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Company Registration No. 10400059 (England and Wales)
FINANCIAL CHOICE SOLUTIONS LIMITED Unaudited accounts for the year ended 31 May 2025
FINANCIAL CHOICE SOLUTIONS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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FINANCIAL CHOICE SOLUTIONS LIMITED Company Information for the year ended 31 May 2025
Director
Gregory James Hubbard
Company Number
10400059 (England and Wales)
Registered Office
129A MOUNTSORREL LANE ROTHLEY LEICESTER LE7 7PT ENGLAND
Accountants
Taxez 5 South Charlotte Street Edinburgh EH2 4AN
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FINANCIAL CHOICE SOLUTIONS LIMITED Statement of financial position as at 31 May 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
93
109
Current assets
Cash at bank and in hand
3,038
3,629
Creditors: amounts falling due within one year
5
(2,794)
(2,515)
Net current assets
244
1,114
Total assets less current liabilities
337
1,223
Provisions for liabilities
Deferred tax
(40)
(40)
Net assets
297
1,183
Capital and reserves
Called up share capital
1
1
Profit and loss account
296
1,182
Shareholders' funds
297
1,183
For the year ending 31 May 2025 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 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 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 and authorised for issue on 23 June 2025 and were signed on its behalf by
Gregory James Hubbard Director Company Registration No. 10400059
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FINANCIAL CHOICE SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
FINANCIAL CHOICE SOLUTIONS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10400059. The registered office is 129A MOUNTSORREL LANE, ROTHLEY, LEICESTER, LE7 7PT, ENGLAND.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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:
Computer equipment
15% Reducing Balance
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 June 2024
297
At 31 May 2025
297
Depreciation
At 1 June 2024
188
Charge for the year
16
At 31 May 2025
204
Net book value
At 31 May 2025
93
At 31 May 2024
109
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FINANCIAL CHOICE SOLUTIONS LIMITED Notes to the Accounts for the year ended 31 May 2025
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
621
1,823
Loans from directors
1,814
333
Accruals
359
359
2,794
2,515
6
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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