IRIS Accounts Production v24.1.0.578 08768851 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh087688512022-12-31087688512023-12-31087688512023-01-012023-12-31087688512021-12-31087688512022-01-012022-12-31087688512022-12-3108768851ns15:EnglandWales2023-01-012023-12-3108768851ns14:PoundSterling2023-01-012023-12-3108768851ns10:Director12023-01-012023-12-3108768851ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3108768851ns10:SmallEntities2023-01-012023-12-3108768851ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3108768851ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3108768851ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3108768851ns10:FullAccounts2023-01-012023-12-3108768851ns10:RegisteredOffice2023-01-012023-12-3108768851ns5:CurrentFinancialInstruments2023-12-3108768851ns5:CurrentFinancialInstruments2022-12-3108768851ns5:ShareCapital2023-12-3108768851ns5:ShareCapital2022-12-3108768851ns5:RetainedEarningsAccumulatedLosses2023-12-3108768851ns5:RetainedEarningsAccumulatedLosses2022-12-3108768851ns5:FurnitureFittings2023-01-012023-12-3108768851ns5:ComputerEquipment2023-01-012023-12-3108768851ns5:FurnitureFittings2022-12-3108768851ns5:ComputerEquipment2022-12-3108768851ns5:FurnitureFittings2023-12-3108768851ns5:ComputerEquipment2023-12-3108768851ns5:FurnitureFittings2022-12-3108768851ns5:ComputerEquipment2022-12-3108768851ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3108768851ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 08768851 (England and Wales)
















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

DAVID PINDER WEALTH MANAGEMENT LIMITED

DAVID PINDER WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 08768851)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DAVID PINDER WEALTH MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: D J Pinder





REGISTERED OFFICE: 21 Valerian Way
Bingham
Nottingham
NG13 8UR





REGISTERED NUMBER: 08768851 (England and Wales)





ACCOUNTANTS: seven7seven
10 Kingswell Avenue
Arnold
Nottingham
NG5 6SY

DAVID PINDER WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 08768851)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 154 181

CURRENT ASSETS
Debtors 5 5,493 4,668
Cash at bank 93,338 81,416
98,831 86,084
CREDITORS
Amounts falling due within one year 6 23,542 20,073
NET CURRENT ASSETS 75,289 66,011
TOTAL ASSETS LESS CURRENT
LIABILITIES

75,443

66,192

CAPITAL AND RESERVES
Called up share capital 150 150
Retained earnings 75,293 66,042
SHAREHOLDERS' FUNDS 75,443 66,192

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.

DAVID PINDER WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 08768851)

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 director and authorised for issue on 9 April 2024 and were signed by:





D J Pinder - Director


DAVID PINDER WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 08768851)

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

1. STATUTORY INFORMATION

David Pinder 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.

Turnover represents net invoiced sales of services and commissions receivable. Turnover for services sold are only recognised in the income statement upon the signing of the contract by the customer, and commissions receivable are recognised in the income statement annually as they fall due from the investment provider, as agreed in the customer contract.

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 - 15% on reducing balance
Computer equipment - 33% on cost

Taxation
Taxation for the year 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.

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 year 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.

DAVID PINDER WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 08768851)

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

2. ACCOUNTING POLICIES - continued

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 - 1 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 686 1,486 2,172
DEPRECIATION
At 1 January 2023 505 1,486 1,991
Charge for year 27 - 27
At 31 December 2023 532 1,486 2,018
NET BOOK VALUE
At 31 December 2023 154 - 154
At 31 December 2022 181 - 181

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 3,671 2,846
Other debtors 1,822 1,822
5,493 4,668

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Taxation and social security 21,308 17,345
Other creditors 2,234 2,728
23,542 20,073

DAVID PINDER WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 08768851)

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

7. RELATED PARTY DISCLOSURES

During the year there were transactions between the company and the director. At the balance sheet date £1,288 (2022 : £910) was owed to the director of the company in respect of these transactions. These balances are included within other creditors.

The loan from the director is interest free and payable within one year.