Company Registration No. 12267094 (England and Wales)
Definitive Accountancy Limited
Unaudited accounts
for the year ended 31 October 2023
Definitive Accountancy Limited
Unaudited accounts
Contents
Definitive Accountancy Limited
Company Information
for the year ended 31 October 2023
Company Number
12267094 (England and Wales)
Registered Office
129 Edward Road
Balsall Heath
Birmingham
West Midlands
B12 9JQ
United Kingdom
Accountants
Definitive Accountancy Limited
129 Edward Road
Birmingham
West Midlands
B12 9JQ
Definitive Accountancy Limited
Accountants' report
Accountants' report to the director of Definitive Accountancy Limited on the preparation of the unaudited statutory accounts for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Definitive Accountancy Limited for the year ended
31 October 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Definitive Accountancy Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Definitive Accountancy Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Definitive Accountancy Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Definitive Accountancy Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Definitive Accountancy Limited. You consider that Definitive Accountancy 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 accounts of Definitive Accountancy 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 accounts.
Definitive Accountancy Limited
129 Edward Road
Birmingham
West Midlands
B12 9JQ
31 January 2024
Definitive Accountancy Limited
Statement of financial position
as at 31 October 2023
Cash at bank and in hand
6,830
5,688
Creditors: amounts falling due within one year
(21,989)
(8,186)
Net current assets
8,048
9,042
Total assets less current liabilities
8,573
9,101
Creditors: amounts falling due after more than one year
(5,424)
(5,424)
Called up share capital
100
100
Profit and loss account
3,049
3,577
Shareholders' funds
3,149
3,677
For the year ending 31 October 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 31 January 2024 and were signed on its behalf by
Trevor Williams
Director
Company Registration No. 12267094
Definitive Accountancy Limited
Notes to the Accounts
for the year ended 31 October 2023
Definitive Accountancy Limited is a private company, limited by shares, registered in England and Wales, registration number 12267094. The registered office is 129 Edward Road, Balsall Heath, Birmingham, West Midlands, B12 9JQ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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:
Plant & machinery
15% Reducing Balance
Computer equipment
33% Reducing Balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2022
-
200
200
At 31 October 2023
572
200
772
At 1 November 2022
-
141
141
Charge for the year
86
20
106
At 31 October 2023
86
161
247
At 31 October 2023
486
39
525
At 31 October 2022
-
59
59
Definitive Accountancy Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Amounts falling due after more than one year
Trade debtors
11,540
11,540
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
1,004
2,112
Taxes and social security
966
2,164
Loans from directors
20,019
3,910
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).