Company registration number:
04691257
Independent Personal Financial Management Ltd
Unaudited filleted financial statements
31 October 2018
Independent Personal Financial Management Ltd
Contents
Directors and other information
Accountants report
Statement of financial position and notes to the financial statements
Independent Personal Financial Management Ltd
Directors and other information
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Directors
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J L W Gibbon
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C M Gibbon
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(Appointed 1 March 2019)
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Secretary
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Charlotte Gibbon
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Company number
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04691257
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Registered office
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Millers Barn
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48a Shortmead Street
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Biggleswade
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Beds
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SG18 0AP
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Business address
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Millers Barn
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48a Shortmead Street
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Biggleswade
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Beds
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SG18 0AP
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Accountants
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Hyde & Lewis Limited
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45 Shortmead Street
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Biggleswade
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Beds
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SG18 0AT
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Independent Personal Financial Management Ltd
Report to the board of directors on the preparation of the
unaudited statutory financial statements of Independent Personal Financial Management Ltd
Year ended 31 October 2018
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Independent Personal Financial Management Ltd for the year ended 31 October 2018 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/ professional-standards/ rules-standards/acca-rulebook.html.
This report is made solely to the board of directors of Independent Personal Financial Management Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the financial statements of Independent Personal Financial Management Ltd and state those matters that we have agreed to state to the board of directors of Independent Personal Financial Management Ltd as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global /Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Independent Personal Financial Management Ltd and its board of directors as a body for our work or for this report.
It is your duty to ensure that Independent Personal Financial Management Ltd 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 Independent Personal Financial Management Ltd. You consider that Independent Personal Financial Management Ltd 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 Independent Personal Financial Management Ltd. 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.
Hyde & Lewis Limited
Chartered Certified Accountants
45 Shortmead Street
Biggleswade
Beds
SG18 0AT
20 June 2019
Independent Personal Financial Management Ltd
Statement of financial position
31 October 2018
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2018
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2017
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£
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£
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£
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£
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Fixed assets
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19,140
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19,174
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_______
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Current assets
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474,476
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414,246
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Prepayments and accrued income
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9,958
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9,443
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484,434
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423,689
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Creditors: amounts falling due within one year
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(
41,091)
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28,257)
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_______
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Net current assets
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443,343
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395,432
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Total assets less current liabilities
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462,483
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414,606
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Accruals and deferred income
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(
2,056)
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(
9,008)
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Net assets
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460,427
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405,598
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Capital and reserves
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460,427
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405,598
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Notes to the financial statements
Independent Personal Financial Management Ltd
Year ended 31 October 2018
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
4
(2017:
4
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2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company:
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2018
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Balance brought forward
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Advances /(credits) to the directors
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Balance o/standing
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£
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£
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£
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J L W Gibbon
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150,898
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3,711
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154,609
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2017
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Balance brought forward
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Advances /(credits) to the directors
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Balance o/standing
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£
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£
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£
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J L W Gibbon
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199,148
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(
48,250)
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150,898
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The above loans are interest free and no repayment period has been set.
For the year ending 31 October 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
20 June 2019
, and are signed on behalf of the board by:
C M Gibbon
Director
Company registration number:
04691257
The company is a private company limited by shares, registered in England & Wales.