Clearpoint Advisors Limited 31/03/2022 iXBRL

Clearpoint Advisors Limited 31/03/2022 iXBRL


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Company registration number: 07896732
Clearpoint Advisors Limited
Unaudited filleted financial statements
31 March 2022
Clearpoint Advisors Limited
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Clearpoint Advisors Limited
Directors and other information
Director Mr P A Rice
Company number 07896732
Registered office 43 Overstone Road
London W6 0AD
Accountants Michael Leong and Company
43 Overstone Road
London W6 0AD
Bankers HSBC Bank Plc
210 High Holborn
London WC1V 7HD
Clearpoint Advisors Limited
Chartered accountants report to the director on the preparation of the
unaudited statutory financial statements of Clearpoint Advisors Limited
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 financial statements of Clearpoint Advisors Limited for the year ended 31 March 2022 which comprise the statement of financial position and related notes 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 /en/members/regulations-standards-and-guidance/.
This report is made solely to the director of Clearpoint Advisors Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Clearpoint Advisors Limited and state those matters that we have agreed to state to them, 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 Clearpoint Advisors Limited and its director as a body for our work or for this report.
It is your duty to ensure that Clearpoint Advisors Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Clearpoint Advisors Limited. You consider that Clearpoint Advisors Limited 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 financial statements of Clearpoint Advisors Limited. 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 financial statements.
Michael Leong and Company
Chartered Accountants
43 Overstone Road
London W6 0AD
6 October 2022
Clearpoint Advisors Limited
Statement of financial position
31 March 2022
2022 2021
£ £
Fixed assets 80,448 81,348
_______ _______
Current assets 206,573 242,040
Creditors: amounts falling due within one year ( 59,442) ( 78,466)
_______ _______
Net current assets 147,131 163,574
_______ _______
Total assets less current liabilities 227,579 244,922
Creditors: amounts falling due after more than one year ( 42,094) ( 50,000)
Accruals and deferred income ( 7,000) ( 4,000)
_______ _______
Net assets 178,485 190,922
_______ _______
Capital and reserves 178,365 190,802
_______ _______
Notes to the financial statements
Clearpoint Advisors Limited
Year ended 31 March 2022
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2021: 1 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2022
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr P A Rice 173,925 105,000 ( 178,148) 100,777
_______ _______ _______ _______
2021
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr P A Rice 172,066 173,925 ( 172,066) 173,925
_______ _______ _______ _______
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 responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The 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 06 October 2022 , and are signed on behalf of the board by:
Mr P A Rice
Director
Company registration number: 07896732
The company is a private company limited by shares, registered in England and Wales.