2023-06-012024-05-312024-05-31false11341230BEN RICKETTS WEALTH MANAGEMENT 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BEN RICKETTS WEALTH MANAGEMENT LTD

Registered Number
11341230
(England and Wales)

Unaudited Financial Statements for the Year ended
31 May 2024

BEN RICKETTS WEALTH MANAGEMENT LTD
Company Information
for the year from 1 June 2023 to 31 May 2024

Director

RICKETTS, Benjamin

Registered Address

20 Home Way
Mill End
Rickmansworth
WD3 8QL

Registered Number

11341230 (England and Wales)
BEN RICKETTS WEALTH MANAGEMENT LTD
Balance Sheet as at
31 May 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets31,3231,765
1,3231,765
Current assets
Debtors12,62011,659
Cash at bank and on hand3,5002,296
16,12013,955
Creditors amounts falling due within one year4(17,049)(15,287)
Net current assets (liabilities)(929)(1,332)
Total assets less current liabilities394433
Net assets394433
Capital and reserves
Called up share capital11
Profit and loss account393432
Shareholders' funds394433
The financial statements were approved and authorised for issue by the Director on 18 November 2024, and are signed on its behalf by:
RICKETTS, Benjamin
Director
Registered Company No. 11341230
BEN RICKETTS WEALTH MANAGEMENT LTD
Notes to the Financial Statements
for the year ended 31 May 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Office Equipment25
2.Average number of employees

20242023
Average number of employees during the year22
3.Tangible fixed assets

Office Equipment

Total

££
Cost or valuation
At 01 June 235,0995,099
At 31 May 245,0995,099
Depreciation and impairment
At 01 June 233,3343,334
Charge for year442442
At 31 May 243,7763,776
Net book value
At 31 May 241,3231,323
At 31 May 231,7651,765
4.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables751-
Taxation and social security16,29815,287
Total17,04915,287
5.Directors advances, credits and guarantees

Brought forward

Amount advanced

Amount repaid

Carried forward

££££
RICKETTS, Benjamin4,45004,4500
4,45004,4500