Your Local Accountants Limited |
Registered Number:06552056 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2024
Your Local Accountants Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
Your Local Accountants Limited
Statement of Financial Position
2023
2024
Trade and other receivables |
138,653
115,490
3
30,427
Cash and cash equivalents |
55,811
171,301
169,080
Trade and other payables: amounts falling due within one |
year |
(122,770)
(117,567)
4
46,310
53,734
Net current assets
Total assets less current liabilities |
53,734
46,310
Trade and other payables: amounts falling due after more |
than one year |
(15,742)
(10,517)
5
(617)
(593)
Provisions for liabilities |
42,600
Net assets
29,975
1
1
42,599
29,974
42,600
29,975
Shareholders' funds
For the year ended 30 April 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 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 proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Gary Ferdinandi Director |
These financial statements were approved and authorised for issue by the Board on 26 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 April 2024
Your Local Accountants Limited
Notes to the Financial Statements
Statutory Information
Your Local Accountants Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 06552056. |
5 Chigwell Road
Cockfosters Road
London
E18 1LR
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Computer equipment
Fixtures and fittings
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2. Property, plant and equipment |
4,252
208
4,044
4,044
208
4,252
Provision for depreciation and impairment |
4,252
208
4,044
4,252
208
4,044
-
-
-
-
-
-
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For the year ended 30 April 2024
Your Local Accountants Limited
Notes to the Financial Statements Continued
3. Trade and other receivables |
2023
2024
107,084
133,653
8,406
5,000
138,653
115,490
4. Trade and other payables: amounts falling due within one year |
2023
2024
1,391
12,665
Taxation and social security |
17,425
17,902
98,751
92,203
117,567
122,770
5. Trade and other payables: amounts falling due after more than one year |
2023
2024
10,517
15,742
6. Average number of persons employed |
During the year the average number of employees was 0
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