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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
Page
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Definitive Accountancy Limited Company Information for the year ended 31 October 2023
Director
Trevor Williams
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
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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
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Definitive Accountancy Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
525 
59 
Current assets
Debtors
23,207 
11,540 
Cash at bank and in hand
6,830 
5,688 
30,037 
17,228 
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)
Net assets
3,149 
3,677 
Capital and reserves
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
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Definitive Accountancy Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
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.
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.
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 
Additions
572 
- 
572 
At 31 October 2023
572 
200 
772 
Depreciation
At 1 November 2022
- 
141 
141 
Charge for the year
86 
20 
106 
At 31 October 2023
86 
161 
247 
Net book value
At 31 October 2023
486 
39 
525 
At 31 October 2022
- 
59 
59 
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Definitive Accountancy Limited Notes to the Accounts for the year ended 31 October 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,667 
- 
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 
21,989 
8,186 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
5,424 
5,424 
8
Average number of employees
During the year the average number of employees was 4 (2022: 4).
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