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Company Registration No. 11178315 (England and Wales)
Compare and Choose Ltd Unaudited accounts for the year ended 31 December 2023
Compare and Choose Ltd Unaudited accounts Contents
Page
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Compare and Choose Ltd Company Information for the year ended 31 December 2023
Director
A Lynch
Company Number
11178315 (England and Wales)
Registered Office
AIDEN HOUSE SUNDERLAND ROAD GATESHEAD NE8 3HU ENGLAND
Accountants
LP Accountants Ltd Unit E Colima Avenue Sunderland Tyne & Wear SR5 3XB
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Compare and Choose Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
102 
Current assets
Debtors
1,956 
4,293 
Cash at bank and in hand
88 
986 
2,044 
5,279 
Creditors: amounts falling due within one year
(3,824)
(667)
Net current (liabilities)/assets
(1,780)
4,612 
Total assets less current liabilities
(1,780)
4,714 
Creditors: amounts falling due after more than one year
(11,881)
(12,490)
Net liabilities
(13,661)
(7,776)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(13,761)
(7,876)
Shareholders' funds
(13,661)
(7,776)
For the year ending 31 December 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.
The members have agreed to the preparation of abridged accounts for the year 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 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 15 April 2024 and were signed on its behalf by
A Lynch Director Company Registration No. 11178315
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Compare and Choose Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Compare and Choose Ltd is a private company, limited by shares, registered in England and Wales, registration number 11178315. The registered office is AIDEN HOUSE, SUNDERLAND ROAD, GATESHEAD, NE8 3HU, ENGLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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% straight line
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2023
399 
At 31 December 2023
399 
Depreciation
At 1 January 2023
297 
Charge for the year
102 
At 31 December 2023
399 
Net book value
At 31 December 2023
- 
At 31 December 2022
102 
5
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
A Lynch
Director's Loan Account
2,336 
5,538 
11,079 
(3,205)
2,336 
5,538 
11,079 
(3,205)
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Compare and Choose Ltd Notes to the Accounts for the year ended 31 December 2023
6
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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