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Company Registration No. 06690973 (England and Wales)
ALLIED FINANCIAL (W-TON) LTD Unaudited accounts for the year ended 30 September 2023
ALLIED FINANCIAL (W-TON) LTD Unaudited accounts Contents
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ALLIED FINANCIAL (W-TON) LTD Company Information for the year ended 30 September 2023
Director
Giovanni Brunetti
Company Number
06690973 (England and Wales)
Registered Office
11 THURLSTONE DRIVE PENN WOLVERHAMPTON WV4 5QL
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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ALLIED FINANCIAL (W-TON) LTD Statement of financial position as at 30 September 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
41 
Investments
20,000 
- 
20,000 
41 
Current assets
Debtors
- 
233 
Cash at bank and in hand
28,645 
38,717 
28,645 
38,950 
Creditors: amounts falling due within one year
(13,663)
(12,957)
Net current assets
14,982 
25,993 
Net assets
34,982 
26,034 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
34,981 
26,033 
Shareholders' funds
34,982 
26,034 
For the year ending 30 September 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.
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 26 March 2024 and were signed on its behalf by
Giovanni Brunetti Director Company Registration No. 06690973
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ALLIED FINANCIAL (W-TON) LTD Notes to the Accounts for the year ended 30 September 2023
1
Statutory information
ALLIED FINANCIAL (W-TON) LTD is a private company, limited by shares, registered in England and Wales, registration number 06690973. The registered office is 11 THURLSTONE DRIVE, PENN, WOLVERHAMPTON, WV4 5QL.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 October 2022
550 
At 30 September 2023
550 
Depreciation
At 1 October 2022
509 
Charge for the year
41 
At 30 September 2023
550 
Net book value
At 30 September 2023
- 
At 30 September 2022
41 
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ALLIED FINANCIAL (W-TON) LTD Notes to the Accounts for the year ended 30 September 2023
5
Investments
Other investments 
£ 
Valuation at 1 October 2022
- 
Additions
20,000 
Valuation at 30 September 2023
20,000 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
233 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
2,108 
1,323 
Loans from directors
11,196 
10,884 
Accruals
359 
750 
13,663 
12,957 
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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