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 2022

Period of accounts

Start date: 01 May 2021

End date: 30 April 2022

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Contents of the Financial Statements

for the Period Ended 30 April 2022

Balance sheet
Notes

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Balance sheet

As at 30 April 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 10,927 12,580
Investments: 4 251,748 107,078
Total fixed assets: 262,675 119,658
Current assets
Debtors: 5 168,104 234,752
Cash at bank and in hand: 233,613 187,483
Total current assets: 401,717 422,235
Creditors: amounts falling due within one year: 6 (68,680) (59,196)
Net current assets (liabilities): 333,037 363,039
Total assets less current liabilities: 595,712 482,697
Provision for liabilities: (2,076) (2,390)
Total net assets (liabilities): 593,636 480,307
Capital and reserves
Called up share capital: 102 102
Revaluation reserve:7(118,419)(126,843)
Profit and loss account: 711,953 607,048
Shareholders funds: 593,636 480,307

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 2022 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 01 September 2022
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 2022

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 2022

2. Employees

2022 2021
Average number of employees during the period 5 5

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

3. Tangible Assets

Total
Cost £
At 01 May 2021 17,549
Additions 689
At 30 April 2022 18,238
Depreciation
At 01 May 2021 4,969
Charge for year 2,342
At 30 April 2022 7,311
Net book value
At 30 April 2022 10,927
At 30 April 2021 12,580

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

4. Fixed investments

Carrying value as at 1/5/2021: £107,078Additions: £32,015Revalutation under FRS 102: £8,424Carrying value as at 30/4/2022: £147,516BondAmount Invested: £100,000Value as at 30/04/22: £104,231.67Revaluation Gain: £4,231.67

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

5. Debtors

2022 2021
££
Debtors due after more than one year: 168,104 218,574

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

6. Creditors: amounts falling due within one year note

Corporation Tax due for 2022: £68,113 2021: £58,996Dividend Payable: 2022: £200 2021: £200Accruals: 2022: £365 2021: £0

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

7. Revaluation reserve

2022
£
Balance at 01 May 2021 (126,843)
Surplus or deficit after revaluation 8,424
Balance at 30 April 2022 (118,419)

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

8. Financial commitments

At 30th April 2022 the Company has aggregate annual commitments under non-cancellable operating leases as set out below:Operating leases which expire within 2-5 years: 2022: £5,429 2021: £5,429

IAN BLESSED AND CO, INDEPENDENT FINANCIAL CONSULTANTS LTD

Notes to the Financial Statements

for the Period Ended 30 April 2022

9. Loans to directors

Name of director receiving advance or credit: Ian Blessed
Description of the loan: A loan to purchase land and a house.
£
Balance at 01 May 2021 165,915
Advances or credits made: 1,107
Advances or credits repaid: 125,000
Balance at 30 April 2022 42,022