Moscrops Financial Planning Limited - Period Ending 2021-12-31

Moscrops Financial Planning Limited

Balance Sheet
31 December 2021

	Note	2021 £	2020 £
Creditors: Amounts falling due within one year	4	(1,771)	(1,771)
Capital and reserves
Called up share capital	5	200	200
Profit and loss account		(1,971)	(1,971)
Shareholders' deficit		(1,771)	(1,771)

For the financial year ending 31 December 2021 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Directors' 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 directors acknowledge their 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.

Approved and authorised by the Board on 21 June 2022 and signed on its behalf by:
 

......................................... P S Bolton Director

Company Registration Number: 06769375

Moscrops Financial Planning Limited

Notes to the Unaudited Financial Statements
31 December 2021

1	General information

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

The address of its registered office is:
2 Millett House
Millet Street
Bury
BL9 0JA

2	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 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

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.

Creditors

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2020 - 2).

Moscrops Financial Planning Limited

Notes to the Unaudited Financial Statements
31 December 2021

4

Creditors

		2021 £	2020 £
Due within one year
Amounts due to related parties		1,771	1,771

5	Share capital

Allotted, called up and fully paid shares

	2021		2020
	No.	£	No.	£
Ordinary shares of £1 each	200	200	200	200