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REGISTERED NUMBER: 03060357 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

Consolidated Financial Management
Limited

Consolidated Financial Management
Limited (Registered number: 03060357)






Contents of the Financial Statements
for the Year Ended 31 May 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Consolidated Financial Management
Limited

Company Information
for the Year Ended 31 May 2023







DIRECTORS: G P Minkin
Mrs L I Minkin





REGISTERED OFFICE: Centurion Court
83 Camp Road
St Albans
Herts
AL1 5DX





REGISTERED NUMBER: 03060357 (England and Wales)






Consolidated Financial Management
Limited (Registered number: 03060357)

Abridged Balance Sheet
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 378 744
Investments 5 11,676 11,676
12,054 12,420

CURRENT ASSETS
Cash at bank 20,362 30,795

CREDITORS
Amounts falling due within one year 27,930 35,664
NET CURRENT LIABILITIES (7,568 ) (4,869 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,486

7,551

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 4,484 7,549
SHAREHOLDERS' FUNDS 4,486 7,551

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Consolidated Financial Management
Limited (Registered number: 03060357)

Abridged Balance Sheet - continued
31 May 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 November 2023 and were signed on its behalf by:





G P Minkin - Director


Consolidated Financial Management
Limited (Registered number: 03060357)

Notes to the Financial Statements
for the Year Ended 31 May 2023

1. STATUTORY INFORMATION

Consolidated Financial Management 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 represents fees and commissions receivable. Commission is accounted for as it falls due for payment to the company.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 10% on cost
Plant and machinery etc - 33% on cost and 20% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2022
and 31 May 2023 47,760
DEPRECIATION
At 1 June 2022 47,016
Charge for year 366
At 31 May 2023 47,382
NET BOOK VALUE
At 31 May 2023 378
At 31 May 2022 744

Consolidated Financial Management
Limited (Registered number: 03060357)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2023

5. FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:
Totals
£   
COST
At 1 June 2022
and 31 May 2023 11,676
NET BOOK VALUE
At 31 May 2023 11,676
At 31 May 2022 11,676