EFFECTIVE_CONSULTANCY_LTD_31_Jul_2022_companies_house_set_of_accounts.html
EFFECTIVE_CONSULTANCY_LTD_31_Jul_2022_companies_house_set_of_accounts.html
Company registration number:
Report to the board of directors on the preparation of the unaudited statutory financial statements of Effective Consultancy Ltd
Period ended 31 July 2022
As described on the abridged statement of financial position, the Board of Directors of Effective Consultancy Ltd are responsible for the preparation of the abridged financial statements for the period ended 31 July 2022 , which comprise the abridged statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
Kingfisher House2 Kingfisher WayStockton-on-TeesTS18 3EXUnited Kingdom
Abridged Statement of Financial Position
| 31 Jul 2022 | ||
|---|---|---|
| £ | ||
| Current assets | ||
| Debtors |
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| Net current assets |
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| Total assets less current liabilities | 10 | |
| Capital and reserves | ||
| Called up share capital |
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| Profit and loss account | - | |
| Shareholders funds |
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The company did not trade during the current period and has not made either a profit or a loss.
For the period ending 31 July 2022 , the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.
Director's responsibilities:
The members have not required the company to obtain an audit of its abridged financial statements for the period in question in accordance with section 476; The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements.
All of the members have consented to the preparation of the abridged statement of financial position and the abridged income statement for the period ended 31 July 2022 in accordance with Section 444(2A) of the Companies Act 2006.
These abridged financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies’ regime.
These abridged financial statements were approved by the board of directors and authorised for issue on 16 November 2022 , and are signed on behalf of the board by:
| Director |
Company registration number:
13389675
Notes to the Abridged Financial Statements
Period ended 31 July 2022
1 General information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 54 Hagley Road , 8th Floor (West Wing) , Birmingham , B16 8PE , England.
2 Statement of compliance
These abridged financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.
3 Accounting policies
Basis of preparation
The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The abridged financial statements are prepared in sterling, which is the functional currency of the company.
Income Statement
The company is dormant as defined in section 1169 of the Companies Act 2006. The company received no income and incurred no expenditure during the current period and therefore no income statement is presented within these financial statements.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price and are subsequently measured as follows: Debt instruments are subsequently measured at amortised cost and commitments to receive a loan and to make a loan to another entity are subsequently measured at amortised cost. Where investments in non-convertible preference shares and non-puttable ordinary shares or preference shares are publicly traded or their fair value can otherwise be measured reliably, the investment is subsequently measured at fair value with changes in fair value recognised in profit or loss. All other such investments are subsequently measured at cost less impairment.
All other financial instruments, including derivatives, are initially recognised at fair value, which is normally the transaction price and are subsequently measured at fair value, with any changes recognised in profit or loss.
Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
All equity instruments regardless of significance, and other financial assets that are individually significant, are assessed individually for impairment. Other financial assets or either assessed individually or grouped on the basis of similar credit risk characteristics.
Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
4 Average number of employees
The average number of persons employed by the company during the period was Nil.