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REGISTERED NUMBER: 04661420 (England and Wales)















Assured Searches Ltd

Unaudited Financial Statements

for the Year Ended 31 August 2024






Assured Searches Ltd (Registered number: 04661420)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Assured Searches Ltd

Company Information
for the Year Ended 31 August 2024







DIRECTORS: M J Benger
I M Benger





SECRETARY: M J Benger





REGISTERED OFFICE: 2430 The Quadrant
Aztec West
Almondsbury
Bristol
BS32 4AQ





REGISTERED NUMBER: 04661420 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
Accountants & Business Advisors
Highdale House
7 Centre Court
Treforest Industrial Estate
Pontypridd
Rhondda Cynon Taff
CF37 5YR

Assured Searches Ltd (Registered number: 04661420)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,344 25,854

CURRENT ASSETS
Debtors 5 236,124 165,758
Cash at bank 43,188 44,774
279,312 210,532
CREDITORS
Amounts falling due within one year 6 142,679 93,218
NET CURRENT ASSETS 136,633 117,314
TOTAL ASSETS LESS CURRENT
LIABILITIES

155,977

143,168

CREDITORS
Amounts falling due after more than one year 7 (27,787 ) (33,228 )

PROVISIONS FOR LIABILITIES (4,836 ) (4,912 )
NET ASSETS 123,354 105,028

CAPITAL AND RESERVES
Called up share capital 1,500 1,500
Retained earnings 121,854 103,528
123,354 105,028

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 27 January 2025 and were signed on its behalf by:





I M Benger - Director


Assured Searches Ltd (Registered number: 04661420)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Assured Searches Ltd 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 represents net invoiced sales of property and land searches packs, excluding value added tax.

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 cost
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

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.

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 4 (2023 - 4 ) .

Assured Searches Ltd (Registered number: 04661420)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 September 2023 6,736 35,087 31,790 73,613
Additions - - 831 831
At 31 August 2024 6,736 35,087 32,621 74,444
DEPRECIATION
At 1 September 2023 3,368 19,950 24,441 47,759
Charge for year 1,684 3,785 1,872 7,341
At 31 August 2024 5,052 23,735 26,313 55,100
NET BOOK VALUE
At 31 August 2024 1,684 11,352 6,308 19,344
At 31 August 2023 3,368 15,137 7,349 25,854

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Trade debtors 69,366 35,324
Other debtors 166,758 130,434
236,124 165,758

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 5,441 15,446
Trade creditors - 1,361
Taxation and social security 55,923 29,333
Other creditors 81,315 47,078
142,679 93,218

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 27,787 33,228

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 4,610 10,623

8. SECURED DEBTS

The following secured debts are included within creditors:

31.8.24 31.8.23
£    £   
Bank loans 33,228 48,674

Assured Searches Ltd (Registered number: 04661420)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
M J Benger
Balance outstanding at start of year 13,376 40,866
Amounts advanced - 13,950
Amounts repaid (13,376 ) (41,440 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 13,376

I M Benger
Balance outstanding at start of year 53,358 (776 )
Amounts advanced 118,249 67,314
Amounts repaid (68,550 ) (13,180 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 103,057 53,358

10. RELATED PARTY DISCLOSURES

During the year there were £25,000 (2023: £15,000) cost incurred from a company related through common shareholders. At the year end £36,670 (2023: £14,750 ) was due to this company and £1,339 (2023:£nil) was due from it.