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REGISTERED NUMBER: 08798738 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Neill Boulton Wealth Management Ltd

Neill Boulton Wealth Management Ltd (Registered number: 08798738)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Neill Boulton Wealth Management Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: N Boulton





REGISTERED OFFICE: 1 Pye Road
Heswall
Wirral
Merseyside
CH60 0DB





REGISTERED NUMBER: 08798738 (England and Wales)





ACCOUNTANTS: Joanne Stanhope Limited
1 Pye Road
Heswall
Wirral
Merseyside
CH60 0DB

Neill Boulton Wealth Management Ltd (Registered number: 08798738)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,878 2,925
1,878 2,925

CURRENT ASSETS
Cash at bank 87,831 39,802

CREDITORS
Amounts falling due within one year 6 15,374 6,674
NET CURRENT ASSETS 72,457 33,128
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,335

36,053

CREDITORS
Amounts falling due after more than one
year

7

50,334

12,052
NET ASSETS 24,001 24,001

CAPITAL AND RESERVES
Called up share capital 40 40
Retained earnings 23,961 23,961
SHAREHOLDERS' FUNDS 24,001 24,001

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

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

The director acknowledges his 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.

Neill Boulton Wealth Management Ltd (Registered number: 08798738)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 February 2024 and were signed by:





N Boulton - Director


Neill Boulton Wealth Management Ltd (Registered number: 08798738)

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

1. STATUTORY INFORMATION

Neill Boulton Wealth Management Ltd 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.

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

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 20% 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.

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.

Neill Boulton Wealth Management Ltd (Registered number: 08798738)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 50,000
AMORTISATION
At 1 January 2023
and 31 December 2023 50,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 2,108 7,334 9,442
DEPRECIATION
At 1 January 2023 2,040 4,477 6,517
Charge for year 45 1,002 1,047
At 31 December 2023 2,085 5,479 7,564
NET BOOK VALUE
At 31 December 2023 23 1,855 1,878
At 31 December 2022 68 2,857 2,925

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Taxation and social security 14,835 6,132
Other creditors 539 542
15,374 6,674

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Other creditors 50,334 12,052

Neill Boulton Wealth Management Ltd (Registered number: 08798738)

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

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
N Boulton
Balance outstanding at start of year (12,053 ) (15,749 )
Amounts advanced 3,598 8,412
Amounts repaid (41,879 ) (4,716 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (50,334 ) (12,053 )

9. ULTIMATE CONTROLLING PARTY

The controlling party is N Boulton.