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Company Registration No. 03843069 (England and Wales)
Money Matters Independent Ltd Unaudited accounts for the year ended 31 December 2024
Money Matters Independent Ltd Unaudited accounts Contents
Page
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Money Matters Independent Ltd Company Information for the year ended 31 December 2024
Director
Mr P N Roberts
Company Number
03843069 (England and Wales)
Registered Office
Pinfold Low Catton YORK YO41 1ED
Accountants
Woolley & Co - Accountants and Chartered Tax Advisors Crown House, York Road Shiptonthorpe York East Yorkshire YO43 3PF
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Money Matters Independent Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
1,157 
Current assets
Debtors
- 
500 
Cash at bank and in hand
15,215 
10,711 
15,215 
11,211 
Creditors: amounts falling due within one year
(22,027)
(30,101)
Net current liabilities
(6,812)
(18,890)
Net liabilities
(6,812)
(17,733)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(6,912)
(17,833)
Shareholders' funds
(6,812)
(17,733)
For the year ending 31 December 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 10 February 2025 and were signed on its behalf by
Mr P N Roberts Director Company Registration No. 03843069
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Money Matters Independent Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Money Matters Independent Ltd is a private company, limited by shares, registered in England and Wales, registration number 03843069. The registered office is Pinfold, Low Catton, YORK, YO41 1ED.
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:
Fixtures & fittings
20% on a reducing balance
Computer equipment
30% on a reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
14,000 
At 31 December 2024
14,000 
Amortisation
At 1 January 2024
14,000 
At 31 December 2024
14,000 
Net book value
At 31 December 2024
- 
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Money Matters Independent Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
8,176 
9,642 
17,818 
At 31 December 2024
8,176 
9,642 
17,818 
Depreciation
At 1 January 2024
8,176 
8,485 
16,661 
Charge for the year
- 
1,157 
1,157 
At 31 December 2024
8,176 
9,642 
17,818 
Net book value
At 31 December 2024
- 
- 
- 
At 31 December 2023
- 
1,157 
1,157 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
- 
500 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
131 
Loans from directors
21,109 
29,070 
Accruals
918 
900 
22,027 
30,101 
8
Post balance sheet events
The company disposed of its goodwill on 7 January 2025 for £80,000. The company effectively ceased its trade as Financial Advisors at that date.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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