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Company Registration No. 08115222 (England and Wales)
COMPACT FINANCIAL SOLUTIONS LTD Unaudited accounts for the year ended 30 June 2025
COMPACT FINANCIAL SOLUTIONS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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COMPACT FINANCIAL SOLUTIONS LTD Company Information for the year ended 30 June 2025
Director
Ibrar Hussain
Company Number
08115222 (England and Wales)
Registered Office
132 BARKEREND ROAD BRADFORD WEST YORKSHIRE BD3 9BE ENGLAND
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COMPACT FINANCIAL SOLUTIONS LTD Statement of financial position as at 30 June 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
2,091
2,550
Current assets
Cash at bank and in hand
71,176
61,687
Creditors: amounts falling due within one year
5
(8,922)
(4,439)
Net current assets
62,254
57,248
Net assets
64,345
59,798
Capital and reserves
Called up share capital
1
1
Profit and loss account
64,344
59,797
Shareholders' funds
64,345
59,798
For the year ending 30 June 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 12 February 2026 and were signed on its behalf by
Ibrar Hussain Director Company Registration No. 08115222
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COMPACT FINANCIAL SOLUTIONS LTD Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
COMPACT FINANCIAL SOLUTIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 08115222. The registered office is 132 BARKEREND ROAD, BRADFORD, WEST YORKSHIRE, BD3 9BE, 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.
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
18
4
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 July 2024
6,266
At 30 June 2025
6,266
Depreciation
At 1 July 2024
3,716
Charge for the year
459
At 30 June 2025
4,175
Net book value
At 30 June 2025
2,091
At 30 June 2024
2,550
5
Creditors: amounts falling due within one year
2025
2024
£
£
Taxes and social security
8,272
3,939
Accruals
650
500
8,922
4,439
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COMPACT FINANCIAL SOLUTIONS LTD Notes to the Accounts for the year ended 30 June 2025
6
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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