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REGISTERED NUMBER: 07384266 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

FERGUSON WEALTH MANAGEMENT LIMITED

FERGUSON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 07384266)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


FERGUSON WEALTH MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: G Ferguson





SECRETARY: Ms C Ferguson





REGISTERED OFFICE: 46 Beaconsfield Road
Epsom
Surrey
KT18 6HE





REGISTERED NUMBER: 07384266 (England and Wales)





ACCOUNTANTS: Vernon Gosling Friday Limited
10 Beech Court
Wokingham Road
Hurst
Berkshire
RG10 0RQ

FERGUSON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 07384266)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 12,596 16,805

CURRENT ASSETS
Debtors 5 2,450 -
Cash at bank 62,720 81,308
65,170 81,308
CREDITORS
Amounts falling due within one year 6 39,307 32,607
NET CURRENT ASSETS 25,863 48,701
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,459

65,506

CREDITORS
Amounts falling due after more than one year 7 38,191 45,304
NET ASSETS 268 20,202

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 168 20,102
SHAREHOLDERS' FUNDS 268 20,202

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

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

FERGUSON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 07384266)

STATEMENT OF FINANCIAL POSITION - 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 April 2024 and were signed by:





G Ferguson - Director


FERGUSON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 07384266)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Ferguson Wealth Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

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 year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023
and 31 December 2023 29,975
DEPRECIATION
At 1 January 2023 13,170
Charge for year 4,209
At 31 December 2023 17,379
NET BOOK VALUE
At 31 December 2023 12,596
At 31 December 2022 16,805

FERGUSON WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 07384266)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 2,450 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 7,113 7,113
Taxation and social security 30,064 23,289
Other creditors 2,130 2,205
39,307 32,607

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 38,191 45,304