Company Registration No. 6068332 (England and Wales)
CVS FINANCIAL PLANNING LTD
Unaudited accounts
for the year ended 31 January 2022
CVS FINANCIAL PLANNING LTD
Unaudited accounts
Contents
CVS FINANCIAL PLANNING LTD
Company Information
for the year ended 31 January 2022
Directors
Refaqat Sabir
Shazia Sabir
Company Number
6068332 (England and Wales)
Registered Office
UNIT 5 1ST FLOOR
HIGHGATE BUSINESS CENTRE HIGHGATE ROAD
BIRMINGHAM
B12 8EA
Accountants
Mayfield
1st Floor, 5 Highgate Business Centre
Highgate Road
Birmingham
B12 8EA
CVS FINANCIAL PLANNING LTD
Statement of financial position
as at
31 January 2022
Tangible assets
3,665
1,955
Cash at bank and in hand
233
2,222
Creditors: amounts falling due within one year
(9,969)
(41,984)
Net current assets
47,466
76,252
Total assets less current liabilities
51,131
78,207
Creditors: amounts falling due after more than one year
(45,597)
(50,000)
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
4,958
28,004
Shareholders' funds
5,058
28,104
For the year ending 31 January 2022 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 9 March 2022 and were signed on its behalf by
Refaqat Sabir
Director
Company Registration No. 6068332
CVS FINANCIAL PLANNING LTD
Notes to the Accounts
for the year ended 31 January 2022
CVS FINANCIAL PLANNING LTD is a private company, limited by shares, registered in England and Wales, registration number 6068332. The registered office is UNIT 5 1ST FLOOR, HIGHGATE BUSINESS CENTRE HIGHGATE ROAD, BIRMINGHAM, B12 8EA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the invoiced value of services provided by the company.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
18% reducing balance basis
Computer equipment
18% reducing balance basis
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 February 2021
21,134
7,684
28,818
At 31 January 2022
21,134
10,198
31,332
At 1 February 2021
20,165
6,698
26,863
Charge for the year
174
630
804
At 31 January 2022
20,339
7,328
27,667
At 31 January 2022
795
2,870
3,665
At 31 January 2021
969
986
1,955
CVS FINANCIAL PLANNING LTD
Notes to the Accounts
for the year ended 31 January 2022
5
Debtors: amounts falling due within one year
2022
2021
Trade debtors
57,202
66,014
6
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
9,438
2,049
Other creditors
44
39,935
Loans from directors
487
-
7
Creditors: amounts falling due after more than one year
2022
2021
8
Deferred taxation
2022
2021
Accelerated capital allowances
476
103
Provision at start of year
103
126
Charged/(credited) to the profit and loss account
373
(23)
Provision at end of year
476
103
9
Share capital
2022
2021
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 3 (2021: 3).