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REGISTERED NUMBER: 08809713 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 December 2023

for

JLH Wealth Management Ltd

JLH Wealth Management Ltd (Registered number: 08809713)






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


JLH Wealth Management Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTOR: J P Lindsey-Halls





REGISTERED OFFICE: Castle Hill House
Windsor
Berkshire
SL4 1PD





REGISTERED NUMBER: 08809713 (England and Wales)





ACCOUNTANTS: R A McLeod and Co
Chartered Accountants
13 Kings Avenue
Ealing
London
W5 2SJ

JLH Wealth Management Ltd (Registered number: 08809713)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 376,065 401,413
Investments 5 483,460 475,491
859,525 876,904

CURRENT ASSETS
Debtors 6 6,085 6,085
Cash at bank 146,633 117,137
152,718 123,222
CREDITORS
Amounts falling due within one year 7 100,408 108,759
NET CURRENT ASSETS 52,310 14,463
TOTAL ASSETS LESS CURRENT
LIABILITIES

911,835

891,367

PROVISIONS FOR LIABILITIES 28,495 28,495
NET ASSETS 883,340 862,872

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 883,339 862,871
SHAREHOLDERS' FUNDS 883,340 862,872

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.

JLH Wealth Management Ltd (Registered number: 08809713)

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 September 2024 and were signed by:





J P Lindsey-Halls - Director


JLH Wealth Management Ltd (Registered number: 08809713)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

JLH 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 as modified by the revaluation of certain assets.

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 - 25% on reducing balance
Fixtures and fittings - 5% on reducing balance
Motor vehicles - 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 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.

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 ) .

JLH Wealth Management Ltd (Registered number: 08809713)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Long Plant and and
leasehold machinery fittings
£    £    £   
COST
At 1 January 2023 285,000 1,646 11,297
Additions - - -
At 31 December 2023 285,000 1,646 11,297
DEPRECIATION
At 1 January 2023 - 923 1,116
Charge for year - 180 509
At 31 December 2023 - 1,103 1,625
NET BOOK VALUE
At 31 December 2023 285,000 543 9,672
At 31 December 2022 285,000 723 10,181

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2023 136,862 15,467 450,272
Additions - 1,717 1,717
At 31 December 2023 136,862 17,184 451,989
DEPRECIATION
At 1 January 2023 37,296 9,524 48,859
Charge for year 24,891 1,485 27,065
At 31 December 2023 62,187 11,009 75,924
NET BOOK VALUE
At 31 December 2023 74,675 6,175 376,065
At 31 December 2022 99,566 5,943 401,413


JLH Wealth Management Ltd (Registered number: 08809713)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 475,491
Revaluations 7,969
At 31 December 2023 483,460
NET BOOK VALUE
At 31 December 2023 483,460
At 31 December 2022 475,491

Fixed asset investments are stated at fair value

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 6,085 6,085

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 1 2
Taxation and social security 62,885 55,885
Other creditors 37,522 52,872
100,408 108,759

8. TANGIBLE FIXED ASSETS

Tangible fixed assets are shown at fair value

9. PROVISION FOR LIABILITIES

Deferred tax provision