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REGISTERED NUMBER: 02094288 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

LAMPIERS FINANCIAL PLANNING LIMITED

LAMPIERS FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 02094288)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


LAMPIERS FINANCIAL PLANNING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: P J Wheeler





REGISTERED OFFICE: 4 Hillside
Cotham
Bristol
BS6 6JB





REGISTERED NUMBER: 02094288 (England and Wales)





ACCOUNTANTS: Gordon Wood Scott & Partners Limited
Chartered Accountants
Dean House
94 Whiteladies Road
Clifton
Bristol
BS8 2QX

LAMPIERS FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 02094288)

BALANCE SHEET
30 JUNE 2024

30.6.24 30.6.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 78,442 100,521

CURRENT ASSETS
Debtors 5 66,824 64,850
Cash at bank 1,767,624 1,356,725
1,834,448 1,421,575
CREDITORS
Amounts falling due within one year 6 (322,087 ) (211,848 )
NET CURRENT ASSETS 1,512,361 1,209,727
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,590,803

1,310,248

PROVISIONS FOR LIABILITIES 7 (19,861 ) (23,630 )
NET ASSETS 1,570,942 1,286,618

CAPITAL AND RESERVES
Called up share capital 1,560 1,658
Capital redemption reserve 8 3,220 3,122
Retained earnings 8 1,566,162 1,281,838
SHAREHOLDERS' FUNDS 1,570,942 1,286,618

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 Profit & Loss Account has not been delivered.

The accounts were approved the director and authorised for issue on 11 November 2024 and were signed by:



P J Wheeler - Director


LAMPIERS FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 02094288)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Lampiers Financial Planning 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 accounts are presented in sterling (£).

Turnover
Turnover represents fees and commissions receivable for financial services provided and is measured at the
fair value of the consideration receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Plant and machinery - 33.33% on cost
Motor vehicles - 20% on cost

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.

Short term debtors are measured at transaction price less any impairment.

Short term creditors are measured at transaction price.

Cash is represented by deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

Other financial liabilities, including borrowings are initially measured at fair value and subsequently measured at amortised cost using the effective interest rate method, with interest expense recognised on an effective yield basis.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.


LAMPIERS FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 02094288)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase agreements or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives.Those held under finance leases are depreciated over their estimated useful lives or the lease term whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 12 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1 July 2023 32,692 134,135 166,827
Additions 5,887 - 5,887
At 30 June 2024 38,579 134,135 172,714
DEPRECIATION
At 1 July 2023 23,228 43,078 66,306
Charge for year 6,564 21,402 27,966
At 30 June 2024 29,792 64,480 94,272
NET BOOK VALUE
At 30 June 2024 8,787 69,655 78,442
At 30 June 2023 9,464 91,057 100,521


LAMPIERS FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 02094288)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Other debtors 24,247 24,247
Prepayments 42,577 40,603
66,824 64,850

Other debtors includes loans of £18,300 (£18,300 : 2023) advanced to the directors during a previous year. The loans are unsecured and interest free. £9,150 has been repaid since the year end.

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 5,438 5,652
Corporation tax 257,825 150,664
Social security and other taxes 15,539 15,721
Accrued expenses 43,285 39,811
322,087 211,848

7. PROVISIONS FOR LIABILITIES
30.6.24 30.6.23
£    £   
Deferred tax 19,861 23,630

Deferred
tax
£   
Balance at 1 July 2023 23,630
Credit to Profit & Loss Account during year (3,769 )
Balance at 30 June 2024 19,861

8. RESERVES
Capital
Retained redemption
earnings reserve Totals
£    £    £   

At 1 July 2023 1,281,838 3,122 1,284,960
Profit for the year 753,077 753,077
Dividends (343,128 ) (343,128 )
Purchase of own shares (125,625 ) 98 (125,527 )
At 30 June 2024 1,566,162 3,220 1,569,382

9. OPERATING LEASE COMMITMENTS

The future minimum lease payments under operating leases at 30 June 2022 were £29,496 (£64,891 : 2023)

10. POST BALANCE SHEET EVENTS

On 29 October 2024 the company purchased for £1,286,538 and cancelled 446 of it's D Ordinary shares.