IRIS Accounts Production v23.4.0.336 14449632 Board of Directors Board of Directors Board of Directors Board of Directors Board of Directors 28.10.22 31.12.23 31.12.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh144496322022-10-27144496322023-12-31144496322022-10-282023-12-31144496322022-10-2714449632ns15:EnglandWales2022-10-282023-12-3114449632ns14:PoundSterling2022-10-282023-12-3114449632ns10:Director12022-10-282023-12-3114449632ns10:Director22022-10-282023-12-3114449632ns10:Director32022-10-282023-12-3114449632ns10:Director42022-10-282023-12-3114449632ns10:Director52022-10-282023-12-3114449632ns10:PrivateLimitedCompanyLtd2022-10-282023-12-3114449632ns10:SmallEntities2022-10-282023-12-3114449632ns10:AuditExempt-NoAccountantsReport2022-10-282023-12-3114449632ns10:SmallCompaniesRegimeForDirectorsReport2022-10-282023-12-3114449632ns10:SmallCompaniesRegimeForAccounts2022-10-282023-12-3114449632ns10:FullAccounts2022-10-282023-12-311444963212022-10-282023-12-3114449632ns5:CurrentFinancialInstruments2023-12-3114449632ns5:Non-currentFinancialInstruments2023-12-3114449632ns5:ShareCapital2023-12-3114449632ns5:RetainedEarningsAccumulatedLosses2023-12-3114449632ns10:RegisteredOffice2022-10-282023-12-3114449632ns5:NetGoodwill2022-10-282023-12-3114449632ns5:IntangibleAssetsOtherThanGoodwill2022-10-282023-12-3114449632ns5:FurnitureFittings2022-10-282023-12-3114449632ns5:MotorVehicles2022-10-282023-12-3114449632ns5:ComputerEquipment2022-10-282023-12-3114449632ns5:NetGoodwill2023-12-3114449632ns5:FurnitureFittings2023-12-3114449632ns5:MotorVehicles2023-12-3114449632ns5:ComputerEquipment2023-12-3114449632ns5:AdditionsToInvestments2023-12-3114449632ns5:CostValuation2023-12-3114449632ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-31
REGISTERED NUMBER: 14449632 (England and Wales)















Unaudited Financial Statements

for the Period 28 October 2022 to 31 December 2023

for

S & K Berry Wealth Management Limited

S & K Berry Wealth Management Limited (Registered number: 14449632)






Contents of the Financial Statements
for the Period 28 October 2022 to 31 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


S & K Berry Wealth Management Limited (Registered number: 14449632)

Balance Sheet
31 December 2023

Notes £    £   
FIXED ASSETS
Intangible assets 4 15,721
Tangible assets 5 17,945
Investments 6 4,042,353
4,076,019

CURRENT ASSETS
Debtors 7 142,172
Cash at bank and in hand 289,468
431,640
CREDITORS
Amounts falling due within one year 8 1,228,720
NET CURRENT LIABILITIES (797,080 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,278,939

CREDITORS
Amounts falling due after more than one
year

9

(2,915,519

)

PROVISIONS FOR LIABILITIES (4,486 )
NET ASSETS 358,934

CAPITAL AND RESERVES
Called up share capital 100
Retained earnings 358,834
358,934

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

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

S & K Berry Wealth Management Limited (Registered number: 14449632)

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 Board of Directors and authorised for issue on 8 April 2024 and were signed on its behalf by:




S N Berry - Director Mrs K J Berry - Director




R G Stalker - Director P Power - Director




C D Perkin - Director


S & K Berry Wealth Management Limited (Registered number: 14449632)

Notes to the Financial Statements
for the Period 28 October 2022 to 31 December 2023

1. STATUTORY INFORMATION

S & K Berry Wealth Management 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: 14449632

Registered office: 5 Woodside Mews
Clayton Wood Close
Leeds
West Yorkshire
LS16 6QE

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
Purchased goodwill 1 March 2023 is to be amortised over its remaining residual life of 22 months.

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 - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period 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.


S & K Berry Wealth Management Limited (Registered number: 14449632)

Notes to the Financial Statements - continued
for the Period 28 October 2022 to 31 December 2023

2. ACCOUNTING POLICIES - continued
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 period 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 period was 7 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 22,867
At 31 December 2023 22,867
AMORTISATION
Amortisation for period 7,146
At 31 December 2023 7,146
NET BOOK VALUE
At 31 December 2023 15,721

5. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
Additions 13,567 63,484 9,937 86,988
Disposals - (63,484 ) - (63,484 )
At 31 December 2023 13,567 - 9,937 23,504
DEPRECIATION
Charge for period 2,826 - 2,733 5,559
At 31 December 2023 2,826 - 2,733 5,559
NET BOOK VALUE
At 31 December 2023 10,741 - 7,204 17,945

S & K Berry Wealth Management Limited (Registered number: 14449632)

Notes to the Financial Statements - continued
for the Period 28 October 2022 to 31 December 2023

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 4,042,353
At 31 December 2023 4,042,353
NET BOOK VALUE
At 31 December 2023 4,042,353

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 140,055
Other debtors 2,117
142,172

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Amounts owed to group undertakings 4,077
Taxation and social security 235,741
Other creditors 988,902
1,228,720

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Other creditors 2,915,519

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 1,185,489