1 July 2022 false No description of principal activity Taxfiler 2023.11 12652368business:PrivateLimitedCompanyLtd2022-07-012023-06-30 126523682022-06-30 126523682022-07-012023-06-30 12652368business:AuditExemptWithAccountantsReport2022-07-012023-06-30 12652368business:FilletedAccounts2022-07-012023-06-30 126523682023-06-30 126523682022-06-30 12652368core:WithinOneYear2023-06-30 12652368core:WithinOneYear2022-06-30 12652368core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 12652368core:ShareCapitalcore:PreviouslyStatedAmount2022-06-30 12652368core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 12652368core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-06-30 12652368core:PreviouslyStatedAmount2023-06-30 12652368core:PreviouslyStatedAmount2022-06-30 12652368business:SmallEntities2022-07-012023-06-30 12652368business:Director12022-07-012023-06-30 12652368countries:EnglandWales2022-07-012023-06-30 12652368business:RegisteredOffice2022-07-012023-06-30 12652368core:ComputerEquipment2022-07-012023-06-30 12652368core:ComputerEquipment2022-06-30 12652368core:ComputerEquipment2023-06-30 12652368business:OrdinaryShareClass12022-07-012023-06-30 12652368business:OrdinaryShareClass12021-07-012022-06-30 126523682021-07-012022-06-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 12652368 (England and Wales)
Ferg Consulting Limited Unaudited accounts for the year ended 30 June 2023
Ferg Consulting Limited Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
153 
307 
Current assets
Debtors
965 
- 
Cash at bank and in hand
49,618 
48,777 
50,583 
48,777 
Creditors: amounts falling due within one year
(40,165)
(40,239)
Net current assets
10,418 
8,538 
Net assets
10,571 
8,845 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
10,569 
8,843 
Shareholders' funds
10,571 
8,845 
For the year ending 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 December 2023 and were signed on its behalf by
F Austin Director Company Registration No. 12652368
- 2 -
Ferg Consulting Limited Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Ferg Consulting Limited is a private company, limited by shares, registered in England and Wales, registration number 12652368. The registered office is 2 Frederick Street, Kings Cross, London, WC1X 0ND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% Straight line
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2022
615 
At 30 June 2023
615 
Depreciation
At 1 July 2022
308 
Charge for the year
154 
At 30 June 2023
462 
Net book value
At 30 June 2023
153 
At 30 June 2022
307 
- 3 -
Ferg Consulting Limited Notes to the Accounts for the year ended 30 June 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
965 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
8,182 
8,776 
Loans from directors
31,483 
30,963 
Accruals
500 
500 
40,165 
40,239 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Transactions with related parties
Included within creditors due within one year is an amount of £31,483 (2022: £30,963) due to the director of the company.
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
- 4 -