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REGISTERED NUMBER: 08194139 (England and Wales)















Maltby Financial Services Limited

Unaudited Financial Statements

for the Year Ended 30 September 2023






Maltby Financial Services Limited (Registered number: 08194139)






Contents of the Financial Statements
for the year ended 30 September 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Maltby Financial Services Limited

Company Information
for the year ended 30 September 2023







DIRECTORS: A Crook
DL Crook





REGISTERED OFFICE: 34 Merefield
Chorley
Lancashire
PR7 1UR





REGISTERED NUMBER: 08194139 (England and Wales)





ACCOUNTANTS: McMillan & Co LLP
Chartered Accountants
28 Eaton Avenue
Matrix Office Park
Buckshaw Village
Chorley
Lancashire
PR7 7NA

Maltby Financial Services Limited (Registered number: 08194139)

Balance Sheet
30 September 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 610 813

CURRENT ASSETS
Debtors 5 3,496 10,758
Cash at bank 21,117 22,459
24,613 33,217
CREDITORS
Amounts falling due within one year 6 10,922 22,140
NET CURRENT ASSETS 13,691 11,077
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,301

11,890

CREDITORS
Amounts falling due after more than one
year

7

(7,000

)

(11,000

)

PROVISIONS FOR LIABILITIES 8 (116 ) (155 )
NET ASSETS 7,185 735

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 7,183 733
SHAREHOLDERS' FUNDS 7,185 735

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

Maltby Financial Services Limited (Registered number: 08194139)

Balance Sheet - continued
30 September 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 February 2024 and were signed on its behalf by:





A Crook - Director


Maltby Financial Services Limited (Registered number: 08194139)

Notes to the Financial Statements
for the year ended 30 September 2023

1. STATUTORY INFORMATION

Maltby Financial Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


The amounts in the financial statements have been rounded to the nearest £1.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance

Financial instruments
Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument. Basic financial assets, which include debtors, prepayments and bank balances, are initially measured at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the asset is measured at the present value of the future receipts discounted at a market rate of interest. Basic financial liabilities, which include creditors, accruals, bank loans and group borrowings, are initially recognised at transaction price and are subsequently carried at cost unless the arrangement indicates otherwise and then the liability is measured at the present value of the future obligations discounted at a market rate of interest.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Maltby Financial Services Limited (Registered number: 08194139)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£
COST
At 1 October 2022
and 30 September 2023 4,179
DEPRECIATION
At 1 October 2022 3,366
Charge for year 203
At 30 September 2023 3,569
NET BOOK VALUE
At 30 September 2023 610
At 30 September 2022 813

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Other debtors 3,496 4,188
Directors' current accounts - 6,570
3,496 10,758

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 4,000 4,000
Taxation and social security 5,520 16,906
Other creditors 1,402 1,234
10,922 22,140

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£ £
Bank loans 7,000 11,000

8. PROVISIONS FOR LIABILITIES
2023 2022
£ £
Deferred tax
Accelerated capital allowances 116 155

Maltby Financial Services Limited (Registered number: 08194139)

Notes to the Financial Statements - continued
for the year ended 30 September 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred tax
£
Balance at 1 October 2022 155
Credit to Statement of Income and Retained Earnings during year (39 )
Balance at 30 September 2023 116

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1 Ordinary A £1 1 1
1 Ordinary B £1 1 1
2 2

10. RELATED PARTY DISCLOSURES

In the opinion of the directors the company is controlled by Mr A Crook and Mrs DL Crook by virtue of their shareholdings.