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REGISTERED NUMBER: 11229825 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Fun-damental Consulting Limited

Fun-damental Consulting Limited (Registered number: 11229825)

Contents of the Financial Statements
for the Year Ended 28 February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Fun-damental Consulting Limited

Company Information
for the Year Ended 28 February 2023







DIRECTORS: G R Pyper
S A Pyper





REGISTERED OFFICE: 67 Christchurch Road
Hemel Hempstead
Hertfordshire
HP2 5BY





REGISTERED NUMBER: 11229825 (England and Wales)





ACCOUNTANTS: David Lindon & Co
Chartered Accountants
Avaland House
110 London Road
Hemel Hempstead
Hertfordshire
HP3 9SD

Fun-damental Consulting Limited (Registered number: 11229825)

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,171 14,857

CURRENT ASSETS
Debtors 5 11,140 49,194
Cash at bank 216,960 177,480
228,100 226,674
CREDITORS
Amounts falling due within one year 6 35,455 41,743
NET CURRENT ASSETS 192,645 184,931
TOTAL ASSETS LESS CURRENT
LIABILITIES

204,816

199,788

PROVISIONS FOR LIABILITIES 7 2,312 2,823
NET ASSETS 202,504 196,965

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 202,502 196,963
SHAREHOLDERS' FUNDS 202,504 196,965

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

Fun-damental Consulting Limited (Registered number: 11229825)

Balance Sheet - continued
28 February 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by:




G R Pyper - Director



S A Pyper - Director


Fun-damental Consulting Limited (Registered number: 11229825)

Notes to the Financial Statements
for the Year Ended 28 February 2023


1. STATUTORY INFORMATION

Fun-damental 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.

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.
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance
Computer equipment - 20% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Fun-damental Consulting Limited (Registered number: 11229825)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 March 2022 9,531 950 12,904 23,385
Additions 321 - - 321
At 28 February 2023 9,852 950 12,904 23,706
DEPRECIATION
At 1 March 2022 4,706 228 3,594 8,528
Charge for year 1,002 144 1,861 3,007
At 28 February 2023 5,708 372 5,455 11,535
NET BOOK VALUE
At 28 February 2023 4,144 578 7,449 12,171
At 28 February 2022 4,825 722 9,310 14,857

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 9,820 48,020
Prepayments 1,320 1,174
11,140 49,194

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 68 18
Tax 21,187 20,590
VAT 6,792 4,554
Directors' current accounts 6,208 5,381
Accruals and deferred income 1,200 11,200
35,455 41,743

Fun-damental Consulting Limited (Registered number: 11229825)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023


7. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax 2,312 2,823

Deferred
tax
£   
Balance at 1 March 2022 2,823
Provided during year (511 )
Balance at 28 February 2023 2,312

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2