Company Registration No. 08188323 (England and Wales)
RAMSY DHILLON WEALTH MANAGEMENT LIMITED
Unaudited accounts
for the year ended 31 August 2024
RAMSY DHILLON WEALTH MANAGEMENT LIMITED
Unaudited accounts
Contents
RAMSY DHILLON WEALTH MANAGEMENT LIMITED
Company Information
for the year ended 31 August 2024
Directors
Ranminder Dhillon
Rajni Dhillon
Major Dhillon
Surinder Dhillon
Company Number
08188323 (England and Wales)
Registered Office
90 LUTTERWORTH ROAD
AYLESTONE
LEICESTERSHIRE
LE2 8PG
Accountants
CJK Accountants
4 Marsh Drive
Husbands Bosworth
Lutterworth
Leicestershire
LE17 6PU
RAMSY DHILLON WEALTH MANAGEMENT LIMITED
Statement of financial position
as at 31 August 2024
Tangible assets
157,870
111,341
Cash at bank and in hand
25,993
16,476
Creditors: amounts falling due within one year
(28,708)
(16,782)
Net current liabilities
(2,715)
(306)
Total assets less current liabilities
155,155
111,035
Creditors: amounts falling due after more than one year
(58,670)
(33,148)
Provisions for liabilities
Deferred tax
(29,996)
(17,039)
Called up share capital
12
12
Profit and loss account
66,477
60,836
Shareholders' funds
66,489
60,848
For the year ending 31 August 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 18 September 2024 and were signed on its behalf by
Ranminder Dhillon
Director
Company Registration No. 08188323
RAMSY DHILLON WEALTH MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 August 2024
RAMSY DHILLON WEALTH MANAGEMENT LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08188323. The registered office is 90 LUTTERWORTH ROAD, AYLESTONE, LEICESTERSHIRE, LE2 8PG.
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:
Motor vehicles
15% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2023
129,474
21,493
150,967
Additions
72,513
2,664
75,177
At 31 August 2024
201,987
24,157
226,144
At 1 September 2023
22,173
17,453
39,626
Charge for the year
26,972
1,676
28,648
At 31 August 2024
49,145
19,129
68,274
At 31 August 2024
152,842
5,028
157,870
At 31 August 2023
107,301
4,040
111,341
RAMSY DHILLON WEALTH MANAGEMENT LIMITED
Notes to the Accounts
for the year ended 31 August 2024
5
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
2,207
5,441
Obligations under finance leases and hire purchase contracts
25,891
15,150
Trade creditors
(294)
(230)
Taxes and social security
298
(4,185)
6
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
107,957
67,000
Other creditors
30,974
43,399
Loans from directors
(115,657)
(112,647)
7
Average number of employees
During the year the average number of employees was 5 (2023: 5).