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REGISTERED NUMBER: 07153342 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Access Repairer Funding Limited

Access Repairer Funding Limited (Registered number: 07153342)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Access Repairer Funding Limited

Company Information
for the Year Ended 29 February 2024







DIRECTOR: C N McCormack





REGISTERED OFFICE: 221 Bury New Road
Whitefield
Manchester
M45 8GW





REGISTERED NUMBER: 07153342 (England and Wales)





ACCOUNTANTS: Nick Brajkovich Limited
Chartered Accountants
29 Withers Avenue
Warrington
Cheshire
WA2 8EU

Access Repairer Funding Limited (Registered number: 07153342)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 47

CURRENT ASSETS
Debtors 5 67,785 78,871
Cash at bank 630 912
68,415 79,783
CREDITORS
Amounts falling due within one year 6 15,932 15,681
NET CURRENT ASSETS 52,483 64,102
TOTAL ASSETS LESS CURRENT
LIABILITIES

52,483

64,149

CREDITORS
Amounts falling due after more than one
year

7

258,880

269,092
NET LIABILITIES (206,397 ) (204,943 )

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings (206,401 ) (204,947 )
(206,397 ) (204,943 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

Access Repairer Funding Limited (Registered number: 07153342)

Balance Sheet - continued
29 February 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 29 January 2025 and were signed by:





C N McCormack - Director


Access Repairer Funding Limited (Registered number: 07153342)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Access Repairer Funding 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 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.
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Access Repairer Funding Limited (Registered number: 07153342)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 March 2023
and 29 February 2024 750
DEPRECIATION
At 1 March 2023 703
Charge for year 47
At 29 February 2024 750
NET BOOK VALUE
At 29 February 2024 -
At 28 February 2023 47

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 23,570 23,570
Other debtors 44,215 55,301
67,785 78,871

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Bank loans and overdrafts 10,162 9,911
Trade creditors 4,080 4,080
Taxation and social security 490 490
Other creditors 1,200 1,200
15,932 15,681

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
29.2.24 28.2.23
£    £   
Bank loans 13,949 24,111
Other creditors 244,931 244,981
258,880 269,092

Access Repairer Funding Limited (Registered number: 07153342)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 29 February 2024 and 28 February 2023:

29.2.24 28.2.23
£    £   
C N McCormack
Balance outstanding at start of year 24,510 38,311
Amounts advanced 414 4,199
Amounts repaid (11,500 ) (18,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 13,424 24,510