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REGISTERED NUMBER: 07130206 (England and Wales)














Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Assurity Solutions Ltd

Assurity Solutions Ltd (Registered number: 07130206)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Assurity Solutions Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTORS: M Tumblety
K Tumblety-Brown
Ms M Tumblety-Brown





REGISTERED OFFICE: 5 Chalk Farm Close
Norton Malreward
Bristol
BS39 4HQ





REGISTERED NUMBER: 07130206 (England and Wales)





ACCOUNTANTS: Underwood Lamb Professional Services Ltd
Ground Floor, The Old Barn
Lady Farm
Chelwood
Bristol
BS39 4NN

Assurity Solutions Ltd (Registered number: 07130206)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 57,884 11,179

CURRENT ASSETS
Debtors 5 91,799 248,626
Cash at bank 274,376 211,603
366,175 460,229
CREDITORS
Amounts falling due within one year 6 229,767 334,427
NET CURRENT ASSETS 136,408 125,802
TOTAL ASSETS LESS CURRENT
LIABILITIES

194,292

136,981

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 7 194,291 136,980
SHAREHOLDERS' FUNDS 194,292 136,981

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

The members have not required the company to obtain an audit of its financial statements for the year 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 24 July 2024 and were signed on its behalf by:





M Tumblety - Director


Assurity Solutions Ltd (Registered number: 07130206)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Assurity Solutions 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 2% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% on cost

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 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and Motor Computer
property fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 12,300 4,804 - 3,850 20,954
Additions - - 58,626 - 58,626
At 31 March 2024 12,300 4,804 58,626 3,850 79,580
DEPRECIATION
At 1 April 2023 1,968 4,800 - 3,007 9,775
Charge for year 246 - 11,675 - 11,921
At 31 March 2024 2,214 4,800 11,675 3,007 21,696
NET BOOK VALUE
At 31 March 2024 10,086 4 46,951 843 57,884
At 31 March 2023 10,332 4 - 843 11,179

Assurity Solutions Ltd (Registered number: 07130206)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 1,899 138,830
Other debtors 89,900 109,796
91,799 248,626

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 27,500 37,500
Trade creditors 97,305 161,161
Taxation and social security 9,081 3,880
Other creditors 95,881 131,886
229,767 334,427

7. RESERVES
Retained
earnings
£   

At 1 April 2023 136,980
Profit for the year 57,311
At 31 March 2024 194,291

8. RELATED PARTY DISCLOSURES

During the year the company was charged costs of £82,676 (2023 - £100,376) by Peak Business Strategies Ltd a company in which Mr Tumblety is a director/shareholder. These costs have been passed on at cost to Assurity Solutions Ltd and provision is made in these accounts for the full amount. As at 31.03.24 Assurity Solutions Ltd owed £40,754 (2023 - £15,252) to Peak Business Strategies Ltd.
Assurity Solutions Ltd also provided services to Peak Business Strategies Ltd during the year to the sum of £6,291 (2023 - £5,490). As at 31.03.24 Assurity Solutions Ltd was owed £3,268 (2023 - £2,279) by Peak Business Strategies Ltd.
The two companies also had an intercompany loan arrangement and as at 31.03.24 the company was owed £5,394 (2023 - £28,577) by Peak Business Strategies Ltd.

9. ULTIMATE CONTROLLING PARTY

The controlling party is M Tumblety.