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REGISTERED NUMBER: 04182832 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

FOR

SECURITIES RESEARCH ASSOCIATES LTD

SECURITIES RESEARCH ASSOCIATES LTD (REGISTERED NUMBER: 04182832)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SECURITIES RESEARCH ASSOCIATES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: Hon T C Lewin





SECRETARY: Mark Law Registrars Limited





REGISTERED OFFICE: 72a High Street
Battle
East Sussex
TN33 0AG





REGISTERED NUMBER: 04182832 (England and Wales)





ACCOUNTANTS: MVL Business Services
A trading name of Xynamo 5 Limited
6 Red Barn Mews
Battle
East Sussex
TN33 0AG

SECURITIES RESEARCH ASSOCIATES LTD (REGISTERED NUMBER: 04182832)

BALANCE SHEET
31 MARCH 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 452 602
Investments 5 8,821 8,358
9,273 8,960

CURRENT ASSETS
Debtors 6 27,514 41,818
Investments 7 6,864 6,864
Prepayments and accrued income 653 638
Cash at bank and in hand 188,266 60,178
223,297 109,498
CREDITORS
Amounts falling due within one year 8 154,082 18,431
NET CURRENT ASSETS 69,215 91,067
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,488

100,027

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 78,388 99,927
78,488 100,027

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

SECURITIES RESEARCH ASSOCIATES LTD (REGISTERED NUMBER: 04182832)

BALANCE SHEET - continued
31 MARCH 2022


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 19 August 2022 and were signed by:





Hon T C Lewin - Director


SECURITIES RESEARCH ASSOCIATES LTD (REGISTERED NUMBER: 04182832)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

Securities Research Associates Ltd 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.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 has not been recognised in respect of all timing differences that have originated but not reversed at the balance sheet date. The directors do not believe that this is necessary and accept this accounting treatment does not comply with Financial Reporting Standard 102.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2021 - 2 ) .

SECURITIES RESEARCH ASSOCIATES LTD (REGISTERED NUMBER: 04182832)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2021
and 31 March 2022 8,531
DEPRECIATION
At 1 April 2021 7,929
Charge for year 150
At 31 March 2022 8,079
NET BOOK VALUE
At 31 March 2022 452
At 31 March 2021 602

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 April 2021 8,358
Exchange differences 463
At 31 March 2022 8,821
NET BOOK VALUE
At 31 March 2022 8,821
At 31 March 2021 8,358

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 7,200 13,200
Other debtors 4,712 28,618
VAT 15,602 -
27,514 41,818

7. CURRENT ASSET INVESTMENTS
2022 2021
£    £   
Unlisted investments 6,864 6,864

SECURITIES RESEARCH ASSOCIATES LTD (REGISTERED NUMBER: 04182832)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 1,249 913
Tax 703 8,621
Social security and other taxes 150 793
VAT - 4,530
Other creditors 78,173 -
Directors' current accounts 253 157
Accrued expenses 73,554 3,417
154,082 18,431

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2022 and 31 March 2021:

2022 2021
£    £   
Hon T C Lewin
Balance outstanding at start of year (157 ) (467 )
Amounts advanced 52,110 53,830
Amounts repaid (52,205 ) (53,520 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (252 ) (157 )

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £25,000 (2021 - £26,000) were paid to the director .

During the period, the Company traded with Global Vision Advisory Services Limited, which is associated by common directorate.

31.3.22 31.3.21
£ £

Services provided to Global Vision Advisory Services Ltd 36,000 36,000

Services provided by Global Vision Advisory Services Ltd 180,000 107,916

Balance owed by Global Vision Advisory Service Ltd 78,173

11. ULTIMATE CONTROLLING PARTY

The controlling party is Hon T C Lewin.