ENLIGHTEN FINANCIAL SERVICES LIMITED

Company Registration Number:
13241869 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

ENLIGHTEN FINANCIAL SERVICES LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

ENLIGHTEN FINANCIAL SERVICES LIMITED

Company Information

for the Period Ended 31 March 2023




Director: ALAN MALYON
Registered office: 4
Hillside Road
Epsom
England
KT17 3EH
Company Registration Number: 13241869 (England and Wales)

ENLIGHTEN FINANCIAL SERVICES LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£
13 months to
31 Mar 2022
£
Fixed assets
Tangible assets: 4 416 833
Total fixed assets: 416 833
Current assets
Debtors: 2,002 1,739
Cash at bank and in hand: 104,754 48,906
Total current assets: 106,756 50,645
Creditors: amounts falling due within one year: ( 22,941 ) ( 4,116 )
Net current assets (liabilities): 83,815 46,529
Total assets less current liabilities: 84,231 47,362
Provision for liabilities: ( 104 ) ( 158 )
Total net assets (liabilities): 84,127 47,204

The notes form part of these financial statements

ENLIGHTEN FINANCIAL SERVICES LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£
13 months to
31 Mar 2022
£
Capital and reserves
Called up share capital: 40,000 40,000
Profit and loss account: 44,127 7,204
Shareholders funds: 84,127 47,204

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 1 December 2023
And Signed On Behalf Of The Board By:

Name: ALAN MALYON
Status: Director

The notes form part of these financial statements

ENLIGHTEN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.
    Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method. A full year’s depreciation is charged in the year of purchase.
    Depreciation is provided on the following basis:
    Fixtures and fittings - 33% Straight Line
    Office equipment - 33% Straight Line
    The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting
    date.
    Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit and loss account.

ENLIGHTEN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023
    13 months to
    31 Mar 2022
    Average number of employees during the period 1 0

ENLIGHTEN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

ENLIGHTEN FINANCIAL SERVICES LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 1,250
Additions -
Disposals -
Revaluations -
Transfers -
At 31 March 2023 1,250
Depreciation
At 01 April 2022 417
Charge for year 417
On disposals -
Other adjustments -
At 31 March 2023 834
Net book value
At 31 March 2023 416
At 31 March 2022 833