Sketchbook Consulting Ltd


Director	Niall A Smith


Company Secretary	Rachel E Marfleet


Registered Address	85 Great Portland Street
	First Floor
	London
	W1W 7LT


Registered Number	10914871 (England and Wales)

Balance Sheet as at
31 August 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		1,000		1,000
Tangible assets	4		1,624		1,905
			2,624		2,905
Current assets
Debtors	5	85,065		132,848
Cash at bank and on hand		35,911		5,914
		120,976		138,762
Creditors amounts falling due within one year	6	(39,225)		(61,297)
Net current assets (liabilities)			81,751		77,465
Total assets less current liabilities			84,375		80,370
Provisions for liabilities	7		(406)		(362)
Net assets			83,969		80,008
Capital and reserves
Called up share capital			10		10
Profit and loss account			83,959		79,998
Shareholders' funds			83,969		80,008

The company was entitled to exemption from audit for this reporting period 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 Director acknowledges 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 22 May 2026, and are signed on its behalf by:

Niall A Smith
Director
Registered Company No. 10914871

Sketchbook Consulting Ltd

Notes to the Financial Statements
for the year ended 31 August 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover policy
	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.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful like as follows:- Asset class - software application Amortisation method - the value of the software application has been reviewed by the Director and no amortisation is deemed necessary.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Office Equipment	33

2.	Average number of employees


		2025		2024
	Average number of employees during the year	1		1

3.	Intangible assets

	Other	Total
	£	£
Cost or valuation
At 01 September 24	1,000	1,000
At 31 August 25	1,000	1,000
Net book value
At 31 August 25	1,000	1,000
At 31 August 24	1,000	1,000

4.	Tangible fixed assets

	Office Equipment	Total
	£	£
Cost or valuation
At 01 September 24	11,378	11,378
Additions	495	495
At 31 August 25	11,873	11,873
Depreciation and impairment
At 01 September 24	9,473	9,473
Charge for year	776	776
At 31 August 25	10,249	10,249
Net book value
At 31 August 25	1,624	1,624
At 31 August 24	1,905	1,905

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	6,720	57,019
Amounts owed by associates and joint ventures / participating interests	78,345	75,829
Total	85,065	132,848

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	806	19,945
Taxation and social security	38,419	41,352
Total	39,225	61,297


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

7.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	406	362
Total	406	362

8.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
Niall A Smith	75,826	108,519	106,000	78,345
	75,826	108,519	106,000	78,345


	During the financial year, the Company advanced monies to the Director to enable him to carry out his duties. These monies were advanced on an unsecured, interest free basis, being repayable upon demand.