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REGISTERED NUMBER: 03477971 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2022

FOR

FEERSUM TECHNOLOGY LIMITED

FEERSUM TECHNOLOGY LIMITED (REGISTERED NUMBER: 03477971)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FEERSUM TECHNOLOGY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2022







DIRECTOR: A D Toone



SECRETARY: V Toone



REGISTERED OFFICE: Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH



REGISTERED NUMBER: 03477971 (England and Wales)



ACCOUNTANTS: Staffords
Chartered Accountants
Unit 1, Cambridge House
Camboro Business Park
Oakington Road, Girton
CAMBRIDGE
Cambridgeshire
CB3 0QH



BANKERS: National Westminster Bank
56 St Andrew's Street
CAMBRIDGE
CB2 3DA

FEERSUM TECHNOLOGY LIMITED (REGISTERED NUMBER: 03477971)

BALANCE SHEET
31 DECEMBER 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 807 2,149

CURRENT ASSETS
Debtors 5 9,371 6,630
Cash at bank 234 17,275
9,605 23,905
CREDITORS
Amounts falling due within one year 6 11,441 5,657
NET CURRENT (LIABILITIES)/ASSETS (1,836 ) 18,248
TOTAL ASSETS LESS CURRENT
LIABILITIES

(1,029

)

20,397

PROVISIONS FOR LIABILITIES 7 - 408
NET (LIABILITIES)/ASSETS (1,029 ) 19,989

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings (1,031 ) 19,987
SHAREHOLDERS' FUNDS (1,029 ) 19,989

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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.

FEERSUM TECHNOLOGY LIMITED (REGISTERED NUMBER: 03477971)

BALANCE SHEET - continued
31 DECEMBER 2022


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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2023 and were signed by:





A D Toone - Director


FEERSUM TECHNOLOGY LIMITED (REGISTERED NUMBER: 03477971)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2022


1. STATUTORY INFORMATION

Feersum Technology 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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 1 (2021 - 1 ) .

FEERSUM TECHNOLOGY LIMITED (REGISTERED NUMBER: 03477971)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 January 2022 - 10,622 10,622
Additions 152 - 152
At 31 December 2022 152 10,622 10,774
DEPRECIATION
At 1 January 2022 - 8,473 8,473
Charge for year - 1,494 1,494
At 31 December 2022 - 9,967 9,967
NET BOOK VALUE
At 31 December 2022 152 655 807
At 31 December 2021 - 2,149 2,149

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Other debtors 9,371 6,630

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Bank loans and overdrafts 2 -
Taxation and social security 442 1,153
Other creditors 10,997 4,504
11,441 5,657

7. PROVISIONS FOR LIABILITIES
2022 2021
£    £   
Deferred tax - 408

Deferred
tax
£   
Balance at 1 January 2022 408
Provision released
Balance at 31 December 2022 408

FEERSUM TECHNOLOGY LIMITED (REGISTERED NUMBER: 03477971)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2022


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
2 Ordinary £1 2 2

9. RELATED PARTY DISCLOSURES

There are no material related party transactions which were not concluded under normal market conditions.

10. ULTIMATE CONTROLLING PARTY

The controlling party is A D Toone.