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REGISTERED NUMBER: 10786062 (England and Wales)
























Unaudited Financial Statements for the Year Ended 31 May 2024

for

Assured Source Limited

Assured Source Limited (Registered number: 10786062)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Assured Source Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: W D Carter





REGISTERED OFFICE: Apex House
7 Park Lane Business Centre
Basford
Nottingham
Nottinghamshire
NG6 0DW





REGISTERED NUMBER: 10786062 (England and Wales)





ACCOUNTANTS: KD3 Accountancy Services Ltd
Apex House
7 Park Lane Business Centre
Basford
Nottingham
Nottinghamshire
NG6 0DW

Assured Source Limited (Registered number: 10786062)

Balance Sheet
31 May 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 96,367 2,250

CURRENT ASSETS
Debtors 5 6,031 61,005
Cash at bank and in hand 230,521 22,393
236,552 83,398
CREDITORS
Amounts falling due within one year 6 57,264 26,954
NET CURRENT ASSETS 179,288 56,444
TOTAL ASSETS LESS CURRENT
LIABILITIES

275,655

58,694

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 275,355 58,394
275,655 58,694

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 15 November 2024 and were signed by:





W D Carter - Director


Assured Source Limited (Registered number: 10786062)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Assured Source 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment25% Straight line
Motor vehicles20% Reducing balance

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 2,561
Additions 99,732
At 31 May 2024 102,293
DEPRECIATION
At 1 June 2023 311
Charge for year 5,615
At 31 May 2024 5,926
NET BOOK VALUE
At 31 May 2024 96,367
At 31 May 2023 2,250

Assured Source Limited (Registered number: 10786062)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 58,893
Other debtors 6,031 2,112
6,031 61,005

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 6,043 5,469
Taxation and social security 42,953 14,352
Other creditors 8,268 7,133
57,264 26,954