IRIS Accounts Production v24.3.0.553 OC412604 designated member 1.4.23 31.3.24 31.3.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhOC4126042023-03-31OC4126042024-03-31OC4126042023-04-012024-03-31OC4126042022-03-31OC4126042022-04-012023-03-31OC4126042023-03-31OC412604ns15:EnglandWales2023-04-012024-03-31OC412604ns14:PoundSterling2023-04-012024-03-31OC412604ns10:PartnerLLP12023-04-012024-03-31OC412604ns10:LimitedLiabilityPartnershipLLP2023-04-012024-03-31OC412604ns10:SmallEntities2023-04-012024-03-31OC412604ns10:AuditExempt-NoAccountantsReport2023-04-012024-03-31OC412604ns10:SmallCompaniesRegimeForAccounts2023-04-012024-03-31OC412604ns10:LimitedLiabilityPartnershipsSORP2023-04-012024-03-31OC412604ns10:FullAccounts2023-04-012024-03-31OC412604ns10:PartnerLLP22023-04-012024-03-31OC412604ns10:RegisteredOffice2023-04-012024-03-31OC412604ns5:CurrentFinancialInstruments2024-03-31OC412604ns5:CurrentFinancialInstruments2023-03-31OC412604ns5:LeaseholdImprovements2023-04-012024-03-31OC412604ns5:PlantMachinery2023-04-012024-03-31OC412604ns5:FurnitureFittings2023-04-012024-03-31OC412604ns5:MotorVehicles2023-04-012024-03-31OC412604ns5:ComputerEquipment2023-04-012024-03-31OC412604ns5:LeaseholdImprovements2023-03-31OC412604ns5:PlantMachinery2023-03-31OC412604ns5:FurnitureFittings2023-03-31OC412604ns5:LeaseholdImprovements2024-03-31OC412604ns5:PlantMachinery2024-03-31OC412604ns5:FurnitureFittings2024-03-31OC412604ns5:LeaseholdImprovements2023-03-31OC412604ns5:PlantMachinery2023-03-31OC412604ns5:FurnitureFittings2023-03-31OC412604ns5:MotorVehicles2023-03-31OC412604ns5:ComputerEquipment2023-03-31OC412604ns5:MotorVehicles2024-03-31OC412604ns5:ComputerEquipment2024-03-31OC412604ns5:MotorVehicles2023-03-31OC412604ns5:ComputerEquipment2023-03-31OC412604ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31OC412604ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-31
REGISTERED NUMBER: OC412604 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Wichert Associates Wealth Management LLP

Wichert Associates Wealth Management LLP (Registered number: OC412604)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

General Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wichert Associates Wealth Management LLP

General Information
for the Year Ended 31 March 2024







DESIGNATED MEMBERS: I A Jones
Ms I P Ward





REGISTERED OFFICE: 8a Wingbury Courtyard
Business Village
Wingrave
Aylesbury
Buckinghamshire
HP22 4LW





REGISTERED NUMBER: OC412604 (England and Wales)





ACCOUNTANTS: Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW

Wichert Associates Wealth Management LLP (Registered number: OC412604)

Balance Sheet
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 25,656 33,507

CURRENT ASSETS
Debtors 5 78,213 54,058
Cash at bank 33,309 27,527
111,522 81,585
CREDITORS
Amounts falling due within one year 6 43,620 42,998
NET CURRENT ASSETS 67,902 38,587
TOTAL ASSETS LESS CURRENT LIABILITIES
and
NET ASSETS ATTRIBUTABLE TO
MEMBERS

93,558

72,094

LOANS AND OTHER DEBTS DUE TO
MEMBERS

7

93,558

72,094

TOTAL MEMBERS' INTERESTS
Loans and other debts due to
members

7

93,558

72,094
Amounts due from members 5 - (2,123 )
93,558 69,971

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2024.

The members acknowledge their responsibilities for:
(a)ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Wichert Associates Wealth Management LLP (Registered number: OC412604)

Balance Sheet - continued
31 March 2024


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

In accordance with Section 444 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008, the Income Statement has not been delivered.

The financial statements were approved by the members of the LLP and authorised for issue on 2 December 2024 and were signed by:





I A Jones - Designated member

Wichert Associates Wealth Management LLP (Registered number: OC412604)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Wichert Associates Wealth Management LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Improvements to property - 10% reducing balance
Plant and machinery - 25% reducing balance
Fixtures and fittings - 25% reducing balance
Motor vehicles - 25% reducing balance
Computer equipment - 33.33% straight line

Pension costs and other post-retirement benefits
Payments in respect of other post-retirement benefits are charged to profit or loss in the period to which they relate.


3. EMPLOYEE INFORMATION

The average number of employees during the year was 4 (2023 - 4 ) .

Wichert Associates Wealth Management LLP (Registered number: OC412604)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings
£    £    £   
COST
At 1 April 2023
and 31 March 2024 17,621 1,440 24,949
DEPRECIATION
At 1 April 2023 8,257 1,184 20,484
Charge for year 936 64 1,116
At 31 March 2024 9,193 1,248 21,600
NET BOOK VALUE
At 31 March 2024 8,428 192 3,349
At 31 March 2023 9,364 256 4,465

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 57,677 27,460 129,147
DEPRECIATION
At 1 April 2023 39,428 26,287 95,640
Charge for year 4,562 1,173 7,851
At 31 March 2024 43,990 27,460 103,491
NET BOOK VALUE
At 31 March 2024 13,687 - 25,656
At 31 March 2023 18,249 1,173 33,507

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 78,213 54,058

Wichert Associates Wealth Management LLP (Registered number: OC412604)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 14,677 14,475
Taxation and social security (181 ) (539 )
Other creditors 29,124 29,062
43,620 42,998

7. LOANS AND OTHER DEBTS DUE TO MEMBERS

Loans and other debts due to members rank equally with debts due to unsecured creditors in the event of a winding up.

There is no provision for specific legally enforceable protection afforded to creditors in such an event.

There are no restrictions or limitations on the ability of the members to reduce the amount of 'Members other interests'.