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REGISTERED NUMBER: 05711438 (England and Wales)
























ACCOUNTS SOLUTIONS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023






ACCOUNTS SOLUTIONS LIMITED (REGISTERED NUMBER: 05711438)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ACCOUNTS SOLUTIONS LIMITED

COMPANY INFORMATION
for the Year Ended 31 MARCH 2023







DIRECTOR: R E Hopson





SECRETARY: N J Churcher





REGISTERED OFFICE: 104 Stanley Road
Earlsdon
Coventry
CV5 6FF





REGISTERED NUMBER: 05711438 (England and Wales)





ACCOUNTANTS: Accounts Solutions Limited
104 Stanley Road
Earlsdon
Coventry
CV5 6FF

ACCOUNTS SOLUTIONS LIMITED (REGISTERED NUMBER: 05711438)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 35,011 24,242
35,011 24,242

CURRENT ASSETS
Debtors 6 36,641 36,539
Cash at bank and in hand 63,790 48,537
100,431 85,076
CREDITORS
Amounts falling due within one year 7 56,074 46,283
NET CURRENT ASSETS 44,357 38,793
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,368

63,035

CREDITORS
Amounts falling due after more than one
year

8

(27,418

)

(22,038

)

PROVISIONS FOR LIABILITIES (6,652 ) (4,606 )
NET ASSETS 45,298 36,391

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 45,297 36,390
SHAREHOLDERS' FUNDS 45,298 36,391

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 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.

ACCOUNTS SOLUTIONS LIMITED (REGISTERED NUMBER: 05711438)

BALANCE SHEET - continued
31 MARCH 2023


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 8 November 2023 and were signed by:





R E Hopson - Director


ACCOUNTS SOLUTIONS LIMITED (REGISTERED NUMBER: 05711438)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 MARCH 2023


1. STATUTORY INFORMATION

Accounts Solutions 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.

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 2006, is being amortised evenly over its estimated useful life of ten 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.
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 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.

ACCOUNTS SOLUTIONS LIMITED (REGISTERED NUMBER: 05711438)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 59,901
AMORTISATION
At 1 April 2022
and 31 March 2023 59,901
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 41,692
Additions 44,657
Disposals (29,625 )
At 31 March 2023 56,724
DEPRECIATION
At 1 April 2022 17,450
Charge for year 11,669
Eliminated on disposal (7,406 )
At 31 March 2023 21,713
NET BOOK VALUE
At 31 March 2023 35,011
At 31 March 2022 24,242

ACCOUNTS SOLUTIONS LIMITED (REGISTERED NUMBER: 05711438)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 MARCH 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 31,641 36,539
Other debtors 5,000 -
36,641 36,539

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts - 1,016
Trade creditors 973 3,255
Taxation and social security 14,198 12,987
Other creditors 40,903 29,025
56,074 46,283

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Other creditors 27,418 22,038