OBJECTIVE WEALTH LTD

Company Registration Number:
11456196 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2024

Period of accounts

Start date: 01 August 2023

End date: 31 July 2024

OBJECTIVE WEALTH LTD

Contents of the Financial Statements

for the Period Ended 31 July 2024

Balance sheet
Notes

OBJECTIVE WEALTH LTD

Balance sheet

As at 31 July 2024


Notes

2024

16 months to 31 July 2023


£

£
Fixed assets
Intangible assets: 3 99,800 68,000
Tangible assets: 4 7,110 5,573
Total fixed assets: 106,910 73,573
Current assets
Debtors:   5,000 36,759
Cash at bank and in hand: 101,765 40,565
Total current assets: 106,765 77,324
Creditors: amounts falling due within one year:   (62,536) (29,054)
Net current assets (liabilities): 44,229 48,270
Total assets less current liabilities: 151,139 121,843
Creditors: amounts falling due after more than one year:   (22,000) (29,777)
Total net assets (liabilities): 129,139 92,066
Capital and reserves
Called up share capital: 4,000 4,000
Profit and loss account: 125,139 88,066
Shareholders funds: 129,139 92,066

The notes form part of these financial statements

OBJECTIVE WEALTH LTD

Balance sheet statements

For the year ending 31 July 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 09 April 2025
and signed on behalf of the board by:

Name: Mr J Wheatley
Status: Director

The notes form part of these financial statements

OBJECTIVE WEALTH LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

OBJECTIVE WEALTH LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

2. Employees

2024 16 months to 31 July 2023
Average number of employees during the period 5 4

OBJECTIVE WEALTH LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

3. Intangible Assets

Total
Cost £
At 01 August 2023 85,000
Additions 61,000
At 31 July 2024 146,000
Amortisation
At 01 August 2023 17,000
Charge for year 29,200
At 31 July 2024 46,200
Net book value
At 31 July 2024 99,800
At 31 July 2023 68,000

OBJECTIVE WEALTH LTD

Notes to the Financial Statements

for the Period Ended 31 July 2024

4. Tangible Assets

Total
Cost £
At 01 August 2023 14,819
Additions 3,908
At 31 July 2024 18,727
Depreciation
At 01 August 2023 9,246
Charge for year 2,371
At 31 July 2024 11,617
Net book value
At 31 July 2024 7,110
At 31 July 2023 5,573