Registration number:
All Things Financial Limited
for the
Year Ended 31 January 2022
All Things Financial Limited
Contents
Company Information |
|
Balance Sheet |
|
Notes to the Unaudited Financial Statements |
All Things Financial Limited
Company Information
Director |
S J Brannigan |
Company secretary |
Mrs H L Brannigan |
Registered office |
|
Accountants |
|
All Things Financial Limited
(Registration number: 05099940)
Balance Sheet as at 31 January 2022
Note |
2022 |
2021 |
|
Fixed assets |
|||
Tangible assets |
|
|
|
Current assets |
|||
Debtors |
|
|
|
Cash at bank and in hand |
|
|
|
|
|
||
Creditors: Amounts falling due within one year |
( |
( |
|
Net current assets |
|
|
|
Total assets less current liabilities |
|
|
|
Creditors: Amounts falling due after more than one year |
( |
( |
|
Net assets |
|
|
|
Capital and reserves |
|||
Called up share capital |
|
|
|
Retained earnings |
|
|
|
Shareholders' funds |
|
|
For the financial year ending 31 January 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
• |
|
• |
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
All Things Financial Limited
(Registration number: 05099940)
Balance Sheet as at 31 January 2022
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.
Approved and authorised by the
|
All Things Financial Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
The presentational currency of these accounts is pound sterling (£).
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the sale of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.
All Things Financial Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022
2 |
Accounting policies (continued) |
Tangible assets
Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.
Depreciation
Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:
Asset class |
Depreciation method and rate |
|
|
Computer equipment |
Straight line over 4 years |
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Financial instruments
Classification
Staff numbers |
The average number of persons employed by the company (including the director) during the year, was
All Things Financial Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022
Tangible assets |
Furniture, fittings and equipment |
Total |
|
Cost or valuation |
||
At 1 February 2021 |
|
|
At 31 January 2022 |
|
|
Depreciation |
||
At 1 February 2021 |
|
|
Charge for the year |
|
|
At 31 January 2022 |
|
|
Carrying amount |
||
At 31 January 2022 |
|
|
At 31 January 2021 |
|
|
debtors |
Current |
Note |
2022 |
2021 |
Amounts owed by related parties |
|
- |
|
Prepayments |
|
|
|
Other debtors |
|
|
All Things Financial Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022
Creditors |
Creditors: amounts falling due within one year
Note |
2022 |
2021 |
|
Due within one year |
|||
Loans and borrowings |
|
|
|
Amounts owed to group undertakings and undertakings in which the company has a participating interest |
|
|
|
Taxation and social security |
|
|
|
Accruals and deferred income |
|
|
|
Other creditors |
- |
|
|
|
|
Creditors: amounts falling due after more than one year
Note |
2022 |
2021 |
|
Due after one year |
|||
Loans and borrowings |
|
|
All Things Financial Limited
Notes to the Unaudited Financial Statements for the Year Ended 31 January 2022
Related party transactions |
Transactions with the director |
2022 |
At 1 February 2021 |
Advances to director |
Repayments by director |
At 31 January 2022 |
Directors Loan Account |
|
|
( |
|
2021 |
At 1 February 2020 |
Advances to director |
Repayments by director |
At 31 January 2021 |
Directors Loan Account |
|
|
( |
|