation
As at 1 July 2024	-	1,691	1,691
Provided during the period	1,041	-	1,041

As at 30 June 2025	1,041	1,691	2,732

Net Book Value
As at 30 June 2025	(1,041 )	8,719	7,678

As at 1 July 2024	-	8,719	8,719

5. Tangible Assets

	Plant & Machinery	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 July 2024	4,155	27,086	13,054	44,295

As at 30 June 2025	4,155	27,086	13,054	44,295

Depreciation
As at 1 July 2024	3,739	22,988	10,497	37,224
Provided during the period	151	2,294	1,775	4,220

As at 30 June 2025	3,890	25,282	12,272	41,444

Net Book Value
As at 30 June 2025	265	1,804	782	2,851

As at 1 July 2024	416	4,098	2,557	7,071

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Turner & Co. (Consulting) Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	26,745	27,168
Other debtors	663	1,188

	27,408	28,356

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	-	430
Other loans	8,580	9,284
Other creditors	2,879	12,356
Taxation and social security	10,053	11,249

	21,512	33,319

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	-	8,539

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

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