Exchange Street FS Ltd - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 06473936 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

EXCHANGE STREET FINANCIAL SERVICES

LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

S W McNamee

M Porthouse

R Perry

A Taylor

REGISTERED OFFICE:

Bank House

Wharf Road

Sale

Cheshire

M33 2AF

REGISTERED NUMBER:

06473936 (England and Wales)

ACCOUNTANTS:

Walker Begley Limited

Chartered Accountants

207 Knutsford Road

Grappenhall

Warrington

Cheshire

WA4 2QL

CURRENT ASSETS

Debtors

46,644

46,155

Cash at bank

301,921

255,711

348,565

301,866

CREDITORS

Amounts falling due within one year

36,936

24,546

NET CURRENT ASSETS

311,629

277,320

TOTAL ASSETS LESS CURRENT LIABILITIES

311,629

277,320

CREDITORS

Amounts falling due after more than one year

21,667

31,667

NET ASSETS

289,962

245,653

CAPITAL AND RESERVES

Called up share capital

400

400

Retained earnings

289,562

245,253

SHAREHOLDERS' FUNDS

289,962

245,653

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the Board of Directors and authorised for issue on 21 December 2023 and were signed on its behalf by:

S W McNamee - Director

1.	STATUTORY INFORMATION

Exchange Street Financial Services 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.

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 - 3 ) .

4.	RELATED PARTY DISCLOSURES

During the year, the company made a loan to Exchange Street Claims Limited, a related party. At 31 March 2023, the Company was owed £24,704 from Exchange Street Claims Limited (2022 £24,717).

5.	ULTIMATE CONTROLLING PARTY

The directors, Mr S McNamee, Mr M Porthouse, Mr R Parry and Mr A Taylor, control the company by virtue of their 100% interest in the ordinary share capital of the company.