2024-04-21 2025-04-20 false Capium Accounts Production 1.1 06405586 2024-04-21 2025-04-20 06405586 bus:AbridgedAccounts 2024-04-21 2025-04-20 06405586 bus:FRS102 2024-04-21 2025-04-20 06405586 bus:AuditExemptWithAccountantsReport 2024-04-21 2025-04-20 06405586 bus:SmallCompaniesRegimeForAccounts 2024-04-21 2025-04-20 06405586 bus:PrivateLimitedCompanyLtd 2024-04-21 2025-04-20 06405586 2024-04-21 2025-04-20 06405586 2025-04-20 06405586 bus:RegisteredOffice 2024-04-21 2025-04-20 06405586 core:WithinOneYear 2025-04-20 06405586 core:AfterOneYear 2025-04-20 06405586 1 2024-04-21 2025-04-20 06405586 bus:Director1 2024-04-21 2025-04-20 06405586 bus:Director1 2025-04-20 06405586 bus:Director1 2023-04-21 2024-04-20 06405586 bus:Director2 2024-04-21 2025-04-20 06405586 bus:Director2 2025-04-20 06405586 bus:Director2 2023-04-21 2024-04-20 06405586 2023-04-21 06405586 bus:LeadAgentIfApplicable 2024-04-21 2025-04-20 06405586 2023-04-21 2024-04-20 06405586 2024-04-20 06405586 core:WithinOneYear 2024-04-20 06405586 core:AfterOneYear 2024-04-20 06405586 bus:EntityAccountantsOrAuditors 2023-04-21 2024-04-20 06405586 core:PlantMachinery 2024-04-21 2025-04-20 06405586 core:PlantMachinery 2025-04-20 06405586 core:PlantMachinery 2024-04-20 06405586 core:FurnitureFittings 2024-04-21 2025-04-20 06405586 core:FurnitureFittings 2025-04-20 06405586 core:FurnitureFittings 2024-04-20 06405586 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-04-20 06405586 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-04-20 06405586 core:CostValuation core:Non-currentFinancialInstruments 2025-04-20 06405586 core:CostValuation core:Non-currentFinancialInstruments 2024-04-20 06405586 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-04-20 06405586 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-04-20 06405586 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-04-20 06405586 core:Non-currentFinancialInstruments 2025-04-20 06405586 core:Non-currentFinancialInstruments 2024-04-20 06405586 core:ShareCapital 2025-04-20 06405586 core:ShareCapital 2024-04-20 06405586 core:RetainedEarningsAccumulatedLosses 2025-04-20 06405586 core:RetainedEarningsAccumulatedLosses 2024-04-20 06405586 dpl:Item1 2024-04-21 06405586 dpl:Item1 2025-04-20 06405586 dpl:Item1 2023-04-21 06405586 dpl:Item1 2024-04-20 iso4217:GBP xbrli:shares xbrli:pure

Registered Number: 06405586
England and Wales
ESSENTIAL IFA LIMITED
Abridged Accounts
Period of accounts Start date: 21 April 2024 End date: 20 April 2025

Essential IFA Limited Contents Page For the year ended 20 April 2025
Statement of financial position | 1
Notes to the financial statements | 2

Essential IFA Limited Statement of Financial Position As at 20 April 2025
| Notes | 2025 £ |  | 2024 £
--- | --- | --- | --- | ---
Fixed assets |  |  |
Tangible fixed assets | 3 | 7,526 |  | 10,034
|  | 7,526 |  | 10,034
Current assets |  |  |
Stocks |  | 2,000 |  | 2,000
Debtors |  | 80,971 |  | 91,537
Cash at bank and in hand |  | 8,016 |  | 1,867
|  | 90,987 |  | 95,404
Creditors: amount falling due within one year |  | (70,679) |  | (65,488)
Net current assets |  | 20,308 |  | 29,916
Total assets less current liabilities |  | 27,834 |  | 39,950
Creditors: amount falling due after more than one year |  | (20,416) |  | (25,417)
Net assets |  | 7,418 |  | 14,533
Capital and reserves |  |  |
Called up share capital |  | 100 |  | 100
Profit and loss account |  | 7,318 |  | 14,433
Shareholders' funds |  | 7,418 |  | 14,533
For the year ended 20 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. These 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 to the Registrar of Companies. The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A). The financial statements were approved by the board of directors on 23 December 2025 and were signed on its behalf by:
------------------------------- Peter Herd Director
1

Essential IFA Limited Notes to the Abridged Financial Statements For the year ended 20 April 2025
General Information Essential IFA Limited is a private company, limited by shares, registered in England and Wales, registration number 06405586, registration address Stebbings Back Lane , Washbrook, Ipswich , Suffolk, IP8 3JA. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. Tangible fixed assets Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery | 25% Reducing Balance
Fixtures and Fittings | 25% Reducing Balance
Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. | Average number of employees Average number of employees during the year was 2 (2024 : 2).
3. | Tangible fixed assets
Cost or valuation | Plant and Machinery |  | Fixtures and Fittings |  | Total
| £ |  | £ |  | £
At 21 April 2024 | 29,170 |  | 25,125 |  | 54,295
Additions | - |  | - |  | -
Disposals | - |  | - |  | -
At 20 April 2025 | 29,170 |  | 25,125 |  | 54,295
Depreciation
At 21 April 2024 | 25,767 |  | 18,494 |  | 44,261
Charge for year | 851 |  | 1,657 |  | 2,508
On disposals | - |  | - |  | -
At 20 April 2025 | 26,618 |  | 20,151 |  | 46,769
Net book values
Closing balance as at 20 April 2025 | 2,552 |  | 4,974 |  | 7,526
Opening balance as at 21 April 2024 | 3,404 |  | 6,630 |  | 10,034
2