IRIS Accounts Production v24.3.2.46 SC404120 Board of Directors Board of Directors 1.2.24 31.1.25 31.1.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC4041202024-01-31SC4041202025-01-31SC4041202024-02-012025-01-31SC4041202023-01-31SC4041202023-02-012024-01-31SC4041202024-01-31SC404120ns15:Scotland2024-02-012025-01-31SC404120ns14:PoundSterling2024-02-012025-01-31SC404120ns10:Director12024-02-012025-01-31SC404120ns10:Director22024-02-012025-01-31SC404120ns10:PrivateLimitedCompanyLtd2024-02-012025-01-31SC404120ns10:SmallEntities2024-02-012025-01-31SC404120ns10:AuditExempt-NoAccountantsReport2024-02-012025-01-31SC404120ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-31SC404120ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-31SC404120ns10:FullAccounts2024-02-012025-01-31SC404120ns10:RegisteredOffice2024-02-012025-01-31SC404120ns5:CurrentFinancialInstruments2025-01-31SC404120ns5:CurrentFinancialInstruments2024-01-31SC404120ns5:ShareCapital2025-01-31SC404120ns5:ShareCapital2024-01-31SC404120ns5:RetainedEarningsAccumulatedLosses2025-01-31SC404120ns5:RetainedEarningsAccumulatedLosses2024-01-31SC404120ns5:ComputerEquipment2024-02-012025-01-31SC404120ns5:ComputerEquipment2024-01-31SC404120ns5:ComputerEquipment2025-01-31SC404120ns5:ComputerEquipment2024-01-31SC404120ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-31SC404120ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-31SC404120ns5:DeferredTaxation2024-01-31SC404120ns5:DeferredTaxation2024-02-012025-01-31SC404120ns5:DeferredTaxation2025-01-31SC404120ns5:RetainedEarningsAccumulatedLosses2024-01-31SC404120ns5:RetainedEarningsAccumulatedLosses2024-02-012025-01-31
REGISTERED NUMBER: SC404120 (Scotland)















Unaudited Financial Statements for the Year Ended 31 January 2025

for

336 Financial Management Ltd

336 Financial Management Ltd (Registered number: SC404120)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


336 Financial Management Ltd

Company Information
for the Year Ended 31 January 2025







DIRECTORS: E Walker
D Young





REGISTERED OFFICE: Thistle House
21-23 Thistle Street
Edinburgh
EH2 1DF





REGISTERED NUMBER: SC404120 (Scotland)





ACCOUNTANTS: Bennett and Co
Chartered Accountants
25 Lanark Road
Edinburgh
EH14 1TG

336 Financial Management Ltd (Registered number: SC404120)

Statement of Financial Position
31 January 2025

31.1.25 31.1.24
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,460 4,753

CURRENT ASSETS
Debtors 5 96,434 82,746
Cash at bank 840,179 999,490
936,613 1,082,236
CREDITORS
Amounts falling due within one year 6 (263,369 ) (243,630 )
NET CURRENT ASSETS 673,244 838,606
TOTAL ASSETS LESS CURRENT
LIABILITIES

679,704

843,359

PROVISIONS FOR LIABILITIES 7 (1,615 ) (1,072 )
NET ASSETS 678,089 842,287

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings 8 677,789 841,987
SHAREHOLDERS' FUNDS 678,089 842,287

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

336 Financial Management Ltd (Registered number: SC404120)

Statement of Financial Position - continued
31 January 2025


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 28 February 2025 and were signed on its behalf by:




D Young - Director



E Walker - Director


336 Financial Management Ltd (Registered number: SC404120)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

336 Financial Management Ltd is a private company, limited by shares , registered in Scotland. 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 represents income received for providing financial advice.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Office equipment - 20% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
Contributions made to individual employees and directors pension schemes are charged to the company's profit and loss account for the year in which they are payable to the scheme.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

336 Financial Management Ltd (Registered number: SC404120)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 February 2024 39,831
Additions 5,650
Disposals (6,293 )
At 31 January 2025 39,188
DEPRECIATION
At 1 February 2024 35,078
Charge for year 3,943
Eliminated on disposal (6,293 )
At 31 January 2025 32,728
NET BOOK VALUE
At 31 January 2025 6,460
At 31 January 2024 4,753

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 58,328 55,228
Other debtors 38,106 27,518
96,434 82,746

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Corporation tax 260,501 236,706
Other creditors 2,868 6,924
263,369 243,630

7. PROVISIONS FOR LIABILITIES
31.1.25 31.1.24
£    £   
Deferred tax 1,615 1,072

Deferred
tax
£   
Balance at 1 February 2024 1,072
Provided during year 543
Balance at 31 January 2025 1,615

336 Financial Management Ltd (Registered number: SC404120)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

8. RESERVES
Retained
earnings
£   

At 1 February 2024 841,987
Profit for the year 780,802
Dividends (945,000 )
At 31 January 2025 677,789

9. RELATED PARTY DISCLOSURES

During the year, total dividends of £819,000 (2024 - £520,000) were paid to the directors .

10. ULTIMATE CONTROLLING PARTY

The controlling party is D Young.