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Company No: 04596404 (England and Wales)

SCHAEFER FINANCIAL MANAGEMENT LIMITED

Unaudited Financial Statements
For the financial year ended 29 February 2024
Pages for filing with the registrar

SCHAEFER FINANCIAL MANAGEMENT LIMITED

UNAUDITED FINANCIAL STATEMENTS

For the financial year ended 29 February 2024

Contents

SCHAEFER FINANCIAL MANAGEMENT LIMITED

BALANCE SHEET

As at 29 February 2024
SCHAEFER FINANCIAL MANAGEMENT LIMITED

BALANCE SHEET (continued)

For the financial year ended 29 February 2024
2024 2023
£ £
Fixed assets 47,129 73,640
Current assets 58,912 40,160
Creditors: amounts falling due within one year ( 34,610) ( 38,620)
Net current assets 24,302 1,540
Total assets less current liabilities 71,431 75,180
Creditors: amounts falling due after more than one year ( 12,500) ( 22,500)
Accruals and deferred income ( 6,000) ( 3,840)
Net assets 52,931 48,840
Capital and reserves 52,931 48,840

For the financial year ending 29 February 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Schaefer Financial Management Limited (registered number: 04596404) were approved and authorised for issue by the director on 11 October 2024 and were signed on its behalf by:

P A Sheppard
Director
SCHAEFER FINANCIAL MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 29 February 2024
SCHAEFER FINANCIAL MANAGEMENT LIMITED

NOTES TO THE FINANCIAL STATEMENTS (continued)

For the For the financial year ended 29 February 2024

1. Company information

The Company is a private company limited by shares and is incorporated in the United Kingdom and registered in England and Wales (Company no. 04596404). The address of its registered office is Goodwood House, Blackbrook Park Avenue, Taunton, TA1 2PX, United Kingdom.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the financial year, including the director 9 8

3. Directors’ benefits: advances, credit and guarantees

Advances

The Directors loan accounts are repayable on demand and interest is charged on overdrawn balances exceeding £10,000 at the official HMRC rates.

P A Sheppard:
At 1 March 2023, the balance owed by the director was £6,252. During the year, £48,656 was advanced to the director, and £40,313 was repaid by the director. At 29 February 2024, the balance owed by the director was £14,595.

At 1 March 2022, the balance owed by the director was £7,628. During the year, £46,938 was advanced to the director, and £48,314 was repaid by the director. At 28 February 2023, the balance owed by the director was £6,252.

G C Lott:
At 1 March 2023, the balance owed by the director was £nil. During the year, £15,452 was advanced to the director, and £9,452 was repaid by the director. At 29 February 2024, the balance owed by the director was £6,000.

At 1 March 2022, the balance owed by the director was £nil. During the year, £11,333 was advanced to the director, and £11,333 was repaid by the director. At 28 February 2023, the balance owed by the director was £nil.

4. Guarantees and other financial commitments

The total amount of financial commitments, relating to the leasing of commercial property, not included in the balance sheet is £3,185 (2023 - £10,829).