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REGISTERED NUMBER: 13095386 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 December 2024

for

Expert Mortgages Herts & Cambs Ltd

Expert Mortgages Herts & Cambs Ltd (Registered number: 13095386)






Contents of the Financial Statements
for the Year Ended 31 December 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Expert Mortgages Herts & Cambs Ltd

Company Information
for the Year Ended 31 December 2024







DIRECTOR: Mr N O Wise





REGISTERED OFFICE: Hardcastle Burton,
Market Hill
Royston
United Kingdom
SG8 9JN





BUSINESS ADDRESS: 3 Kiln House Yard
Baldock Street
Royston
Hertfordshire
SG8 5AY





REGISTERED NUMBER: 13095386 (England and Wales)





ACCOUNTANTS: Hardcastle Burton LLP
Lake House
Market Hill
Royston
Hertfordshire
SG8 9JN

Expert Mortgages Herts & Cambs Ltd (Registered number: 13095386)

Abridged Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,926 1,737

CURRENT ASSETS
Debtors 1 1
Cash at bank 2,552 867
2,553 868
CREDITORS
Amounts falling due within one year 16,427 19,699
NET CURRENT LIABILITIES (13,874 ) (18,831 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(10,948

)

(17,094

)

CREDITORS
Amounts falling due after more than one
year

165,958

139,910
NET LIABILITIES (176,906 ) (157,004 )

CAPITAL AND RESERVES
Called up share capital 5 1 1
Retained earnings (176,907 ) (157,005 )
SHAREHOLDERS' FUNDS (176,906 ) (157,004 )

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

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

Expert Mortgages Herts & Cambs Ltd (Registered number: 13095386)

Abridged Balance Sheet - continued
31 December 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 April 2025 and were signed by:





Mr N O Wise - Director


Expert Mortgages Herts & Cambs Ltd (Registered number: 13095386)

Notes to the Financial Statements
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Expert Mortgages Herts & Cambs 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
The financial statements have been prepared on a going concern basis. The Directors consider the basis to be appropriate despite the fact that the balance sheet shows net current liabilities at 31st December 2022. The company is generating sufficient cash flows on a weekly basis together with support of its directors to meet it current liabilities.

Should the company be unable to continue trading, adjustments would have been made to adjust the value of the assets to their recoverable amount, to provide for any further liabilities which might arise.

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 & Machinery - 15% Reducing Balance
Fixtures & Fittings - IT Equip - 25% Reducing Balance
Fixtures & Fittings - furniture - 15% Reducing Balance

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.

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.

Expert Mortgages Herts & Cambs Ltd (Registered number: 13095386)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 3 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 2,724
Additions 1,848
At 31 December 2024 4,572
DEPRECIATION
At 1 January 2024 987
Charge for year 659
At 31 December 2024 1,646
NET BOOK VALUE
At 31 December 2024 2,926
At 31 December 2023 1,737

5. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.24 31.12.23
value: £    £   
1 Ordinary 1 1 1