1 February 2023 false No description of principal activity Taxfiler 2024.5 07127500business:PrivateLimitedCompanyLtd2023-02-012024-01-31 071275002023-01-31 071275002023-02-012024-01-31 07127500business:AuditExemptWithAccountantsReport2023-02-012024-01-31 07127500business:FilletedAccounts2023-02-012024-01-31 071275002024-01-31 07127500business:Director12023-02-012024-01-31 07127500business:Director22023-02-012024-01-31 07127500business:RegisteredOffice2023-02-012024-01-31 071275002023-01-31 07127500core:WithinOneYear2024-01-31 07127500core:WithinOneYear2023-01-31 07127500core:ShareCapitalcore:PreviouslyStatedAmount2024-01-31 07127500core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 07127500core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-01-31 07127500core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 07127500core:PreviouslyStatedAmount2024-01-31 07127500core:PreviouslyStatedAmount2023-01-31 07127500business:SmallEntities2023-02-012024-01-31 07127500countries:EnglandWales2023-02-012024-01-31 07127500core:ComputerEquipment2023-02-012024-01-31 07127500core:PlantMachinery2023-01-31 07127500core:ComputerEquipment2023-01-31 07127500core:PlantMachinery2023-02-012024-01-31 07127500core:PlantMachinery2024-01-31 07127500core:ComputerEquipment2024-01-31 07127500business:OrdinaryShareClass12023-02-012024-01-31 07127500business:OrdinaryShareClass12022-02-012023-01-31 071275002022-02-012023-01-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07127500 (England and Wales)
Christie Wells Associates Limited Unaudited accounts for the year ended 31 January 2024
Christie Wells Associates Limited Unaudited accounts Contents
Page
- 2 -
Christie Wells Associates Limited Company Information for the year ended 31 January 2024
Directors
W.K. Christie Ms. K.L. Wells
Company Number
07127500 (England and Wales)
Registered Office
179 Heathwood Road Heath Cardiff CF14 4BN UK
Accountants
M J Hazel & Co 30 Brookfield Neath Neath PT SA10 7EH
- 3 -
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Christie Wells Associates Limited for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Christie Wells Associates Limited for the year ended 31 January 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Christie Wells Associates Limited, as a body, in accordance with the terms of our engagement letter dated 10 May 2018. Our work has been undertaken solely to prepare for your approval the accounts of Christie Wells Associates Limited and state those matters that we have agreed to state to the Board of Directors of Christie Wells Associates Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Christie Wells Associates Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Christie Wells Associates Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Christie Wells Associates Limited. You consider that Christie Wells Associates Limited 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 accounts of Christie Wells Associates Limited. 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 accounts.
M J Hazel & Co Chartered Accountants 30 Brookfield Neath Neath PT SA10 7EH 14 October 2024
- 4 -
Christie Wells Associates Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
7,688 
7,223 
Current assets
Debtors
14,717 
12,613 
Cash at bank and in hand
63,284 
52,129 
78,001 
64,742 
Creditors: amounts falling due within one year
(30,514)
(22,428)
Net current assets
47,487 
42,314 
Net assets
55,175 
49,537 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
55,173 
49,535 
Shareholders' funds
55,175 
49,537 
For the year ending 31 January 2024 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 25 October 2024 and were signed on its behalf by
W.K. Christie Director Company Registration No. 07127500
- 5 -
Christie Wells Associates Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
Christie Wells Associates Limited is a private company, limited by shares, registered in England and Wales, registration number 07127500. The registered office is 179 Heathwood Road, Heath, Cardiff, CF14 4BN, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
15% reducing balance
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 February 2023
494 
14,962 
15,456 
Additions
- 
1,823 
1,823 
At 31 January 2024
494 
16,785 
17,279 
Depreciation
At 1 February 2023
335 
7,898 
8,233 
Charge for the year
24 
1,334 
1,358 
At 31 January 2024
359 
9,232 
9,591 
Net book value
At 31 January 2024
135 
7,553 
7,688 
At 31 January 2023
159 
7,064 
7,223 
- 6 -
Christie Wells Associates Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
- 
5 
Trade debtors
- 
12,519 
Accrued income and prepayments
- 
89 
Other debtors
14,717 
- 
14,717 
12,613 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
2,145 
Taxes and social security
20,055 
11,868 
Loans from directors
5,528 
6,824 
Accruals
4,931 
1,591 
30,514 
22,428 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
- 7 -