Community Bank Financial Services Limited Filleted accounts for Companies House (small and micro)

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COMPANY REGISTRATION NUMBER: 05686686

Community Bank Financial Services Limited

Filleted Unaudited Financial Statements

31 March 2021

Community Bank Financial Services Limited

Financial Statements

Year ended 31 March 2021

Contents	Page

Officers and professional advisers	1

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements	2

Statement of financial position	3

Notes to the financial statements	4

Community Bank Financial Services Limited

Officers and Professional Advisers

Director	R Hargun

Registered Office	37a Birmingham New Road
	Wolverhampton
	West Midlands
	WV4 6BL

Accountants	Howell Davies Limited
	Chartered Accountants
	Tudor House
	37a Birmingham New Road
	Wolverhampton
	West Midlands
	WV4 6BL

Community Bank Financial Services Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of Community Bank Financial Services Limited

Year ended 31 March 2021

As described on the statement of financial position, the director of the company is responsible for the preparation of the financial statements for the year ended 31 March 2021, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us. Howell Davies Limited Chartered Accountants

Tudor House 37a Birmingham New Road Wolverhampton West Midlands WV4 6BL

10 March 2022

Community Bank Financial Services Limited

Statement of Financial Position

31 March 2021

	2021		2020
Note	£	£	£	£

Current Assets

Cash at bank and in hand	1,376		913

Creditors: amounts falling due within one year	5	12,265		11,546
		--------		--------
Net Current Liabilities			10,889		10,633
			--------		--------
Total Assets Less Current Liabilities			( 10,889)		( 10,633)

Creditors: amounts falling due after more than one year	6	6,864	6,864
		--------	--------
Net Liabilities		( 17,753)	( 17,497)
		--------	--------

Capital and Reserves

Called up share capital	100	100
Profit and loss account	( 17,853)	( 17,597)
	--------	--------
Shareholders Deficit	( 17,753)	( 17,497)
	--------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 March 2021 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 financial statements 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 financial statements .

These financial statements were approved by the board of directors and authorised for issue on 10 March 2022 , and are signed on behalf of the board by:

R Hargun
Director

Company registration number: 05686686

Community Bank Financial Services Limited

Notes to the Financial Statements

Year ended 31 March 2021

1. General Information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 37a Birmingham New Road, Wolverhampton, West Midlands, WV4 6BL.

2. Statement of Compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting Policies

Basis of Preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue Recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to 1 (2020: 1 ).

5. Creditors: amounts falling due within one year

	2021	2020
	£	£

Trade creditors	25	26
Accruals and deferred income	12,240	11,520
	--------	--------
	12,265	11,546
	--------	--------

6. Creditors: amounts falling due after more than one year

	2021	2020
	£	£

Director loan accounts	6,864	6,864
	-------	-------

7. Director's Advances, Credits and Guarantees

8. Related Party Transactions

The company was under the control of Mr R Hargun , a director and members of his close family throughout the current and previous year.