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Registered number: 04992062
Graphite Financial Services Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
FMA Accountants
Chartered Certified Accountants
C/O FMA Online Ltd
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 04992062
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 2,116 1,115
Investments 5 496,151 481,006
498,267 482,121
CURRENT ASSETS
Debtors 6 100 100
Cash at bank and in hand 176,384 64,610
176,484 64,710
Creditors: Amounts Falling Due Within One Year 7 (64,334 ) (50,348 )
NET CURRENT ASSETS (LIABILITIES) 112,150 14,362
TOTAL ASSETS LESS CURRENT LIABILITIES 610,417 496,483
NET ASSETS 610,417 496,483
CAPITAL AND RESERVES
Called up share capital 8 110 110
Revaluation reserve 9 35,496 20,351
Profit and Loss Account 574,811 476,022
SHAREHOLDERS' FUNDS 610,417 496,483
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Charles Scholefield
Director
03/09/2025
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Graphite Financial Services Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04992062 . The registered office is 22 Lavington Road, Ealing, London, W13 9NW.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures & Fittings 25% Straight Line
Computer Equipment 25% Straight Line
3. Average Number of Employees
Average number of employees, including directors, during the year was: 3 (2024: 3)
3 3
Page 3
Page 4
4. Tangible Assets
Fixtures & Fittings Computer Equipment Total
£ £ £
Cost
As at 1 April 2024 1,706 6,971 8,677
Additions - 2,105 2,105
Disposals - (6,971 ) (6,971 )
As at 31 March 2025 1,706 2,105 3,811
Depreciation
As at 1 April 2024 874 6,688 7,562
Provided during the period 426 678 1,104
Disposals - (6,971 ) (6,971 )
As at 31 March 2025 1,300 395 1,695
Net Book Value
As at 31 March 2025 406 1,710 2,116
As at 1 April 2024 832 283 1,115
5. Investments
Unlisted
£
Cost or Valuation
As at 1 April 2024 481,006
Additions 15,145
As at 31 March 2025 496,151
Provision
As at 1 April 2024 -
As at 31 March 2025 -
Net Book Value
As at 31 March 2025 496,151
As at 1 April 2024 481,006
6. Debtors
2025 2024
£ £
Due within one year
Other debtors 100 100
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Page 5
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Corporation tax 55,497 41,738
Other taxes and social security 4,281 3,533
Net wages 4,556 5,077
64,334 50,348
8. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 110 110
9. Reserves
Revaluation Reserve
£
As at 1 April 2024 20,351
Deficit on revaluation 15,145
As at 31 March 2025 35,496
Page 5