IRIS Accounts Production v23.3.0.418 07544490 Board of Directors 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh075444902022-12-31075444902023-12-31075444902023-01-012023-12-31075444902021-12-31075444902022-01-012022-12-31075444902022-12-3107544490ns10:Originalns15:EnglandWales2023-01-012023-12-3107544490ns14:PoundSterlingns10:Original2023-01-012023-12-3107544490ns10:Originalns10:Director12023-01-012023-12-3107544490ns10:Original2023-01-012023-12-3107544490ns10:Original2023-12-3107544490ns10:Originalns10:PrivateLimitedCompanyLtd2023-01-012023-12-3107544490ns10:Originalns10:SmallEntities2023-01-012023-12-3107544490ns10:Originalns10:AuditExemptWithAccountantsReport2023-01-012023-12-3107544490ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3107544490ns10:SmallCompaniesRegimeForAccountsns10:Original2023-01-012023-12-3107544490ns10:Originalns10:FullAccounts2023-01-012023-12-3107544490ns10:Originalns10:Director22023-01-012023-12-3107544490ns10:Originalns10:RegisteredOffice2023-01-012023-12-3107544490ns10:Original2022-12-3107544490ns10:Originalns5:CurrentFinancialInstruments2023-12-3107544490ns10:Originalns5:CurrentFinancialInstruments2022-12-3107544490ns10:Originalns5:Non-currentFinancialInstruments2023-12-3107544490ns10:Originalns5:Non-currentFinancialInstruments2022-12-3107544490ns5:ShareCapitalns10:Original2023-12-3107544490ns5:ShareCapitalns10:Original2022-12-3107544490ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-12-3107544490ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3107544490ns10:Originalns5:ComputerEquipment2023-01-012023-12-3107544490ns10:Original2022-01-012022-12-3107544490ns10:Originalns5:PlantMachinery2023-01-012023-12-3107544490ns10:Originalns5:PlantMachinery2023-12-3107544490ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3107544490ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3107544490ns10:Original1ns10:Director12022-12-3107544490ns10:Original1ns10:Director12021-12-3107544490ns10:Original1ns10:Director12023-01-012023-12-3107544490ns10:Original1ns10:Director12022-01-012022-12-3107544490ns10:Original1ns10:Director12023-12-3107544490ns10:Original1ns10:Director12022-12-31
REGISTERED NUMBER: 07544490 (England and Wales)
















Financial Statements

for the Year Ended 31 December 2023

for

Four Shires Financial Solutions Limited

Four Shires Financial Solutions Limited (Registered number: 07544490)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


Four Shires Financial Solutions Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: B T Pitts
Mrs V A Pitts





REGISTERED OFFICE: 701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT





REGISTERED NUMBER: 07544490 (England and Wales)





ACCOUNTANTS: GCSD Accountants Limited
701 Stonehouse Park
Sperry Way
Stonehouse
Gloucestershire
GL10 3UT

Four Shires Financial Solutions Limited

Report of the Accountants to the Directors of
Four Shires Financial Solutions Limited


The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements and the related notes from the company's accounting records and from information and explanations you have given us.

This report is made solely to the Board of Directors as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements and state those matters that we have agreed to state to the Board of Directors, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that the Company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit. You consider that the Company is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of the Company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






GCSD Accountants Limited


7 February 2024

Four Shires Financial Solutions Limited (Registered number: 07544490)

Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 319 -

CURRENT ASSETS
Debtors 5 5,801 4,438
Cash at bank 13,092 17,242
18,893 21,680
CREDITORS
Amounts falling due within one year 6 14,450 14,122
NET CURRENT ASSETS 4,443 7,558
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,762

7,558

CREDITORS
Amounts falling due after more than
one year

7

(4,458

)

(7,264

)

PROVISIONS FOR LIABILITIES (61 ) -
NET ASSETS 243 294

Four Shires Financial Solutions Limited (Registered number: 07544490)

Balance Sheet - continued
31 December 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 43 94
SHAREHOLDERS' FUNDS 243 294

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 7 February 2024 and were signed on its behalf by:





B T Pitts - Director


Four Shires Financial Solutions Limited (Registered number: 07544490)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Four Shires Financial Solutions 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.

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.
Computer equipment - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 425
At 31 December 2023 425
DEPRECIATION
Charge for year 106
At 31 December 2023 106
NET BOOK VALUE
At 31 December 2023 319

Four Shires Financial Solutions Limited (Registered number: 07544490)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 5,035 3,090
Other debtors 766 1,348
5,801 4,438

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 2,806 2,800
Taxation and social security 11,244 10,922
Other creditors 400 400
14,450 14,122

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 4,458 7,264

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£    £   
B T Pitts
Balance outstanding at start of year 1,348 (2,636 )
Amounts advanced 73,525 78,586
Amounts repaid (74,107 ) (74,602 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 766 1,348

The overdrawn loan account has been repaid in full.