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REGISTERED NUMBER: 09755704 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

CACTUS FINANCIAL PLANNING LTD

CACTUS FINANCIAL PLANNING LTD (REGISTERED NUMBER: 09755704)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CACTUS FINANCIAL PLANNING LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2024







DIRECTOR: B J Ellis





REGISTERED OFFICE: 12 Imperial Square
Cheltenham
Glos.
GL50 1QB





REGISTERED NUMBER: 09755704 (England and Wales)





ACCOUNTANTS: Lawes & Co
Boyce's Building
40-42 Regent Street
Clifton
Bristol
BS8 4HU

CACTUS FINANCIAL PLANNING LTD (REGISTERED NUMBER: 09755704)

BALANCE SHEET
30 SEPTEMBER 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 94,500 -
Tangible assets 5 3,122 1,915
97,622 1,915

CURRENT ASSETS
Debtors 6 4,402 62,063
Cash at bank and in hand 52,670 33,184
57,072 95,247
CREDITORS
Amounts falling due within one year 7 139,314 75,845
NET CURRENT (LIABILITIES)/ASSETS (82,242 ) 19,402
TOTAL ASSETS LESS CURRENT
LIABILITIES

15,380

21,317

CREDITORS
Amounts falling due after more than
one year

8

(4,998

)

(9,412

)

PROVISIONS FOR LIABILITIES (593 ) (364 )
NET ASSETS 9,789 11,541

CAPITAL AND RESERVES
Called up share capital 10 100 100
Retained earnings 9,689 11,441
SHAREHOLDERS' FUNDS 9,789 11,541

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

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

CACTUS FINANCIAL PLANNING LTD (REGISTERED NUMBER: 09755704)

BALANCE SHEET - continued
30 SEPTEMBER 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 12 March 2025 and were signed by:





B J Ellis - Director


CACTUS FINANCIAL PLANNING LTD (REGISTERED NUMBER: 09755704)

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

1. STATUTORY INFORMATION

Cactus Financial Planning 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Motor vehicles - 20% on cost
Computer equipment - 25% 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 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.

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.

CACTUS FINANCIAL PLANNING LTD (REGISTERED NUMBER: 09755704)

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

2. ACCOUNTING POLICIES - continued

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 7 (2023 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 October 2023 47,500
Additions 105,000
At 30 September 2024 152,500
AMORTISATION
At 1 October 2023 47,500
Charge for year 10,500
At 30 September 2024 58,000
NET BOOK VALUE
At 30 September 2024 94,500
At 30 September 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 October 2023 6,034 1,149 11,390 18,573
Additions 1,114 - 2,070 3,184
At 30 September 2024 7,148 1,149 13,460 21,757
DEPRECIATION
At 1 October 2023 4,958 460 11,240 16,658
Charge for year 1,081 229 667 1,977
At 30 September 2024 6,039 689 11,907 18,635
NET BOOK VALUE
At 30 September 2024 1,109 460 1,553 3,122
At 30 September 2023 1,076 689 150 1,915

CACTUS FINANCIAL PLANNING LTD (REGISTERED NUMBER: 09755704)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 4,022 60,338
Other debtors 380 1,725
4,402 62,063

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans and overdrafts 4,810 4,691
Taxation and social security 34,558 42,377
Other creditors 99,946 28,777
139,314 75,845

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans 4,998 9,412

9. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30.9.24 30.9.23
£    £   
Within one year 20,671 -
Between one and five years 17,815 -
38,486 -

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
90 Ordinary A £1 90 90
10 Ordinary B £1 10 10
100 100

CACTUS FINANCIAL PLANNING LTD (REGISTERED NUMBER: 09755704)

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

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

30.9.24 30.9.23
£    £   
B J Ellis
Balance outstanding at start of year (26,719 ) 17,587
Amounts advanced 3,093 -
Amounts repaid - (44,306 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (23,626 ) (26,719 )

12. ULTIMATE CONTROLLING PARTY

The controlling party is B J Ellis.