Company Registration No. 09105947 (England and Wales)
SEAN KERRY WEALTH MANAGEMENT LIMITED
Unaudited accounts
for the year ended 30 June 2024
SEAN KERRY WEALTH MANAGEMENT LIMITED
Unaudited accounts
Contents
SEAN KERRY WEALTH MANAGEMENT LIMITED
Company Information
for the year ended 30 June 2024
Directors
Mrs Kirsten Kerry
Mr Sean Kerry
Company Number
09105947 (England and Wales)
Registered Office
8 PRETORIA GROVE
SOUTH WOOTTON
KING'S LYNN
NORFOLK
PE30 3SP
Accountants
Azoth Digital Accountants
Jonathan Scott Hall
Thorpe Road
Norwich
Norfolk
NR1 1UH
SEAN KERRY WEALTH MANAGEMENT LIMITED
Statement of financial position
as at 30 June 2024
Intangible assets
62,543
74,629
Tangible assets
5,625
6,667
Cash at bank and in hand
99,423
96,974
Creditors: amounts falling due within one year
(79,238)
(85,898)
Net current assets
37,563
41,286
Total assets less current liabilities
105,731
122,582
Provisions for liabilities
Deferred tax
(1,069)
(1,267)
Net assets
104,662
121,315
Called up share capital
102
102
Profit and loss account
104,560
121,213
Shareholders' funds
104,662
121,315
For the year ending 30 June 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 7 February 2025 and were signed on its behalf by
Mr Sean Kerry
Director
Company Registration No. 09105947
SEAN KERRY WEALTH MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 30 June 2024
SEAN KERRY WEALTH MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09105947. The registered office is 8 PRETORIA GROVE, SOUTH WOOTTON, KING'S LYNN, NORFOLK, PE30 3SP.
2
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
15% reducing balance
Computer equipment
25% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 July 2023
696,428
120,864
817,292
At 30 June 2024
696,428
120,864
817,292
At 1 July 2023
696,428
46,235
742,663
Charge for the year
-
12,086
12,086
At 30 June 2024
696,428
58,321
754,749
At 30 June 2024
-
62,543
62,543
At 30 June 2023
-
74,629
74,629
SEAN KERRY WEALTH MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 30 June 2024
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 July 2023
6,080
9,751
15,831
At 30 June 2024
6,080
10,070
16,150
At 1 July 2023
2,687
6,477
9,164
Charge for the year
509
852
1,361
At 30 June 2024
3,196
7,329
10,525
At 30 June 2024
2,884
2,741
5,625
At 30 June 2023
3,393
3,274
6,667
Amounts falling due within one year
Trade debtors
17,378
30,210
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
29,448
-
Taxes and social security
43,158
37,693
Loans from directors
858
45,805
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).