1 December 2022 false No description of principal activity Taxfiler 2024.1 07863112business:PrivateLimitedCompanyLtd2022-12-012023-11-30 078631122022-11-30 078631122022-12-012023-11-30 07863112business:AuditExemptWithAccountantsReport2022-12-012023-11-30 07863112business:FilletedAccounts2022-12-012023-11-30 078631122023-11-30 078631122022-11-30 07863112core:WithinOneYear2023-11-30 07863112core:WithinOneYear2022-11-30 07863112core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 07863112core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 07863112core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 07863112core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 07863112core:PreviouslyStatedAmount2023-11-30 07863112core:PreviouslyStatedAmount2022-11-30 07863112business:SmallEntities2022-12-012023-11-30 07863112business:Director12022-12-012023-11-30 07863112countries:EnglandWales2022-12-012023-11-30 07863112business:RegisteredOffice2022-12-012023-11-30 07863112core:ComputerEquipment2022-12-012023-11-30 07863112core:ComputerEquipment2022-11-30 07863112core:ComputerEquipment2023-11-30 078631122021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 07863112 (England and Wales)
FWAG East Consultancy Limited Unaudited accounts for the year ended 30 November 2023
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of FWAG East Consultancy Limited for the year ended 30 November 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of FWAG East Consultancy Limited for the year ended 30 November 2023 as set out on pages 3 - 5 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf.
Eden Accounting Ltd Chartered Certified Accountants The Pavilion Kingfisher Way Huntingdon Cambridgeshire PE29 6FN 26 March 2024
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FWAG East Consultancy Limited Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
6,144 
7,109 
Current assets
Debtors
241,038 
115,680 
Cash at bank and in hand
359,038 
381,864 
600,076 
497,544 
Creditors: amounts falling due within one year
(224,786)
(224,183)
Net current assets
375,290 
273,361 
Net assets
381,434 
280,470 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
381,334 
280,370 
Shareholders' funds
381,434 
280,470 
For the year ending 30 November 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 directors acknowledge their 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 of Directors and authorised for issue on 26 March 2024 and were signed on its behalf by
E O'Beirne-Ranelagh Director Company Registration No. 07863112
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FWAG East Consultancy Limited Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
FWAG East Consultancy Limited is a private company, limited by shares, registered in England and Wales, registration number 07863112. The registered office is Church Farm, Maris Lane, Trumpington, Cambridge, CB2 9LG.
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.
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.
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
33% straight line
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
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FWAG East Consultancy Limited Notes to the Accounts for the year ended 30 November 2023
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
17,303 
Additions
2,017 
At 30 November 2023
19,320 
Depreciation
At 1 December 2022
10,194 
Charge for the year
2,982 
At 30 November 2023
13,176 
Net book value
At 30 November 2023
6,144 
At 30 November 2022
7,109 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
221,826 
114,644 
Other debtors
19,212 
1,036 
241,038 
115,680 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
40,498 
135,512 
Taxes and social security
143,280 
78,916 
Other creditors
38,508 
9,755 
Deferred income
2,500 
- 
224,786 
224,183 
7
Average number of employees
During the year the average number of employees was 9 (2022: 7).
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