IRIS Accounts Production v25.1.4.42 04127081 Board of Directors Board of Directors Board of Directors 1.1.24 31.12.24 31.12.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh041270812023-12-31041270812024-12-31041270812024-01-012024-12-31041270812022-12-31041270812023-01-012023-12-31041270812023-12-3104127081ns15:EnglandWales2024-01-012024-12-3104127081ns14:PoundSterling2024-01-012024-12-3104127081ns10:Director12024-01-012024-12-3104127081ns10:Director22024-01-012024-12-3104127081ns10:Director32024-01-012024-12-3104127081ns10:PrivateLimitedCompanyLtd2024-01-012024-12-3104127081ns10:SmallEntities2024-01-012024-12-3104127081ns10:AuditExempt-NoAccountantsReport2024-01-012024-12-3104127081ns10:SmallCompaniesRegimeForDirectorsReport2024-01-012024-12-3104127081ns10:SmallCompaniesRegimeForAccounts2024-01-012024-12-3104127081ns10:FullAccounts2024-01-012024-12-310412708112024-01-012024-12-3104127081ns10:CompanySecretary12024-01-012024-12-3104127081ns10:RegisteredOffice2024-01-012024-12-3104127081ns5:CurrentFinancialInstruments2024-12-3104127081ns5:CurrentFinancialInstruments2023-12-3104127081ns5:ShareCapital2024-12-3104127081ns5:ShareCapital2023-12-3104127081ns5:RetainedEarningsAccumulatedLosses2024-12-3104127081ns5:RetainedEarningsAccumulatedLosses2023-12-3104127081ns5:NetGoodwill2024-01-012024-12-3104127081ns5:FurnitureFittings2024-01-012024-12-3104127081ns5:ComputerEquipment2024-01-012024-12-3104127081ns5:NetGoodwill2023-12-3104127081ns5:NetGoodwill2024-12-3104127081ns5:NetGoodwill2023-12-3104127081ns5:FurnitureFittings2023-12-3104127081ns5:ComputerEquipment2023-12-3104127081ns5:FurnitureFittings2024-12-3104127081ns5:ComputerEquipment2024-12-3104127081ns5:FurnitureFittings2023-12-3104127081ns5:ComputerEquipment2023-12-3104127081ns5:WithinOneYearns5:CurrentFinancialInstruments2024-12-3104127081ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3104127081ns5:DeferredTaxation2023-12-3104127081ns5:DeferredTaxation2024-01-012024-12-3104127081ns5:DeferredTaxation2024-12-31
REGISTERED NUMBER: 04127081 (England and Wales)












Cathedral Independent Financial Planning
Limited

Unaudited Financial Statements

for the Year Ended 31 December 2024






Cathedral Independent Financial Planning
Limited (Registered number: 04127081)






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




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 6


Cathedral Independent Financial Planning
Limited

Company Information
for the Year Ended 31 December 2024







DIRECTORS: M Chapman
N S Stevenson
Miss L J Caldecott





SECRETARY: Miss L J Caldecott





REGISTERED OFFICE: 11 Mill Road
Cranfield
Bedfordshire
MK43 0JG





REGISTERED NUMBER: 04127081 (England and Wales)





ACCOUNTANTS: Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW

Cathedral Independent Financial Planning
Limited (Registered number: 04127081)

Balance Sheet
31 December 2024

31/12/24 31/12/23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 9,047 3,018
9,047 3,018

CURRENT ASSETS
Debtors 6 39,499 33,549
Cash at bank and in hand 224,054 174,636
263,553 208,185
CREDITORS
Amounts falling due within one year 7 (126,733 ) (95,801 )
NET CURRENT ASSETS 136,820 112,384
TOTAL ASSETS LESS CURRENT
LIABILITIES

145,867

115,402

PROVISIONS FOR LIABILITIES 8 (2,262 ) (755 )
NET ASSETS 143,605 114,647

CAPITAL AND RESERVES
Called up share capital 43,000 43,000
Retained earnings 100,605 71,647
SHAREHOLDERS' FUNDS 143,605 114,647

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 directors acknowledge their 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.

Cathedral Independent Financial Planning
Limited (Registered number: 04127081)

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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2025 and were signed on its behalf by:




M Chapman - Director N S Stevenson - Director




Miss L J Caldecott - Director


Cathedral Independent Financial Planning
Limited (Registered number: 04127081)

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

1. STATUTORY INFORMATION

Cathedral Independent Financial Planning 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.

Turnover
Turnover represents sales of services and commission income.

Goodwill
All acquired goodwill is amortised on a straight line basis over 10 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% reducing balance
Computer equipment - 33.33% straight line

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement.

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 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 and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation liabilities are not discounted.

Pension costs and other post-retirement benefits
The pension costs charged in the financial statements represent the contributions payable by the company for the year.


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 9 ) .

Cathedral Independent Financial Planning
Limited (Registered number: 04127081)

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2024
and 31 December 2024 205,606
AMORTISATION
At 1 January 2024
and 31 December 2024 205,606
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2024 29,439 45,157 74,596
Additions 1,849 6,637 8,486
At 31 December 2024 31,288 51,794 83,082
DEPRECIATION
At 1 January 2024 27,129 44,449 71,578
Charge for year 678 1,779 2,457
At 31 December 2024 27,807 46,228 74,035
NET BOOK VALUE
At 31 December 2024 3,481 5,566 9,047
At 31 December 2023 2,310 708 3,018

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Other debtors 39,499 33,549

Cathedral Independent Financial Planning
Limited (Registered number: 04127081)

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

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/24 31/12/23
£    £   
Taxation and social security 111,742 81,212
Other creditors 14,991 14,589
126,733 95,801

8. PROVISIONS FOR LIABILITIES
31/12/24 31/12/23
£    £   
Deferred tax 2,262 755

Deferred
tax
£   
Balance at 1 January 2024 755
Provided during year 1,507
Balance at 31 December 2024 2,262