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Company Registration No. 06660819 (England and Wales)
Expert Financial Limited Unaudited accounts for the year ended 31 December 2024
Expert Financial Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Expert Financial Limited Company Information for the year ended 31 December 2024
Directors
Matthew William Hays Samuel Shortt
Company Number
06660819 (England and Wales)
- 3 -
Expert Financial Limited Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
47,114 
71,186 
Current assets
Debtors
5
147,516 
104,027 
Cash at bank and in hand
17,519 
14,375 
165,035 
118,402 
Creditors: amounts falling due within one year
6
(113,514)
(82,995)
Net current assets
51,521 
35,407 
Total assets less current liabilities
98,635 
106,593 
Creditors: amounts falling due after more than one year
7
(88,166)
(100,701)
Net assets
10,469 
5,892 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
10,369 
5,792 
Shareholders' funds
10,469 
5,892 
For the year ending 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2025 and were signed on its behalf by
Matthew William Hays Director Company Registration No. 06660819
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Expert Financial Limited Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Expert Financial Limited is a private company, limited by shares, registered in England and Wales, registration number 06660819.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
33% Straight Line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
69,895 
20,787 
90,682 
Additions
- 
998 
998 
At 31 December 2024
69,895 
21,785 
91,680 
Depreciation
At 1 January 2024
1,942 
17,554 
19,496 
Charge for the year
21,357 
3,713 
25,070 
At 31 December 2024
23,299 
21,267 
44,566 
Net book value
At 31 December 2024
46,596 
518 
47,114 
At 31 December 2023
67,953 
3,233 
71,186 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
119,763 
100,277 
Other debtors
27,753 
3,750 
147,516 
104,027 
- 5 -
Expert Financial Limited Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
7,800 
6,861 
Obligations under finance leases and hire purchase contracts
6,352 
3,799 
Taxes and social security
78,749 
56,098 
Other creditors
931 
1,166 
Loans from directors
- 
(11,400)
Accruals
19,682 
26,471 
113,514 
82,995 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
29,403 
35,586 
Obligations under finance leases and hire purchase contracts
58,763 
65,115 
88,166 
100,701 
8
Average number of employees
During the year the average number of employees was 9 (2023: 9).
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