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REGISTERED NUMBER: 08106679 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 JUNE 2024

FOR

EXCHEQUER RISK MANAGEMENT LTD

EXCHEQUER RISK MANAGEMENT LTD (REGISTERED NUMBER: 08106679)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


EXCHEQUER RISK MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: T J Roberts





REGISTERED OFFICE: No. 3 Siskin Drive
Middlemarch Business Park
Coventry
Warwickshire
CV3 4FJ





REGISTERED NUMBER: 08106679 (England and Wales)





ACCOUNTANTS: Askews Chartered Certified Accountants
5 The Quadrant
Coventry
West Midlands
CV1 2EL

EXCHEQUER RISK MANAGEMENT LTD (REGISTERED NUMBER: 08106679)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 6,285 6,491
6,285 6,491

CURRENT ASSETS
Debtors 6 570,586 852,495
Cash at bank 6,048 101,487
576,634 953,982
CREDITORS
Amounts falling due within one year 7 382,213 766,794
NET CURRENT ASSETS 194,421 187,188
TOTAL ASSETS LESS CURRENT
LIABILITIES

200,706

193,679

CREDITORS
Amounts falling due after more than one
year

8

72,813

111,379
NET ASSETS 127,893 82,300

CAPITAL AND RESERVES
Called up share capital 41,806 41,806
Retained earnings 86,087 40,494
127,893 82,300

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

EXCHEQUER RISK MANAGEMENT LTD (REGISTERED NUMBER: 08106679)

BALANCE SHEET - continued
30 JUNE 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 2 January 2025 and were signed by:





T J Roberts - Director


EXCHEQUER RISK MANAGEMENT LTD (REGISTERED NUMBER: 08106679)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024


1. STATUTORY INFORMATION

Exchequer Risk Management 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.

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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of three years.

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% straight line
Computer equipment - 20% straight line

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.

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
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 3 (2023 - 5 ) .

EXCHEQUER RISK MANAGEMENT LTD (REGISTERED NUMBER: 08106679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 July 2023
and 30 June 2024 83,212
AMORTISATION
At 1 July 2023
and 30 June 2024 83,212
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 -

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 July 2023 56,680 10,275 66,955
Additions - 2,085 2,085
At 30 June 2024 56,680 12,360 69,040
DEPRECIATION
At 1 July 2023 56,680 3,784 60,464
Charge for year - 2,291 2,291
At 30 June 2024 56,680 6,075 62,755
NET BOOK VALUE
At 30 June 2024 - 6,285 6,285
At 30 June 2023 - 6,491 6,491

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 467,790
Amounts owed by group undertakings 562,261 339,627
Other debtors 8,325 45,078
570,586 852,495

EXCHEQUER RISK MANAGEMENT LTD (REGISTERED NUMBER: 08106679)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 42,938 27,398
Trade creditors 16,384 524,254
Amounts owed to group undertakings 8,218 79,175
Taxation and social security 146,340 129,838
Other creditors 168,333 6,129
382,213 766,794

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 72,813 111,379

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
T J Roberts
Balance outstanding at start of year 31,556 (36,170 )
Amounts advanced 194,174 162,726
Amounts repaid (225,730 ) (95,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 31,556