F3 WEALTH MANAGEMENT LIMITED

Company limited by guarantee

Company Registration Number:
08861465 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

F3 WEALTH MANAGEMENT LIMITED

Company limited by guarantee

Contents of the Financial Statements

for the Period Ended 31 December 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

F3 WEALTH MANAGEMENT LIMITED

Company limited by guarantee

Company Information

for the Period Ended 31 December 2023




Registered office: The Northern And Shell Building
10 Lower Thames Street
London
England
EC3R 6AF
Company Registration Number: 08861465 (England and Wales)

F3 WEALTH MANAGEMENT LIMITED

Company limited by guarantee

Balance sheet

As at 31 December 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,043,904 17,859
Total fixed assets: 1,043,904 17,859
Current assets
Debtors: 66,625
Cash at bank and in hand: 79,723 7,456
Total current assets: 79,723 74,081
Creditors: amounts falling due within one year: ( 260,636 ) ( 23,868 )
Net current assets (liabilities): ( 180,913 ) 50,213
Total assets less current liabilities: 862,991 68,072
Total net assets (liabilities): 862,991 68,072

The notes form part of these financial statements

F3 WEALTH MANAGEMENT LIMITED

Company limited by guarantee

Balance sheet continued

As at 31 December 2023


Notes

2023
£

2022
£
Reserves
Revaluation reserve: 5 854,328 95,796
Income and expenditure account 8,663 ( 27,724 )
Members funds 862,991 68,072

For the year ending 31 December 2023 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 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 12 August 2024
And Signed On Behalf Of The Board By:

Name: Mark Flannery
Status: Director

The notes form part of these financial statements

F3 WEALTH MANAGEMENT LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

F3 WEALTH MANAGEMENT LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 10 6

F3 WEALTH MANAGEMENT LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 3. Off balance sheet disclosure

    No

F3 WEALTH MANAGEMENT LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 17,859
Additions 1,043,904
Disposals (17,859)
Revaluations -
Transfers -
At 31 December 2023 1,043,904
Depreciation
At 01 January 2023 -
Charge for year -
On disposals -
Other adjustments -
At 31 December 2023 -
Net book value
At 31 December 2023 1,043,904
At 31 December 2022 17,859

The Company purchased the sale of business from Holistic Financial Advice Ltd

F3 WEALTH MANAGEMENT LIMITED

Company limited by guarantee

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Revaluation reserve


2023
£
Balance at 01 January 2023 95,796
Surplus or deficit after revaluation 758,532
Balance at 31 December 2023 854,328