Fayd'Herbe Frère et Fils Ltd 11540791 false 2022-09-01 2023-08-31 2023-08-31 The principal activity of the company is that of management consultancy activities. Digita Accounts Production Advanced 6.30.9574.0 true true 11540791 2022-09-01 2023-08-31 11540791 2023-08-31 11540791 core:CurrentFinancialInstruments 2023-08-31 11540791 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 11540791 bus:SmallEntities 2022-09-01 2023-08-31 11540791 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 11540791 bus:FilletedAccounts 2022-09-01 2023-08-31 11540791 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 11540791 bus:RegisteredOffice 2022-09-01 2023-08-31 11540791 bus:Director1 2022-09-01 2023-08-31 11540791 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 11540791 countries:England 2022-09-01 2023-08-31 11540791 2021-09-01 2022-08-31 11540791 2022-08-31 11540791 core:CurrentFinancialInstruments 2022-08-31 11540791 core:CurrentFinancialInstruments core:WithinOneYear 2022-08-31 iso4217:GBP xbrli:pure

Registration number: 11540791

Fayd'Herbe Frère et Fils Ltd

Unaudited Financial Statements

for the Year Ended 31 August 2023

Brebners
Chartered Accountants
1 Suffolk Way
Sevenoaks
Kent
TN13 1YL

 

Fayd'Herbe Frère et Fils Ltd

Statement of Financial Position as at 31 August 2023

Note

2023
£

2022
£

Current assets

 

Debtors

4

17,085

28,208

Cash at bank and in hand

 

7,040

15,460

 

24,125

43,668

Creditors: Amounts falling due within one year

5

(1,920)

(18,995)

Net assets

 

22,205

24,673

Capital and reserves

 

Called up share capital

1

1

Retained earnings

22,204

24,672

Shareholders' funds

 

22,205

24,673

For the financial year ending 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Statement of Income and Retained Earnings has been taken.

Approved and authorised by the director on 17 February 2025
 

.........................................

C A Fayd'herbe De Maudave

Director

Company registration number: 11540791

 

Fayd'Herbe Frère et Fils Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
1 Suffolk Way
C/o Brebners
Sevenoaks
Kent
TN13 1YL

The principal activity of the company is that of management consultancy activities.

2

Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

As at 31 August 2023, the company had net assets of £22,205, including cash of £7,040. The affairs of the company are uncomplicated and costs can be easily managed.

On the basis of the above, and after making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities.

The company recognises revenue over the period in which consulting services are delivered.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Fayd'Herbe Frère et Fils Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2023

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company during the year, was 0 (2022 - 0).

4

Debtors

2023
£

2022
£

Trade debtors

-

12,000

Other debtors

17,085

16,208

17,085

28,208

5

Creditors

Creditors: amounts falling due within one year

2023
£

2022
£

Trade creditors

-

10,914

Taxation and social security

-

6,161

Other creditors

1,920

1,920

1,920

18,995

6

Transactions with directors

At 31 August 2023 an amount of £17,085 (2022: £16,208) was due from the directors. During the year there were advances of £45,094 and repayments of £44,628. Interest of £411 (2022: £Nil) was charged at 2% and 2.25% p.a. and there are no agreed terms in place.