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REGISTERED NUMBER: 04386465 (England and Wales)















CROESUS FINANCIAL SERVICES LIMITED

Unaudited Financial Statements

For The Year Ended 31 December 2024





Hilden Park Accountants Limited
Chartered Accountants
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TN11 9BH








CROESUS FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04386465)

Contents of the Financial Statements
For The Year Ended 31 December 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


CROESUS FINANCIAL SERVICES LIMITED

Company Information
For The Year Ended 31 December 2024







DIRECTOR: J E L Fry





REGISTERED OFFICE: Raleigh House
14a Stocks Bridge Way
Compass Point
St Ives
Cambridgeshire
PE27 5JL





REGISTERED NUMBER: 04386465 (England and Wales)





ACCOUNTANTS: Hilden Park Accountants Limited
Chartered Accountants
Hilden Park House
79 Tonbridge Road
Hildenborough
Tonbridge
Kent
TN11 9BH
Page 1
CROESUS FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04386465)

Abridged Balance Sheet
31 December 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 239,018 196,293

CREDITORS
Amounts falling due within one year 148,301 138,632
NET CURRENT ASSETS 90,717 57,661
TOTAL ASSETS LESS CURRENT LIABILITIES 90,717 57,661

CREDITORS
Amounts falling due after more than one year 8,051 12,990
NET ASSETS 82,666 44,671

CAPITAL AND RESERVES
Called up share capital 37,099 37,099
Retained earnings 45,567 7,572
SHAREHOLDERS' FUNDS 82,666 44,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 May 2026 and were signed by:





J E L Fry - Director


The notes form part of these financial statements

Page 2
CROESUS FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04386465)

Notes to the Financial Statements
For The Year Ended 31 December 2024


1. STATUTORY INFORMATION

Croesus Financial Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Going concern
The financial statements have been prepared on a going concern basis.

The ultimate owner of the company will continue to provide access to funds to allow the company to meet its
ongoing obligations.

It is for the above reason that the going concern basis has been adopted in preparing the financial statements and they do not include any adjustments that would arise if the company was unable to continue to trade.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added tax, from the provision of independent financial advisors during the period. Turnover is recognised according to the stage of completion of the contract to which it relates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on cost
Equipment - 20% on cost
Fixtures & fittings - 20% on cost

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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Page 3 continued...
CROESUS FINANCIAL SERVICES LIMITED (REGISTERED NUMBER: 04386465)

Notes to the Financial Statements - continued
For The Year Ended 31 December 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2024 40,895
Disposals (40,895 )
At 31 December 2024 -
DEPRECIATION
At 1 January 2024 40,895
Eliminated on disposal (40,895 )
At 31 December 2024 -
NET BOOK VALUE
At 31 December 2024 -
At 31 December 2023 -

5. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024 2023
£    £   
J E L Fry
Balance outstanding at start of year 105,808 163,299
Amounts advanced 86,783 104,411
Amounts repaid (10,222 ) (161,902 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 182,369 105,808

The director's loan account is repayable within 9 months of the balance sheet date. Interest was charged by the company to the director at the official rate for periods when the balance exceeded £10,000.

Page 4