Company Registration No. 08408648 (England and Wales)
Statham Wealth Management Limited
Unaudited accounts
for the year ended 29 February 2024
Statham Wealth Management Limited
Unaudited accounts
Contents
Statham Wealth Management Limited
Company Information
for the year ended 29 February 2024
Directors
Mark Statham
Susan Statham
Company Number
08408648 (England and Wales)
Registered Office
5 Homelands Road
Sale
Manchester
M33 4BJ
Accountants
Premier Accounts & Consultancy Ltd
76 Gloucester Road
Urmston
Manchester
M41 9AE
Statham Wealth Management Limited
Statement of financial position
as at 29 February 2024
Tangible assets
2,400
2,302
Cash at bank and in hand
7,156
33,186
Creditors: amounts falling due within one year
(10,089)
(17,473)
Net current assets
272
20,052
Called up share capital
100
100
Profit and loss account
2,572
22,254
Shareholders' funds
2,672
22,354
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 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 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 of Directors and authorised for issue on 19 November 2024 and were signed on its behalf by
Mark Statham
Director
Company Registration No. 08408648
Statham Wealth Management Limited
Notes to the Accounts
for the year ended 29 February 2024
Statham Wealth Management Limited is a private company, limited by shares, registered in England and Wales, registration number 08408648. The registered office is 5 Homelands Road, Sale, Manchester, M33 4BJ.
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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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% Reducing Balance
Computer equipment
25% Reducing Balance
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Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
476
7,096
7,572
At 29 February 2024
476
7,995
8,471
At 1 March 2023
445
4,825
5,270
Charge for the year
8
793
801
At 29 February 2024
453
5,618
6,071
At 29 February 2024
23
2,377
2,400
At 28 February 2023
31
2,271
2,302
Amounts falling due within one year
Statham Wealth Management Limited
Notes to the Accounts
for the year ended 29 February 2024
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
8,822
16,263
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Average number of employees
During the year the average number of employees was 2 (2023: 2).