Company Registration No. 07558846 (England and Wales)
Ablestoke Financial Advisers Limited
Unaudited accounts
for the year ended 31 March 2024
Ablestoke Financial Advisers Limited
Unaudited accounts
Contents
Ablestoke Financial Advisers Limited
Company Information
for the year ended 31 March 2024
Directors
Lee Wells
Neil Mutton
Company Number
07558846 (England and Wales)
Registered Office
Admirals Offices
Main Gate Road
The Historic Dockyard
Chatham
Kent
ME4 4TZ
England
Ablestoke Financial Advisers Limited
Statement of financial position
as at 31 March 2024
Called up share capital not paid
5
5
Cash at bank and in hand
34,847
2,265
Creditors: amounts falling due within one year
(37,141)
(34,869)
Net current assets
32,706
9,013
Called up share capital
5
5
Profit and loss account
32,706
9,013
Shareholders' funds
32,711
9,018
For the year ending 31 March 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 14 June 2024 and were signed on its behalf by
Lee Wells
Director
Company Registration No. 07558846
Ablestoke Financial Advisers Limited
Notes to the Accounts
for the year ended 31 March 2024
Ablestoke Financial Advisers Limited is a private company, limited by shares, registered in England and Wales, registration number 07558846. The registered office is Admirals Offices, Main Gate Road, The Historic Dockyard, Chatham, Kent, ME4 4TZ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Amounts falling due within one year
Trade debtors
35,000
35,000
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
33,333
Taxes and social security
5,558
1,536
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).