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Company Registration No. 11345509 (England and Wales)
Simon Price Consulting Ltd Unaudited accounts for the year ended 31 May 2025
Simon Price Consulting Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Simon Price Consulting Ltd Company Information for the year ended 31 May 2025
Directors
Simon Price Wendy Price
Company Number
11345509 (England and Wales)
Registered Office
9 Mill Furlong Rugby Warwks CV23 0GF
Accountants
Winkle and Co Accountants 61 Albert Street Rugby CV21 2SN
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Simon Price Consulting Ltd Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
20,989
27,243
Current assets
Cash at bank and in hand
555
677
Creditors: amounts falling due within one year
5
(26,869)
(34,198)
Net current liabilities
(26,314)
(33,521)
Net liabilities
(5,325)
(6,278)
Capital and reserves
Called up share capital
2
2
Profit and loss account
(5,327)
(6,280)
Shareholders' funds
(5,325)
(6,278)
For the year ending 31 May 2025 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 February 2026 and were signed on its behalf by
Simon Price Director Company Registration No. 11345509
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Simon Price Consulting Ltd Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
Simon Price Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 11345509. The registered office is 9 Mill Furlong, Rugby, Warwks, CV23 0GF.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following reducing balance rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25%
Computer equipment
15%
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 June 2024
51,365
9,982
61,347
At 31 May 2025
51,365
9,982
61,347
Depreciation
At 1 June 2024
29,695
4,409
34,104
Charge for the year
5,418
836
6,254
At 31 May 2025
35,113
5,245
40,358
Net book value
At 31 May 2025
16,252
4,737
20,989
At 31 May 2024
21,670
5,573
27,243
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Simon Price Consulting Ltd Notes to the Accounts for the year ended 31 May 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
1,500
3,000
Obligations under finance leases and hire purchase contracts
19,773
26,791
Trade creditors
690
990
Taxes and social security
642
2,138
Loans from directors
4,264
1,279
26,869
34,198
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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