Shirley Hughes Financial Services Ltd,Ltd - AccountsLtd - Accounts

Shirley Hughes Financial Services Ltd,Ltd - AccountsLtd - Accounts

SHIRLEY HUGHES FINANCIAL SERVICES LTD - Company Information

Print Friendly Version

2022-10-01 06696760 2023-09-30 06696760 2022-10-01 2023-09-30 06696760 2022-09-30 06696760 2021-10-01 2022-09-30 06696760 uk-core:WithinOneYear 2022-09-30 06696760 uk-core:WithinOneYear 2023-09-30 06696760 uk-core:AfterOneYear 2022-09-30 06696760 uk-core:AfterOneYear 2023-09-30 06696760 uk-core:ShareCapital 2023-09-30 06696760 uk-core:ShareCapital 2022-09-30 06696760 uk-core:RetainedEarningsAccumulatedLosses 2023-09-30 06696760 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 06696760 uk-bus:Director1 2022-10-01 2023-09-30 06696760 uk-core:NetGoodwill 2022-10-01 2023-09-30 06696760 uk-core:ToolsEquipment 2022-10-01 2023-09-30 06696760 uk-core:FurnitureFittings 2022-10-01 2023-09-30 06696760 uk-core:Goodwill 2022-09-30 06696760 uk-core:Goodwill 2023-09-30 06696760 uk-core:ToolsEquipment 2022-09-30 06696760 uk-core:FurnitureFittings 2022-09-30 06696760 uk-core:FurnitureFittings 2023-09-30 06696760 uk-core:ToolsEquipment 2023-09-30 iso4217:GBP xbrli:pure 06696760 uk-bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 06696760 uk-bus:FRS102 2022-10-01 2023-09-30 06696760 uk-bus:FilletedAccounts 2022-10-01 2023-09-30 06696760 uk-bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30
Draft
Shirley Hughes Financial Services Ltd
Registered Number:06696760
For the year ended 30 September 2023
England and Wales
Unaudited Financial Statements
2
Draft
For the year ended 30 September 2023
Shirley Hughes Financial Services Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Draft
Registered Number :
06696760
As at 30 September 2023
Shirley Hughes Financial Services Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
10,000
10,000
2
Property, plant and equipment
19,666
11,131
3
29,666
21,131
Current assets
Trade and other receivables
22,250
99,885
4
601,811
Cash and cash equivalents
527,967
627,852
624,061
Trade and other payables: amounts falling due within one
year
(38,084)
(37,992)
5
585,977
589,860
Net current assets
Total assets less current liabilities
619,526
607,108
Trade and other payables: amounts falling due after more
than one year
(9,566)
(12,946)
6
606,580
Net assets
597,542
Capital and reserves
Called up share capital
1,000
1,000
Retained earnings
605,580
596,542
606,580
597,542
Shareholders' funds
For the year ended 30 September 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 of its financial statements for the year ended 30 September 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges her responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Kelly Isla Hughes Director
These financial statements were approved and authorised for issue by the Board on 30 May 2024 and were signed by:
The notes form part of these financial statements
1 of 4
4
Draft
For the year ended 30 September 2023
Shirley Hughes Financial Services Ltd
Notes to the Financial Statements
Statutory Information
Shirley Hughes Financial Services Ltd is a private limited company, limited by shares, domiciled in England and
Wales, registration number 06696760.
Registered address:
43 Cheap Street
Newbury
Berkshire
RG14 5BX
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Computer equipment
25% Reducing balance
Fixtures and fittings
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 October 2022
10,000
At 30 September 2023
10,000
Net book value
At 30 September 2023
10,000
At 30 September 2022
10,000
2 of 4
5
Draft
For the year ended 30 September 2023
Shirley Hughes Financial Services Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
£
£
£
Cost or
valuation
At 01 October 2022
35,090
17,522
17,568
12,844
3,315
9,529
Additions
At 30 September 2023
27,097
20,837
47,934
Provision for depreciation and impairment
At 01 October 2022
23,959
14,463
9,496
Charge for year
4,309
1,259
3,050
At 30 September 2023
28,268
15,722
12,546
At 30 September 2023
Net book value
14,551
5,115
19,666
At 30 September 2022
8,072
3,059
11,131
4. Trade and other receivables
2022
2023
£
£
Trade debtors
26,783
22,250
Other debtors
73,102
-
22,250
99,885
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
3,687
3,409
Taxation and social security
14,305
14,675
Other creditors
20,000
20,000
37,992
38,084
6. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Other creditors
12,946
9,566
7. Average number of persons employed
During the year the average number of employees was 7 (2022 : 7)
3 of 4
6
Draft
For the year ended 30 September 2023
Shirley Hughes Financial Services Ltd
Notes to the Financial Statements Continued
4 of 4