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Company Registration No. 7905611 (England and Wales)
Finance Transformation Success Ltd Unaudited accounts for the year ended 31 January 2023
Finance Transformation Success Ltd Unaudited accounts Contents
Page
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Finance Transformation Success Ltd Company Information for the year ended 31 January 2023
Director
Brian Philip Birch
Company Number
7905611 (England and Wales)
Registered Office
71-75 Shelton Street, London WC2H 9JQ
Accountants
GYB Direct LTD 35 Norwich Street Fakenham Norfolk NR21 9AF
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Finance Transformation Success Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
737 
1,062 
Current assets
Debtors
(7,077)
- 
Cash at bank and in hand
90,215 
97,240 
83,138 
97,240 
Creditors: amounts falling due within one year
(30,277)
(32,229)
Net current assets
52,861 
65,011 
Net assets
53,598 
66,073 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
53,498 
65,973 
Shareholders' funds
53,598 
66,073 
For the year ending 31 January 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 September 2023 and were signed on its behalf by
Brian Philip Birch Director Company Registration No. 7905611
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Finance Transformation Success Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Finance Transformation Success Ltd is a private company, limited by shares, registered in England and Wales, registration number 7905611. The registered office is 71-75 Shelton Street,, London, WC2H 9JQ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
3 Years Straight Line Method
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 February 2022
1,627 
At 31 January 2023
1,627 
Depreciation
At 1 February 2022
565 
Charge for the year
325 
At 31 January 2023
890 
Net book value
At 31 January 2023
737 
At 31 January 2022
1,062 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
(7,077)
- 
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Finance Transformation Success Ltd Notes to the Accounts for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
6,229 
Taxes and social security
28,081 
26,000 
Other creditors
2,196 
- 
30,277 
32,229 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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