IRIS Accounts Production v24.1.4.33 10479409 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh104794092022-11-30104794092023-11-30104794092022-12-012023-11-30104794092021-11-30104794092021-12-012022-11-30104794092022-11-3010479409ns15:EnglandWales2022-12-012023-11-3010479409ns14:PoundSterling2022-12-012023-11-3010479409ns10:Director12022-12-012023-11-3010479409ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3010479409ns10:SmallEntities2022-12-012023-11-3010479409ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3010479409ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3010479409ns10:AbridgedAccounts2022-12-012023-11-3010479409ns10:CompanySecretary12022-12-012023-11-3010479409ns10:RegisteredOffice2022-12-012023-11-3010479409ns5:CurrentFinancialInstruments2023-11-3010479409ns5:CurrentFinancialInstruments2022-11-3010479409ns5:ShareCapital2023-11-3010479409ns5:ShareCapital2022-11-3010479409ns5:RetainedEarningsAccumulatedLosses2023-11-3010479409ns5:RetainedEarningsAccumulatedLosses2022-11-3010479409ns5:FurnitureFittings2022-12-012023-11-3010479409ns5:ComputerEquipment2022-12-012023-11-30
REGISTERED NUMBER: 10479409 (England and Wales)















Financial Statements for the Year Ended 30 November 2023

for

Carl Williams Wealth Management Ltd

Carl Williams Wealth Management Ltd (Registered number: 10479409)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountants' Report 5

Carl Williams Wealth Management Ltd

Company Information
for the Year Ended 30 November 2023







DIRECTOR: Mr C Williams





SECRETARY: Mrs C Williams





REGISTERED OFFICE: c/o V&R Accountrancy Services
Cropton House
Three Tuns Lane
Formby
Merseyside
L37 4AQ





REGISTERED NUMBER: 10479409 (England and Wales)





ACCOUNTANTS: V & R Accountancy Services Limited
Chartered Certified Accountants
Cropton House
Three Tuns Lane
Formby
Merseyside
L37 4AQ

Carl Williams Wealth Management Ltd (Registered number: 10479409)

Abridged Balance Sheet
30 November 2023

30.11.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,250 3,434

CURRENT ASSETS
Debtors 6,849 13,112
Cash at bank 193,877 194,172
200,726 207,284
CREDITORS
Amounts falling due within one year 71,751 62,607
NET CURRENT ASSETS 128,975 144,677
TOTAL ASSETS LESS CURRENT
LIABILITIES

132,225

148,111

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 132,224 148,110
SHAREHOLDERS' FUNDS 132,225 148,111

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 30 November 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 29 August 2024 and were signed by:



Mr C Williams - Director


Carl Williams Wealth Management Ltd (Registered number: 10479409)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Carl Williams Wealth Management Ltd 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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 1 (2022 - 1 ) .

Carl Williams Wealth Management Ltd (Registered number: 10479409)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 December 2022 9,537
Additions 899
At 30 November 2023 10,436
DEPRECIATION
At 1 December 2022 6,103
Charge for year 1,083
At 30 November 2023 7,186
NET BOOK VALUE
At 30 November 2023 3,250
At 30 November 2022 3,434

5. RELATED PARTY DISCLOSURES

During the year, Company Director, Mr C Williams, provided finance to the Company of £11,538 and was owed £55,336 by the Company at 30th November 2023.

No amounts have been written off in the year in relation to related party transactions and no provisions are considered necessary.

Chartered Certified Accountants' Report to the Director
on the Unaudited Financial Statements of
Carl Williams Wealth Management Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Carl Williams Wealth Management Ltd for the year ended 30 November 2023 which comprise the Abridged Statement of Income and Retained Earnings, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of Carl Williams Wealth Management Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Carl Williams Wealth Management Ltd and state those matters that we have agreed to state to the director of Carl Williams Wealth Management Ltd in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Carl Williams Wealth Management Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Carl Williams Wealth Management Ltd. You consider that Carl Williams Wealth Management Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Carl Williams Wealth Management Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






V & R Accountancy Services Limited
Chartered Certified Accountants
Cropton House
Three Tuns Lane
Formby
Merseyside
L37 4AQ


29 August 2024