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Company Registration No. 09063639 (England and Wales)
CHRIS LUNT IFA LIMITED Unaudited accounts for the year ended 31 May 2024
CHRIS LUNT IFA LIMITED Unaudited accounts Contents
Page
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CHRIS LUNT IFA LIMITED Company Information for the year ended 31 May 2024
Director
Mr C Lunt
Company Number
09063639 (England and Wales)
Registered Office
Chris Lunt I F A Ltd 44a Liverpool Road Lydiate Liverpool Merseyside L31 2LZ England
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CHRIS LUNT IFA LIMITED Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
43,728 
46,463 
Current assets
Investments
105,433 
101,907 
Cash at bank and in hand
249,751 
242,938 
355,184 
344,845 
Creditors: amounts falling due within one year
(29,533)
(34,918)
Net current assets
325,651 
309,927 
Total assets less current liabilities
369,379 
356,390 
Creditors: amounts falling due after more than one year
- 
(231)
Net assets
369,379 
356,159 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
369,378 
356,158 
Shareholders' funds
369,379 
356,159 
For the year ending 31 May 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 director acknowledges his 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 and authorised for issue on 19 June 2024 and were signed on its behalf by
Mr C Lunt Director Company Registration No. 09063639
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CHRIS LUNT IFA LIMITED Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
CHRIS LUNT IFA LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09063639. The registered office is Chris Lunt I F A Ltd, 44a Liverpool Road, Lydiate, Liverpool, Merseyside, L31 2LZ, 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.
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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2023
46,990 
56,975 
103,965 
Additions
- 
11,841 
11,841 
At 31 May 2024
46,990 
68,816 
115,806 
Depreciation
At 1 June 2023
20,558 
36,944 
57,502 
Charge for the year
6,608 
7,968 
14,576 
At 31 May 2024
27,166 
44,912 
72,078 
Net book value
At 31 May 2024
19,824 
23,904 
43,728 
At 31 May 2023
26,432 
20,031 
46,463 
5
Investments held as current assets
2024 
2023 
£ 
£ 
Listed investments
105,433 
101,907 
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CHRIS LUNT IFA LIMITED Notes to the Accounts for the year ended 31 May 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
24,191 
33,102 
Deferred income
5,342 
1,816 
29,533 
34,918 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
- 
231 
8
Average number of employees
During the year the average number of employees was 4 (2023: 4).
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