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Registered number: 11375809
Tim Gow Wealth Management Limited
ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
Prepared By:
Lindrick Accountancy Services Ltd
205 Outgang Lane
Dinnington
Sheffield
S25 3QY
Tim Gow Wealth Management Limited
ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
DIRECTORS
Brian Timothy Gow
Sara Ann Gow
REGISTERED OFFICE
205 Outgang Lane
Dinnington
Sheffield
S25 3QY
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 11375809
ACCOUNTANTS
Lindrick Accountancy Services Ltd
205 Outgang Lane
Dinnington
Sheffield
S25 3QY
Tim Gow Wealth Management Limited
ACCOUNTS
FOR THEYEARENDED31/05/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
Tim Gow Wealth Management Limited
BALANCE SHEET AT 31/05/2024
20242023
Notes££
FIXED ASSETS
Intangible assets2248,799304,991
CURRENT ASSETS
Cash at bank and in hand42,98620,338
42,98620,338
CREDITORS: Amounts falling due within one year3278,953317,107
NET CURRENT LIABILITIES(235,967)(296,769)
TOTAL ASSETS LESS CURRENT LIABILITIES12,8328,222
CAPITAL AND RESERVES
Called up share capital5100100
Profit and loss account12,7328,122
SHAREHOLDERS' FUNDS12,8328,222
For the year ending 31/05/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 06/01/2025 and signed on their behalf by
.............................
Brian Timothy Gow
Director
Tim Gow Wealth Management Limited
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/05/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. INTANGIBLE FIXED ASSETS
Client List
Total
££
Cost
At 01/06/2023381,241381,241
Additions13,94213,942
Disposals(71,483)(71,483)
At 31/05/2024323,700323,700
Depreciation
At 01/06/202376,25076,250
Disposals(14,297)(14,297)
For the year12,94812,948
At 31/05/202474,90174,901
Net Book Amounts
At 31/05/2024248,799248,799
At 31/05/2023304,991304,991
3. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
Taxation and social security15,14310,120
Other creditors263,810306,987
278,953317,107
Tim Gow Wealth Management Limited
4. EMPLOYEES
20242023
No.No.
Average number of employees22
5. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
100 Ordinary shares of £1 each100100
100100
New shares issued during period:
100 Ordinary shares of £1 each100100