2023-04-01 2024-03-31 false No description of principal activity Capium Accounts Production 1.1 09194858 bus:AbridgedAccounts 2023-04-01 2024-03-31 09194858 bus:FRS102 2023-04-01 2024-03-31 09194858 bus:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 09194858 bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 09194858 bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 09194858 2023-04-01 2024-03-31 09194858 2024-03-31 09194858 bus:RegisteredOffice 2023-04-01 2024-03-31 09194858 core:WithinOneYear 2024-03-31 09194858 core:AfterOneYear 2024-03-31 09194858 bus:Director1 2023-04-01 2024-03-31 09194858 bus:Director1 2024-03-31 09194858 bus:Director1 2022-04-01 2023-03-31 09194858 bus:Director2 2023-04-01 2024-03-31 09194858 bus:Director2 2024-03-31 09194858 bus:Director2 2022-04-01 2023-03-31 09194858 bus:Director3 2023-04-01 2024-03-31 09194858 bus:Director3 2024-03-31 09194858 bus:Director3 2022-04-01 2023-03-31 09194858 2022-04-01 09194858 bus:LeadAgentIfApplicable 2023-04-01 2024-03-31 09194858 2022-04-01 2023-03-31 09194858 2023-03-31 09194858 core:WithinOneYear 2023-03-31 09194858 core:AfterOneYear 2023-03-31 09194858 bus:EntityAccountantsOrAuditors 2022-04-01 2023-03-31 09194858 core:ComputerEquipment 2023-04-01 2024-03-31 09194858 core:ComputerEquipment 2024-03-31 09194858 core:ComputerEquipment 2023-03-31 09194858 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-03-31 09194858 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-03-31 09194858 core:NetGoodwill 2023-04-01 2024-03-31 09194858 core:NetGoodwill 2024-03-31 09194858 core:NetGoodwill 2023-03-31 09194858 core:OtherResidualIntangibleAssets 2023-04-01 2024-03-31 09194858 core:OtherResidualIntangibleAssets 2024-03-31 09194858 core:OtherResidualIntangibleAssets 2023-03-31 09194858 core:CostValuation core:Non-currentFinancialInstruments 2024-03-31 09194858 core:CostValuation core:Non-currentFinancialInstruments 2023-03-31 09194858 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2024-03-31 09194858 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 09194858 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2024-03-31 09194858 core:Non-currentFinancialInstruments 2024-03-31 09194858 core:Non-currentFinancialInstruments 2023-03-31 09194858 core:ShareCapital 2024-03-31 09194858 core:ShareCapital 2023-03-31 09194858 core:RetainedEarningsAccumulatedLosses 2024-03-31 09194858 core:RetainedEarningsAccumulatedLosses 2023-03-31 09194858 dpl:Item1 2023-04-01 09194858 dpl:Item1 2024-03-31 09194858 dpl:Item1 2022-04-01 09194858 dpl:Item1 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 09194858
England and Wales

 

 

 

GLOBAL WEALTHMAP LTD


Abridged Accounts
 


Period of accounts

Start date: 01 April 2023

End date: 31 March 2024
 
 
Notes
 
2024
£
  2023
£
Fixed assets      
Intangible fixed assets 3 18,800    43,800 
Tangible fixed assets 4 1,921   
20,721    43,800 
Current assets      
Debtors 135,638    148,390 
Cash at bank and in hand 190,281    152,763 
325,919    301,153 
Creditors: amount falling due within one year (45,901)   (66,541)
Net current assets 280,018    234,612 
 
Total assets less current liabilities 300,739    278,412 
Creditors: amount falling due after more than one year (11,667)   (21,667)
Provisions for liabilities (4,604)  
Net assets 284,468    256,745 
 

Capital and reserves
     
Called up share capital 100    100 
Profit and loss account 284,368    256,645 
Shareholders' funds 284,468    256,745 
 


For the year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 03 August 2024 and were signed on its behalf by:


-------------------------------
Gary Wayne Clayton
Director
1
General Information
Global Wealthmap Ltd is a private company, limited by shares, registered in England and Wales, registration number 09194858, registration address 1 King William Street, London, England, EC4N 7AF.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:


Fixtures and Fittings - 4 Years Straight line method
Office Equipment - 3 Years Straight line method
2.

Average number of employees

Average number of employees during the year was 18 (2023 : 15).
3.

Intangible fixed assets

Cost Goodwill   Other   Total
  £   £   £
At 01 April 2023 165,000    50    165,050 
Additions    
Disposals    
At 31 March 2024 165,000    50    165,050 
Amortisation
At 01 April 2023 121,250      121,250 
Charge for year 25,000      25,000 
On disposals    
At 31 March 2024 146,250      146,250 
Net book values
At 31 March 2024 18,750    50    18,800 
At 31 March 2023 43,750    50    43,800 


4.

Tangible fixed assets

Cost or valuation Computer Equipment   Total
  £   £
At 01 April 2023 1,050    1,050 
Additions 2,881    2,881 
Disposals (1,050)   (1,050)
At 31 March 2024 2,881    2,881 
Depreciation
At 01 April 2023 1,050    1,050 
Charge for year 960    960 
On disposals (1,050)   (1,050)
At 31 March 2024 960    960 
Net book values
Closing balance as at 31 March 2024 1,921    1,921 
Opening balance as at 01 April 2023  


5.

Related parties

During the year the company entered into the following transactions with related parties:
Transaction value - income/(expenses) Balance owed by/(owed to)
2024
£
 2023
£
 2024
£
 2023
£
James McKenzie Financial Planning207,686 125,507 (2,336)(5,507)

Both companies are controlled by Gary Wayne Clayton and Michael Erik Loveland Lawrence.
2