IRIS Accounts Production v24.1.9.2 13449598 Board of Directors 1.7.23 30.6.24 30.6.24 0 0 false true false false true false Ordinary A 1.00000 Ordinary B 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh134495982023-06-30134495982024-06-30134495982023-07-012024-06-30134495982022-06-30134495982022-07-012023-06-30134495982023-06-3013449598ns15:EnglandWales2023-07-012024-06-3013449598ns14:PoundSterling2023-07-012024-06-3013449598ns10:Director12023-07-012024-06-3013449598ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3013449598ns10:SmallEntities2023-07-012024-06-3013449598ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3013449598ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3013449598ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3013449598ns10:FullAccounts2023-07-012024-06-3013449598ns10:OrdinaryShareClass12023-07-012024-06-3013449598ns10:OrdinaryShareClass22023-07-012024-06-3013449598ns10:Director22023-07-012024-06-3013449598ns10:RegisteredOffice2023-07-012024-06-3013449598ns5:CurrentFinancialInstruments2024-06-3013449598ns5:CurrentFinancialInstruments2023-06-3013449598ns5:Non-currentFinancialInstruments2024-06-3013449598ns5:Non-currentFinancialInstruments2023-06-3013449598ns5:ShareCapital2024-06-3013449598ns5:ShareCapital2023-06-3013449598ns5:RetainedEarningsAccumulatedLosses2024-06-3013449598ns5:RetainedEarningsAccumulatedLosses2023-06-3013449598ns5:FurnitureFittings2023-07-012024-06-3013449598ns5:MotorVehicles2023-07-012024-06-3013449598ns5:ComputerEquipment2023-07-012024-06-3013449598ns5:FurnitureFittings2023-06-3013449598ns5:MotorVehicles2023-06-3013449598ns5:ComputerEquipment2023-06-3013449598ns5:FurnitureFittings2024-06-3013449598ns5:MotorVehicles2024-06-3013449598ns5:ComputerEquipment2024-06-3013449598ns5:FurnitureFittings2023-06-3013449598ns5:MotorVehicles2023-06-3013449598ns5:ComputerEquipment2023-06-3013449598ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3013449598ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3013449598ns10:OrdinaryShareClass12024-06-3013449598ns10:OrdinaryShareClass22024-06-30
REGISTERED NUMBER: 13449598 (England and Wales)














Unaudited Financial Statements for the Year Ended 30 June 2024

for

FREYSON CONSULTING LIMITED

FREYSON CONSULTING LIMITED (REGISTERED NUMBER: 13449598)






Contents of the Financial Statements
for the year ended 30 JUNE 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FREYSON CONSULTING LIMITED

Company Information
for the year ended 30 JUNE 2024







DIRECTORS: T A Drury
J A Drury





REGISTERED OFFICE: 155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB





REGISTERED NUMBER: 13449598 (England and Wales)





ACCOUNTANTS: Elsby & Co
155 Wellingborough Road
Rushden
Northamptonshire
NN10 9TB

FREYSON CONSULTING LIMITED (REGISTERED NUMBER: 13449598)

Statement of Financial Position
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 22,048 24,779

CURRENT ASSETS
Debtors 5 45,413 6,753
Cash at bank 1,339 39,724
46,752 46,477
CREDITORS
Amounts falling due within one year 6 53,776 16,208
NET CURRENT (LIABILITIES)/ASSETS (7,024 ) 30,269
TOTAL ASSETS LESS CURRENT LIABILITIES 15,024 55,048

CREDITORS
Amounts falling due after more than one
year

7

-

(16,191

)

PROVISIONS FOR LIABILITIES (4,423 ) (4,708 )
NET ASSETS 10,601 34,149

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 10,501 34,049
SHAREHOLDERS' FUNDS 10,601 34,149

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

FREYSON CONSULTING LIMITED (REGISTERED NUMBER: 13449598)

Statement of Financial Position - continued
30 JUNE 2024


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 8 August 2024 and were signed on its behalf by:





T A Drury - Director


FREYSON CONSULTING LIMITED (REGISTERED NUMBER: 13449598)

Notes to the Financial Statements
for the year ended 30 JUNE 2024

1. STATUTORY INFORMATION

Freyson 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.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

FREYSON CONSULTING LIMITED (REGISTERED NUMBER: 13449598)

Notes to the Financial Statements - continued
for the year ended 30 JUNE 2024

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - NIL).

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 July 2023 741 28,343 3,403 32,487
Additions 931 - 2,521 3,452
At 30 June 2024 1,672 28,343 5,924 35,939
DEPRECIATION
At 1 July 2023 148 5,669 1,891 7,708
Charge for year 305 4,534 1,344 6,183
At 30 June 2024 453 10,203 3,235 13,891
NET BOOK VALUE
At 30 June 2024 1,219 18,140 2,689 22,048
At 30 June 2023 593 22,674 1,512 24,779

The net book value of tangible fixed assets includes £ 18,140 (2023 - £ 22,674 ) in respect of assets held under hire purchase contracts.

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 45,413 6,528
Other debtors - 225
45,413 6,753

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts 16,191 2,311
Trade creditors 292 33
Taxation and social security 21,009 13,060
Other creditors 16,284 804
53,776 16,208

FREYSON CONSULTING LIMITED (REGISTERED NUMBER: 13449598)

Notes to the Financial Statements - continued
for the year ended 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 16,191

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
80 Ordinary A £1 80 80
20 Ordinary B £1 20 20
100 100