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REGISTERED NUMBER: 12206421 (England and Wales)







Financial Statements for the Year Ended 31 December 2022

for

Carrick Global Wealth Limited

Carrick Global Wealth Limited (Registered number: 12206421)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Carrick Global Wealth Limited

Company Information
for the Year Ended 31 December 2022







DIRECTOR: Ms H S Roos





REGISTERED OFFICE: Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY





REGISTERED NUMBER: 12206421 (England and Wales)





AUDITORS: Dunkley's Statutory Auditors Chartered Accountants
Woodlands Grange
Woodlands Lane
Bradley Stoke
Bristol
BS32 4JY

Carrick Global Wealth Limited (Registered number: 12206421)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 381 -

CURRENT ASSETS
Debtors 5 46,933 12,556
Cash at bank - 2,001
46,933 14,557
CREDITORS
Amounts falling due within one year 6 66,737 34,886
NET CURRENT LIABILITIES (19,804 ) (20,329 )
TOTAL ASSETS LESS CURRENT LIABILITIES (19,423 ) (20,329 )

CAPITAL AND RESERVES
Called up share capital 8 20 20
Retained earnings (19,443 ) (20,349 )
SHAREHOLDERS' FUNDS (19,423 ) (20,329 )

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 October 2023 and were signed by:





C T Featherby - Director


Carrick Global Wealth Limited (Registered number: 12206421)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

Carrick Global Wealth 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
The directors intend to cease the company's trade within twelve months of the signing of these financial statements, and as a result do not consider the company to be a going concern.
The company's activities have continued with the support of the group, which have allowed the company to cease its activities and settle its debts without entering administration.

As a result, the following basis of preparation has been used.
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.
The financial statements have been prepared under the a basis other than that of a going concern, with all assets based on historic cost, less accumulated depreciation and accumulated impairment. Where this carrying value is considered to be greater than the asset's expected, recoverable fair value, further provision is made.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Rendering of Services

Revenue from a contract to provide services is recognised in the period which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
- The revenue can be measured reliably.
- It is probable that the Company will receive the consideration due under the contract.
- The stage of completion of completion of the contract at the end of the reporting period can be measured reliably.
- The costs incurred and the costs to complete the contract can be measured reliably.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33.33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Carrick Global Wealth Limited (Registered number: 12206421)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

2. ACCOUNTING POLICIES - continued

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 2 (2021 - 1 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
Additions 548
At 31 December 2022 548
DEPRECIATION
Charge for year 167
At 31 December 2022 167
NET BOOK VALUE
At 31 December 2022 381

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 21,012 5,948
Other debtors - 2,748
Directors' current accounts 1,818 2,596
Prepayments and accrued income 24,103 1,264
46,933 12,556

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Bank loans and overdrafts 1,394 -
Trade creditors 9,444 1,111
Amounts owed to group undertakings 23,782 15,761
Social security and other taxes 4,678 6,926
Other creditors 4,395 185
Accruals and deferred income 18,344 6,203
Accrued expenses 4,700 4,700
66,737 34,886

7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.12.22 31.12.21
£    £   
Within one year 816 780

Carrick Global Wealth Limited (Registered number: 12206421)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.22 31.12.21
value: £    £   
20 Ordinary £1 20 20

9. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Matthew Dobbins (FCA) (Senior Statutory Auditor)
for and on behalf of Dunkley's Statutory Auditors Chartered Accountants

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 December 2022 and the period ended 31 December 2021:

31.12.22 31.12.21
£    £   
Ms H S Roos
Balance outstanding at start of year 2,596 -
Amounts advanced - 2,596
Amounts repaid (777 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,819 2,596

The directors loan is unsecured,interest free and repayable on demand. It has been repaid within nine months.

11. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The parent of the smallest and largest group for which consolidated financial statements are drawn up of which this company is a member is Carrick International. The registered office is 11th Floor, NeXTeracom Building, Tower 1, Cybercity, Ebene, Mauritius.

12. GOING CONCERN

As at the year-end date the company had negative equity. Post year end the company has ceased to trade and is therefore not a going concern. However, the group continues to provide financial support to the company.