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REGISTERED NUMBER: 11225294 (England and Wales)







Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Scottsbridge Financial Planning Ltd

Scottsbridge Financial Planning Ltd (Registered number: 11225294)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Scottsbridge Financial Planning Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTOR: Mr S M Arnold





SECRETARY: Mrs S L Arnold





REGISTERED OFFICE: 140 Plummers Hill
Bristol
BS5 7JJ





REGISTERED NUMBER: 11225294 (England and Wales)





ACCOUNTANTS: Dunkley's
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
United Kingdom
BS32 4JY

Scottsbridge Financial Planning Ltd (Registered number: 11225294)

Balance Sheet
28 February 2025

28.2.25 28.2.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,460 3,327
3,460 3,327

CURRENT ASSETS
Prepayments and accrued income 27 67
Cash at bank 36,671 32,347
36,698 32,414
CREDITORS
Amounts falling due within one year 6 11,779 11,156
NET CURRENT ASSETS 24,919 21,258
TOTAL ASSETS LESS CURRENT LIABILITIES 28,379 24,585

CREDITORS
Amounts falling due after more than one year 7 (4,570 ) (5,645 )

PROVISIONS FOR LIABILITIES (657 ) (632 )
NET ASSETS 23,152 18,308

CAPITAL AND RESERVES
Called up share capital 8 4,000 4,000
Retained earnings 9 19,152 14,308
SHAREHOLDERS' FUNDS 23,152 18,308

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 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.

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 10 June 2025 and were signed by:




Mr S M Arnold - Director


Scottsbridge Financial Planning Ltd (Registered number: 11225294)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Scottsbridge 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 2018, is being amortised evenly over its estimated useful life of six years.

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.

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 - Straight line over 4 years
Fixtures and fittings - Straight line over 4 years
Computer equipment - Straight line over 4 years

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.

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 2 (2024 - 3 ) .

Scottsbridge Financial Planning Ltd (Registered number: 11225294)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 29 February 2024
and 28 February 2025 31,084
AMORTISATION
At 29 February 2024
and 28 February 2025 31,084
NET BOOK VALUE
At 28 February 2025 -
At 28 February 2024 -

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 29 February 2024 1,800 350 2,554 4,704
Additions - - 1,367 1,367
At 28 February 2025 1,800 350 3,921 6,071
DEPRECIATION
At 29 February 2024 684 58 635 1,377
Charge for year 450 88 696 1,234
At 28 February 2025 1,134 146 1,331 2,611
NET BOOK VALUE
At 28 February 2025 666 204 2,590 3,460
At 28 February 2024 1,116 292 1,919 3,327

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 28.2.24
£    £   
Bank loans and overdrafts 1,075 1,075
Tax 7,118 5,478
Social security and other taxes 1,547 940
Other creditors - 24
Directors' current accounts 151 1,838
Accruals and deferred income 1,888 1,801
11,779 11,156

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
28.2.25 28.2.24
£    £   
Bank loans - 1-2 years 1,075 1,075
Bank loans - 2-5 years 3,226 3,226
Bank loans more 5 yr by instal 269 1,344
4,570 5,645

Scottsbridge Financial Planning Ltd (Registered number: 11225294)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
28.2.25 28.2.24
£    £   
Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 269 1,344

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.25 28.2.24
value: £    £   
4,000 Ordinary £1 4,000 4,000

9. RESERVES
Retained
earnings
£   

At 29 February 2024 14,308
Profit for the year 29,844
Dividends (25,000 )
At 28 February 2025 19,152