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REGISTERED NUMBER: 06542061 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Style Accountants Limited

Style Accountants Limited (Registered number: 06542061)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Style Accountants Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: A J Style
Mrs H Style





REGISTERED OFFICE: Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN





REGISTERED NUMBER: 06542061 (England and Wales)





ACCOUNTANTS: Style Accountants Limited
Bank House
Southwick Square
Southwick
West Sussex
BN42 4FN

Style Accountants Limited (Registered number: 06542061)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 59,850 65,450
Tangible assets 5 15,164 19,452
75,014 84,902

CURRENT ASSETS
Debtors 6 25,537 65,350
Cash at bank 34,185 54,486
59,722 119,836
CREDITORS
Amounts falling due within one year 7 54,740 63,919
NET CURRENT ASSETS 4,982 55,917
TOTAL ASSETS LESS CURRENT
LIABILITIES

79,996

140,819

PROVISIONS FOR LIABILITIES 3,564 4,623
NET ASSETS 76,432 136,196

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 76,332 136,096
SHAREHOLDERS' FUNDS 76,432 136,196

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.

Style Accountants Limited (Registered number: 06542061)

Balance Sheet - continued
31 March 2024


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 20 August 2024 and were signed on its behalf by:





A J Style - Director


Style Accountants Limited (Registered number: 06542061)

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

1. STATUTORY INFORMATION

Style Accountants 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 20% on cost and 20% on reducing balance

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 8 (2023 - 8 ) .

Style Accountants Limited (Registered number: 06542061)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 140,000
AMORTISATION
At 1 April 2023 74,550
Charge for year 5,600
At 31 March 2024 80,150
NET BOOK VALUE
At 31 March 2024 59,850
At 31 March 2023 65,450

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 30,941
DEPRECIATION
At 1 April 2023 11,489
Charge for year 4,288
At 31 March 2024 15,777
NET BOOK VALUE
At 31 March 2024 15,164
At 31 March 2023 19,452

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 25,537 49,350
Other debtors - 16,000
25,537 65,350

Style Accountants Limited (Registered number: 06542061)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 1,404 1,839
Taxation and social security 50,574 58,886
Other creditors 2,762 3,194
54,740 63,919

8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Mrs H Style
Balance outstanding at start of year 8,000 -
Amounts advanced - 8,000
Amounts repaid (8,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 8,000

A J Style
Balance outstanding at start of year 8,000 -
Amounts advanced - 8,000
Amounts repaid (8,000 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 8,000