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REGISTERED NUMBER: 12982557 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

CFA Fitch Limited

CFA Fitch Limited (Registered number: 12982557)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


CFA Fitch Limited

Company Information
for the Year Ended 31 October 2023







DIRECTOR: Mr A Fitch





REGISTERED OFFICE: 64 Bishop Road
ST HELENS
Merseyside
WA10 6SS





REGISTERED NUMBER: 12982557 (England and Wales)





ACCOUNTANTS: GR Taylor & Co Accountants
54-56 Ormskirk Street
ST HELENS
Merseyside
WA10 2TF

CFA Fitch Limited (Registered number: 12982557)

Abridged Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 934 529
Tangible assets 5 211 281
1,145 810

CURRENT ASSETS
Debtors 6,687 11,334
Cash at bank 61,945 58,041
68,632 69,375
CREDITORS
Amounts falling due within one year 63,770 67,043
NET CURRENT ASSETS 4,862 2,332
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,007

3,142

CAPITAL AND RESERVES
Called up share capital 3 3
Retained earnings 6,004 3,139
SHAREHOLDERS' FUNDS 6,007 3,142

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 October 2023 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

CFA Fitch Limited (Registered number: 12982557)

Abridged Balance Sheet - continued
31 October 2023



The financial statements were approved by the director and authorised for issue on 13 August 2024 and were signed by:





Mr A Fitch - Director


CFA Fitch Limited (Registered number: 12982557)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

CFA Fitch Limited 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of four years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - 1 ).

CFA Fitch Limited (Registered number: 12982557)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022 705
Additions 1,010
At 31 October 2023 1,715
AMORTISATION
At 1 November 2022 176
Amortisation for year 605
At 31 October 2023 781
NET BOOK VALUE

At 31 October 2023 934
At 31 October 2022 529

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 November 2022
and 31 October 2023 500
DEPRECIATION
At 1 November 2022 219
Charge for year 70
At 31 October 2023 289
NET BOOK VALUE
At 31 October 2023 211
At 31 October 2022 281