COAST FINANCIAL LIMITED

Company Registration Number:
10759793 (England and Wales)

Unaudited statutory accounts for the year ended 05 April 2023

Period of accounts

Start date: 06 April 2022

End date: 05 April 2023

COAST FINANCIAL LIMITED

Contents of the Financial Statements

for the Period Ended 05 April 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

COAST FINANCIAL LIMITED

Company Information

for the Period Ended 05 April 2023




Director: Martyn Burgess
Registered office: 14
Home Park Avenue
Plymouth
England
PL3 4PG
Company Registration Number: 10759793 (England and Wales)

COAST FINANCIAL LIMITED

Directors' Report Period Ended 05 April 2023

The directors present their report with the financial statements of the company for the period ended 05 April 2023

Principal Activities

Financial Advisers

Directors

The directors shown below have held office during the whole of the period from 06 April 2022 to 05 April 2023
Martyn Burgess

This report was approved by the board of directors on 5 April 2024
And Signed On Behalf Of The Board By:

Name: Martyn Burgess
Status: Director

COAST FINANCIAL LIMITED

Profit and Loss Account

for the Period Ended 05 April 2023


Notes

2023
£

2022
£
Turnover 99,820 98,284
Cost of sales ( 34,261 ) ( 31,875 )
Gross Profit or (Loss) 65,559 66,409
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 37,968 ) ( 36,988 )
Other operating income 0 0
Operating Profit or (Loss) 27,591 29,421
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 27,591 29,421
Tax on Profit ( 5,243 ) ( 5,590 )
Profit or (Loss) for Period 22,348 23,831

The notes form part of these financial statements

COAST FINANCIAL LIMITED

Balance sheet

As at 05 April 2023


Notes

2023
£

2022
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 10,690 9,200
Cash at bank and in hand: 37,455 27,432
Total current assets: 48,145 36,632
Creditors: amounts falling due within one year: 4 ( 19,455 ) ( 29,474 )
Net current assets (liabilities): 28,690 7,158
Total assets less current liabilities: 28,690 7,158
Total net assets (liabilities): 28,690 7,158

The notes form part of these financial statements

COAST FINANCIAL LIMITED

Balance sheet continued

As at 05 April 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 28,590 7,058
Shareholders funds: 28,690 7,158

For the year ending 5 April 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 5 April 2024
And Signed On Behalf Of The Board By:

Name: Martyn Burgess
Status: Director

The notes form part of these financial statements

COAST FINANCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

COAST FINANCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

COAST FINANCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2023

  • 3. Off balance sheet disclosure

    No

COAST FINANCIAL LIMITED

Notes to the Financial Statements

for the Period Ended 05 April 2023

4.Creditors: amounts falling due within one year note


2023
£

2022
£
Bank loans and overdrafts 14,212 18,094
Taxation and social security 5,243 5,590
Other creditors 5,790
Total 19,455 29,474