1 March 2023 false No description of principal activity Taxfiler 2024.6 08393041business:PrivateLimitedCompanyLtd2023-03-012024-02-29 083930412023-02-28 083930412023-03-012024-02-29 08393041business:AuditExemptWithAccountantsReport2023-03-012024-02-29 08393041business:FilletedAccounts2023-03-012024-02-29 083930412024-02-29 08393041business:Director12023-03-012024-02-29 08393041business:RegisteredOffice2023-03-012024-02-29 083930412023-02-28 08393041core:WithinOneYear2024-02-29 08393041core:WithinOneYear2023-02-28 08393041core:AfterOneYear2024-02-29 08393041core:AfterOneYear2023-02-28 08393041core:ShareCapitalcore:PreviouslyStatedAmount2024-02-29 08393041core:ShareCapitalcore:PreviouslyStatedAmount2023-02-28 08393041core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-29 08393041core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 08393041core:PreviouslyStatedAmount2024-02-29 08393041core:PreviouslyStatedAmount2023-02-28 08393041business:SmallEntities2023-03-012024-02-29 08393041countries:EnglandWales2023-03-012024-02-29 08393041core:Goodwill2023-02-28 08393041core:Goodwill2023-03-012024-02-29 08393041core:Goodwill2024-02-29 08393041business:OrdinaryShareClass12023-03-012024-02-29 08393041business:OrdinaryShareClass12022-03-012023-02-28 083930412022-03-012023-02-28 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08393041 (England and Wales)
R.J.K. BROWN WEALTH MANAGEMENT LTD Unaudited accounts for the year ended 29 February 2024
R.J.K. BROWN WEALTH MANAGEMENT LTD Unaudited accounts Contents
Page
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R.J.K. BROWN WEALTH MANAGEMENT LTD Company Information for the year ended 29 February 2024
Director
R J K Brown
Company Number
08393041 (England and Wales)
Registered Office
BIRD TREE COTTAGE 156 HIGH STREET PORTISHEAD BRISTOL BS20 6PY ENGLAND
Accountants
Parkers Accountancy And Taxation 590a Kingsbury Road Erdington Birmingham B24 9ND
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R.J.K. BROWN WEALTH MANAGEMENT LTD Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,079,417 
142,824 
Current assets
Debtors
146,205 
160,373 
Cash at bank and in hand
2,900 
9,562 
149,105 
169,935 
Creditors: amounts falling due within one year
(93,897)
(70,412)
Net current assets
55,208 
99,523 
Total assets less current liabilities
2,134,625 
242,347 
Creditors: amounts falling due after more than one year
(1,905,122)
(96,850)
Net assets
229,503 
145,497 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
229,500 
145,494 
Shareholders' funds
229,503 
145,497 
For the year ending 29 February 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 director acknowledges his 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 and authorised for issue on 12 November 2024 and were signed on its behalf by
R J K Brown Director Company Registration No. 08393041
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R.J.K. BROWN WEALTH MANAGEMENT LTD Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
R.J.K. BROWN WEALTH MANAGEMENT LTD is a private company, limited by shares, registered in England and Wales, registration number 08393041. The registered office is BIRD TREE COTTAGE 156 HIGH STREET, PORTISHEAD, BRISTOL, BS20 6PY, ENGLAND.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2023
1,151,893 
Additions
1,984,201 
At 29 February 2024
3,136,094 
Amortisation
At 1 March 2023
1,009,069 
Charge for the year
47,608 
At 29 February 2024
1,056,677 
Net book value
At 29 February 2024
2,079,417 
At 28 February 2023
142,824 
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R.J.K. BROWN WEALTH MANAGEMENT LTD Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
146,205 
160,373 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
545 
545 
Taxes and social security
93,352 
69,867 
93,897 
70,412 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Other creditors
1,697,944 
96,850 
Loans from directors
207,178 
- 
1,905,122 
96,850 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3 
3 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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