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REGISTERED NUMBER: 13611620 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Anghelos Wealth Management Ltd

Anghelos Wealth Management Ltd (Registered number: 13611620)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Anghelos Wealth Management Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Mr L Gallucci





SECRETARY:





REGISTERED OFFICE: 21-22 Grosvenor Street
London
W1K 4QJ





REGISTERED NUMBER: 13611620 (England and Wales)





ACCOUNTANTS: Brookstone Accountancy Limited
3rd Floor
207 Regent Street
London
W1B 3HH

Anghelos Wealth Management Ltd (Registered number: 13611620)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 274 549

CURRENT ASSETS
Debtors 5 13,949 8,429
Prepayments and accrued income - 10,228
Cash at bank 98,808 47,296
112,757 65,953
CREDITORS
Amounts falling due within one year 6 38,937 8,359
NET CURRENT ASSETS 73,820 57,594
TOTAL ASSETS LESS CURRENT
LIABILITIES

74,094

58,143

CAPITAL AND RESERVES
Called up share capital 7 1,000 1,000
Retained earnings 73,094 57,143
SHAREHOLDERS' FUNDS 74,094 58,143

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.

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 March 2025 and were signed by:





Mr L Gallucci - Director


Anghelos Wealth Management Ltd (Registered number: 13611620)

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

1. STATUTORY INFORMATION

Anghelos Wealth Management Ltd 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, rebates, value added tax and other sales taxes.

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.

Computer software is being amortised evenly over its estimated useful life of four years.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

Anghelos Wealth Management Ltd (Registered number: 13611620)

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

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
At 1 October 2023
and 30 September 2024 1,098
AMORTISATION
At 1 October 2023 549
Amortisation for year 275
At 30 September 2024 824
NET BOOK VALUE
At 30 September 2024 274
At 30 September 2023 549

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 6,001 4,296
VAT 925 -
Called up share capital not paid 1,000 1,000
Prepayments and accrued income 6,023 3,133
13,949 8,429

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Tax 4,731 4,788
Accrued expenses 25,700 1,065
Deferred Income 8,506 2,506
38,937 8,359

7. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 30.9.24 30.9.23
value: £    £   
1,000 Share capital 1 £ 1 1,000 1,000