CARLSON WEALTH MANAGEMENT LIMITED

Company Registration Number:
09408222 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 1 June 2023

End date: 31 May 2024

CARLSON WEALTH MANAGEMENT LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Balance sheet
Additional notes
Balance sheet notes

CARLSON WEALTH MANAGEMENT LIMITED

Balance sheet

As at 31 May 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 12,017 14,822
Total fixed assets: 12,017 14,822
Current assets
Debtors: 4 95,384 63,505
Cash at bank and in hand: 44,981 34,187
Total current assets: 140,365 97,692
Creditors: amounts falling due within one year: 5 ( 36,142 ) ( 17,454 )
Net current assets (liabilities): 104,223 80,238
Total assets less current liabilities: 116,240 95,060
Creditors: amounts falling due after more than one year: 6 ( 11,806 ) ( 18,620 )
Provision for liabilities: ( 2,283 ) ( 2,816 )
Total net assets (liabilities): 102,151 73,624
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 102,150 73,623
Total Shareholders' funds: 102,151 73,624

The notes form part of these financial statements

CARLSON WEALTH MANAGEMENT LIMITED

Balance sheet statements

For the year ending 31 May 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 chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 18 February 2025
and signed on behalf of the board by:

Name: Mr Steven Carlson
Status: Director

The notes form part of these financial statements

CARLSON WEALTH MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    Office equipment - 15% Straight Line

CARLSON WEALTH MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

CARLSON WEALTH MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2023 20,941 20,941
Additions
Disposals
Revaluations
Transfers
At 31 May 2024 20,941 20,941
Depreciation
At 1 June 2023 6,119 6,119
Charge for year 2,805 2,805
On disposals
Other adjustments
At 31 May 2024 8,924 8,924
Net book value
At 31 May 2024 12,017 12,017
At 31 May 2023 14,822 14,822

CARLSON WEALTH MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Debtors

2024 2023
£ £
Trade debtors 10,400 2,305
Prepayments and accrued income 1,117 1,549
Other debtors 83,867 59,651
Total 95,384 63,505

CARLSON WEALTH MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 6,586 6,357
Taxation and social security 27,902 9,641
Accruals and deferred income 632 513
Other creditors 1,022 943
Total 36,142 17,454

CARLSON WEALTH MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 11,806 18,620
Total 11,806 18,620

CARLSON WEALTH MANAGEMENT LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

7. Loans to directors

Name of director receiving advance or credit: Mr Steven Carlson
Description of the transaction:
Directors loan account
£
Balance at 31 May 2023 44,981
Advances or credits made: 69,194
Advances or credits repaid: 49,000
Balance at 31 May 2024 65,175