Company registration number 09959450 (England and Wales)
AJ PHILLIPS IFA LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
AJ PHILLIPS IFA LTD
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
3,296
4,130
Current assets
176,375
196,239
Creditors: amounts falling due within one year
(60,976)
(70,479)
Net current assets
115,399
125,760
Total assets less current liabilities
118,695
129,890
Creditors: amounts falling due after more than one year
(22,435)
(32,387)
Net assets
96,260
97,503
Capital and reserves
96,260
97,503
Notes to the financial statements
1
Directors' benefits: advances, credit and guarantees
During the year, the company advanced £ 204,071 (2022: £206,188) to the directors and was repaid £ 188,158 (2022: £200,662) against the same balance. At 31 March 2023, the balance owed to the company by the directors was £154,246 (2022: £138,333)
2
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
AJ PHILLIPS IFA LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -
AJ Phillips IFA Ltd is a private company limited by shares incorporated in England and Wales. The registered office is 22 Caradog Court, Ferryside, Dyfed, United Kingdom, SA17 5RR.
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has 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.
The financial statements were approved by the board of directors and authorised for issue on 30 November 2023 and are signed on its behalf by:
Mr A J Phillips
Director
Company Registration Number 09959450