IRIS Accounts Production v24.2.0.383 06150972 Board of Directors 1.4.23 30.3.24 30.3.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh061509722023-03-31061509722024-03-30061509722023-04-012024-03-30061509722022-03-31061509722022-04-012023-03-31061509722023-03-3106150972ns15:EnglandWales2023-04-012024-03-3006150972ns14:PoundSterling2023-04-012024-03-3006150972ns10:Director12023-04-012024-03-3006150972ns10:PrivateLimitedCompanyLtd2023-04-012024-03-3006150972ns10:SmallEntities2023-04-012024-03-3006150972ns10:AuditExemptWithAccountantsReport2023-04-012024-03-3006150972ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-03-3006150972ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-3006150972ns10:FullAccounts2023-04-012024-03-300615097212023-04-012024-03-3006150972ns10:Director22023-04-012024-03-3006150972ns10:RegisteredOffice2023-04-012024-03-3006150972ns5:CurrentFinancialInstruments2024-03-3006150972ns5:CurrentFinancialInstruments2023-03-3106150972ns5:Non-currentFinancialInstruments2024-03-3006150972ns5:Non-currentFinancialInstruments2023-03-3106150972ns5:ShareCapital2024-03-3006150972ns5:ShareCapital2023-03-3106150972ns5:RetainedEarningsAccumulatedLosses2024-03-3006150972ns5:RetainedEarningsAccumulatedLosses2023-03-3106150972ns5:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3006150972ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-04-012024-03-3006150972ns5:FurnitureFittings2023-04-012024-03-3006150972ns5:ComputerEquipment2023-04-012024-03-3006150972ns5:IntangibleAssetsOtherThanGoodwill2023-03-3106150972ns5:IntangibleAssetsOtherThanGoodwill2024-03-3006150972ns5:IntangibleAssetsOtherThanGoodwill2023-03-3106150972ns5:ShortLeaseholdAssetsns5:LandBuildings2023-03-3106150972ns5:FurnitureFittings2023-03-3106150972ns5:ComputerEquipment2023-03-3106150972ns5:ShortLeaseholdAssetsns5:LandBuildings2023-04-012024-03-3006150972ns5:ShortLeaseholdAssetsns5:LandBuildings2024-03-3006150972ns5:FurnitureFittings2024-03-3006150972ns5:ComputerEquipment2024-03-3006150972ns5:ShortLeaseholdAssetsns5:LandBuildings2023-03-3106150972ns5:FurnitureFittings2023-03-3106150972ns5:ComputerEquipment2023-03-3106150972ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-03-3006150972ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3106150972ns5:DeferredTaxation2023-03-3106150972ns5:DeferredTaxation2023-04-012024-03-3006150972ns5:DeferredTaxation2024-03-30
REGISTERED NUMBER: 06150972 (England and Wales)





















Unaudited Financial Statements

For The Period 1 April 2023 to 30 March 2024

for

Jason Faichney Consultancy Limited

Jason Faichney Consultancy Limited (Registered number: 06150972)






Contents of the Financial Statements
For The Period 1 April 2023 to 30 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Jason Faichney Consultancy Limited

Company Information
For The Period 1 April 2023 to 30 March 2024







DIRECTORS: J Faichney
Miss K Bolton





REGISTERED OFFICE: 42 Lytton Road
Barnet
Hertfordshire
EN5 5BY





REGISTERED NUMBER: 06150972 (England and Wales)





ACCOUNTANTS: Atkinson Donnelly LLP
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH

Jason Faichney Consultancy Limited (Registered number: 06150972)

Balance Sheet
30 March 2024

30.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,075 2,000
Tangible assets 5 10,528 19,636
11,603 21,636

CURRENT ASSETS
Debtors 6 456,506 275,551
Cash at bank 49,852 231,433
506,358 506,984
CREDITORS
Amounts falling due within one year 7 312,295 140,600
NET CURRENT ASSETS 194,063 366,384
TOTAL ASSETS LESS CURRENT
LIABILITIES

205,666

388,020

CREDITORS
Amounts falling due after more than one
year

8

(4,414

)

(70,741

)

PROVISIONS FOR LIABILITIES 9 - (359 )
NET ASSETS 201,252 316,920

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 201,250 316,918
201,252 316,920

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

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 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.

Jason Faichney Consultancy Limited (Registered number: 06150972)

Balance Sheet - continued
30 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 March 2025 and were signed on its behalf by:





J Faichney - Director


Jason Faichney Consultancy Limited (Registered number: 06150972)

Notes to the Financial Statements
For The Period 1 April 2023 to 30 March 2024

1. STATUTORY INFORMATION

Jason Faichney Consultancy 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 25% on reducing balance

Financial instruments
Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Cash and Bank Balances
Cash and bank balances are measured at the transaction price.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.


Jason Faichney Consultancy Limited (Registered number: 06150972)

Notes to the Financial Statements - continued
For The Period 1 April 2023 to 30 March 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 period 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.

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 period was 2 (2023 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2023
and 30 March 2024 9,250
AMORTISATION
At 1 April 2023 7,250
Charge for period 925
At 30 March 2024 8,175
NET BOOK VALUE
At 30 March 2024 1,075
At 31 March 2023 2,000

Jason Faichney Consultancy Limited (Registered number: 06150972)

Notes to the Financial Statements - continued
For The Period 1 April 2023 to 30 March 2024

5. TANGIBLE FIXED ASSETS
Fixtures
Short and Computer
leasehold fittings equipment Totals
£    £    £    £   
COST
At 1 April 2023
and 30 March 2024 26,485 348 8,954 35,787
DEPRECIATION
At 1 April 2023 8,740 134 7,277 16,151
Charge for period 8,740 32 336 9,108
At 30 March 2024 17,480 166 7,613 25,259
NET BOOK VALUE
At 30 March 2024 9,005 182 1,341 10,528
At 31 March 2023 17,745 214 1,677 19,636

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 31.3.23
£    £   
Trade debtors 10,000 29,700
Other debtors 446,506 245,851
456,506 275,551

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.3.24 31.3.23
£    £   
Bank loans and overdrafts 59,390 55,441
Finance leases 7,567 8,198
Taxation and social security - 43,501
Other creditors 245,338 33,460
312,295 140,600

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.3.24 31.3.23
£    £   
Bank loans - 59,390
Finance leases 4,414 11,351
4,414 70,741

9. PROVISIONS FOR LIABILITIES
30.3.24 31.3.23
£    £   
Deferred tax - 359

Jason Faichney Consultancy Limited (Registered number: 06150972)

Notes to the Financial Statements - continued
For The Period 1 April 2023 to 30 March 2024

9. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2023 359
Provided during period (359 )
Balance at 30 March 2024 -

10. RELATED PARTY DISCLOSURES

Other debtors includes £445,093 owed from FCF Properties. Jason Faichney is a shareholder in FCF Properties.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Jason Faichney Consultancy Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Jason Faichney Consultancy Limited for the period ended 30 March 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Jason Faichney Consultancy Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Jason Faichney Consultancy Limited and state those matters that we have agreed to state to the Board of Directors of Jason Faichney Consultancy Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Jason Faichney Consultancy Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Jason Faichney Consultancy Limited. You consider that Jason Faichney Consultancy Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Jason Faichney Consultancy Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Atkinson Donnelly LLP
1 Cambuslang Court
Cambuslang
Glasgow
Strathclyde
G32 8FH


14 March 2025