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REGISTERED NUMBER: 05142972 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

FACE VALUE CONSULTING LIMITED

FACE VALUE CONSULTING LIMITED (REGISTERED NUMBER: 05142972)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FACE VALUE CONSULTING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTORS: M J Housden
J R Twaite



SECRETARY: M J Housden



REGISTERED OFFICE: 2nd Floor - Robert House
19 Station Road
Chinnor
Oxfordshire
OX39 4PU



REGISTERED NUMBER: 05142972 (England and Wales)



ACCOUNTANTS: Partridges Accountancy Services Limited
Chartered Certified Accountants
2nd Floor - Robert House
19 Station Road
Chinnor
Oxfordshire
OX39 4PU



BANKERS: HSBC Bank plc
North Street Branch
Brighton
Sussex

FACE VALUE CONSULTING LIMITED (REGISTERED NUMBER: 05142972)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12 12

CURRENT ASSETS
Debtors 5 32,804 -
Investments 6 4,582 4,941
Cash at bank 375,123 396,984
412,509 401,925
CREDITORS
Amounts falling due within one year 7 107,496 81,819
NET CURRENT ASSETS 305,013 320,106
TOTAL ASSETS LESS CURRENT
LIABILITIES

305,025

320,118

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 304,925 320,018
SHAREHOLDERS' FUNDS 305,025 320,118

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.

FACE VALUE CONSULTING LIMITED (REGISTERED NUMBER: 05142972)

BALANCE SHEET - 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17 March 2025 and were signed on its behalf by:




J R Twaite - Director



M J Housden - Director


FACE VALUE CONSULTING LIMITED (REGISTERED NUMBER: 05142972)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Face Value 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.
Plant and machinery etc - 33% on cost

Taxation
Taxation for the year 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.

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 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
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 3 (2023 - 3 ) .

FACE VALUE CONSULTING LIMITED (REGISTERED NUMBER: 05142972)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 19,306
DEPRECIATION
At 1 July 2023
and 30 June 2024 19,294
NET BOOK VALUE
At 30 June 2024 12
At 30 June 2023 12

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade debtors 32,804 -

6. CURRENT ASSET INVESTMENTS
30.6.24 30.6.23
£    £   
Other 4,582 4,941

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 1,879 1,881
Taxation and social security 5,563 13,581
Other creditors 100,054 66,357
107,496 81,819

8. RELATED PARTY DISCLOSURES

During the the year, M Housden lent money to the company. As at 30th June 2024, M Housden was owed £1,774 from the company. This loan is interest free and repayable on demand.

During the the year, J Twaite lent money to the company. As at 30th June 2024, J.Twaite was owed £95,307. This loan is interest free and repayable on demand.