4 01/04/2023 31/03/2024 2024-03-31 false false false false false false false true false false true false false false false true true false No description of principal activities is disclosed 2023-04-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP NI058468 2023-04-01 2024-03-31 NI058468 2024-03-31 NI058468 2023-03-31 NI058468 2022-04-01 2023-03-31 NI058468 2023-03-31 NI058468 2022-03-31 NI058468 bus:RegisteredOffice 2023-04-01 2024-03-31 NI058468 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 NI058468 bus:Director1 2023-04-01 2024-03-31 NI058468 bus:CompanySecretary1 2023-04-01 2024-03-31 NI058468 core:WithinOneYear 2024-03-31 NI058468 core:WithinOneYear 2023-03-31 NI058468 core:AfterOneYear 2024-03-31 NI058468 core:AfterOneYear 2023-03-31 NI058468 bus:Director1 2023-03-31 NI058468 bus:Director1 2024-03-31 NI058468 bus:Director1 2022-03-31 NI058468 bus:Director1 2023-03-31 NI058468 bus:Director1 2022-04-01 2023-03-31 NI058468 bus:Micro-entities 2023-04-01 2024-03-31 NI058468 bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 NI058468 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 NI058468 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 NI058468 bus:FullAccounts 2023-04-01 2024-03-31
Company registration number: NI058468
TAILORED FINANCIAL SOLUTIONS LIMITED
UNAUDITED FILLETED FINANCIAL STATEMENTS
31 March 2024
TAILORED FINANCIAL SOLUTIONS LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
_________________________________________________________________________________________
Contents
Directors and other information
Balance sheet and notes to the financial statements
TAILORED FINANCIAL SOLUTIONS LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
_________________________________________________________________________________________
Director Mrs Kathleen Scullion
Secretary Mrs Kathleen Scullion
Company number NI058468
Registered office 50a Glenshane Road
Magherafelt
BT45 8QU
Business address 50a Glenshane Road
Magherafelt
BT45 8QU
Accountants Kelly & O'Neill Ltd
15E Molesworth Street
Cookstown
Co Tyrone
BT80 8NX
Bankers Santander
Bridle Road
Bootle
Merseyside
TAILORED FINANCIAL SOLUTIONS LIMITED
BALANCE SHEET
31 MARCH 2024
_______________________________________________________________________________________
2024 2023
£ £ £ £
Fixed assets 1,269 1,351
_______ _______
Current assets 720,179 660,003
Prepayments and accrued income 1,600 1,777
_______ _______
721,779 661,780
Creditors: amounts falling due within one year ( 99,459) ( 50,242)
_______ _______
Net current assets 622,320 611,538
_______ _______
Total assets less current liabilities 623,589 612,889
Creditors: amounts falling due after more than one year ( 5,850) ( 10,872)
Accruals and deferred income ( 2,200) ( 1,900)
_______ _______
Net assets 615,539 600,117
_______ _______
Capital and reserves 615,539 600,117
_______ _______
TAILORED FINANCIAL SOLUTIONS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
_________________________________________________________________________________________
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2023: 5 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2024
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mrs Kathleen Scullion ( 45,242) ( 47,882) ( 93,124)
_______ _______ _______
2023
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mrs Kathleen Scullion ( 12,467) ( 32,775) ( 45,242)
_______ _______ _______
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.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 07 August 2024 , and are signed on behalf of the board by:
Mrs Kathleen Scullion
Director
Company registration number: NI058468
The company is a private company limited by shares, registered in Northern Ireland.
TAILORED FINANCIAL SOLUTIONS LIMITED
FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2024
_________________________________________________________________________________________
The following pages do not form part of the statutory accounts.
TAILORED FINANCIAL SOLUTIONS LIMITED
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE
UNAUDITED STATUTORY FINANCIAL STATEMENTS OF TAILORED FINANCIAL SOLUTIONS LIMITED (CONTINUED)
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 financial statements of Tailored Financial Solutions Limited for the year ended 31 March 2024 which comprise the Balance Sheet and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland, we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the director of Tailored Financial Solutions Limited, as a body, in accordance with the terms of our engagement letter dated 10 May 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Tailored Financial Solutions Limited and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Tailored Financial Solutions Limited and its director as a body for our work or for this report.
It is your duty to ensure that Tailored Financial Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Tailored Financial Solutions Limited. You consider that Tailored Financial Solutions 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 financial statements of Tailored Financial Solutions 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 financial statements.
Kelly & O'Neill Ltd
Chartered Accountants
15E Molesworth Street
Cookstown
Co Tyrone
BT80 8NX
7 August 2024