An Independent View Limited Company accounts

COMPANY REGISTRATION NUMBER: 06639663

AN INDEPENDENT VIEW LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 March 2025

AN INDEPENDENT VIEW LIMITED

FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

CONTENTS	PAGE

Officers and professional advisers	1

Directors' report	2

Statement of income and retained earnings	3

Statement of financial position	4

Notes to the financial statements	6

The following pages do not form part of the financial statements

Chartered accountants report to the board of directors on the preparation of the unaudited statutory financial statements	10

AN INDEPENDENT VIEW LIMITED

OFFICERS AND PROFESSIONAL ADVISERS

The board of directors	Mrs G M Fleming
	Mr J J R Minshull Beech

Registered office	Fulford Lodge
	1 Heslington Lane
	Fulford
	York
	YO10 4HW

Accountants	Townends Accountants LLP
	Chartered Accountants
	Fulford Lodge
	1 Heslington Lane
	Fulford
	York
	YO10 4HW

Bankers	Co-operative Bank
	P O Box 101
	1 Balloon Street
	Manchester
	M60 4EP

AN INDEPENDENT VIEW LIMITED

DIRECTORS' REPORT

YEAR ENDED 31 MARCH 2025

The directors present their report and the unaudited financial statements of the company for the year ended 31 March 2025 .

DIRECTORS

The directors who served the company during the year were as follows:

Mrs G M Fleming
Mr J J R Minshull Beech

SMALL COMPANY PROVISIONS

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 18 November 2025 and signed on behalf of the board by:

Mrs G M Fleming

Director

Registered office:

Fulford Lodge

1 Heslington Lane

Fulford

York

YO10 4HW

AN INDEPENDENT VIEW LIMITED

STATEMENT OF INCOME AND RETAINED EARNINGS

YEAR ENDED 31 MARCH 2025

	2025	2024
Note	£	£
TURNOVER	17,436	12,680

	--------	--------
GROSS PROFIT	17,436	12,680

Administrative expenses	10,167	11,561
	--------	--------
OPERATING PROFIT	7,269	1,119

Other interest receivable and similar income		2,102	1,564
		--------	--------
PROFIT BEFORE TAXATION	5	9,371	2,683

Tax on profit	798	667
	-------	-------
PROFIT FOR THE FINANCIAL YEAR AND TOTAL COMPREHENSIVE INCOME	8,573	2,016
	-------	-------

Dividends paid and payable	( 500)	( 2,000)

RETAINED EARNINGS AT THE START OF THE YEAR	128,129	128,113
	----------	----------
RETAINED EARNINGS AT THE END OF THE YEAR	136,202	128,129
	----------	----------

All the activities of the company are from continuing operations.

AN INDEPENDENT VIEW LIMITED

STATEMENT OF FINANCIAL POSITION

31 March 2025

	2025		2024
Note	£	£	£

FIXED ASSETS

Tangible assets	6		1,071	1,338

CURRENT ASSETS

Cash at bank and in hand	148,717		129,050

CREDITORS: amounts falling due within one year	7	13,382		1,748
		----------		----------
NET CURRENT ASSETS			135,335	127,302
			----------	----------
TOTAL ASSETS LESS CURRENT LIABILITIES			136,406	128,640

PROVISIONS	203	510
	----------	----------
NET ASSETS	136,203	128,130
	----------	----------

AN INDEPENDENT VIEW LIMITED

STATEMENT OF FINANCIAL POSITION (continued)

31 March 2025

	2025		2024
Note	£	£	£

CAPITAL AND RESERVES

Called up share capital	1	1
Profit and loss account	136,202	128,129
	----------	----------
SHAREHOLDERS FUNDS	136,203	128,130
	----------	----------

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 18 November 2025 , and are signed on behalf of the board by:

Mrs G M Fleming

Director

Company registration number: 06639663

AN INDEPENDENT VIEW LIMITED

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2025

1. GENERAL INFORMATION

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Fulford Lodge, 1 Heslington Lane, Fulford, York, YO10 4HW.

2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. ACCOUNTING POLICIES

Basis of preparation

The financial statements have been prepared on the historical cost basis,.The financial statements are prepared in sterling, which is the functional currency of the entity. Going concern The UK economy has recently been impacted by rising inflation, interest rates and energy costs, exacerbated by the war in Ukraine. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Current and deferred taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	20% reducing balance

Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. EMPLOYEE NUMBERS

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. PROFIT BEFORE TAXATION

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	267	250
	----	----

6. TANGIBLE ASSETS

	Fixtures and fittings
	£
Cost
At 1 April 2024 and 31 March 2025	2,372
	-------
Depreciation
At 1 April 2024	1,034
Charge for the year	267
	-------
At 31 March 2025	1,301
	-------
Carrying amount
At 31 March 2025	1,071
	-------
At 31 March 2024	1,338
	-------

7. CREDITORS: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	1,105	297
Director loan accounts	11,185	406
Other creditors	1,092	1,045
	--------	-------
	13,382	1,748
	--------	-------

AN INDEPENDENT VIEW LIMITED

MANAGEMENT INFORMATION

YEAR ENDED 31 MARCH 2025

The following pages do not form part of the financial statements.

AN INDEPENDENT VIEW LIMITED

CHARTERED ACCOUNTANTS REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF AN INDEPENDENT VIEW LIMITED

YEAR ENDED 31 MARCH 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of An Independent View Limited for the year ended 31 March 2025, which comprise the statement of income and retained earnings, statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. This report is made solely to the Board of Directors of An Independent View Limited, as a body, in accordance with the terms of our engagement letter dated 4 December 2023. Our work has been undertaken solely to prepare for your approval the financial statements of An Independent View Limited and state those matters that we have agreed to state to you, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than An Independent View Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that An Independent View Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of An Independent View Limited. You consider that An Independent View Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the financial statements of An Independent View Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Townends Accountants LLP Chartered Accountants

Fulford Lodge 1 Heslington Lane Fulford York YO10 4HW

18 November 2025