IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD - Company Information

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IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Company Registration Number:
02053028 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2020

Period of accounts

Start date: 01 May 2019

End date: 30 April 2020

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2020

Balance sheet
Notes

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Balance sheet

As at 30 April 2020


Notes
2020
2019


£
£
Fixed assets
Intangible assets:   0 0
Tangible assets: 3 14,005 1,376
Investments: 4 36,576 30,687
Total fixed assets: 50,581 32,063
Current assets
Stocks: 0 0
Debtors: 5 163,169 9,950
Cash at bank and in hand: 200,350 320,574
Total current assets: 363,519 330,524
Creditors: amounts falling due within one year: 6 (46,732) (51,934)
Net current assets (liabilities): 316,787 278,590
Total assets less current liabilities: 367,368 310,653
Creditors: amounts falling due after more than one year:   0 0
Provision for liabilities: (2,661) (240)
Total net assets (liabilities): 364,707 310,413
Capital and reserves
Called up share capital: 102 101
Share premium account: 0 0
Revaluation reserve:7(147,040)(139,804)
Other reserves: 0 0
Profit and loss account: 511,645 450,116
Shareholders funds: 364,707 310,413

The notes form part of these financial statements

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Balance sheet statements

For the year ending 30 April 2020 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 20 January 2021
and signed on behalf of the board by:

Name: Ian Blessed
Status: Director

The notes form part of these financial statements

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

2. Employees

2020 2019
Average number of employees during the period 6 6

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

3. Tangible Assets

Total
Cost £
At 01 May 2019 8,221
Additions 13,125
Disposals (4,530)
Revaluations 0
Transfers 0
At 30 April 2020 16,816
Depreciation
At 01 May 2019 6,845
Charge for year 388
On disposals (4,422)
At 30 April 2020 2,811
Net book value
At 30 April 2020 14,005
At 30 April 2019 1,376

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

4. Fixed investments

Cost as at 1/5/2019: £30,687Additions: £13,124Revaluation under FRS 102: £(7,235)Carrying Value as at 30/4/2020: £36,576

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

5. Debtors

2020 2019
££
Debtors due after more than one year: 163,169 9,950

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

6. Creditors: amounts falling due within one year note

Corporation tax due for 2020: £46,531, 2019: £48,889Dividend Payable 2020: £200 2019: £3,076

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

7. Revaluation reserve

2020
£
Balance at 01 May 2019 (139,804)
Surplus or deficit after revaluation (7,236)
Balance at 30 April 2020 (147,040)

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2020

8. Loans to directors

Name of director receiving advance or credit: Ian Blessed
Description of the loan: A loan to purchase some land and a house.
£
Balance at 01 May 2019 8,000
Advances or credits made: 162,030
Advances or credits repaid: 8,000
Balance at 30 April 2020 162,030