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REGISTERED NUMBER: 10481762 (England and Wales)















Unaudited Financial Statements

for the Period 31 March 2024 to 31 March 2024

for

MSC Financial Planners Ltd

MSC Financial Planners Ltd (Registered number: 10481762)






Contents of the Financial Statements
for the Period 31 March 2024 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


MSC Financial Planners Ltd

Company Information
for the Period 31 March 2024 to 31 March 2024







DIRECTORS: S Houseman
M J Singleton





REGISTERED OFFICE: 19 Warren Park Way
Enderby
Leicester
LE19 4SA





REGISTERED NUMBER: 10481762 (England and Wales)





ACCOUNTANTS: Carter & Co
19 Warren Park Way
Enderby
Leicester
LE19 4SA

MSC Financial Planners Ltd (Registered number: 10481762)

Balance Sheet
31 March 2024

31.3.24 30.3.24
Notes £    £   
CURRENT ASSETS
Debtors 4 23,010 23,010
Cash at bank 72,841 72,841
95,851 95,851
CREDITORS
Amounts falling due within one year 5 91,751 91,751
NET CURRENT ASSETS 4,100 4,100
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,100

4,100

CAPITAL AND RESERVES
Called up share capital 6 4,100 4,100
SHAREHOLDERS' FUNDS 4,100 4,100

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 April 2024 and were signed on its behalf by:




S Houseman - Director



M J Singleton - Director


MSC Financial Planners Ltd (Registered number: 10481762)

Notes to the Financial Statements
for the Period 31 March 2024 to 31 March 2024

1. STATUTORY INFORMATION

MSC Financial Planners 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 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.

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 period was 2 (2024 - NIL ) .

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 30.3.24
£    £   
Trade debtors 21,243 21,243
Other debtors 1,767 1,767
23,010 23,010

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 30.3.24
£    £   
Trade creditors 70,945 71,431
Other creditors 9,950 9,950
Directors' current accounts 9,950 9,950
Accrued expenses 906 420
91,751 91,751

MSC Financial Planners Ltd (Registered number: 10481762)

Notes to the Financial Statements - continued
for the Period 31 March 2024 to 31 March 2024

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 30.3.24
value: £    £   
4,100 Ordinary 1 4,100 4,100

7. RELATED PARTY DISCLOSURES

Iron Giant Financial Ltd, a company owned by M Singleton, has loaned the company £9,950, £8,000 to meet the FCA capital requirements.

Iron Giant Financial Ltd, a company owned by M Singleton, is owed £9,950 (2023 - £1,950) which is repayable on demand.

At the year end S Houseman was owed £9,950 (2023 - £1,950).