Company registration number 03828757 (England and Wales)
DAVISONS (FINANCIAL SERVICES) LIMITED
COMPANY LIMITED BY SHARES
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022
PAGES FOR FILING WITH REGISTRAR
DAVISONS (FINANCIAL SERVICES) LIMITED
COMPANY LIMITED BY SHARES
CONTENTS
Page
Accountants' report
1
Balance sheet and notes to the financial statements
2 - 3
DAVISONS (FINANCIAL SERVICES) LIMITED
COMPANY LIMITED BY SHARES
ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF DAVISONS (FINANCIAL SERVICES) LIMITED FOR THE YEAR ENDED 31 MARCH 2022
- 1 -
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Davisons (Financial Services) Limited for the year ended 31 March 2022, which comprise the balance sheet, from the company’s accounting records and from information and explanations you have given us.
This report is made solely to the
b
oard of
d
irectors of Davisons (Financial Services) Limited, as a body, in accordance with the terms of our engagement letter dated 10 March 2016. Our work has been undertaken solely to prepare for your approval the financial statements of Davisons (Financial Services) Limited and state those matters that we have agreed to state to the
b
oard of
d
irectors of Davisons (Financial Services) Limited, as a body
, in this report.
To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Davisons (Financial Services) Limited and its
b
oard of
d
irectors as a body, for our work or for this report.
It is your duty to ensure that Davisons (Financial Services) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit
of Davisons (Financial Services) Limited. You consider that Davisons (Financial Services) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Davisons (Financial Services) Limited. For this reason, we have not verified the accuracy or completeness of the
accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Azets
31 March 2023
Lime Court
Pathfields Business Park
South Molton
Devon
United Kingdom
EX36 3LH
DAVISONS (FINANCIAL SERVICES) LIMITED
COMPANY LIMITED BY SHARES
BALANCE SHEET
AS AT 31 MARCH 2022
- 2 -
2022
2021
£
£
£
£
Fixed assets
165,691
5,605
Current assets
168,429
298,122
Creditors: amounts falling due within one year
(108,796)
(81,355)
Net current assets
59,633
216,767
Total assets less current liabilities
225,324
222,372
Net assets
225,324
222,372
Capital and reserves
225,324
222,372
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees
During the year the director received loans of £21,781 (2021 - £36,088) on which interest was charged. During the year repayments of £206,155 were made. The amount outstanding as at 31 March 2022 was £Nil (2021 - £184,374).
2
Employees
The average number of persons
,
including directors
,
employed by the company during the year wa
s as follows:
2022
2021
Number
Number
Employees
2
2
Davisons (Financial Services) Limited is a private company limited by shares incorporated in England and Wales. The registered office is Lime Court, Pathfields Business Park, South Molton, Devon, United Kingdom, EX36 3LH.
For the year ended 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
DAVISONS (FINANCIAL SERVICES) LIMITED
COMPANY LIMITED BY SHARES
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2022
31 March 2022
- 3 -
The financial statements were approved and signed by the director and authorised for issue on 31 March 2023
Mr J Wright
Director
Company Registration Number 03828757