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REGISTERED NUMBER: 05594744 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 October 2022

for

Fingal Consulting Limited

Fingal Consulting Limited (Registered number: 05594744)






Contents of the Financial Statements
for the Year Ended 31 October 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Fingal Consulting Limited

Company Information
for the Year Ended 31 October 2022







DIRECTOR: Mrs R M Bassett





REGISTERED OFFICE: Tullymore
37 Deal Close
Stubbington
Fareham
Hampshire
PO14 2LZ





REGISTERED NUMBER: 05594744 (England and Wales)





ACCOUNTANTS: Behegan Lynes
Accountancy & Taxation Advisers
Bank Chambers
Brook Street
Bishops Waltham
Hampshire
SO32 1AX

Fingal Consulting Limited (Registered number: 05594744)

Balance Sheet
31 October 2022

31.10.22 31.10.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,447 13,739

CURRENT ASSETS
Debtors 5 3,521 9,363
Cash at bank 209,796 216,196
213,317 225,559
CREDITORS
Amounts falling due within one year 6 3,199 4,819
NET CURRENT ASSETS 210,118 220,740
TOTAL ASSETS LESS CURRENT
LIABILITIES

222,565

234,479

PROVISIONS FOR LIABILITIES 7 46 54
NET ASSETS 222,519 234,425

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 222,419 234,325
SHAREHOLDERS' FUNDS 222,519 234,425

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 14 October 2023 and were signed by:




Mrs R M Bassett - Director


Fingal Consulting Limited (Registered number: 05594744)

Notes to the Financial Statements
for the Year Ended 31 October 2022

1. STATUTORY INFORMATION

Fingal 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office conversion - 4% on cost
Other equipment - 20% on cost
Fixtures & fittings - 15% on reducing balance
Computer equipment - 25% on cost

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

Creditors
Short term creditors are measured at the transaction price.

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.

Fingal Consulting Limited (Registered number: 05594744)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Employee benefits
Short term employee benefits, including holiday pay and other similar non monetary benefits, are recognised as an expense in the period in which they are incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Office Other Fixtures Computer
conversion equipment & fittings equipment Totals
£    £    £    £    £   
COST
At 1 November 2021
and 31 October 2022 31,218 334 3,477 7,627 42,656
DEPRECIATION
At 1 November 2021 17,763 334 3,193 7,627 28,917
Charge for year 1,249 - 43 - 1,292
At 31 October 2022 19,012 334 3,236 7,627 30,209
NET BOOK VALUE
At 31 October 2022 12,206 - 241 - 12,447
At 31 October 2021 13,455 - 284 - 13,739

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Other debtors 3,521 9,363

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.22 31.10.21
£    £   
Trade creditors - 1,543
Other creditors 3,199 3,276
3,199 4,819

7. PROVISIONS FOR LIABILITIES
31.10.22 31.10.21
£    £   
Deferred tax 46 54

Fingal Consulting Limited (Registered number: 05594744)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2022

7. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 November 2021 54
Movement in accelerated
capital allowances (8 )
Balance at 31 October 2022 46

8. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 31.10.22 31.10.21
value: £    £   
100 Ordinary £1 100 100

9. RELATED PARTY DISCLOSURES

The company is owned and controlled by Mrs R M Bassett, the sole director of the company.