Company Registration No. 07524196 (England and Wales)
Entrust Professional Services Ltd
Unaudited accounts
for the year ended 31 December 2023
Entrust Professional Services Ltd
Unaudited accounts
Contents
Entrust Professional Services Ltd
Company Information
for the year ended 31 December 2023
Company Number
07524196 (England and Wales)
Registered Office
3rd Floor 6 8 Castle Stree
Liverpool
L2 0NB
United Kingdom
Accountants
Townley & Co Limited
Warrington Business Centre
67 Bewsey Street
Warrington
WA2 7JQ
Entrust Professional Services Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
12,248
16,627
Cash at bank and in hand
57,062
12,797
Creditors: amounts falling due within one year
(183,060)
(48,786)
Net current assets
54,096
40,789
Total assets less current liabilities
66,344
57,416
Creditors: amounts falling due after more than one year
(15,185)
(25,833)
Called up share capital
100
100
Profit and loss account
51,059
31,483
Shareholders' funds
51,159
31,583
For the year ending 31 December 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 18 September 2024 and were signed on its behalf by
K D Tarpey
Director
Company Registration No. 07524196
Entrust Professional Services Ltd
Notes to the Accounts
for the year ended 31 December 2023
Entrust Professional Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 07524196. The registered office is 3rd Floor 6 8 Castle Stree, Liverpool, L2 0NB, 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.
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.
Turnover represents the value, net of VAT and discounts, of services provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
33% straight line
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
The company operates a defined contribution scheme for the beenefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Entrust Professional Services Ltd
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2023
18,416
20,685
-
39,101
At 31 December 2023
18,416
20,685
2,518
41,619
At 1 January 2023
4,604
17,870
-
22,474
Charge for the year
3,453
2,814
630
6,897
At 31 December 2023
8,057
20,684
630
29,371
At 31 December 2023
10,359
1
1,888
12,248
At 31 December 2022
13,812
2,815
-
16,627
Amounts falling due within one year
Trade debtors
170,094
76,074
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
10,648
10,000
Trade creditors
78,345
9,506
Amounts owed to group undertakings and other participating interests
48,683
-
Taxes and social security
38,338
17,444
Other creditors
7,046
11,833
7
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
The ultimate controlling party is K D Tarpey.
Entrust Professional Services Ltd
Notes to the Accounts
for the year ended 31 December 2023
10
Average number of employees
During the year the average number of employees was 8 (2022: 8).