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REGISTERED NUMBER: 01537688 (England and Wales)













Unaudited Financial Statements

for the Year Ended 30 April 2024

for

R A McLeod (Financial Services) Limited

R A McLeod (Financial Services) Limited (Registered number: 01537688)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


R A McLeod (Financial Services) Limited

Company Information
for the Year Ended 30 April 2024







DIRECTOR: R A McLeod





SECRETARY: A C McLeod





REGISTERED OFFICE: 10 Portland Business Centre
Manor House Lane
Datchet
Berkshire
SL3 9EG





REGISTERED NUMBER: 01537688 (England and Wales)






R A McLeod (Financial Services) Limited (Registered number: 01537688)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 175,049 176,368
175,049 176,368

CURRENT ASSETS
Stocks 33,232 43,596
Debtors 6 70,127 116,081
Cash at bank 2,902,929 2,939,925
3,006,288 3,099,602
CREDITORS
Amounts falling due within one year 7 179,186 312,779
NET CURRENT ASSETS 2,827,102 2,786,823
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,002,151

2,963,191

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 3,002,051 2,963,091
SHAREHOLDERS' FUNDS 3,002,151 2,963,191

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

R A McLeod (Financial Services) Limited (Registered number: 01537688)

Balance Sheet - continued
30 April 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 10 May 2024 and were signed by:





R A McLeod - Director


R A McLeod (Financial Services) Limited (Registered number: 01537688)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

R A McLeod (Financial 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.

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 represents fees invoiced, net of vat.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 1999, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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 2 (2023 - 2 ) .

R A McLeod (Financial Services) Limited (Registered number: 01537688)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 249,000
AMORTISATION
At 1 May 2023
and 30 April 2024 249,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Computer
property machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 May 2023
and 30 April 2024 171,088 5,614 8,102 38,725 223,529
DEPRECIATION
At 1 May 2023 - 5,607 8,088 33,466 47,161
Charge for year - 2 3 1,314 1,319
At 30 April 2024 - 5,609 8,091 34,780 48,480
NET BOOK VALUE
At 30 April 2024 171,088 5 11 3,945 175,049
At 30 April 2023 171,088 7 14 5,259 176,368

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 70,127 116,081

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade creditors 2 -
Taxation and social security 28,211 51,805
Other creditors 150,973 260,974
179,186 312,779

R A McLeod (Financial Services) Limited (Registered number: 01537688)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. RELATED PARTY DISCLOSURES

The director is also a director of Aerobeam Limited in which he has a beneficial interest. The amount owing to this company is shown under creditors. The service charge is payable to Aerobeam Limited Trading as R A McLeod & Co to cover the operational costs of the office, including all related overheads. R A McLeod & Co Ltd is controlled by the spouse of the director.

9. FREEHOLD PROPERTY

The freehold property is valued by the director at £171,088 which is also the cost price