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REGISTERED NUMBER: 08288660 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2023

for

Hartey Wealth Management Limited

Hartey Wealth Management Limited (Registered number: 08288660)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hartey Wealth Management Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: T Hartey
K Hartey
W A McBride





REGISTERED OFFICE: Hilliards Court
Chester Business Park
Chester
Cheshire
CH4 9QP





REGISTERED NUMBER: 08288660 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Hartey Wealth Management Limited (Registered number: 08288660)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 8,616 6,086

CURRENT ASSETS
Debtors 5 68,389 25,394
Cash at bank and in hand 244,900 373,617
313,289 399,011
CREDITORS
Amounts falling due within one year 6 119,058 120,460
NET CURRENT ASSETS 194,231 278,551
TOTAL ASSETS LESS CURRENT
LIABILITIES

202,847

284,637

CREDITORS
Amounts falling due after more than one
year

7

(130,632

)

(199,899

)

PROVISIONS FOR LIABILITIES (1,637 ) (1,156 )
NET ASSETS 70,578 83,582

CAPITAL AND RESERVES
Called up share capital 22,000 22,000
Retained earnings 48,578 61,582
SHAREHOLDERS' FUNDS 70,578 83,582

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

Hartey Wealth Management Limited (Registered number: 08288660)

Balance Sheet - continued
31 March 2023


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 June 2023 and were signed on its behalf by:




T Hartey - Director



W A McBride - Director


Hartey Wealth Management Limited (Registered number: 08288660)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Hartey Wealth Management 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
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 historical cost convention.

The financial statements are presented in sterling, which is the functional currency of the company rounded to the nearest £1.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 15 (2022 - 15 ) .

Hartey Wealth Management Limited (Registered number: 08288660)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 April 2022 35,291
Additions 5,402
At 31 March 2023 40,693
DEPRECIATION
At 1 April 2022 29,205
Charge for year 2,872
At 31 March 2023 32,077
NET BOOK VALUE
At 31 March 2023 8,616
At 31 March 2022 6,086

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 66,123 20,096
Other debtors 2,266 5,298
68,389 25,394

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Bank loans and overdrafts 65,729 62,929
Trade creditors 7,500 7,500
Amounts owed to associates 1,499 -
Taxation and social security 39,113 48,005
Other creditors 5,217 2,026
119,058 120,460

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.23 31.3.22
£    £   
Bank loans 130,632 199,899

8. RELATED PARTY DISCLOSURES

During the year, total dividends of £145,462 (2022 - £180,881) were paid to the directors .