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REGISTERED NUMBER: 12626925 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

CG FINANCIAL PLANNING LIMITED

CG FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 12626925)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Accountants' Report 7

CG FINANCIAL PLANNING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTOR: C P Gordon





REGISTERED OFFICE: Avebury House
6 St Peter Street
Winchester
Hampshire
SO23 8BN





REGISTERED NUMBER: 12626925 (England and Wales)





ACCOUNTANTS: Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN

CG FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 12626925)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,407 1,977

CURRENT ASSETS
Debtors 5 80,205 70,527
Cash at bank 34,172 20,692
114,377 91,219
CREDITORS
Amounts falling due within one year 6 28,227 18,022
NET CURRENT ASSETS 86,150 73,197
TOTAL ASSETS LESS CURRENT
LIABILITIES

87,557

75,174

PROVISIONS FOR LIABILITIES 325 431
NET ASSETS 87,232 74,743

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 87,132 74,643
87,232 74,743

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

CG FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 12626925)

BALANCE SHEET - continued
31 MAY 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 27 February 2025 and were signed by:





C P Gordon - Director


CG FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 12626925)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024


1. STATUTORY INFORMATION

CG Financial Planning 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.

Plant and Machinery - 20% reducing balance.
Computer Equipment - 33% straight line.

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated
depreciation and impairment losses

Financial instruments
Short term debtors and creditors are recorded at transaction price. Any losses arising from impairment are recongised in the profit and loss account.

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 1 (2023 - 1 ) .

CG FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 12626925)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 June 2023 3,676
Additions 312
At 31 May 2024 3,988
DEPRECIATION
At 1 June 2023 1,699
Charge for year 882
At 31 May 2024 2,581
NET BOOK VALUE
At 31 May 2024 1,407
At 31 May 2023 1,977

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 80,205 70,527

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 25,242 16,036
Other creditors 2,985 1,986
28,227 18,022

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
C P Gordon
Balance outstanding at start of year 56,910 25,800
Amounts advanced 80,724 31,110
Amounts repaid (57,564 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 80,070 56,910

Interest has been charged on the loan at the appropriate rate in accordance with HMRC guidance.

CG FINANCIAL PLANNING LIMITED (REGISTERED NUMBER: 12626925)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2024


8. RELATED PARTY DISCLOSURES

J S Gordon

Shareholder

In the 2023 financial year J Gordon resigned as director and therefore the directors loan balance outstanding at that time was reclassified as a shareholder loan

2024 2023
£    £   
Amount due from / (to) related party at the balance sheet date (541 ) 13,481

The loan provided is interest free and repayable on demand.

ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
CG FINANCIAL PLANNING LIMITED


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of CG Financial Planning Limited for the year ended 31 May 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of CG Financial Planning Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CG Financial Planning Limited and state those matters that we have agreed to state to the director of CG Financial Planning Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than CG Financial Planning Limited and its director for our work or for this report.

It is your duty to ensure that CG Financial Planning Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of CG Financial Planning Limited. You consider that CG Financial Planning Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of CG Financial Planning Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Rothmans LLP
Avebury House
St Peter Street
Winchester
Hampshire
SO23 8BN


27 February 2025