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REGISTERED NUMBER: 11834861 (England and Wales)















BARNABY CECIL FINANCIAL PLANNING LIMITED

Unaudited Financial Statements for the Year Ended 29 February 2024






BARNABY CECIL FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 11834861)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BARNABY CECIL FINANCIAL PLANNING LIMITED

Company Information
for the Year Ended 29 February 2024







DIRECTORS: T S Skinner
Ms E L Walker





REGISTERED OFFICE: Office 9
Church Lane Chambers
11-12 Church Lane
London
Greater London
E11 1HG





REGISTERED NUMBER: 11834861 (England and Wales)





ACCOUNTANTS: Michael Dufty Partnership Limited
59-61 Charlotte Street
St Pauls Square
Birmingham
West Midlands
B3 1PX

BARNABY CECIL FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 11834861)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 7,983 13,103
Investments 5 10,650 -
18,633 13,103

CURRENT ASSETS
Debtors 6 27,684 22,879
Cash at bank 56,938 39,455
84,622 62,334
CREDITORS
Amounts falling due within one year 7 52,606 29,106
NET CURRENT ASSETS 32,016 33,228
TOTAL ASSETS LESS CURRENT
LIABILITIES

50,649

46,331

CREDITORS
Amounts falling due after more than one
year

8

(5,236

)

(9,309

)

PROVISIONS FOR LIABILITIES - (1,069 )
NET ASSETS 45,413 35,953

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 45,412 35,952
45,413 35,953

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

BARNABY CECIL FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 11834861)

Balance Sheet - continued
29 February 2024


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 Board of Directors and authorised for issue on 29 November 2024 and were signed on its behalf by:





T S Skinner - Director


BARNABY CECIL FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 11834861)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Barnaby Cecil 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.

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.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 NIL (2023 - 2 ).

BARNABY CECIL FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 11834861)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 March 2023
and 29 February 2024 2,561 9,990 15,237 27,788
DEPRECIATION
At 1 March 2023 993 3,434 10,258 14,685
Charge for year 623 1,639 2,858 5,120
At 29 February 2024 1,616 5,073 13,116 19,805
NET BOOK VALUE
At 29 February 2024 945 4,917 2,121 7,983
At 28 February 2023 1,568 6,556 4,979 13,103

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
Additions 10,650
At 29 February 2024 10,650
NET BOOK VALUE
At 29 February 2024 10,650

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 26,078 19,394
Other debtors 1,606 3,485
27,684 22,879

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,073 3,973
Taxation and social security 42,442 17,148
Other creditors 6,091 7,985
52,606 29,106

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 5,236 9,309

BARNABY CECIL FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 11834861)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

9. ULTIMATE CONTROLLING PARTY

The controlling party is T S Skinner.