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
R.J.K. BROWN WEALTH MANAGEMENT LTD
Company Information
for the year ended 29 February 2024
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
R.J.K. BROWN WEALTH MANAGEMENT LTD
Statement of financial position
as at 29 February 2024
Intangible assets
2,079,417
142,824
Cash at bank and in hand
2,900
9,562
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
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
R.J.K. BROWN WEALTH MANAGEMENT LTD
Notes to the Accounts
for the year ended 29 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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 (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
At 29 February 2024
3,136,094
Charge for the year
47,608
At 29 February 2024
1,056,677
At 29 February 2024
2,079,417
At 28 February 2023
142,824
R.J.K. BROWN WEALTH MANAGEMENT LTD
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Trade debtors
146,205
160,373
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
93,352
69,867
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
1,697,944
96,850
Loans from directors
207,178
-
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).