Exchange Street FS Ltd - Accounts to registrar (filleted) - small 18.2

Exchange Street FS Ltd - Accounts to registrar (filleted) - small 18.2

EXCHANGE STREET FINANCIAL SERVICES LIMITED - Company Information

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REGISTERED NUMBER: 06473936 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2018

FOR

EXCHANGE STREET FINANCIAL SERVICES
LIMITED
EXCHANGE STREET FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 06473936)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


EXCHANGE STREET FINANCIAL SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2018







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
Page 1
EXCHANGE STREET FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 06473936)

ABRIDGED BALANCE SHEET
31 MARCH 2018

31/3/18 31/3/17
£    £   
CURRENT ASSETS
Debtors 68,570 38,700
Cash at bank 149,065 226,160
217,635 264,860
CREDITORS
Amounts falling due within one year 43,437 114,050
NET CURRENT ASSETS 174,198 150,810
TOTAL ASSETS LESS CURRENT
LIABILITIES
174,198
150,810

CAPITAL AND RESERVES
Called up share capital 400 400
Retained earnings 173,798 150,410
SHAREHOLDERS' FUNDS 174,198 150,810

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2018 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 of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 March 2018 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 on 19 December 2018 and were signed on its behalf
by:





S W McNamee - Director


The notes form part of these financial statements

Page 2
EXCHANGE STREET FINANCIAL SERVICES
LIMITED (REGISTERED NUMBER: 06473936)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2018

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 the provisions of Section 1A "Small Entities" 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 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.

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 4 (2017 - 3 ) .

4. RELATED PARTY DISCLOSURES

During the year, the company made a loan to Exchange Street Claims Limited, a related party. At 31 March
2018, the Company was owed £26,034 from Exchange Street Claims Limited (2017 - Owed £86,646 to
Exchange Street Claims Limited).

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.

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