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Company Registration No. 05899737 (England and Wales)
Select Accountancy Limited Unaudited accounts for the year ended 30 September 2024
Select Accountancy Limited Unaudited accounts Contents
Page
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Select Accountancy Limited Company Information for the year ended 30 September 2024
Directors
Linda Hodgkinson Becky Cassady
Company Number
05899737 (England and Wales)
Registered Office
11 Chapel Lane Arnold Nottingham Nottinghamshire NG5 7DR
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Select Accountancy Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
24,375 
32,500 
Tangible assets
2,040 
2,997 
26,415 
35,497 
Current assets
Debtors
11,913 
12,115 
Cash at bank and in hand
85,029 
75,379 
96,942 
87,494 
Creditors: amounts falling due within one year
(16,434)
(19,578)
Net current assets
80,508 
67,916 
Net assets
106,923 
103,413 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
106,823 
103,313 
Shareholders' funds
106,923 
103,413 
For the year ending 30 September 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 4 December 2024 and were signed on its behalf by
Linda Hodgkinson Director Company Registration No. 05899737
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Select Accountancy Limited Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
Select Accountancy Limited is a private company, limited by shares, registered in England and Wales, registration number 05899737. The registered office is 11 Chapel Lane, Arnold, Nottingham, Nottinghamshire, NG5 7DR.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Other tangible fixed assets
Goodwill to be amortized over 8 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2023
65,000 
At 30 September 2024
65,000 
Amortisation
At 1 October 2023
32,500 
Charge for the year
8,125 
At 30 September 2024
40,625 
Net book value
At 30 September 2024
24,375 
At 30 September 2023
32,500 
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Select Accountancy Limited Notes to the Accounts for the year ended 30 September 2024
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 October 2023
1,278 
4,674 
5,952 
Additions
121 
- 
121 
Disposals
- 
(531)
(531)
At 30 September 2024
1,399 
4,143 
5,542 
Depreciation
At 1 October 2023
785 
2,170 
2,955 
Charge for the year
153 
527 
680 
On disposals
- 
(133)
(133)
At 30 September 2024
938 
2,564 
3,502 
Net book value
At 30 September 2024
461 
1,579 
2,040 
At 30 September 2023
493 
2,504 
2,997 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,163 
8,567 
Accrued income and prepayments
2,325 
2,123 
Other debtors
1,425 
1,425 
11,913 
12,115 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,645 
8,739 
Trade creditors
1,879 
1,652 
Taxes and social security
7,166 
7,794 
Loans from directors
514 
1,122 
Accruals
230 
271 
16,434 
19,578 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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