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REGISTERED NUMBER: 04986361 (England and Wales)















EARLEY FINANCIAL SOLUTIONS LIMITED

Unaudited Financial Statements

for the period

1 January 2023 to 30 April 2024






EARLEY FINANCIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 04986361)

Contents of the Financial Statements
for the period 1 January 2023 to 30 April 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


EARLEY FINANCIAL SOLUTIONS LIMITED

Company Information
for the period 1 January 2023 to 30 April 2024







Director: J Gregory





Secretary: T Gregory





Registered office: C/O Cooper Parry
New Derwent House
69-73 Theobalds Road
London
WC1X 8TA





Registered number: 04986361 (England and Wales)





Accountants: Cooper Parry Advisory Limited
250 Fowler Avenue
Farnborough
Hampshire
GU14 7JP

EARLEY FINANCIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 04986361)

Balance Sheet
30 April 2024

2024 2022
Notes £ £
Current assets
Debtors 4 - 712
Investments 5 - 110,801
Cash at bank 8,185 9,935
8,185 121,448
Creditors
Amounts falling due within one year 6 (5,158 ) (8,541 )
Net current assets 3,027 112,907
Total assets less current liabilities 3,027 112,907

Capital and reserves
Called up share capital 102 102
Retained earnings 7 2,925 112,805
Shareholders' funds 3,027 112,907

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 October 2024 and were signed by:





J Gregory - Director


EARLEY FINANCIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 04986361)

Notes to the Financial Statements
for the period 1 January 2023 to 30 April 2024


1. Statutory information

Earley Financial Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. Accounting policies

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company ceased to trade in the year so these accounts have been prepared under the break up basis.

Turnover
Fees and commissions receivable represents amounts due for financial services provided in the year.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Key sources of estimation uncertainty and judgements
Preparation of the financial statements requires management to make significant judgements and estimates in determining the carrying amounts of certain assets and liabilities. Management makes assumptions of the effects of uncertain future events on those assets and liabilities at the balance sheet date. The management's estimates and assumptions are based on historical experience and expectation of future events and are reviewed periodically. This disclosure excludes uncertainty over future events and judgement in respect of measuring financial instruments. There are no further significant judgements or estimates.

EARLEY FINANCIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 04986361)

Notes to the Financial Statements - continued
for the period 1 January 2023 to 30 April 2024


2. Accounting policies - continued

Financial instruments
Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts which are an integral part of the company's cash management.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

3. Employees and directors

The average number of employees during the period was 1 (2022 - 1 ) .

4. Debtors: amounts falling due within one year
2024 2022
£ £
Other debtors - 712

5. Current asset investments
2024 2022
£ £
Other - 110,801

6. Creditors: amounts falling due within one year
2024 2022
£ £
Taxation and social security 2,998 4,941
Other creditors 2,160 3,600
5,158 8,541

EARLEY FINANCIAL SOLUTIONS LIMITED (REGISTERED NUMBER: 04986361)

Notes to the Financial Statements - continued
for the period 1 January 2023 to 30 April 2024


7. Reserves
Retained
earnings
£

At 1 January 2023 112,805
Profit for the period 7,580
Dividends (117,460 )
At 30 April 2024 2,925

8. Ultimate controlling party

The company is controlled by J Gregory, director, by virtue of his 100% ownership of the issued ordinary share capital of the company.