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Company Registration No. NI647026 (Northern Ireland)
Foxleigh Consulting Limited Unaudited accounts for the year ended 31 July 2024
Foxleigh Consulting Limited Unaudited accounts Contents
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Foxleigh Consulting Limited Company Information for the year ended 31 July 2024
Director
Christopher Webber
Company Number
NI647026 (Northern Ireland)
Registered Office
Unit 2 Channel Wharf 21 Old Channel Road Belfast Antrim BT3 9DE United Kingdom
Accountants
PGR Chartered Accountants Unit 2 Channel Wharf 21 Old Channel Road Belfast Antrim BT3 9DE
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Foxleigh Consulting Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4,462 
4,324 
Investments
33,485 
23,485 
37,947 
27,809 
Current assets
Debtors
21,964 
6,480 
Cash at bank and in hand
92,056 
102,875 
114,020 
109,355 
Creditors: amounts falling due within one year
(40,637)
(40,734)
Net current assets
73,383 
68,621 
Net assets
111,330 
96,430 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
111,230 
96,330 
Shareholders' funds
111,330 
96,430 
For the year ending 31 July 2024 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 18 February 2025 and were signed on its behalf by
Christopher Webber Director Company Registration No. NI647026
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Foxleigh Consulting Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
Foxleigh Consulting Limited is a private company, limited by shares, registered in Northern Ireland, registration number NI647026. The registered office is Unit 2 Channel Wharf, 21 Old Channel Road, Belfast, Antrim, BT3 9DE, United Kingdom.
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.
Going concern
The director believes that the company Foxleigh Consulting Limited has adequate resources available to enable it to continue to meet its ongoing obligations as and when they fall due for at least a period of 12 months from the date of approval of the financial statements. Accordingly, the company continues to adopt the going concern basis in preparation of its financial statements.
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:
Fixtures & fittings
20% straight line
Computer equipment
33.33% straight line
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
Investments
Fixed asset investments are measured at cost less provision for any diminution in value.
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 rendering of consultancy 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.
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Foxleigh Consulting Limited Notes to the Accounts for the year ended 31 July 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
5,162 
7,885 
13,047 
Additions
- 
2,464 
2,464 
At 31 July 2024
5,162 
10,349 
15,511 
Depreciation
At 1 August 2023
2,437 
6,286 
8,723 
Charge for the year
1,032 
1,294 
2,326 
At 31 July 2024
3,469 
7,580 
11,049 
Net book value
At 31 July 2024
1,693 
2,769 
4,462 
At 31 July 2023
2,725 
1,599 
4,324 
5
Investments
Other investments 
£ 
Valuation at 1 August 2023
23,485 
Additions
10,000 
Valuation at 31 July 2024
33,485 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,964 
6,480 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,232 
333 
Taxes and social security
23,129 
32,718 
Other creditors
13,701 
5,562 
Loans from directors
75 
621 
Accruals
1,500 
1,500 
40,637 
40,734 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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