Gary Hoerty Associates Ltd - Period Ending 2022-03-31

Gary Hoerty Associates Ltd

Contents

Accountants' Report	1
Balance Sheet	2

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Gary Hoerty Associates Ltd
for the Year Ended 31 March 2022

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Gary Hoerty Associates Ltd for the year ended 31 March 2022 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Gary Hoerty Associates Ltd, as a body, in accordance with the terms of our engagement letter dated 4 October 2019. Our work has been undertaken solely to prepare for your approval the accounts of Gary Hoerty Associates Ltd and state those matters that we have agreed to state to the Board of Directors of Gary Hoerty Associates Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Gary Hoerty Associates Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Gary Hoerty Associates Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Gary Hoerty Associates Ltd. You consider that Gary Hoerty Associates Ltd 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 accounts of Gary Hoerty Associates Ltd. 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 accounts.

Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

23 June 2022

Gary Hoerty Associates Ltd

(Registration number: 04619062)
Balance Sheet as at 31 March 2022

		2022 £	2021 £
Fixed assets		35,336	12,880
Current assets		108,053	76,536
Prepayments and accrued income		184,178	152,614
Creditors: Amounts falling due within one year		(151,643)	(116,001)
Net current assets		140,588	113,149
Total assets less current liabilities		175,924	126,029
Creditors: Amounts falling due after more than one year		(51,700)	(41,435)
Accruals and deferred income		(5,735)	(5,783)
		118,489	78,811
Capital and reserves		118,489	78,811

Gary Hoerty Associates Ltd

(Registration number: 04619062)
Balance Sheet as at 31 March 2022 (continued)

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Suite 9
Grindleton Business Centre
Grindleton
CLITHEROE
BB7 4DH

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2021 - 7).

3	Related party transactions

Transactions with the director

2022	At 1 April 2021 £	Advances £	Repayments £	Dividends credited £	Interest £	At 31 March 2022 £
G Hoerty
Loan	7,918	62,681	(10,905)	(60,000)	306	-

2021	At 1 April 2020 £	Advances £	Repayments £	Dividends credited £	Interest £	At 31 March 2021 £
G Hoerty
Loan	140,863	35,739	(111,898)	(60,000)	3,214	7,918

Directors' advances are repayable on demand.

Interest has been charged at a rate of 2% on advances to directors.

Gary Hoerty Associates Ltd

(Registration number: 04619062)
Balance Sheet as at 31 March 2022 (continued)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial year ending 31 March 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 members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Approved and authorised by the director on 23 June 2022
 

......................................... G Hoerty Director