Company Registration No. 10366921 (England and Wales)
Third Eye Consulting Group Limited
Unaudited accounts
for the year ended 31 December 2022
Third Eye Consulting Group Limited
Unaudited accounts
Contents
Third Eye Consulting Group Limited
Company Information
for the year ended 31 December 2022
Directors
Kelley Elyse Walton
Jeffrey Daniel Steinke
Company Number
10366921 (England and Wales)
Registered Office
64 Nile Street
London
N1 7SR
Accountants
Thriveworks Ltd
4a The Barns, Bulrushes Farm
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
Third Eye Consulting Group Limited
for the year ended 31 December 2022
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Third Eye Consulting Group Limited for the year ended
31 December 2022 as set out on pages
5 -
7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Third Eye Consulting Group Limited, as a body, in accordance with the terms of our engagement letter dated 5 August 2019. Our work has been undertaken solely to prepare for your approval the accounts of Third Eye Consulting Group Limited and state those matters that we have agreed to state to the Board of Directors of Third Eye Consulting Group Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Third Eye Consulting Group Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Third Eye Consulting Group Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Third Eye Consulting Group Limited. You consider that Third Eye Consulting Group Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Third Eye Consulting Group Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Thriveworks Ltd
Chartered Certified Accountants
4a The Barns, Bulrushes Farm
Coombe Hill Road
East Grinstead
West Sussex
RH19 4LZ
6 June 2023
Third Eye Consulting Group Limited
Statement of financial position
as at 31 December 2022
Tangible assets
149,171
134,253
Cash at bank and in hand
94,577
30,358
Creditors: amounts falling due within one year
(2,517,543)
(899,214)
Net current liabilities
(1,596,800)
(378,021)
Total assets less current liabilities
(1,447,629)
(243,768)
Creditors: amounts falling due after more than one year
(84,375)
(112,500)
Net liabilities
(1,532,004)
(356,268)
Called up share capital
1
1
Profit and loss account
(1,532,005)
(356,269)
Shareholders' funds
(1,532,004)
(356,268)
For the year ending 31 December 2022 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 9 June 2023 and were signed on its behalf by
Kelley Elyse Walton
Director
Company Registration No. 10366921
Third Eye Consulting Group Limited
Notes to the Accounts
for the year ended 31 December 2022
Third Eye Consulting Group Limited is a private company, limited by shares, registered in England and Wales, registration number 10366921. The registered office is 64 Nile Street, London, N1 7SR.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
5 years
Computer equipment
3 years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2022
98,526
99,964
198,490
Additions
12,320
61,390
73,710
At 31 December 2022
110,846
161,354
272,200
At 1 January 2022
21,624
42,613
64,237
Charge for the year
20,125
38,667
58,792
At 31 December 2022
41,749
81,280
123,029
At 31 December 2022
69,097
80,074
149,171
At 31 December 2021
76,902
57,351
134,253
Third Eye Consulting Group Limited
Notes to the Accounts
for the year ended 31 December 2022
Amounts falling due within one year
Trade debtors
290,315
67,804
Accrued income and prepayments
100,357
93,489
Other debtors
435,494
329,542
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
59,738
37,500
Trade creditors
129,720
100,075
Taxes and social security
1,776,832
446,155
Other creditors
23,492
60,669
7
Creditors: amounts falling due after more than one year
2022
2021
Being unsecured loans from Director/Shareholders
8
Average number of employees
During the year the average number of employees was 20 (2021: 20).