Arnold Wagner Consulting Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07046251 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

ARNOLD WAGNER CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Wagner

REGISTERED OFFICE:

76 Temple Fortune Lane

London

NW11 7TT

REGISTERED NUMBER:

07046251 (England and Wales)

ACCOUNTANTS:

M S Alinek BA FCA

7 Upton Lodge Close

Bushey

Hertfordshire

WD23 1AG

FIXED ASSETS

Tangible assets

4

-

606

Investment property

5

226,400

226,400

226,400

227,006

CURRENT ASSETS

Cash at bank

27,047

43,817

CREDITORS

Amounts falling due within one year

6

(422

)

(16,639

)

NET CURRENT ASSETS

26,625

27,178

TOTAL ASSETS LESS CURRENT LIABILITIES

253,025

254,184

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

252,925

254,084

SHAREHOLDERS' FUNDS

253,025

254,184

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 February 2024 and were signed by:

A Wagner - Director

1.	STATUTORY INFORMATION

Arnold Wagner Consulting Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

TANGIBLE FIXED ASSETS

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on reducing balance

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2022

3,271

Disposals

(3,271

)

At 31 October 2023

-

DEPRECIATION

At 1 November 2022

2,665

Eliminated on disposal

(2,665

)

At 31 October 2023

-

NET BOOK VALUE

At 31 October 2023

-

At 31 October 2022

606

5.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 November 2022

and 31 October 2023

226,400

NET BOOK VALUE

At 31 October 2023

226,400

At 31 October 2022

226,400

The company has entered into a long term property partnership and is entitled to a share of the net rental income and profit on sale.

The investment is shown at the lower of cost or realisable value.

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

£

£

Trade creditors

(1

)

-

Taxation and social security

-

1,495

Other creditors

423

15,144

422

16,639