05686311falseFinancial advisers2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-06-30http://www.companieshouse.gov.uk/cd:Director22023-07-012024-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-07-012024-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-07-012024-06-30http://www.companieshouse.gov.uk/pt:NetGoodwill2024-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-06-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FRS1022023-07-012024-06-30http://www.companieshouse.gov.uk/2024-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-07-012024-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 05686311

HAMNETT WEALTH MANAGEMENT LIMITED

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024

Prepared By:
Lindrick Accountancy Services Limited
205 Outgang Lane
Sheffield
S25 3QY

HAMNETT WEALTH MANAGEMENT LIMITED

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
DIRECTORS
J M D Rowley
P Smith
REGISTERED OFFICE
160 Baslow Road
Totley
Sheffield
S17 4DR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05686311
ACCOUNTANTS
Lindrick Accountancy Services Limited
205 Outgang Lane
Sheffield
S25 3QY

HAMNETT WEALTH MANAGEMENT LIMITED

ACCOUNTS
FOR THEYEARENDED30/06/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

HAMNETT WEALTH MANAGEMENT LIMITED

BALANCE SHEET AT 30/06/2024
20242023
Notes££
FIXED ASSETS
Tangible assets428,72937,178
CURRENT ASSETS
Debtors5386,190399,234
Current Asset Investments695,00095,000
Cash at bank and in hand347,123335,544
828,313829,778
CREDITORS: Amounts falling due within one year7298,994212,543
NET CURRENT ASSETS529,319617,235
TOTAL ASSETS LESS CURRENT LIABILITIES558,048654,413
CAPITAL AND RESERVES
Called up share capital81,1001,100
Profit and loss account556,948653,313
SHAREHOLDERS' FUNDS558,048654,413
For the year ending 30/06/2024 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 04/11/2024 and signed on their behalf by
.............................
J M D Rowley
Director

HAMNETT WEALTH MANAGEMENT LIMITED

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings 15%
1c. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1d. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20242023
No.No.
Average number of employees1111
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/07/2023765,197765,197
At 30/06/2024765,197765,197
Depreciation
At 01/07/2023765,197765,197
At 30/06/2024765,197765,197
Net Book Amounts
At 30/06/2024--

HAMNETT WEALTH MANAGEMENT LIMITED

4. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
At 01/07/2023147,447147,447
Additions1,1271,127
At 30/06/2024148,574148,574
Depreciation
At 01/07/2023110,269110,269
For the year9,5769,576
At 30/06/2024119,845119,845
Net Book Amounts
At 30/06/202428,72928,729
At 30/06/202337,17837,178
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors55,68847,314
Other debtors300,000300,000
Prepayments30,50251,920
386,190399,234
6. CURRENT ASSET INVESTMENTS
20242023
££
Other investments95,00095,000
95,00095,000
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax239,082172,697
PAYE control4,2073,691
Directors current account4,0368,888
Trade creditors43,36219,734
Other creditors557-
Pension schemes-6
Accruals7,7507,527
298,994212,543

HAMNETT WEALTH MANAGEMENT LIMITED

8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each10001000
100 Class B shares of £1 each100100
1,1001,100
9. CONTROLLING PARTY
The Ultimate Holding Company is Hamnett Wealth Holdings Limited