Miller James Financial Planning Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 08844794 (England and Wales)

Miller James Financial Planning Limited

Unaudited Financial Statements

for the Year Ended 5 April 2023

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr J Miller

Mrs J Miller

REGISTERED OFFICE:

Delta 606

Welton Road

Swindon

Wiltshire

SN5 7XF

REGISTERED NUMBER:

08844794 (England and Wales)

ACCOUNTANTS:

AMS Accountancy Limited

Delta 606

Welton Road

Delta Office Park

Swindon

Wiltshire

SN5 7XF

FIXED ASSETS

Tangible assets

4

4,005

2,407

CURRENT ASSETS

Debtors

5

6,493

8,687

Cash at bank

180,485

154,634

186,978

163,321

CREDITORS

Amounts falling due within one year

6

(49,195

)

(54,967

)

NET CURRENT ASSETS

137,783

108,354

TOTAL ASSETS LESS CURRENT LIABILITIES

141,788

110,761

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

141,786

110,759

SHAREHOLDERS' FUNDS

141,788

110,761

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 December 2023 and were signed on its behalf by:

Mrs J Miller - Director

Mr J Miller - Director

1.	STATUTORY INFORMATION

Miller James Financial Planning 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.

Plant and machinery

-

20% on cost

Fixtures and fittings

-

20% on cost

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

£

£

£

COST

At 6 April 2022

206

560

3,056

3,822

Additions

435

224

3,354

4,013

Disposals

-

-

(100

)

(100

)

At 5 April 2023

641

784

6,310

7,735

DEPRECIATION

At 6 April 2022

205

112

1,098

1,415

Charge for year

128

157

2,063

2,348

Eliminated on disposal

-

-

(33

)

(33

)

At 5 April 2023

333

269

3,128

3,730

NET BOOK VALUE

At 5 April 2023

308

515

3,182

4,005

At 5 April 2022

1

448

1,958

2,407

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

as restated

£

£

Trade debtors

6,491

-

Other debtors

2

8,687

6,493

8,687

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2023

2022

as restated

£

£

Trade creditors

1,345

118

Taxation and social security

43,433

47,915

Other creditors

4,417

6,934

49,195

54,967

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2023

2022

value:

as restated

£

£

2

Ordinary

£1

2

2