Registered number
11482551
The Foundry Consultancy Ltd
Filleted Accounts
31 March 2025
The Foundry Consultancy Ltd
Registered number: 11482551
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Current assets
Debtors 3 567 3,098
Cash at bank and in hand 415 404
982 3,502
Creditors: amounts falling due within one year 4 (4,893) (3,918)
Net current liabilities (3,911) (416)
Total assets less current liabilities (3,911) (416)
Creditors: amounts falling due after more than one year 5 (11,911) (14,042)
Net liabilities (15,822) (14,458)
Capital and reserves
Called up share capital 100 100
Profit and loss account (15,922) (14,558)
Shareholder's funds (15,822) (14,458)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr D F R Morgan
Director
Approved by the board on 19 June 2025
The Foundry Consultancy Ltd
Notes to the Accounts
for the year ended 31 March 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2025 2024
£ £
Other debtors 567 3,098
4 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 2,859 2,718
Other creditors 2,034 1,200
4,893 3,918
5 Creditors: amounts falling due after one year 2025 2024
£ £
Bank loans 11,911 14,042
6 Loans 2025 2024
£ £
Creditors include:
Instalments falling due for payment after more than five years 476 3,171
7 Other information
The Foundry Consultancy Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Demar House, 14 Church Road
East Wittering
Chichester
West Sussex
PO20 8PS
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