K F Harty Financial Management Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06428889 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2025

FOR

K F HARTY FINANCIAL MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K F Harty DipPFS Certs CII

SECRETARY:

The William Marshall Partnership Limited

REGISTERED OFFICE:

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

REGISTERED NUMBER:

06428889 (England and Wales)

ACCOUNTANTS:

William Marshall & Co

Financial Accountants

Park View House

Ropewalk

Fishguard

Pembrokeshire

SA65 9BT

FIXED ASSETS

Intangible assets

4

5,625

7,500

Tangible assets

5

-

5,625

7,500

CURRENT ASSETS

Debtors

6

7,318

8,359

Investments

7

25,000

-

Cash at bank

34,687

62,336

67,005

70,695

CREDITORS

Amounts falling due within one year

8

22,778

28,931

NET CURRENT ASSETS

44,227

41,764

TOTAL ASSETS LESS CURRENT
LIABILITIES

49,852

49,264

CREDITORS

Amounts falling due after more than one year

9

10,000

NET ASSETS

39,852

39,264

CAPITAL AND RESERVES

Called up share capital

11

100

Retained earnings

12

39,752

39,164

SHAREHOLDERS' FUNDS

39,852

39,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2025 and were signed by:

K F Harty DipPFS Certs CII - Director

1.	STATUTORY INFORMATION

K F Harty Financial Management Ltd 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 net sales of financial services.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2008, is being amortised evenly over its estimated useful life of twenty years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 February 2024

and 31 January 2025

37,500

AMORTISATION

At 1 February 2024

30,000

Amortisation for year

1,875

At 31 January 2025

31,875

NET BOOK VALUE

At 31 January 2025

5,625

At 31 January 2024

7,500

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 February 2024

and 31 January 2025

1,386

DEPRECIATION

At 1 February 2024

and 31 January 2025

1,386

NET BOOK VALUE

At 31 January 2025

-

At 31 January 2024

-

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Recoverable amounts

6,064

6,149

Amounts receivable in respect of hire purchase
contracts

-

1,030

Prepayments

1,254

1,180

7,318

8,359

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

Investment portfolio

25,000

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts (see note 10)

5,333

9,333

Trade creditors

1

-

Corporation tax

6,441

7,205

Director's current account

5,933

8,603

Directors' loan accounts

1,834

Accrued expenses

3,236

1,956

22,778

28,931

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Other loans (see note 10)

10,000

2025

2024

£

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Director's loan account 1

10,000

10.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

Amounts falling due within one year or on demand:

Bank loans

5,333

9,333

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Director's loan account 1

10,000

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

100

Ordinary

£1.00

100

12.

RESERVES

Retained

earnings

£

At 1 February 2024

39,164

Profit for the year

25,588

Dividends

(25,000

)

At 31 January 2025

39,752

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The company pays the director £3,120 p.a. for the provision of office facilities.