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REGISTERED NUMBER: 09136628 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Forty-two Consulting Ltd

Forty-two Consulting Ltd (Registered number: 09136628)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


Forty-two Consulting Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTORS: N G Jacobs
Miss R Lyons





REGISTERED OFFICE: c/o Forty-two Consulting Ltd
Regus House, Atterbury Lakes
Fairbourne Drive, Atterbury
Milton Keynes
Buckinghamshire
MK10 9RG





REGISTERED NUMBER: 09136628 (England and Wales)






Forty-two Consulting Ltd (Registered number: 09136628)

Statement of Financial Position
31 December 2024

31.12.24 31.12.23
Notes £    £   
CURRENT ASSETS
Debtors 4 119,247 84,861
Cash at bank 55,283 84,006
174,530 168,867
CREDITORS
Amounts falling due within one year 5 55,140 46,711
NET CURRENT ASSETS 119,390 122,156
TOTAL ASSETS LESS CURRENT
LIABILITIES

119,390

122,156

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 119,290 122,056
SHAREHOLDERS' FUNDS 119,390 122,156

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 20 May 2025 and were signed on its behalf by:





Miss R Lyons - Director


Forty-two Consulting Ltd (Registered number: 09136628)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Forty-two Consulting Ltd 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.

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 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
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 5 (2023 - 4 ) .

Forty-two Consulting Ltd (Registered number: 09136628)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

4. DEBTORS
31.12.24 31.12.23
£    £   
Amounts falling due within one year:
Trade debtors 95,368 79,702
Other debtors 5,159 5,159
100,527 84,861

Amounts falling due after more than one year:
Other debtors 18,720 -

Aggregate amounts 119,247 84,861

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 2,983 6,312
Taxation and social security 33,131 36,015
Other creditors 19,026 4,384
55,140 46,711