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REGISTERED NUMBER: 01239851 (England and Wales)
















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Anglian Finance Company Limited

Anglian Finance Company Limited (Registered number: 01239851)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


Anglian Finance Company Limited

Company Information
for the Year Ended 30 June 2023







DIRECTORS: L J Sieff
Mrs J Sieff





REGISTERED OFFICE: Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB





REGISTERED NUMBER: 01239851 (England and Wales)





ACCOUNTANTS: Chandler and Partners Limited
5 Moor Street
Worcester
Worcestershire
WR1 3DB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Anglian Finance Company 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 of Anglian Finance Company Limited for the year ended 30 June 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Anglian Finance Company Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Anglian Finance Company Limited and state those matters that we have agreed to state to the Board of Directors of Anglian Finance Company Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Anglian Finance Company Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Anglian Finance Company Limited 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 of Anglian Finance Company Limited. You consider that Anglian Finance Company Limited 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 Anglian Finance Company Limited. 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.






Chandler and Partners Limited
5 Moor Street
Worcester
Worcestershire
WR1 3DB


Date: .............................................

Anglian Finance Company Limited (Registered number: 01239851)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 4,491 3,600

CURRENT ASSETS
Debtors 5 2,282,484 2,274,164
Cash at bank 33,503 35,891
2,315,987 2,310,055
CREDITORS
Amounts falling due within one year 6 (57,126 ) (83,344 )
NET CURRENT ASSETS 2,258,861 2,226,711
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,263,352

2,230,311

CREDITORS
Amounts falling due after more than one
year

7

(2,038,461

)

(2,038,461

)
NET ASSETS 224,891 191,850

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 224,791 191,750
224,891 191,850

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Anglian Finance Company Limited (Registered number: 01239851)

Balance Sheet - continued
30 June 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 March 2024 and were signed on its behalf by:





L J Sieff - Director


Anglian Finance Company Limited (Registered number: 01239851)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Anglian Finance Company 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

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

Anglian Finance Company Limited (Registered number: 01239851)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022 4,020 7,682 11,702
Additions 809 1,692 2,501
At 30 June 2023 4,829 9,374 14,203
DEPRECIATION
At 1 July 2022 3,483 4,619 8,102
Charge for year 320 1,290 1,610
At 30 June 2023 3,803 5,909 9,712
NET BOOK VALUE
At 30 June 2023 1,026 3,465 4,491
At 30 June 2022 537 3,063 3,600

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 2,278,484 2,274,164
Prepayments 4,000 -
2,282,484 2,274,164

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Tax 7,870 9,292
Other creditors 2,580 3,819
Director current account 25,008 49,008
Accruals and deferred income 21,668 21,225
57,126 83,344

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Other creditors 2,038,461 2,038,461

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

As at 30/06/2023 there was a loan balance of £25,008 owing from the Director to the Company. The loan is repayable within 9 months of the year end and interest has not been charged.

9. RELATED PARTY DISCLOSURES

Debtors represent amounts owed to companies in which the directors have material interests.

Anglian Finance Company Limited (Registered number: 01239851)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

10. ULTIMATE CONTROLLING PARTY

The controlling party is L J Sieff.