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REGISTERED NUMBER: 04155753 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CITYMIST SERVICES LIMITED

CITYMIST SERVICES LIMITED (REGISTERED NUMBER: 04155753)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CITYMIST SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: B Frenkel





SECRETARY: Mrs R Frenkel





REGISTERED OFFICE: 14 Wellington Avenue
London
N15 6AS





REGISTERED NUMBER: 04155753 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

CITYMIST SERVICES LIMITED (REGISTERED NUMBER: 04155753)

BALANCE SHEET
31 MARCH 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 7,859 10,198

CURRENT ASSETS
Debtors 5 536,373 572,330
Cash at bank 1,237,504 1,563,838
1,773,877 2,136,168
CREDITORS
Amounts falling due within one year 6 (1,245,281 ) (1,604,351 )
NET CURRENT ASSETS 528,596 531,817
TOTAL ASSETS LESS CURRENT
LIABILITIES

536,455

542,015

CREDITORS
Amounts falling due after more than one
year

7

(28,144

)

(33,455

)
NET ASSETS 508,311 508,560

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 508,309 508,558
508,311 508,560

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

CITYMIST SERVICES LIMITED (REGISTERED NUMBER: 04155753)

BALANCE SHEET - continued
31 MARCH 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 director and authorised for issue on 9 January 2025 and were signed by:





B Frenkel - Director


CITYMIST SERVICES LIMITED (REGISTERED NUMBER: 04155753)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

CITYMIST SERVICES 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 - 15% on reducing balance
Computer equipment - 33% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 10,462 12,649 23,111
DEPRECIATION
At 1 April 2023 4,757 8,156 12,913
Charge for year 856 1,483 2,339
At 31 March 2024 5,613 9,639 15,252
NET BOOK VALUE
At 31 March 2024 4,849 3,010 7,859
At 31 March 2023 5,705 4,493 10,198

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors - 35,957
Other debtors 536,373 536,373
536,373 572,330

CITYMIST SERVICES LIMITED (REGISTERED NUMBER: 04155753)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 271 3,596
Tax 490 8,951
Social security and other taxes 1,545 6,156
VAT 9,605 7,955
Clients' monies 1,211,597 1,553,527
Directors' current accounts 20,673 23,066
Accrued expenses 1,100 1,100
1,245,281 1,604,351

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans - 2-5 years 28,144 33,455

Included with creditors is the amount of £28,144 (2023: £33,455) due under the Bounce Back Loan Scheme (BBLS). The loan is unsecured, guaranteed by the government, and attracts an interest rate of 2.5% after the interest-free period in the first year.

8. RELATED PARTY DISCLOSURES

Included within other debtors is the amount of £536,373 (2023: £526,373) which represents the amount owed to the company by Rowanfield Estates Ltd. The company and Rowanfield Estates Ltd share a common director.