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REGISTERED NUMBER: 10368616 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

DJLB Wealth Management Limited

DJLB Wealth Management Limited (Registered number: 10368616)

Contents of the Financial Statements
for the Year Ended 30 September 2024










Page

Company Information 1

Chartered Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


DJLB Wealth Management Limited

Company Information
for the Year Ended 30 September 2024







DIRECTOR: D J L Baldry





REGISTERED OFFICE: 303 Goring Road
Worthing
West Sussex
BN12 4NX





REGISTERED NUMBER: 10368616 (England and Wales)





ACCOUNTANTS: THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
DJLB Wealth Management Limited


The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of DJLB Wealth Management Limited for the year ended 30 September 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of DJLB Wealth Management Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of DJLB Wealth Management Limited and state those matters that we have agreed to state to the director of DJLB Wealth Management Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than DJLB Wealth Management Limited and its director for our work or for this report.

It is your duty to ensure that DJLB Wealth Management Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of DJLB Wealth Management Limited. You consider that DJLB Wealth Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of DJLB Wealth Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






THL Accountancy Ltd
303 Goring Road
Worthing
West Sussex
BN12 4NX


24 January 2025

DJLB Wealth Management Limited (Registered number: 10368616)

Balance Sheet
30 September 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 1,558,080 450,713
Tangible assets 5 1,531 1,183
1,559,611 451,896

CURRENT ASSETS
Debtors 6 - 22,004
Cash at bank 51,726 4,397
51,726 26,401
CREDITORS
Amounts falling due within one year 7 1,420,906 367,253
NET CURRENT LIABILITIES (1,369,180 ) (340,852 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

190,431

111,044

CREDITORS
Amounts falling due after more than one
year

8

184,189

109,610
NET ASSETS 6,242 1,434

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Retained earnings 5,242 434
6,242 1,434

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

DJLB Wealth Management Limited (Registered number: 10368616)

Balance Sheet - continued
30 September 2024


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 24 January 2025 and were signed by:





D J L Baldry - Director


DJLB Wealth Management Limited (Registered number: 10368616)

Notes to the Financial Statements
for the Year Ended 30 September 2024


1. STATUTORY INFORMATION

DJLB Wealth Management Limited 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.

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 Companies Act 2006. 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 and rebates.

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.

Intangible assets are being amortised evenly over their estimated useful life of 10 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures & Fittings - 5 years straight line
Computer Equipment - 5 years straight line

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.

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.

3. EMPLOYEES AND DIRECTORS

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

DJLB Wealth Management Limited (Registered number: 10368616)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023 630,462
Additions 1,170,413
At 30 September 2024 1,800,875
AMORTISATION
At 1 October 2023 179,749
Charge for year 63,046
At 30 September 2024 242,795
NET BOOK VALUE
At 30 September 2024 1,558,080
At 30 September 2023 450,713

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 October 2023 616 3,079 3,695
Additions - 533 533
At 30 September 2024 616 3,612 4,228
DEPRECIATION
At 1 October 2023 304 2,208 2,512
Charge for year 72 113 185
At 30 September 2024 376 2,321 2,697
NET BOOK VALUE
At 30 September 2024 240 1,291 1,531
At 30 September 2023 312 871 1,183

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors - 22,004

DJLB Wealth Management Limited (Registered number: 10368616)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Taxation and social security 42,865 35,616
Other creditors 1,378,041 331,637
1,420,906 367,253

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Other creditors 184,189 109,610

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
D J L Baldry
Balance outstanding at start of year 22,004 25,204
Amounts advanced 179,234 21,800
Amounts repaid (201,508 ) (25,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (270 ) 22,004