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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
Page
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Stephen Cowburn & Associates Limited Company Information for the year ended 31 March 2024
Director
Stephen Cowburn
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
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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
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Stephen Cowburn & Associates Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
374 
499 
Current assets
Debtors
- 
1,260 
Cash at bank and in hand
1,787 
2,349 
1,787 
3,609 
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 
Capital and reserves
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
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Stephen Cowburn & Associates Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
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.
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:
Computer equipment
25% reducing balance
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 April 2023
2,057 
At 31 March 2024
2,057 
Depreciation
At 1 April 2023
1,558 
Charge for the year
125 
At 31 March 2024
1,683 
Net book value
At 31 March 2024
374 
At 31 March 2023
499 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,260 
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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 
£ 
£ 
VAT
(347)
(55)
Taxes and social security
- 
1,871 
Loans from directors
6,514 
- 
Accruals
794 
645 
6,961 
2,461 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Stephen Cowburn
Director Loan Account
- 
19,858 
21,372 
(1,514)
- 
19,858 
21,372 
(1,514)
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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