Kingswood Partnership Financial Planning Limited
Notes to the Accounts
for the year ended 31 October 2024
1. Statutory information
Kingswood Partnership Financial Planning Limited is a private company, limited by shares, registered in England & Wales, registration number 10436770. The registered office is One Ash, Loughborough Road, Loughborough, Leicestershire, LE12 8UE.
2. Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3. Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
4. Tangible fixed assets
Computer
Total
At 1 November 2023
23,963
23,963
At 31 October 2024
26,144
26,144
At 1 November 2023
9,452
9,452
Charge for the year
7,159
7,159
At 31 October 2024
16,611
16,611
At 31 October 2024
9,533
9,533
At 31 October 2023
14,511
14,511
Amounts falling due within one year
Trade debtors
356,481
238,819
Accrued income and prepayments
6,997
7,651
6. Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,939
9,500
Trade creditors
32,574
11,437
Taxes and social security
3,077
1,524
Loans from directors
334,070
297,818