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Company Registration No. 11052590 (England and Wales)
East Anglia Wealth Management Limited Unaudited accounts for the year ended 31 March 2023
East Anglia Wealth Management Limited Unaudited accounts Contents
Page
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East Anglia Wealth Management Limited Company Information for the year ended 31 March 2023
Directors
Nicholas Powell Charlotte Elizabeth Fiddy James Robert David Fiddy Colleen Rachel Giacomelli Daniel Shaun Giacomelli Daniel Giacomelli
Company Number
11052590 (England and Wales)
Registered Office
52 Colegate Norwich Norfolk NR3 1DD England
Accountants
Eastfield Accountants Limited Blofield Business Centre Woodbastwick Road Blofield Heath Norwich Norfolk NR13 4RR
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East Anglia Wealth Management Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
845,073 
521,389 
Tangible assets
4,989 
8,208 
850,062 
529,597 
Current assets
Debtors
72,144 
68,852 
Cash at bank and in hand
103,802 
295,367 
175,946 
364,219 
Creditors: amounts falling due within one year
(92,918)
(143,379)
Net current assets
83,028 
220,840 
Total assets less current liabilities
933,090 
750,437 
Creditors: amounts falling due after more than one year
(383,937)
(498,103)
Net assets
549,153 
252,334 
Capital and reserves
Called up share capital
204 
204 
Share premium
400,000 
- 
Profit and loss account
148,949 
252,130 
Shareholders' funds
549,153 
252,334 
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 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 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 of Directors and authorised for issue on 3 November 2023 and were signed on its behalf by
James Robert David Fiddy Director Company Registration No. 11052590
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East Anglia Wealth Management Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
East Anglia Wealth Management Limited is a private company, limited by shares, registered in England and Wales, registration number 11052590. The registered office is 52 Colegate, Norwich, Norfolk, NR3 1DD, England.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
20% Reducing Balance
Computer equipment
25% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2022
813,164 
Additions
450,000 
At 31 March 2023
1,263,164 
Amortisation
At 1 April 2022
291,775 
Charge for the year
126,316 
At 31 March 2023
418,091 
Net book value
At 31 March 2023
845,073 
At 31 March 2022
521,389 
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East Anglia Wealth Management Limited Notes to the Accounts for the year ended 31 March 2023
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
7,000 
14,119 
21,119 
At 31 March 2023
7,000 
14,119 
21,119 
Depreciation
At 1 April 2022
2,520 
10,391 
12,911 
Charge for the year
896 
2,323 
3,219 
At 31 March 2023
3,416 
12,714 
16,130 
Net book value
At 31 March 2023
3,584 
1,405 
4,989 
At 31 March 2022
4,480 
3,728 
8,208 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
64,832 
51,028 
Accrued income and prepayments
- 
106 
Other debtors
7,312 
17,718 
72,144 
68,852 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
37,500 
41,085 
Taxes and social security
53,584 
66,697 
Other creditors
370 
670 
Loans from directors
- 
33,677 
Accruals
1,464 
1,250 
92,918 
143,379 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
383,937 
498,103 
9
Average number of employees
During the year the average number of employees was 7 (2022: 7).
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