Money People Solutions Limited - Accounts to registrar (filleted) - small 17.3
Money People Solutions Limited - Accounts to registrar (filleted) - small 17.3
REGISTERED NUMBER: |
Unaudited Financial Statements |
For The Period |
13th October 2016 to 31st October 2017 |
for |
Money People Solutions Limited |
T/A |
Debt Saving Experts |
Money People Solutions Limited (Registered number: 10424873) |
T/A Debt Saving Experts |
Contents of the Financial Statements |
For The Period 13th October 2016 to 31st October 2017 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
Money People Solutions Limited |
T/A Debt Saving Experts |
Company Information |
For The Period 13th October 2016 to 31st October 2017 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Bank House |
4 Wharf Road |
Sale |
Cheshire |
M33 2AF |
Money People Solutions Limited (Registered number: 10424873) |
T/A Debt Saving Experts |
Balance Sheet |
31st October 2017 |
Notes | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Debtors | 5 |
Cash at bank |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
PROVISIONS FOR LIABILITIES |
NET LIABILITIES | ( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) |
( |
) |
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. |
Money People Solutions Limited (Registered number: 10424873) |
T/A Debt Saving Experts |
Balance Sheet - continued |
31st October 2017 |
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 on by: |
Money People Solutions Limited (Registered number: 10424873) |
T/A Debt Saving Experts |
Notes to the Financial Statements |
For The Period 13th October 2016 to 31st October 2017 |
1. | STATUTORY INFORMATION |
Money People Solutions Limited is a |
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 |
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 |
Computer equipment | - |
Taxation |
Taxation for the period 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 period 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. |
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the |
lease. |
Going concern |
The directors' loan account amounted to £2,637 at the year end. The directors have agreed not to withdraw their |
loans until sufficient funds are available. |
The directors have reviewed projected cash flow information covering the 12 months from the date on which |
they approved the financial statements. On the basis of this information, other financial information covering the |
year thereafter and discussions with major creditors, the directors consider that it is likely facilities adequate for |
the company's requirements will be forthcoming. On this basis, the directors consider it appropriate to prepare |
the financial statements on the going concern basis. |
Money People Solutions Limited (Registered number: 10424873) |
T/A Debt Saving Experts |
Notes to the Financial Statements - continued |
For The Period 13th October 2016 to 31st October 2017 |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Computer |
equipment |
£ |
COST |
Additions |
At 31st October 2017 |
DEPRECIATION |
Charge for period |
At 31st October 2017 |
NET BOOK VALUE |
At 31st October 2017 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Prepayments |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
£ |
Directors' loan accounts | 2,637 |