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REGISTERED NUMBER: 08056981 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2024

FOR

WEALTH & PROSPERITY SERVICES LTD

WEALTH & PROSPERITY SERVICES LTD (REGISTERED NUMBER: 08056981)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 3


WEALTH & PROSPERITY SERVICES LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: G Denton
D A Howe





REGISTERED OFFICE: Unit 2
Apex Business Village
Annitsford
Cramlington
Northumberland
NE23 7BF





REGISTERED NUMBER: 08056981 (England and Wales)





ACCOUNTANTS: T O'Sullivan Limited
Verdemar House
230 Park View
Whitley Bay
Tyne and Wear
NE26 3QR

WEALTH & PROSPERITY SERVICES LTD (REGISTERED NUMBER: 08056981)

ABRIDGED BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 40,342 34,282
Cash at bank 4,739 1,195
45,081 35,477
CREDITORS
Amounts falling due within one year 44,567 34,729
NET CURRENT ASSETS 514 748
TOTAL ASSETS LESS CURRENT
LIABILITIES

514

748

CAPITAL AND RESERVES
Called up share capital 5 100 100
Retained earnings 414 648
SHAREHOLDERS' FUNDS 514 748

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

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

The directors acknowledge their 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2024 and were signed on its behalf by:





G Denton - Director


WEALTH & PROSPERITY SERVICES LTD (REGISTERED NUMBER: 08056981)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024

1. STATUTORY INFORMATION

Wealth & Prosperity Services 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 represents commissions received and receivable.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

The computer equipment has now been fully depreciated.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 June 2023
and 31 May 2024 459
DEPRECIATION
At 1 June 2023
and 31 May 2024 459
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

5. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100