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Registration number: 08389343

123 Financial Services Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 28 February 2023

 

123 Financial Services Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

123 Financial Services Limited

Company Information

Director

A. Calabrese

Registered office

Westwood House
78 Loughborough Road
Quorn
Loughborough
Leicestershire
LE12 8DX

Accountants

Robert Whowell & Partners LLP
Chartered Accountants
Westwood House
78 Loughborough Road
Quorn
Loughborough
Leicestershire
LE12 8DX

 

123 Financial Services Limited

(Registration number: 08389343)
Balance Sheet as at 28 February 2023

2023
£

2022
£

Fixed assets

14,718

17,885

Current assets

86,996

112,781

Creditors: Amounts falling due within one year

(9,555)

(13,996)

Net current assets

77,441

98,785

Total assets less current liabilities

92,159

116,670

Accruals and deferred income

(1,560)

(1,560)

 

90,599

115,110

Capital and reserves

90,599

115,110

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Westwood House
78 Loughborough Road
Quorn
Loughborough
Leicestershire
LE12 8DX

These financial statements were authorised for issue by the director on 6 November 2023.

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2022 - 2).

 

123 Financial Services Limited

(Registration number: 08389343)
Balance Sheet as at 28 February 2023

3

Related party transactions

Transactions with the director

2023

At 1 March 2022
£

Advances to director
£

Repayments by director
£

At 28 February 2023
£

A. Calabrese

Director's loan account

14,743

54,473

(69,225)

(9)

         
       

 

2022

At 1 March 2021
£

Advances to director
£

Repayments by director
£

At 28 February 2022
£

A. Calabrese

Director's loan account

16,687

50,200

(52,144)

14,743

         
       

 

For the financial year ending 28 February 2023 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; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 6 November 2023
 

.........................................
A. Calabrese
Director