Company Registration No. 4114388 (England and Wales)
Candid Accountants Limited
Unaudited accounts
for the year ended 31 March 2023
Candid Accountants Limited
Unaudited accounts
Contents
Candid Accountants Limited
Company Information
for the year ended 31 March 2023
Directors
Stanley Olutola
Laura Michelle Djonkam-Nankam
Sade Olutola
Company Number
4114388 (England and Wales)
Registered Office
43 High street
Thornton Heath
surrey
CR7 8RW
United Kingdom
Accountants
Candid Accountants Limited
43 High Street
Thornton Heath
SURREY
CR7 8RW
Candid Accountants Limited
Statement of financial position
as at 31 March 2023
Tangible assets
14,508
14,508
Cash at bank and in hand
52
98
Creditors: amounts falling due within one year
(10,060)
(10,589)
Net current liabilities
(10,008)
(10,491)
Total assets less current liabilities
4,500
4,017
Creditors: amounts falling due after more than one year
(118,045)
(99,096)
Net liabilities
(113,545)
(95,079)
Called up share capital
100
100
Capital redemption reserve
217,598
217,598
Profit and loss account
(331,243)
(312,777)
Shareholders' funds
(113,545)
(95,079)
For the year ending 31 March 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 6 December 2023 and were signed on its behalf by
Stanley Olutola
Director
Company Registration No. 4114388
Candid Accountants Limited
Notes to the Accounts
for the year ended 31 March 2023
Candid Accountants Limited is a private company, limited by shares, registered in England and Wales, registration number 4114388. The registered office is 43 High street, Thornton Heath, surrey, CR7 8RW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Other tangible fixed assets
25%
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
55,522
9,517
65,039
At 31 March 2023
55,522
9,517
65,039
At 1 April 2022
41,407
9,124
50,531
At 31 March 2023
41,407
9,124
50,531
At 31 March 2023
14,115
393
14,508
At 31 March 2022
14,115
393
14,508
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
10,060
10,589
Candid Accountants Limited
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
118,045
99,096
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).
