Company Registration No. 12307130 (England and Wales)
Active Financial Advisers Ltd
Unaudited accounts
for the year ended 29 February 2024
Active Financial Advisers Ltd
Unaudited accounts
Contents
Active Financial Advisers Ltd
Company Information
for the year ended 29 February 2024
Director
Miss Andrea Hedge
Secretary
Mr William Price
Company Number
12307130 (England and Wales)
Registered Office
32 Monk Street
Abergavenny
Monmouthshire
NP7 5NW
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons)
South Devon Accounting Ltd
6 Orchard Close
Ogwell
Newton Abbot
TQ12 6AL
Active Financial Advisers Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
1,493
1,302
Cash at bank and in hand
22,318
49,785
Creditors: amounts falling due within one year
(22,825)
(63,044)
Net current assets/(liabilities)
5,516
(227)
Called up share capital
2
2
Profit and loss account
7,007
1,073
Shareholders' funds
7,009
1,075
For the year ending 29 February 2024 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 director acknowledges her 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 and authorised for issue on 8 March 2024 and were signed on its behalf by
Miss Andrea Hedge
Director
Company Registration No. 12307130
Active Financial Advisers Ltd
Notes to the Accounts
for the year ended 29 February 2024
Active Financial Advisers Ltd is a private company, limited by shares, registered in England and Wales, registration number 12307130. The registered office is 32 Monk Street, Abergavenny, Monmouthshire, NP7 5NW.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Computer equipment
33.33% Straight Line
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Trade debtors
6,023
13,032
Active Financial Advisers Ltd
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
3,450
1,700
Taxes and social security
9,890
10,964
Loans from directors
6,405
29,600
7
Average number of employees
During the year the average number of employees was 4 (2023: 4).