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Company Registration No. 12487433 (England and Wales)
Salvatore Schifano Consulting Limited Unaudited accounts for the year ended 28 February 2026
Salvatore Schifano Consulting Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Salvatore Schifano Consulting Limited Company Information for the year ended 28 February 2026
Directors
Salvatore SCHIFANO Gretta SCHIFANO
Company Number
12487433 (England and Wales)
Registered Office
Upway Ridlands Lane Oxted RH8 0SS England
Accountants
KG McGahan Consulting Ltd Churchill Court 3 Manor Royal Crawley West Sussex RH10 9LU
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Salvatore Schifano Consulting Limited for the year ended 28 February 2026
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Salvatore Schifano Consulting Limited for the year ended 28 February 2026 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
KG McGahan Consulting Ltd Member in Practice Churchill Court 3 Manor Royal Crawley West Sussex RH10 9LU 22 July 2026
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Salvatore Schifano Consulting Limited Statement of financial position as at 28 February 2026
2026 
2025 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
564 
704 
Current assets
Debtors
5
69 
2,663 
Cash at bank and in hand
37,121 
106,038 
37,190 
108,701 
Creditors: amounts falling due within one year
6
(4,899)
(67,696)
Net current assets
32,291 
41,005 
Net assets
32,855 
41,709 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
32,755 
41,609 
Shareholders' funds
32,855 
41,709 
For the year ending 28 February 2026 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 24 July 2026 and were signed on its behalf by
Salvatore SCHIFANO Director Company Registration No. 12487433
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Salvatore Schifano Consulting Limited Notes to the Accounts for the year ended 28 February 2026
1
Statutory information
Salvatore Schifano Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 12487433. The registered office is Upway, Ridlands Lane, Oxted, RH8 0SS, England.
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.
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 rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance
Computer equipment
33.3% Straight Line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2025
1,722 
333 
2,055 
At 28 February 2026
1,722 
333 
2,055 
Depreciation
At 1 March 2025
1,018 
333 
1,351 
Charge for the year
140 
- 
140 
At 28 February 2026
1,158 
333 
1,491 
Net book value
At 28 February 2026
564 
- 
564 
At 28 February 2025
704 
- 
704 
5
Debtors
2026 
2025 
£ 
£ 
Amounts falling due within one year
VAT
69 
(4,837)
Trade debtors
- 
7,500 
69 
2,663 
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Salvatore Schifano Consulting Limited Notes to the Accounts for the year ended 28 February 2026
6
Creditors: amounts falling due within one year
2026 
2025 
£ 
£ 
Taxes and social security
(2,052)
17,300 
Loans from directors
6,621 
50,212 
Accruals
330 
184 
4,899 
67,696 
7
Average number of employees
During the year the average number of employees was 2 (2025: 2).
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