Great Eastern Finance Company Limited Filleted accounts for Companies House (small and micro)

GREAT EASTERN FINANCE COMPANY LIMITED - Company Information

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COMPANY REGISTRATION NUMBER: 00786099

Great Eastern Finance Company Limited

Filleted Unaudited Financial Statements

31 March 2022

Great Eastern Finance Company Limited

Financial Statements

Year ended 31 March 2022

Contents	Pages

Officers and professional advisers	1

Statement of financial position and the notes to the financial statements	2 to 3

Great Eastern Finance Company Limited

Officers and Professional Advisers

The board of directors	D I Rapport
	M A Rapport
	O E Rapport

Company secretary	D I Rapport & Mrs L S Rapport (Joint)

Registered office	The Marcol Suite
	East Wing, Ivor House
	Bridge Street
	Cardiff
	CF10 2TH

Accountants	West Wake Price LLP
	Chartered Accountants
	The Mezzanine Floor
	68 Cornhill
	London
	EC3V 3QX

Great Eastern Finance Company Limited

Statement of Financial Position

31 March 2022

	2022		2021
	£	£	£
Current assets	835,076		845,076
Prepayments and accrued income	78,736		53,345
	---------		---------
		913,812	898,421

Creditors: amounts falling due within one year	796,053	802,354
	---------	---------
Net current assets	117,759	96,067
	---------	--------
Total assets less current liabilities	117,759	96,067

Accruals and deferred income	47,548	31,935
	---------	--------
	70,211	64,132
	---------	--------

Capital and reserves	70,211	64,132
	--------	--------

Notes to the financial statements

1. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2021: 3 ).

2. Directors' advances, credits and guarantees

During the year the directors entered into the following advances and credits with the company:

	Balance brought forward and outstanding
	2022	2021
	£	£
D I Rapport	290,527	290,527
	---------	---------

Mr D I Rapport had loans during the year with interest payable at the official HMRC rate of 2% (2021:2.25%). The movement on these loans is shown above.

3. Going concern

In the course of preparing the financial statements for the year ended 31 March 2022 the directors have assessed whether the company is a going concern. The Covid-19 pandemic has had a significant impact on the UK economy. However, the Directors are confident that it is unlikely that the company will be adversely affected as it's income arises from interest receivable from loans to other companies under common control by the directors. As the situation remains ongoing, they will continue to monitor this on a regular basis. They have considered all available information about the future and will ensure that the company has adequate resources available to finance its activities and other obligations during the course of the next twelve months and, therefore, no material uncertainties have been identified by the directors that may cast any significant doubt about the ability of the company to continue as a going concern.

For the 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.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

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

These financial statements were approved by the board of directors and authorised for issue on 28 October 2022 , and are signed on behalf of the board by:

D I Rapport

Director

Company registration number: 00786099

The company is a private company limited by shares, registered in England and Wales.