CFG INVESTMENT SERVICES LIMITED - Accounts to registrar (filleted) - small 18.2

CFG INVESTMENT SERVICES LIMITED - Accounts to registrar (filleted) - small 18.2

CFG INVESTMENT SERVICES LIMITED - Company Information

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REGISTERED NUMBER: SC279538 (Scotland)















Unaudited Financial Statements for the Year Ended 31 December 2019

for

CFG Investment Services Limited
CFG Investment Services Limited (Registered number: SC279538)






Contents of the Financial Statements
for the Year Ended 31 December 2019




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

CFG Investment Services Limited

Company Information
for the Year Ended 31 December 2019







DIRECTORS: A S Patterson
Mrs K Reid





REGISTERED OFFICE: Cadell House
27 Waterloo Street
Glasgow
G2 6BZ





REGISTERED NUMBER: SC279538 (Scotland)





ACCOUNTANTS: Rogerson & Goldie
Chartered Accountants
29 Portland Road
Kilmarnock
KA1 2BY
Page 1
CFG Investment Services Limited (Registered number: SC279538)

Balance Sheet
31 December 2019

2019 2018
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,475 4,084

CURRENT ASSETS
Debtors 5 7,735 5,952
Cash at bank 82,278 67,124
90,013 73,076
CREDITORS
Amounts falling due within one year 6 41,495 30,294
NET CURRENT ASSETS 48,518 42,782
TOTAL ASSETS LESS CURRENT
LIABILITIES
51,993
46,866

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 51,893 46,766
SHAREHOLDERS' FUNDS 51,993 46,866

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 2 July 2020 and were
signed on its behalf by:





A S Patterson - Director


The notes form part of these financial statements

Page 2
CFG Investment Services Limited (Registered number: SC279538)

Notes to the Financial Statements
for the Year Ended 31 December 2019

1. STATUTORY INFORMATION

CFG Investment Services Limited is a private company, limited by shares , registered in Scotland. 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,
value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance

Basic financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at
transaction price. Any losses arising from impairment are recognised in the profit and loss account.

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.

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.

Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held with banks or other
short term liquid investments. Bank overdrafts, if applicable, are shown within borrowings in current liabilities

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2018 - 3 ) .

Page 3 continued...
CFG Investment Services Limited (Registered number: SC279538)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 January 2019 5,105
Additions 263
At 31 December 2019 5,368
DEPRECIATION
At 1 January 2019 1,021
Charge for year 872
At 31 December 2019 1,893
NET BOOK VALUE
At 31 December 2019 3,475
At 31 December 2018 4,084

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Trade debtors 7,235 5,452
Other debtors 500 500
7,735 5,952

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2019 2018
£    £   
Taxation and social security 3,053 -
Other creditors 38,442 30,294
41,495 30,294

7. CALLED UP SHARE CAPITAL


Allotted, issued and fully paid:
Number: Class: Nominal 2019 2018
value: £    £   
100 Ordinary 1 100 100

Page 4 continued...
CFG Investment Services Limited (Registered number: SC279538)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2019

8. RESERVES
Retained
earnings
£   

At 1 January 2019 46,766
Profit for the year 15,127
Dividends (10,000 )
At 31 December 2019 51,893

9. RELATED PARTY DISCLOSURES

A S Paterson is a director and shareholder in The Carruth Financial Group Limited. During the course of the year
net transactions on a normal commercial basis amounted to £6,793. At the year end £30,693 (2018 £23,899)
was owed to The Carruth Financial Group Limited.

10. ULTIMATE CONTROLLING PARTY

The controlling party is A S Patterson.

The ultimate controlling party is A S Patterson.

Page 5
Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
CFG Investment Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual
unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file
a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the
Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the
financial statements of CFG Investment Services Limited for the year ended 31 December 2019 which comprise the
Income Statement, Balance Sheet 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 ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of CFG Investment Services Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of CFG Investment Services Limited and state those matters that we have agreed to state to the Board of Directors of CFG Investment Services Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that CFG Investment Services 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 CFG Investment Services Limited. You consider that CFG Investment Services 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 CFG Investment Services 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.






Rogerson & Goldie
Chartered Accountants
29 Portland Road
Kilmarnock
KA1 2BY


2 July 2020

This page does not form part of the statutory financial statements

Page 6