Company Registration No. 04524954 (England and Wales)
Stephen Cowburn & Associates Limited
Unaudited accounts
for the year ended 31 March 2024
Stephen Cowburn & Associates Limited
Unaudited accounts
Contents
Stephen Cowburn & Associates Limited
Company Information
for the year ended 31 March 2024
Company Number
04524954 (England and Wales)
Registered Office
203 West Street
Fareham
PO16 0EN
England
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Stephen Cowburn & Associates Limited
Accountants' report
Accountants' report to the director of Stephen Cowburn & Associates Limited on the preparation of the unaudited statutory accounts for the year ended 31 March 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Stephen Cowburn & Associates Limited for the year ended
31 March 2024 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 Stephen Cowburn & Associates 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 Stephen Cowburn & Associates 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 Stephen Cowburn & Associates Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Stephen Cowburn & Associates 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 Stephen Cowburn & Associates Limited. You consider that Stephen Cowburn & Associates 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 Stephen Cowburn & Associates 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.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
27 May 2024
Stephen Cowburn & Associates Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
1,787
2,349
Creditors: amounts falling due within one year
(6,961)
(2,461)
Net current (liabilities)/assets
(5,174)
1,148
Net (liabilities)/assets
(4,800)
1,647
Called up share capital
100
100
Profit and loss account
(4,900)
1,547
Shareholders' funds
(4,800)
1,647
For the year ending 31 March 2024 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 27 May 2024 and were signed on its behalf by
Stephen Cowburn
Director
Company Registration No. 04524954
Stephen Cowburn & Associates Limited
Notes to the Accounts
for the year ended 31 March 2024
Stephen Cowburn & Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 04524954. The registered office is 203 West Street, Fareham, PO16 0EN, England.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment
Amounts falling due within one year
Stephen Cowburn & Associates Limited
Notes to the Accounts
for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
1,871
Loans from directors
6,514
-
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
-
19,858
21,372
(1,514)
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).