REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 January 2023 to 28 February 2024 |
for |
Duffy-Brogan Consultancy Limited |
REGISTERED NUMBER: |
Unaudited Financial Statements |
for the Period 1 January 2023 to 28 February 2024 |
for |
Duffy-Brogan Consultancy Limited |
Duffy-Brogan Consultancy Limited (Registered number: 08636633) |
Contents of the Financial Statements |
for the Period 1 January 2023 to 28 February 2024 |
Page |
Company Information | 1 |
Statement of Financial Position | 2 |
Notes to the Financial Statements | 4 |
Duffy-Brogan Consultancy Limited |
Company Information |
for the Period 1 January 2023 to 28 February 2024 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Military House |
24 Castle Street |
Chester |
Cheshire |
CH1 2DS |
Duffy-Brogan Consultancy Limited (Registered number: 08636633) |
Statement of Financial Position |
28 February 2024 |
28.2.24 | 31.12.22 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
CREDITORS |
Amounts falling due after more than one year |
7 |
( |
) |
PROVISIONS FOR LIABILITIES | ( |
) |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | 9 |
The directors acknowledge their responsibilities for: |
(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and |
(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
Duffy-Brogan Consultancy Limited (Registered number: 08636633) |
Statement of Financial Position - continued |
28 February 2024 |
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
Duffy-Brogan Consultancy Limited (Registered number: 08636633) |
Notes to the Financial Statements |
for the Period 1 January 2023 to 28 February 2024 |
1. | STATUTORY INFORMATION |
Duffy-Brogan Consultancy Limited is a |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements are presented in sterling, which is functional currency of the company, rounded to the nearest £1. |
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding rebates, discounts, value added tax and other sales taxes. Turnover from the rendering of services is recognised by the stage of completion of the contract. |
Tangible fixed assets |
Plant and machinery | - |
Fixtures and fittings | - |
Computer equipment | - |
Taxation |
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. |
Current or deferred taxation assets and liabilities are not discounted. |
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date. |
Deferred tax |
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date. |
Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference. |
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. |
Pension costs and other post-retirement benefits |
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate. |
Duffy-Brogan Consultancy Limited (Registered number: 08636633) |
Notes to the Financial Statements - continued |
for the Period 1 January 2023 to 28 February 2024 |
2. | ACCOUNTING POLICIES - continued |
Break up basis |
The directors of the company have ceased trading and therefore as required by UK accounting standards, the financial statements have been prepared on the basis that the company is no longer a going concern. No material adjustments arose as a result of ceasing to apply the going concern basis. The financial statements do not include any provision for the future costs of terminating the business of the company except to the extent that such costs were committed at the balance sheet date. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Fixtures |
Plant and | and | Computer |
machinery | fittings | equipment | Totals |
£ | £ | £ | £ |
COST |
At 1 January 2023 |
Additions |
Disposals | ( |
) | ( |
) | ( |
) | ( |
) |
At 28 February 2024 |
DEPRECIATION |
At 1 January 2023 |
Eliminated on disposal | ( |
) | ( |
) | ( |
) | ( |
) |
At 28 February 2024 |
NET BOOK VALUE |
At 28 February 2024 |
At 31 December 2022 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.24 | 31.12.22 |
£ | £ |
Trade debtors |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
28.2.24 | 31.12.22 |
£ | £ |
Bank loans and overdrafts (see note 8) |
Trade creditors |
Tax |
VAT | - | 8,984 |
Directors' current accounts | 138 | 92,731 |
Accruals and deferred income |
Accrued expenses |
Duffy-Brogan Consultancy Limited (Registered number: 08636633) |
Notes to the Financial Statements - continued |
for the Period 1 January 2023 to 28 February 2024 |
7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
28.2.24 | 31.12.22 |
£ | £ |
Bank loans (see note 8) |
8. | LOANS |
An analysis of the maturity of loans is given below: |
28.2.24 | 31.12.22 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank loans |
Amounts falling due between one and two years: |
Bank loans - 1-2 years |
9. | RESERVES |
Retained |
earnings |
£ |
At 1 January 2023 |
Deficit for the period | ( |
) |
Dividends | ( |
) |
At 28 February 2024 |
10. | RELATED PARTY DISCLOSURES |
The directors loaned to the company a total of £1,150 and were repaid a total of £93,743 in the period. The balance owing to the directors' at 29.02.2024 is £138 ( 2022 - £92,731) and is repayable on demand. |