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Company Registration No. 10412075 (England and Wales)
Fervent Limited Unaudited accounts for the year ended 31 December 2024
Fervent Limited Unaudited accounts Contents
Page
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Fervent Limited Company Information for the year ended 31 December 2024
Director
Richard Foster Thorne
Company Number
10412075 (England and Wales)
Registered Office
Flat 1 Chine Mansions 6 Chine Crescent Road Bournemouth Dorset BH2 5LD England
Accountants
Solumar Limited 226 Staines Road Laleham Staines-Upon-Thames Middlesex TW18 2RT
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Fervent Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
11 
9,731 
Cash at bank and in hand
2,779 
5,086 
2,790 
14,817 
Creditors: amounts falling due within one year
(297)
- 
Net current assets
2,493 
14,817 
Net assets
2,493 
14,817 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
2,393 
14,717 
Shareholders' funds
2,493 
14,817 
For the year ending 31 December 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 25 May 2025 and were signed on its behalf by
Richard Foster Thorne Director Company Registration No. 10412075
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Fervent Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Fervent Limited is a private company, limited by shares, registered in England and Wales, registration number 10412075. The registered office is Flat 1, Chine Mansions, 6 Chine Crescent Road, Bournemouth, Dorset, BH2 5LD, England.
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.
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 sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of 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.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
51 
Other debtors
11 
9,680 
11 
9,731 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Loans from directors
297 
- 
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Fervent Limited Notes to the Accounts for the year ended 31 December 2024
6
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Richard Foster Thorne
Loans interest free with no fixed repayment terms
9,680 
155 
10,132 
(297)
9,680 
155 
10,132 
(297)
7
Transactions with related parties
During the year the company paid dividends to the director totalling £4,200 (2023: £26,000)
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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