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REGISTERED NUMBER: 14540904 (England and Wales)















Report of the Director and

Unaudited Financial Statements for the Period 14 December 2022 to 31 March 2023

for

FLOYD STEWART & ASSOCIATES LTD

FLOYD STEWART & ASSOCIATES LTD (Registered number: 14540904)






Contents of the Financial Statements
for the Period 14 December 2022 to 31 March 2023




Page

Company Information 1

Report of the Director 2

Statement of Income and Retained Earnings 3

Balance Sheet 4

Notes to the Financial Statements 5


FLOYD STEWART & ASSOCIATES LTD

Company Information
for the Period 14 December 2022 to 31 March 2023







DIRECTOR: F STEWART





SECRETARY:





REGISTERED OFFICE: STAFFORDSHIRE KNOT
PINFOLD STREET
WEDNESBURY
WS10 8TE





REGISTERED NUMBER: 14540904 (England and Wales)





ACCOUNTANTS: MERLIN ACCOUNTANCY & PAYROLE SERVICES LTD
STAFFORDSHIRE KNOT
PINFOLD STREET
WEDNESBURY
WS10 8TE

FLOYD STEWART & ASSOCIATES LTD (Registered number: 14540904)

Report of the Director
for the Period 14 December 2022 to 31 March 2023

The director presents his report with the financial statements of the company for the period 14 December 2022 to 31 March 2023.

INCORPORATION
The company was incorporated on 14 December 2022 and commenced trading on the same date.

DIRECTOR
F STEWART was appointed as a director on 4 January 2023 and held office during the whole of the period from then to the date of this report.

The director, being eligible, offers himself for election at the forthcoming first Annual General Meeting.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





F STEWART - Director


1 May 2023

FLOYD STEWART & ASSOCIATES LTD (Registered number: 14540904)

Statement of Income and Retained Earnings
for the Period 14 December 2022 to 31 March 2023

£   

TURNOVER 39,123

Cost of sales 1,980
GROSS PROFIT 37,143

Administrative expenses 37,078
OPERATING PROFIT and
PROFIT BEFORE TAXATION 65

Tax on profit 12
PROFIT FOR THE FINANCIAL PERIOD 53

RETAINED EARNINGS AT END OF PERIOD 53

FLOYD STEWART & ASSOCIATES LTD (Registered number: 14540904)

Balance Sheet
31 March 2023

Notes £   
CURRENT ASSETS
Cash at bank and in hand 1,526

CREDITORS
Amounts falling due within one year 4 1,472
NET CURRENT ASSETS 54
TOTAL ASSETS LESS CURRENT LIABILITIES 54

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 53
SHAREHOLDERS' FUNDS 54

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 1 May 2023 and were signed by:





F STEWART - Director


FLOYD STEWART & ASSOCIATES LTD (Registered number: 14540904)

Notes to the Financial Statements
for the Period 14 December 2022 to 31 March 2023

1. STATUTORY INFORMATION

FLOYD STEWART & ASSOCIATES LTD 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.

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.

Taxation
Taxation for the period 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 .

4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 1
Tax 12
Directors' current accounts 499
Accrued expenses 960
1,472