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REGISTERED NUMBER: 08549716 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2024

for

Doherty Wealth Management Ltd

Doherty Wealth Management Ltd (Registered number: 08549716)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Doherty Wealth Management Ltd

Company Information
for the Year Ended 31 March 2024







DIRECTOR: S Doherty





REGISTERED OFFICE: Fieldgate Farm
Hawksbridge Lane
Oxenhope
Keighley
West Yorkshire
BD22 9QY





REGISTERED NUMBER: 08549716 (England and Wales)





ACCOUNTANTS: Allround Accountancy Services Limited
Penmore House
Hasland Road
Hasland
Chesterfield
Derbyshire
S41 0SJ

Doherty Wealth Management Ltd (Registered number: 08549716)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,162 62,835

CURRENT ASSETS
Debtors 5 6,909 5,933
Cash at bank 35,909 38,806
42,818 44,739
CREDITORS
Amounts falling due within one year 6 17,801 13,255
NET CURRENT ASSETS 25,017 31,484
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,179

94,319

CREDITORS
Amounts falling due after more than one
year

7

(13,334

)

(23,336

)

PROVISIONS FOR LIABILITIES (5,731 ) (10,109 )
NET ASSETS 36,114 60,874

CAPITAL AND RESERVES
Called up share capital 102 102
Retained earnings 36,012 60,772
SHAREHOLDERS' FUNDS 36,114 60,874

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Doherty Wealth Management Ltd (Registered number: 08549716)

Balance Sheet - continued
31 March 2024


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 12 September 2024 and were signed by:





S Doherty - Director


Doherty Wealth Management Ltd (Registered number: 08549716)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Doherty 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.
Plant and machinery etc - 33% on cost and 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 (2023 - 6 ) .

Doherty Wealth Management Ltd (Registered number: 08549716)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023 94,364
Additions 6,863
Disposals (51,493 )
At 31 March 2024 49,734
DEPRECIATION
At 1 April 2023 31,529
Charge for year 9,536
Eliminated on disposal (21,493 )
At 31 March 2024 19,572
NET BOOK VALUE
At 31 March 2024 30,162
At 31 March 2023 62,835

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 6,909 5,933

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,999 9,997
Taxation and social security 6,660 1,747
Other creditors 1,142 1,511
17,801 13,255

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 13,334 23,336

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The amount due to the director at the balance sheet date was £123 (2023:£311).

9. ULTIMATE CONTROLLING PARTY

The controlling party is S Doherty.