FOULIS CONSULTING LTD

FOULIS CONSULTING LTD
Contents Page
For the year ended 31 May 2026

Statement of Financial Position	1
Notes to the Financial Statements	2

FOULIS CONSULTING LTD
Statement of Financial Position
As at 31 May 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	71,980	72,640
		71,980	72,640
Current assets
Debtors		419,360	326,362
Cash at bank and in hand		51,235	70,613
		470,595	396,975
Creditors: amount falling due within one year		(42,890)	(65,419)
Net current assets		427,705	331,556

Total assets less current liabilities		499,685	404,196
Net assets		499,685	404,196

Capital and reserves
Called up share capital		100	100
Profit and loss account		499,585	404,096
Shareholders' funds		499,685	404,196

For the year ended 31 May 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 17 July 2026 and were signed by:

-------------------------------
Kevin MUNRO
Director

1

FOULIS CONSULTING LTD
Notes to the Abridged Financial Statements
For the year ended 31 May 2026

General Information

FOULIS CONSULTING LTD is a private company, limited by shares, registered in Scotland, registration number SC598213, registration address 94 HOPE STREET, SUITE 2.11 GLASGOW, G2 6PH.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Fixtures and Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

2.	Average number of employees Average number of employees during the year was 1 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Land and Buildings25%	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£
At 01 June 2025	70,000	8,198	3,366	81,564
Additions	-	-	-	-
Disposals	-	-	-	-
At 31 May 2026	70,000	8,198	3,366	81,564
Depreciation
At 01 June 2025	-	6,175	2,749	8,924
Charge for year	-	506	154	660
On disposals	-	-	-	-
At 31 May 2026	-	6,681	2,903	9,584
Net book values
Closing balance as at 31 May 2026	70,000	1,517	463	71,980
Opening balance as at 01 June 2025	70,000	2,023	617	72,640

2

Registered Number: SC598213
Scotland
FOULIS CONSULTING LTD

Abridged Accounts

Period of accounts Start date: 01 June 2025 End date: 31 May 2026