REGISTERED NUMBER: 05775432 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

Townsend & Co Accountants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

D Townsend

SECRETARY:

Mrs K Townsend

REGISTERED OFFICE:

21 Fairway Drive

Burnham on Crouch

Essex

CM0 8PN

REGISTERED NUMBER:

05775432 (England and Wales)

ACCOUNTANTS:

Townsend & Co Accountants Limited

Office 3

Kings Head Centre

38 High Street

Maldon

Essex

CM9 5PN

FIXED ASSETS

Intangible assets

4

880

880

Tangible assets

5

23,884

22,429

24,764

23,309

CURRENT ASSETS

Debtors

6

7,242

7,712

Cash at bank and in hand

68,903

71,423

76,145

79,135

CREDITORS

Amounts falling due within one year

7

10,895

20,427

NET CURRENT ASSETS

65,250

58,708

TOTAL ASSETS LESS CURRENT LIABILITIES

90,014

82,017

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

89,914

81,917

SHAREHOLDERS' FUNDS

90,014

82,017

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 28 April 2026 and were signed by:

D Townsend - Director

1.	STATUTORY INFORMATION

Townsend & Co Accountants Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2024

and 30 April 2025

8,800

AMORTISATION

At 1 May 2024

and 30 April 2025

7,920

NET BOOK VALUE

At 30 April 2025

880

At 30 April 2024

880

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

37,660

Additions

2,727

At 30 April 2025

40,387

DEPRECIATION

At 1 May 2024

15,231

Charge for year

1,272

At 30 April 2025

16,503

NET BOOK VALUE

At 30 April 2025

23,884

At 30 April 2024

22,429

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Trade debtors

334

950

Other debtors

6,908

6,762

7,242

7,712

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Other creditors

10,895

20,427