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REGISTERED NUMBER: 09091632 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Liberty Financial Services (UK) Limited

Liberty Financial Services (UK) Limited (Registered number: 09091632)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Liberty Financial Services (UK) Limited

Company Information
for the Year Ended 31 March 2024







Director: L R Davies





Secretary: Miss R Davies





Registered office: Bryn Corun
Glyncoli Road
Treorchy
Mid Glamorgan
CF42 6SB





Registered number: 09091632 (England and Wales)





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
101 Dunraven Street
Tonypandy
CF40 1AR

Liberty Financial Services (UK) Limited (Registered number: 09091632)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
Fixed assets
Tangible assets 4 94 186

Current assets
Debtors 5 19,569 39,104
Cash at bank - 430
19,569 39,534
Creditors
Amounts falling due within one year 6 34,348 36,179
Net current (liabilities)/assets (14,779 ) 3,355
Total assets less current liabilities (14,685 ) 3,541

Creditors
Amounts falling due after more than one year 7 12,515 13,715
Net liabilities (27,200 ) (10,174 )

Capital and reserves
Called up share capital 100 100
Retained earnings (27,300 ) (10,274 )
Shareholders' funds (27,200 ) (10,174 )

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

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

Liberty Financial Services (UK) Limited (Registered number: 09091632)

Balance Sheet - continued
31 March 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 27 June 2025 and were signed by:





L R Davies - Director


Liberty Financial Services (UK) Limited (Registered number: 09091632)

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

1. Statutory information

Liberty Financial Services (UK) Limited 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.

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 etc - 33% on 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.

3. Employees and directors

The average number of employees during the year was 1 (2023 - 1 ) .

Liberty Financial Services (UK) Limited (Registered number: 09091632)

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

4. Tangible fixed assets
Plant and
machinery
etc
£   
Cost
At 1 April 2023
and 31 March 2024 2,603
Depreciation
At 1 April 2023 2,417
Charge for year 92
At 31 March 2024 2,509
Net book value
At 31 March 2024 94
At 31 March 2023 186

5. Debtors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Other debtors 19,569 39,104

6. Creditors: amounts falling due within one year
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 4,485 4,485
Trade creditors 3,284 3,868
Taxation and social security 26,579 27,826
34,348 36,179

7. Creditors: amounts falling due after more than one year
31.3.24 31.3.23
£    £   
Bank loans 12,515 13,715

Liberty Financial Services (UK) Limited (Registered number: 09091632)

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

8. Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
L R Davies
Balance outstanding at start of year 29,721 40,716
Amounts repaid (15,090 ) (10,995 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,631 29,721

9. Ultimate controlling party

The controlling party is L R Davies.

10. Going concern

The financial accounts have been prepared on a going concern basis despite the business reporting net liabilities of £27,200.

The director and shareholder have confirmed their continued support to the company and they believe that the financial measures put in place are sufficient in order to allow the company to continue trading profitably for at least the next 12 months.