Company registration number 07731347 (England and Wales)
TWELVE CONSULTING LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
PAGES FOR FILING WITH REGISTRAR
TWELVE CONSULTING LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
TWELVE CONSULTING LIMITED
BALANCE SHEET
AS AT 31 AUGUST 2025
31 August 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
5
121
839
Investments
6
39,870
39,870
39,991
40,709
Current assets
Debtors
7
18,865
18,951
Cash at bank and in hand
17,903
8,322
36,768
27,273
Creditors: amounts falling due within one year
8
(11,211)
(18,688)
Net current assets
25,557
8,585
Net assets
65,548
49,294
Capital and reserves
Called up share capital
9
2
2
Profit and loss reserves
65,546
49,292
Total equity
65,548
49,294

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved and signed by the director and authorised for issue on 28 January 2026
Dario Pacifico
Director
Company registration number 07731347 (England and Wales)
TWELVE CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2025
- 2 -
1
Accounting policies
Company information

Twelve Consulting Limited is a private company limited by shares incorporated in England and Wales. The registered office is 2nd Floor, 10 Charles Ii Street, London, England, SW1Y 4AA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Revenue from the consultancy agreement is recognised upon completion of the consultancy services provided. The consultancy services are in relation to research activities in the field of business analytics and providing networking services. Revenue is shown net of VAT and other sales related taxes.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computer equipment
33% straight-line

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

Interests in simple investments are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A simple investment is an entity which is not a subsidiary, associate or joint venture, in which the company holds a long-term investment but does not have significant influence.

1.5
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

TWELVE CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 3 -
1.6
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets include debtors and cash and bank balances.

Debtors

Debtors do not carry any interest and are stated at their nominal value. Appropriate allowances for estimated irrecoverable amounts are recognised in the Profit and Loss account when there is objective evidence that the asset is impaired.

Cash at bank and in hand

Cash at bank and in hand include cash in hand, deposits held at call with banks and other short-term liquid investments with original maturities of three months or less.

Derecognition of financial assets

Financial assets cease to be recognised only when the contractual rights to the cash flows expire, or when substantially all the risks and rewards of ownership are transferred to another entity.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, includ e creditors. Creditors are not interest bearing and are stated at their nominal value.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

1.7
Taxation

The tax expense represents the sum of the tax currently payable.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

TWELVE CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
1
Accounting policies
(Continued)
- 4 -
1.8
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.9
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
1
1
4
Taxation
2025
2024
£
£
Current tax
UK corporation tax on profits for the current period
4,363
-
0
Adjustments in respect of prior periods
-
0
(1,802)
Total current tax
4,363
(1,802)
TWELVE CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 5 -
5
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 September 2024 and 31 August 2025
3,100
Depreciation and impairment
At 1 September 2024
2,261
Depreciation charged in the year
718
At 31 August 2025
2,979
Carrying amount
At 31 August 2025
121
At 31 August 2024
839
6
Fixed asset investments
2025
2024
£
£
Other investments
39,870
39,870
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 September 2024 & 31 August 2025
39,870
Carrying amount
At 31 August 2025
39,870
At 31 August 2024
39,870
7
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
-
0
3,437
Corporation tax recoverable
-
0
1,802
Other debtors
18,865
13,712
18,865
18,951
TWELVE CONSULTING LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 AUGUST 2025
- 6 -
8
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
2,161
7,986
Corporation tax
4,364
-
0
Other taxation and social security
3,531
1,858
Other creditors
1,155
8,844
11,211
18,688
9
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
2
2
2
2
10
Related party transactions

Included in turnover is an amount of £8,340.49 (2024: £18,418.25) invoiced to Alpha Value SA, a connected company. Of this, an amount of £5,591.88 was written off during the year.

Included in commissions payable is an amount of £13,484.49 (2024: £46,419) invoiced from Alpha Value SA, a connected company. Of this, an amount of £8,377.07 was written off during the year.

During the year, an amount of £46,770 (2024: £50,000) has been paid to the director/ shareholder in relation to consultancy fees.

2025-08-31 2024-09-01 false false false CCH Software CCH Accounts Production 2025.200 No description of principal activity Dario Pacifico Gilda Pacifico 07731347 2024-09-01 2025-08-31 07731347 2025-08-31 07731347 2024-08-31 07731347 core:OtherPropertyPlantEquipment 2025-08-31 07731347 core:OtherPropertyPlantEquipment 2024-08-31 07731347 core:CurrentFinancialInstruments core:WithinOneYear 2025-08-31 07731347 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 07731347 core:CurrentFinancialInstruments 2025-08-31 07731347 core:CurrentFinancialInstruments 2024-08-31 07731347 core:ShareCapital 2025-08-31 07731347 core:ShareCapital 2024-08-31 07731347 core:RetainedEarningsAccumulatedLosses 2025-08-31 07731347 core:RetainedEarningsAccumulatedLosses 2024-08-31 07731347 core:ShareCapitalOrdinaryShareClass1 2025-08-31 07731347 core:ShareCapitalOrdinaryShareClass1 2024-08-31 07731347 bus:Director1 2024-09-01 2025-08-31 07731347 core:ComputerEquipment 2024-09-01 2025-08-31 07731347 2023-09-01 2024-08-31 07731347 core:UKTax 2024-09-01 2025-08-31 07731347 core:UKTax 2023-09-01 2024-08-31 07731347 core:OtherPropertyPlantEquipment 2024-08-31 07731347 core:OtherPropertyPlantEquipment 2024-09-01 2025-08-31 07731347 core:WithinOneYear 2025-08-31 07731347 core:WithinOneYear 2024-08-31 07731347 bus:OrdinaryShareClass1 2024-09-01 2025-08-31 07731347 bus:OrdinaryShareClass1 2025-08-31 07731347 bus:OrdinaryShareClass1 2024-08-31 07731347 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 07731347 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 07731347 bus:FRS102 2024-09-01 2025-08-31 07731347 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 07731347 bus:CompanySecretary1 2024-09-01 2025-08-31 07731347 bus:FullAccounts 2024-09-01 2025-08-31 xbrli:pure xbrli:shares iso4217:GBP