ACCOUNTS - Final Accounts

Registered number: 12553070

AS CONSULT LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2024

AS CONSULT LTD

REGISTERED NUMBER: 12553070

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2024

		2024		2023
Note	£	£	£	£

Fixed assets
Tangible assets	4		-		2,461
			-		2,461
Current assets
Debtors: amounts falling due within one year	5	-		3,225
Cash at bank and in hand	6	72,430		58,996
		72,430		62,221
Creditors: amounts falling due within one year	7	(21,108)		(19,469)
Net current assets			51,322		42,752

Net assets			51,322		45,213

Capital and reserves
Called up share capital	8	1	1
Profit and loss account		51,321	45,212
		51,322	45,213

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AS CONSULT LTD

REGISTERED NUMBER: 12553070

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 APRIL 2024

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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

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

The Company has opted not to file the Statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 October 2026.

R Strauss

Director

The notes on pages 3 to 7 form part of these financial statements.

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AS CONSULT LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

1.	General information

AS Consult Limited is a company limited by shares, incorporated in England and Wales. The address of the registered office is 136 Princes Avenue, London, England, W3 8LT.

The principal activity of the company is financial management. The company ceased to trade during the period and will be wound up.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The company has ceased trade during the period and the decision was made to wind the company up.

Accordingly, the director believes that it is appropriate to prepare the financial statements on a non-going-concern basis.

It is intended that all outstanding debts will be settled and any remaining assets will be distributed to the shareholder.

The members confirm that the change of basis has had no impact on the results of operations or carrying values of assets or liabilities for the financial year ended 30 April 2024.

2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

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AS CONSULT LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Taxation

Tax is recognised in the Statement of comprehensive income except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

20%

straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of comprehensive income.

2.8

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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AS CONSULT LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)

2.9

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.11

Financial instruments

The Company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including a director, during the year was 1 (2023 - 1).

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AS CONSULT LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

4.	Tangible fixed assets

		Office equipment
		£
	Cost
	At 1 May 2023	3,026
	Disposals	(3,026)
	At 30 April 2024	-

	At 1 May 2023	565
	Disposals	(565)
	At 30 April 2024	-
	Net book value
	At 30 April 2024	-
	At 30 April 2023	2,461

Debtors

					2024	2023
					£	£


Other debtors	-	3,225
	-	3,225

6.	Cash and cash equivalents
		2024	2023
		£	£

Cash at bank and in hand	72,430	58,996
	72,430	58,996

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AS CONSULT LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

7.	Creditors: Amounts falling due within one year
		2024	2023
		£	£

Corporation tax	18,085	13,583
Other creditors	603	3,466
Accruals and deferred income	2,420	2,420
	21,108	19,469

8.	Share capital
		2024	2023
		£	£

Allotted, called up and fully paid

1 Ordinary share of £1	1	1

9.	Related party transactions
	Included within other creditors due within one year is an amount of £603 (2023 - £3,466) due to the former director of the company.

10.	Controlling party

At the point of signoff of these financial statements, the ultimate controlling party of the company is R Strauss, the director, by virtue of her shareholdings.

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