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Registered number: 13447535
Daniel Selt Consultancy Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
A K E Tax & Accountancy Ltd
Chartered Certified Accountants
Hoddesdon Enterprise Centre
Pindar Road
Hoddesdon
Hertfordshire
EN11 0FJ
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 13447535
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 - 599
- 599
CURRENT ASSETS
Debtors 5 999 10,417
Cash at bank and in hand 9,251 98
10,250 10,515
Creditors: Amounts Falling Due Within One Year 6 (9,481 ) (10,722 )
NET CURRENT ASSETS (LIABILITIES) 769 (207 )
TOTAL ASSETS LESS CURRENT LIABILITIES 769 392
NET ASSETS 769 392
CAPITAL AND RESERVES
Called up share capital 7 100 100
Profit and Loss Account 669 292
SHAREHOLDERS' FUNDS 769 392
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For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
D Selt
Director
4 November 2026
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Daniel Selt Consultancy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 13447535 . The registered office is c/o AKE, Hoddesdon Enterprise Centre, Pindar Road, Hoddesdon, Hertfordshire, EN11 0FJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
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 rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Computer Equipment 25% Straight Line
2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.5. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
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2.6. Creditors
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.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
4. Tangible Assets
Computer Equipment
£
Cost
As at 1 April 2025 2,398
As at 31 March 2026 2,398
Depreciation
As at 1 April 2025 1,799
Provided during the period 599
As at 31 March 2026 2,398
Net Book Value
As at 31 March 2026 -
As at 1 April 2025 599
5. Debtors
2026 2025
£ £
Due within one year
Trade debtors 999 1,167
Director's loan account - 9,250
999 10,417
6. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Corporation tax 7,852 9,355
Accruals and deferred income 1,250 1,367
Director's loan account 379 -
9,481 10,722
7. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 100 100
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8. Related Party Transactions
D Selt
The above is a related party by virtue of being a director.
The above related party incurred expenses and drew monies against their directors loan account during the period.
At the balance sheet date, the director was owed £380 by the company (2025: £9,250 owed to the company).
No interest was charged on this loan during the period and repayable on demand.
9. Ultimate Controlling Party
The company's ultimate controlling party is D Selt by virtue of his ownership of 100% of the issued share capital in the company.
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