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Company Registration No. 10264329 (England and Wales)
Hope Financial Planning Solutions Ltd Unaudited accounts for the year ended 31 July 2023
Hope Financial Planning Solutions Ltd Unaudited accounts Contents
Page
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Hope Financial Planning Solutions Ltd Company Information for the year ended 31 July 2023
Directors
N R Hope A G Hope
Company Number
10264329 (England and Wales)
Registered Office
123 Cross Lane East Gravesend Kent DA12 5HA
Accountants
Clayton Stirling 123 Cross Lane East Gravesend Kent DA12 5HA
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Hope Financial Planning Solutions Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
493 
746 
Current assets
Debtors
1,334 
- 
Cash at bank and in hand
51,295 
76,493 
52,629 
76,493 
Creditors: amounts falling due within one year
(3,180)
(19,316)
Net current assets
49,449 
57,177 
Net assets
49,942 
57,923 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
49,842 
57,823 
Shareholders' funds
49,942 
57,923 
For the year ending 31 July 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 directors acknowledge their 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 of Directors and authorised for issue on 27 October 2023 and were signed on its behalf by
N R Hope Director Company Registration No. 10264329
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Hope Financial Planning Solutions Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
Hope Financial Planning Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 10264329. The registered office is 123 Cross Lane East, Gravesend, Kent, DA12 5HA.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 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 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:
Fixtures & fittings
20% straight line
Computer equipment
25% straight line
Pension costs
Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2022
1,699 
678 
2,377 
Additions
- 
190 
190 
At 31 July 2023
1,699 
868 
2,567 
Depreciation
At 1 August 2022
1,020 
611 
1,631 
Charge for the year
340 
103 
443 
At 31 July 2023
1,360 
714 
2,074 
Net book value
At 31 July 2023
339 
154 
493 
At 31 July 2022
679 
67 
746 
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Hope Financial Planning Solutions Ltd Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
1,334 
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
45 
6,198 
Loans from directors
1,858 
11,943 
Accruals
1,277 
1,175 
3,180 
19,316 
7
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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