Company Registration No. 04586658 (England and Wales)
Peartree Wealth Management Ltd
Unaudited accounts
for the year ended 31 March 2023
Peartree Wealth Management Ltd
Unaudited accounts
Contents
Peartree Wealth Management Ltd
Company Information
for the year ended 31 March 2023
Company Number
04586658 (England and Wales)
Registered Office
Pear Tree Cottage
Cherry Green, Broxted
Great Dunmow
Essex
CM6 2DD
Accountants
Wednesday Professional Services Ltd
50 Princes Street
Ipswich
Suffolk
IP1 1RJ
Peartree Wealth Management Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
2,363
3,156
Cash at bank and in hand
37,743
50,075
Creditors: amounts falling due within one year
(57,320)
(76,405)
Net current assets
76,650
158,245
Total assets less current liabilities
79,013
161,401
Creditors: amounts falling due after more than one year
(22,023)
(40,931)
Called up share capital
79
79
Profit and loss account
56,911
120,391
Shareholders' funds
56,990
120,470
For the year ending 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 26 April 2023 and were signed on its behalf by
H B Roberts
Director
Company Registration No. 04586658
Peartree Wealth Management Ltd
Notes to the Accounts
for the year ended 31 March 2023
Peartree Wealth Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 04586658. The registered office is Pear Tree Cottage, Cherry Green, Broxted, Great Dunmow, Essex, CM6 2DD.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
Computer equipment
33% on Cost
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2022
6,389
8,541
14,930
At 31 March 2023
6,389
8,541
14,930
At 1 April 2022
5,177
6,597
11,774
Charge for the year
151
642
793
At 31 March 2023
5,328
7,239
12,567
At 31 March 2023
1,061
1,302
2,363
At 31 March 2022
1,212
1,944
3,156
Amounts falling due within one year
Other debtors
57,808
121,008
Peartree Wealth Management Ltd
Notes to the Accounts
for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
12,023
12,023
Taxes and social security
33,401
53,363
Other creditors
8,519
8,519
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Creditors: amounts falling due after more than one year
2023
2022
Other creditors
15,864
24,382
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Average number of employees
During the year the average number of employees was 7 (2022: 7).