2022-02-01 SC686391 2023-03-31 SC686391 2022-02-01 2023-03-31 SC686391 2022-01-31 SC686391 2021-01-19 2022-01-31 SC686391 uk-core:WithinOneYear uk-bus:Original 2022-01-31 SC686391 uk-core:WithinOneYear uk-bus:Original 2023-03-31 SC686391 uk-core:AfterOneYear uk-bus:Original 2022-01-31 SC686391 uk-core:AfterOneYear uk-bus:Original 2023-03-31 SC686391 uk-core:ShareCapital uk-bus:Original 2023-03-31 SC686391 uk-core:ShareCapital uk-bus:Original 2022-01-31 SC686391 uk-bus:Director1 uk-bus:Original 2022-02-01 2023-03-31 SC686391 uk-core:NetGoodwill uk-bus:Original 2022-02-01 2023-03-31 SC686391 uk-core:Goodwill uk-bus:Original 2022-02-01 2023-03-31 SC686391 uk-core:Goodwill uk-bus:Original 2023-03-31 SC686391 uk-core:WithinOneYear uk-bus:Original uk-core:Secured 2023-03-31 SC686391 uk-core:WithinOneYear uk-bus:Original uk-core:Secured 2022-01-31 SC686391 uk-core:WithinOneYear uk-bus:Original 2023-03-31 SC686391 uk-core:WithinOneYear uk-bus:Original 2022-01-31 SC686391 3 uk-bus:Original uk-bus:Director1 2022-02-01 2023-03-31 SC686391 3 uk-bus:Original uk-bus:Director1 2023-03-31 SC686391 3 uk-bus:Original uk-bus:Director1 2022-01-31 iso4217:GBP xbrli:pure SC686391 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-02-01 2023-03-31 SC686391 uk-bus:FRS102 uk-bus:Original 2022-02-01 2023-03-31 SC686391 uk-bus:FilletedAccounts uk-bus:Original 2022-02-01 2023-03-31 SC686391 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-02-01 2023-03-31
Keenan Wealth Management Ltd
Registered Number:SC686391
For the period ended 31 March 2023
Unknown
Unaudited Financial Statements
2
For the period ended 31 March 2023
Keenan Wealth Management Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC686391
As at 31 March 2023
Keenan Wealth Management Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Intangible assets
202,628
-
2
202,628
-
Current assets
Trade and other receivables
-
3,424
3
100
Cash and cash equivalents
-
3,424
100
Trade and other payables: amounts falling due within one
year
-
(25,281)
4
100
(21,857)
Net current liabilities
Total assets less current liabilities
180,771
100
Trade and other payables: amounts falling due after more
than one year
-
(180,671)
5
100
Net assets
100
Capital and reserves
Called up share capital
100
100
100
100
Shareholders' funds
For the period 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 members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Peter Keenan Director
These financial statements were approved and authorised for issue by the Board on 18 October 2023 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the period ended 31 March 2023
Keenan Wealth Management Ltd
Notes to the Financial Statements
Statutory Information
Keenan Wealth Management Ltd is a private limited company, limited by shares, domiciled in Unknown, registration
number SC686391.
Registered address:
70 Pirniefield Place
Edinburgh
EH6 7PS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of 0 years.
2. Intangible fixed assets
Goodwill
Cost or valuation
£
Additions
202,628
At 31 March 2023
202,628
Net book value
At 31 March 2023
202,628
3. Trade and other receivables
2022
2023
£
£
Other debtors
3,424
-
2 of 3
5
For the period ended 31 March 2023
Keenan Wealth Management Ltd
Notes to the Financial Statements Continued
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
20,263
-
Bank loans and overdraft
2,393
-
Taxation and social security
1,785
-
Other creditors
840
-
25,281
-
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
180,671
-
6. Directors advances and guarantees
At 01/02/2022
Loaned
At 31/03/2023
£
£
£
Mr Peter Keenan
Interest Free and cleared off within 9 months of year end
3,424
-
3,424
3,424
-
3,424
7. Average number of persons employed
During the year the average number of employees was 1
3 of 3