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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
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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
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RAMSY DHILLON WEALTH MANAGEMENT LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
157,870 
111,341 
Current assets
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)
Net assets
66,489 
60,848 
Capital and reserves
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
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RAMSY DHILLON WEALTH MANAGEMENT LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
Depreciation
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 
Net book value
At 31 August 2024
152,842 
5,028 
157,870 
At 31 August 2023
107,301 
4,040 
111,341 
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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)
Accruals
606 
606 
28,708 
16,782 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
35,396 
35,396 
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)
58,670 
33,148 
7
Average number of employees
During the year the average number of employees was 5 (2023: 5).
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