STRATEGIC PLANNING ADVICE LIMITED - Limited company accounts 22.3

REGISTERED NUMBER: 02858658 (England and Wales)

Report of the Director and

Financial Statements for the Year Ended 30 November 2022

for

STRATEGIC PLANNING ADVICE LIMITED

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

I J McDonald

SECRETARY:

K Dhankot

REGISTERED OFFICE:

Mansel Hall

Hall Street

Sudbury

Suffolk

CO10 9JB

REGISTERED NUMBER:

02858658 (England and Wales)

ACCOUNTANTS:

B MEHTA & CO

102

STREATFIELD ROAD

HARROW

Middlesex

HA3 9BT

BANKERS:

BARCLAYS BANK

The director presents his report with the financial statements of the company for the year ended 30 November 2022.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of Planning Advice & Consultancy

DIRECTOR

I J McDonald held office during the whole of the period from 1 December 2021 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

I J McDonald - Director

29 May 2023

TURNOVER

9,580

1,851

Administrative expenses

7,924

5,659

OPERATING PROFIT/(LOSS)

4

1,656

(3,808

)

Interest receivable and similar income

-

2

PROFIT/(LOSS) BEFORE TAXATION

1,656

(3,806

)

Tax on profit/(loss)

386

(141

)

PROFIT/(LOSS) FOR THE FINANCIAL
YEAR

1,270

(3,665

)

FIXED ASSETS

Tangible assets

5

1,497

1,871

CURRENT ASSETS

Debtors

6

-

3,492

Cash at bank

11,653

20,647

11,653

24,139

CREDITORS

Amounts falling due within one year

7

(10,353

)

3,777

NET CURRENT ASSETS

22,006

20,362

TOTAL ASSETS LESS CURRENT
LIABILITIES

23,503

22,233

CAPITAL AND RESERVES

Called up share capital

10,000

Retained earnings

13,503

12,233

SHAREHOLDERS' FUNDS

23,503

22,233

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 29 May 2023 and were signed by:

I J McDonald - Director

1.	STATUTORY INFORMATION

STRATEGIC PLANNING ADVICE LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2021 - 1 ) .

4.	OPERATING PROFIT/(LOSS)

The operating profit (2021 - operating loss) is stated after charging:

30.11.22

30.11.21

£

Depreciation - owned assets

374

467

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 December 2021

and 30 November 2022

23,325

DEPRECIATION

At 1 December 2021

21,454

Charge for year

374

At 30 November 2022

21,828

NET BOOK VALUE

At 30 November 2022

1,497

At 30 November 2021

1,871

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.22

30.11.21

£

Trade debtors

-

3,492

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.22

30.11.21

£

Taxation and social security

386

-

Other creditors

(10,739

)

3,777

(10,353

)

3,777