Company Registration No. 09707423 (England and Wales)
TAILORED FINANCIAL PLANNING LTD
Unaudited accounts
for the year ended 28 January 2024
TAILORED FINANCIAL PLANNING LTD
Unaudited accounts
Contents
TAILORED FINANCIAL PLANNING LTD
Company Information
for the year ended 28 January 2024
Directors
Paula Payne
Christopher Frodsham
Thomas Frodsham
Company Number
09707423 (England and Wales)
Registered Office
99-101 Corporation Street
St Helens
WA10 1SX
Accountants
MJ Houlihan & Co Accountants
99-101 Corporation Street
St Helens
WA10 1SX
TAILORED FINANCIAL PLANNING LTD
Statement of financial position
as at 28 January 2024
Tangible assets
4,445
11,223
Cash at bank and in hand
190,185
236,021
Creditors: amounts falling due within one year
(23,012)
(41,521)
Net current assets
196,420
257,031
Total assets less current liabilities
200,865
268,254
Creditors: amounts falling due after more than one year
(13,394)
(23,334)
Net assets
187,471
244,920
Called up share capital
153
179
Capital redemption reserve
(105,126)
(50,554)
Profit and loss account
292,444
295,295
Shareholders' funds
187,471
244,920
For the year ending 28 January 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 directors acknowledge their 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 of Directors and authorised for issue on 18 April 2024 and were signed on its behalf by
Paula Payne
Director
Company Registration No. 09707423
TAILORED FINANCIAL PLANNING LTD
Notes to the Accounts
for the year ended 28 January 2024
TAILORED FINANCIAL PLANNING LTD is a private company, limited by shares, registered in England and Wales, registration number 09707423. The registered office is 99-101 Corporation Street, St Helens, WA10 1SX.
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:
Plant & machinery
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Amounts falling due within one year
Trade debtors
28,956
62,240
Deferred tax asset
291
291
TAILORED FINANCIAL PLANNING LTD
Notes to the Accounts
for the year ended 28 January 2024
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
10,000
10,000
Taxes and social security
13,012
31,521
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
153 Ordinary shares of £1 each
153
205
9
Average number of employees
During the year the average number of employees was 7 (2023: 7).