REGISTERED NUMBER: 06812914 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 August 2025

for

Favell Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs A T Favell

REGISTERED OFFICE:

Top Floor

10 The Broadway

Leigh-On-Sea

Essex

SS9 1AW

REGISTERED NUMBER:

06812914 (England and Wales)

ACCOUNTANTS:

Vortex Accountants Limited

Top Floor

10 The Broadway

Leigh On Sea

Essex

SS9 1AW

FIXED ASSETS

Intangible assets

4

53,994

84,203

Tangible assets

5

85,806

523,315

Investment property

6

432,175

-

571,975

607,518

CURRENT ASSETS

Stocks

7

2,000

6,659

Debtors

8

3,031

14,262

Cash at bank and in hand

35,476

388,943

40,507

409,864

CREDITORS

Amounts falling due within one year

9

90,425

400,508

NET CURRENT (LIABILITIES)/ASSETS

(49,918

)

9,356

TOTAL ASSETS LESS CURRENT LIABILITIES

522,057

616,874

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

522,056

616,873

522,057

616,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 28 May 2026 and were signed by:

Mrs A T Favell - Director

1.	STATUTORY INFORMATION

Favell Consulting Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

2% on cost

Improvements to property

-

Straight line over 15 years

Fixtures and fittings

-

25% on cost

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 27 (2024 - 27 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

151,045

AMORTISATION

At 1 September 2024

66,842

Amortisation for year

30,209

At 31 August 2025

97,051

NET BOOK VALUE

At 31 August 2025

53,994

At 31 August 2024

84,203

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

property

property

fittings

Totals

£

£

£

£

COST

At 1 September 2024

432,175

74,614

36,731

543,520

Additions

-

7,762

-

7,762

Reclassification/transfer

(432,175

)

-

-

(432,175

)

At 31 August 2025

-

82,376

36,731

119,107

DEPRECIATION

At 1 September 2024

1,569

4,530

14,106

20,205

Charge for year

-

5,937

8,728

14,665

Charge written back

(1,569

)

-

-

(1,569

)

At 31 August 2025

-

10,467

22,834

33,301

NET BOOK VALUE

At 31 August 2025

-

71,909

13,897

85,806

At 31 August 2024

430,606

70,084

22,625

523,315

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

Reclassification/transfer

432,175

At 31 August 2025

432,175

NET BOOK VALUE

At 31 August 2025

432,175

7.

STOCKS

2025

2024

£

£

Stocks

2,000

6,659

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,031

9,780

Prepayments and accrued income

-

4,482

3,031

14,262

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

17,217

42,301

Social security and other taxes

1,980

7,838

VAT

7,573

14,743

Directors' current accounts

60,155

330,861

Accruals and deferred income

3,500

4,765

90,425

400,508