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REGISTERED NUMBER: 09010635 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH APRIL 2024

FOR

HALL & GERTSKI WEALTH MANAGEMENT LTD

HALL & GERTSKI WEALTH MANAGEMENT LTD (REGISTERED NUMBER: 09010635)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


HALL & GERTSKI WEALTH MANAGEMENT LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30TH APRIL 2024







DIRECTOR: B Hall





REGISTERED OFFICE: Unit 4, The Barn
2 Oakleigh Grove
Cliffe Woods
Rochester
Kent
ME3 8GY





REGISTERED NUMBER: 09010635 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
2 The Links
HERNE BAY
Kent
CT6 7GQ

HALL & GERTSKI WEALTH MANAGEMENT LTD (REGISTERED NUMBER: 09010635)

BALANCE SHEET
30TH APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 2,475,511 2,638,530
Tangible assets 6 73,516 85,132
Investments 7 58,059 48,059
2,607,086 2,771,721

CURRENT ASSETS
Debtors 8 587,584 607,414
Cash at bank and in hand 41,437 218,805
629,021 826,219
CREDITORS
Amounts falling due within one year 9 771,858 807,163
NET CURRENT (LIABILITIES)/ASSETS (142,837 ) 19,056
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,464,249

2,790,777

CREDITORS
Amounts falling due after more than one
year

10

(1,401,229

)

(1,478,228

)

PROVISIONS FOR LIABILITIES (11,908 ) (10,502 )
NET ASSETS 1,051,112 1,302,047

CAPITAL AND RESERVES
Called up share capital 11 110 150
Retained earnings 1,051,002 1,301,897
SHAREHOLDERS' FUNDS 1,051,112 1,302,047

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 15th November 2024 and were signed by:



B Hall - Director


HALL & GERTSKI WEALTH MANAGEMENT LTD (REGISTERED NUMBER: 09010635)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30TH APRIL 2024

1. STATUTORY INFORMATION

Hall & Gertski Wealth Management 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amounts paid in connection to acquisitions of other businesses, is being amortised evenly over the estimated life of 20 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 25% on a straight line basis and 10% on a straight line basis

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

HALL & GERTSKI WEALTH MANAGEMENT LTD (REGISTERED NUMBER: 09010635)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 21 (2023 - 17 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st May 2023
and 30th April 2024 3,260,373
AMORTISATION
At 1st May 2023 621,843
Charge for year 163,019
At 30th April 2024 784,862
NET BOOK VALUE
At 30th April 2024 2,475,511
At 30th April 2023 2,638,530

6. TANGIBLE FIXED ASSETS
Improvements Fixtures
Long to and Computer
leasehold property fittings equipment Totals
£    £    £    £    £   
COST
At 1st May 2023 39,715 10,800 77,093 29,866 157,474
Additions - - 3,859 5,031 8,890
At 30th April 2024 39,715 10,800 80,952 34,897 166,364
DEPRECIATION
At 1st May 2023 9,859 6,480 37,934 18,069 72,342
Charge for year 3,972 1,080 10,031 5,423 20,506
At 30th April 2024 13,831 7,560 47,965 23,492 92,848
NET BOOK VALUE
At 30th April 2024 25,884 3,240 32,987 11,405 73,516
At 30th April 2023 29,856 4,320 39,159 11,797 85,132

7. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1st May 2023 48,059
Additions 10,000
At 30th April 2024 58,059
NET BOOK VALUE
At 30th April 2024 58,059
At 30th April 2023 48,059

HALL & GERTSKI WEALTH MANAGEMENT LTD (REGISTERED NUMBER: 09010635)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts recoverable on contract 237,698 179,315
Other debtors 349,886 428,099
587,584 607,414

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 319,518 310,114
Trade creditors 8,896 10,587
Taxation and social security 107,886 145,646
Other creditors 335,558 340,816
771,858 807,163

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 1,401,229 1,478,228

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 371,693 478,955

11. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
100 Ordinary £1 100 100
25 Ordinary A shares £1 5 25
25 Ordinary B Shares £1 5 25
110 150

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30th April 2024 and 30th April 2023:

2024 2023
£    £   
B Hall
Balance outstanding at start of year 20,356 -
Amounts advanced 53,884 20,356
Amounts repaid (14,544 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 59,696 20,356

HALL & GERTSKI WEALTH MANAGEMENT LTD (REGISTERED NUMBER: 09010635)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30TH APRIL 2024

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

Mrs M Hall
Balance outstanding at start of year 19,266 -
Amounts advanced 43,573 19,266
Amounts repaid (12,322 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 50,517 19,266

13. RELATED PARTY DISCLOSURES

At the balance sheet date £167,891 was owed by H&C Holdings Ltd, a company in which Mr B Hall is also a Director.