161 Consulting Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07260598 (England and Wales)

161 CONSULTING LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

Page

Chartered Accountants' Report

1

Balance Sheet

2

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement is not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of 161 Consulting Ltd for the year ended 31 May 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of 161 Consulting Ltd, as a body, in accordance with the terms of our engagement letter dated 20 December 2022. Our work has been undertaken solely to prepare for your approval the financial statements of 161 Consulting Ltd and state those matters that we have agreed to state to the Board of Directors of 161 Consulting Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than 161 Consulting Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that 161 Consulting Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of 161 Consulting Ltd. You consider that 161 Consulting Ltd 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 financial statements of 161 Consulting Ltd. 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 financial statements.

Flint Accounting Limited

Chartered Accountants

56 West Street

Shoreham by Sea

West Sussex

BN43 5WG

29 February 2024

FIXED ASSETS

21,120

1,281

CURRENT ASSETS

504,126

618,192

CREDITORS

Amounts falling due within one year

(28,753

)

(73,234

)

NET CURRENT ASSETS

475,373

544,958

TOTAL ASSETS LESS CURRENT LIABILITIES

496,493

546,239

CAPITAL AND RESERVES

496,493

546,239

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

161 Consulting Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07260598

Registered office:

56 West Street

Shoreham-by-Sea

West Sussex

BN43 5WG

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 2 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year advances were made to the directors. The total value of the advances were £52,100 and these were fully repaid by the year end. Interest charged on the overdrawn balance totalled £60 for the year.

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

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

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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 29 February 2024 and were signed on its behalf by:

M F Levene - Director