01 June 2022 31 May 2023 No principle activity is included 03494487 2022-06-01 03494487 2023-05-31 03494487 2022-06-01 2023-05-31 03494487 2022-05-31 03494487 2016-06-01 2022-05-31 03494487 uk-core:WithinOneYear 2023-05-31 03494487 uk-core:WithinOneYear 2022-05-31 03494487 uk-core:AfterOneYear 2023-05-31 03494487 uk-core:AfterOneYear 2022-05-31 03494487 uk-core:ShareCapital 2023-05-31 03494487 uk-core:ShareCapital 2022-05-31 03494487 uk-core:RetainedEarningsAccumulatedLosses 2023-05-31 03494487 uk-core:RetainedEarningsAccumulatedLosses 2022-05-31 03494487 uk-bus:Director1 2022-06-01 2023-05-31 03494487 uk-bus:FRS102 2022-06-01 2023-05-31 03494487 uk-bus:FullAccounts 2022-06-01 2023-05-31 03494487 uk-bus:AuditExempt-NoAccountantsReport 2022-06-01 2023-05-31 03494487 uk-bus:PrivateLimitedCompanyLtd 2022-06-01 2023-05-31 iso4217:GBP xbrli:pure
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  LYNESS WEALTH MANAGEMENT LIMITED
   
   
   
  UNAUDITED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 31 MAY 2023
   
   
   
   
   
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
  LYNESS WEALTH MANAGEMENT LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 MAY 2023
       
       
  DIRECTORS
       
  M S Bakewell
       
       
  SECRETARY
       
  S Lyness
       
  REGISTERED OFFICE
       
  78 Birmingham Street
Oldbury
West Midlands
B69 4EB
       
       
  COMPANY REGISTERED NUMBER
       
  03494487
       
       
  BANKERS
       
  Lloyds Bank plc
       
       
  ACCOUNTANTS
       
  Lyness Accountancy Practice Limited
  Chartered Certified Accountants
  78 Birmingham Street
Oldbury
West Midlands
B69 4EB
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
  page 1
  LYNESS WEALTH MANAGEMENT LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 MAY 2023
       
       
  CONTENTS
       
  Pages
       
       
       
  3 Statement of Financial Position  
  page 2
  LYNESS WEALTH MANAGEMENT LIMITED
  Company registered number: 03494487
  STATEMENT OF FINANCIAL POSITION AT 31 May 2023
           
    Note 2023 2022
      £ £ £
  CURRENT ASSETS
      - -
  CREDITORS: Amounts falling due within one year   6,461 6,461
  NET CURRENT LIABILITIES   (6,461) (6,461)
  TOTAL ASSETS LESS CURRENT LIABILITIES   (6,461) (6,461)
           
  CREDITORS: Amounts falling due after more than one year   (381,460) (381,460)
  NET LIABILITIES   387,921) 387,921)
       
  CAPITAL AND RESERVES
  Called up share capital   100 100
  Retained earnings   (388,021) (388,021)
  SHAREHOLDERS' FUNDS   387,921) 387,921)
       
       
  In approving these financial statements as directors of the company we hereby confirm the following:
       
  For the year in question 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 for its accounts for the year in question in accordance with section 476,
       
  The directors acknowledge their responsibilities for: a) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and b) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.
 
 
       
  These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
       
  The accounts were approved by the board of directors on 12 February 2024
 
       
 
 
  M Bakewell, Director
  page 3
  LYNESS WEALTH MANAGEMENT LIMITED
  Company registered number: 03494487
  STATEMENT OF FINANCIAL POSITION AT 31 May 2023 (CONT.)
           
    Note 2023 2022
      £ £ £
       
       
2. DIRECTORS AND EMPLOYEES
       
  The average weekly number of directors during the year were as follows:
    2023 2022
    No. No.
  Directors 1 1
   
  page 4