REGENT DOW WEALTH LIMITED

Company Registration Number:
11056370 (England and Wales)

Unaudited micro entity accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

REGENT DOW WEALTH LIMITED

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

REGENT DOW WEALTH LIMITED

Company Information

for the Period Ended 30 November 2023




Director: Cieran Downes
Registered office: Flat 15 Barnes Court
Clarence Road
London
England
N22 8PJ
Company Registration Number: 11056370 (England and Wales)

REGENT DOW WEALTH LIMITED

Directors' Report Period Ended 30 November 2023

The directors present their report with the financial statements of the company for the period ended 30 November 2023

Principal Activities

Financial Planning. Wealth management. The principal activity of the company in the year under review was that of financial intermediation.

Political and charitable donations

Charitable donations would have largely been paid gross. Principally there is small donations to the St. James's Place Foundation, which is a registered UK charity.

Additional information

The director who held office during the year and up to the date of signature of the financial statements was as follows: Mr C Downes Small companies exemption This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption. On behalf of the board

Directors

The directors shown below have held office during the whole of the period from 01 December 2022 to 30 November 2023
Cieran Downes

This report was approved by the board of directors on 10 April 2024
And Signed On Behalf Of The Board By:

Name: Cieran Downes
Status: Director

REGENT DOW WEALTH LIMITED

Profit and Loss Account

for the Period Ended 30 November 2023


2023
£

2022
£
Turnover 134,808 -
Income from coronavirus (COVID-19) business support grants 0 -
Cost of Materials ( 6,616 ) -
Staff Costs ( 51,453 ) -
Depreciation and Writeoffs ( 0 ) -
Other charges ( 74,319 ) -
Tax on Profit ( 460 ) -
Profit or (Loss) for Period 1,960 -

REGENT DOW WEALTH LIMITED

Balance sheet

As at 30 November 2023


2023
£

2022
£
Called up share capital not paid: 100
Current assets: 203
Net current assets (liabilities): 203
Total assets less current liabilities: 303
Creditors: amounts falling due after more than one year: ( 0 )
Total net assets (liabilities): 303 0
Capital and reserves: 303 0

REGENT DOW WEALTH LIMITED

Balance sheet continued

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 10 April 2024
And Signed On Behalf Of The Board By:

Name: Cieran Downes
Status: Director

The notes form part of these financial statements

REGENT DOW WEALTH LIMITED

Footnotes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Employee Information

    Average number of employees: 2

REGENT DOW WEALTH LIMITED

Footnotes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Off balance sheet disclosure

    It was confusing how the previous accountant arrived at the balance sheet particularly with the negative figures. This has been simplified and re-based.
    This does not affect taxation.
    The client bank cannot be reasonably seen as an asset. Income and bills are paid monthly. So any estimate of future income "current assets" or "current liabilities" is a guess.