Registered number
06098342
Fernwood Consulting Limited
Filleted Accounts
31 March 2025
Fernwood Consulting Limited
Registered number: 06098342
Balance Sheet
as at 31 March 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 8,474 10,439
Investments 4 - 83,276
8,474 93,715
Current assets
Debtors 5 - 205
Cash at bank and in hand 64,524 16,599
64,524 16,804
Creditors: amounts falling due within one year 6 (4,928) (391)
Net current assets 59,596 16,413
Total assets less current liabilities 68,070 110,128
Provisions for liabilities (1,610) (1,985)
Net assets 66,460 108,143
Capital and reserves
Called up share capital 100 100
Profit and loss account 66,360 108,043
Shareholders' funds 66,460 108,143
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their 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.
Peter Robert Bemelmans
Director
Approved by the board on 21 August 2025
Fernwood Consulting Limited
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).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Motor vehicles over 5 years
Land and buildings over 10 years
Plant and machinery 25% straight line
Fixtures, fittings, tools and equipment over 5 years
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 April 2024 17,237 9,969 44,860 72,066
Additions - 1,040 - 1,040
At 31 March 2025 17,237 11,009 44,860 73,106
Depreciation
At 1 April 2024 7,122 9,645 44,860 61,627
Charge for the year 1,676 1,329 - 3,005
At 31 March 2025 8,798 10,974 44,860 64,632
Net book value
At 31 March 2025 8,439 35 - 8,474
At 31 March 2024 10,115 324 - 10,439
4 Investments
Other
investments
£
Cost
At 1 April 2024 83,276
Disposals (83,276)
At 31 March 2025 -
5 Debtors 2025 2024
£ £
Other debtors - 205
6 Creditors: amounts falling due within one year 2025 2024
£ £
Bank loans and overdrafts 1,040 24
Taxation and social security costs 363 30
Other creditors 3,525 337
4,928 391
7 Other information
Fernwood Consulting Limited is a private company limited by shares and incorporated in England. Its registered office is:
4 Brooklands Close
Heath Road
Farnham
Surrey
GU9 9BT
Fernwood Consulting Limited 06098342 false 2024-04-01 2025-03-31 2025-03-31 VT Final Accounts April 2025 Peter Robert Bemelmans No description of principal activity 06098342 2023-04-01 2024-03-31 06098342 core:WithinOneYear 2024-03-31 06098342 core:ShareCapital 2024-03-31 06098342 core:RetainedEarningsAccumulatedLosses 2024-03-31 06098342 2024-04-01 2025-03-31 06098342 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06098342 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06098342 bus:Director40 2024-04-01 2025-03-31 06098342 1 2024-04-01 2025-03-31 06098342 2 2024-04-01 2025-03-31 06098342 core:LandBuildings 2024-04-01 2025-03-31 06098342 core:PlantMachinery 2024-04-01 2025-03-31 06098342 core:Vehicles 2024-04-01 2025-03-31 06098342 countries:England 2024-04-01 2025-03-31 06098342 bus:FRS102 2024-04-01 2025-03-31 06098342 bus:FilletedAccounts 2024-04-01 2025-03-31 06098342 2025-03-31 06098342 core:WithinOneYear 2025-03-31 06098342 core:ShareCapital 2025-03-31 06098342 core:RetainedEarningsAccumulatedLosses 2025-03-31 06098342 core:LandBuildings 2025-03-31 06098342 core:PlantMachinery 2025-03-31 06098342 core:Vehicles 2025-03-31 06098342 core:DisposalsRepaymentsInvestments 2025-03-31 06098342 2024-03-31 06098342 core:LandBuildings 2024-03-31 06098342 core:PlantMachinery 2024-03-31 06098342 core:Vehicles 2024-03-31 iso4217:GBP xbrli:pure