Company Registration No. 06690973 (England and Wales)
ALLIED FINANCIAL (W-TON) LTD
Unaudited accounts
for the year ended 30 September 2023
ALLIED FINANCIAL (W-TON) LTD
Unaudited accounts
Contents
ALLIED FINANCIAL (W-TON) LTD
Company Information
for the year ended 30 September 2023
Director
Giovanni Brunetti
Company Number
06690973 (England and Wales)
Registered Office
11 THURLSTONE DRIVE
PENN
WOLVERHAMPTON
WV4 5QL
Accountants
Taxez
5 South Charlotte Street
Edinburgh
EH2 4AN
ALLIED FINANCIAL (W-TON) LTD
Statement of financial position
as at 30 September 2023
Cash at bank and in hand
28,645
38,717
Creditors: amounts falling due within one year
(13,663)
(12,957)
Net current assets
14,982
25,993
Called up share capital
1
1
Profit and loss account
34,981
26,033
Shareholders' funds
34,982
26,034
For the year ending 30 September 2023 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 his 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 26 March 2024 and were signed on its behalf by
Giovanni Brunetti
Director
Company Registration No. 06690973
ALLIED FINANCIAL (W-TON) LTD
Notes to the Accounts
for the year ended 30 September 2023
ALLIED FINANCIAL (W-TON) LTD is a private company, limited by shares, registered in England and Wales, registration number 06690973. The registered office is 11 THURLSTONE DRIVE, PENN, WOLVERHAMPTON, WV4 5QL.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Computer equipment
ALLIED FINANCIAL (W-TON) LTD
Notes to the Accounts
for the year ended 30 September 2023
5
Investments
Other investments
Valuation at 1 October 2022
-
Valuation at 30 September 2023
20,000
Amounts falling due within one year
Accrued income and prepayments
-
233
7
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
2,108
1,323
Loans from directors
11,196
10,884
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).