IRIS Accounts Production v23.3.1.45 10777690 director 1.6.22 31.5.23 31.5.23 true false true false false true false Ordinary 1.00000 Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh107776902022-05-31107776902023-05-31107776902022-06-012023-05-31107776902021-05-31107776902021-06-012022-05-31107776902022-05-3110777690ns10:Originalns15:EnglandWales2022-06-012023-05-3110777690ns14:PoundSterlingns10:Original2022-06-012023-05-3110777690ns10:Originalns10:Director12022-06-012023-05-3110777690ns10:Original2022-06-012023-05-3110777690ns10:Original2023-05-3110777690ns10:Originalns10:PrivateLimitedCompanyLtd2022-06-012023-05-3110777690ns10:Originalns10:SmallEntities2022-06-012023-05-3110777690ns10:Originalns10:AuditExempt-NoAccountantsReport2022-06-012023-05-3110777690ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-06-012023-05-3110777690ns10:SmallCompaniesRegimeForAccountsns10:Original2022-06-012023-05-3110777690ns10:Originalns10:FullAccounts2022-06-012023-05-3110777690ns10:Originalns10:OrdinaryShareClass12022-06-012023-05-3110777690ns10:Original2022-05-3110777690ns10:Originalns5:CurrentFinancialInstruments2023-05-3110777690ns10:Originalns5:CurrentFinancialInstruments2022-05-3110777690ns5:ShareCapitalns10:Original2023-05-3110777690ns5:ShareCapitalns10:Original2022-05-3110777690ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-05-3110777690ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-05-3110777690ns10:Originalns10:RegisteredOffice2022-06-012023-05-3110777690ns10:Original2021-06-012022-05-3110777690ns10:Originalns5:CostValuation2022-05-3110777690ns10:Originalns10:OrdinaryShareClass12023-05-31
REGISTERED NUMBER: 10777690 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 May 2023

for

D.W.B Wealth Limited

D.W.B Wealth Limited (Registered number: 10777690)






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




Page

Statement of Financial Position 1

Notes to the Financial Statements 3


D.W.B Wealth Limited (Registered number: 10777690)

Statement of Financial Position
31 May 2023

31.5.23 31.5.22
Notes £    £    £    £   
FIXED ASSETS
Investments 4 98,269 98,269

CREDITORS
Amounts falling due within one year 5 101,647 101,647
NET CURRENT LIABILITIES (101,647 ) (101,647 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(3,378

)

(3,378

)

CAPITAL AND RESERVES
Called up share capital 6 1,000 1,000
Retained earnings (4,378 ) (4,378 )
SHAREHOLDERS' FUNDS (3,378 ) (3,378 )

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

D.W.B Wealth Limited (Registered number: 10777690)

Statement of Financial Position - continued
31 May 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 28 February 2024 and were signed by:





Mr Daniel William Bowden - Director


D.W.B Wealth Limited (Registered number: 10777690)

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

1. STATUTORY INFORMATION

D.W.B Wealth Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 10777690

Registered office: 01 Meadlake Place
Thorpe Lea Road
Egham
Surrey
TW20 8HE

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 company was dormant throughout the year ended 31 May 2023. However, reference to information relating to the year ended 31 May 2022 has been made where appropriate.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

D.W.B Wealth Limited (Registered number: 10777690)

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

2. ACCOUNTING POLICIES - continued

Going concern
The company has net liabilities of £3,378 and had no activities during the year and was primarily dormant. The directors though confirmed to provide the support required to the company as and when the activity starts.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

4. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 June 2022
and 31 May 2023 98,269
NET BOOK VALUE
At 31 May 2023 98,269
At 31 May 2022 98,269

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Other creditors 101,647 101,647

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
1,000 Ordinary £1 1,000 1,000

7. RELATED PARTY DISCLOSURES

The company owes £3,203 to its director, Mr Daniel William Bowden who is also a sole shareholder of the company as at accounting year end date.