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Company Registration No. 12320956 (England and Wales)
Jon Purnell Wealth Management Limited Unaudited accounts for the year ended 31 October 2024
Jon Purnell Wealth Management Limited Unaudited accounts Contents
Page
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Jon Purnell Wealth Management Limited Company Information for the year ended 31 October 2024
Director
Jonathan Purnell
Company Number
12320956 (England and Wales)
Registered Office
13 TREM-Y-DYFFRYN BROADLANDS BRIDGEND CF31 5AP UNITED KINGDOM
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Jon Purnell Wealth Management Limited Statement of financial position as at 31 October 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
5,200 
Tangible assets
55,419 
444 
55,419 
5,644 
Current assets
Debtors
- 
244 
Cash at bank and in hand
53,552 
43,267 
53,552 
43,511 
Creditors: amounts falling due within one year
(6,616)
(15,048)
Net current assets
46,936 
28,463 
Total assets less current liabilities
102,355 
34,107 
Creditors: amounts falling due after more than one year
(62,579)
(7,625)
Net assets
39,776 
26,482 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
39,676 
26,382 
Shareholders' funds
39,776 
26,482 
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 15 May 2025 and were signed on its behalf by
Jonathan Purnell Director Company Registration No. 12320956
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Jon Purnell Wealth Management Limited Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
Jon Purnell Wealth Management Limited is a private company, limited by shares, registered in England and Wales, registration number 12320956. The registered office is 13 TREM-Y-DYFFRYN, BROADLANDS, BRIDGEND, CF31 5AP, UNITED KINGDOM.
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:
Fixtures & fittings
20% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2023
26,000 
At 31 October 2024
26,000 
Amortisation
At 1 November 2023
20,800 
Charge for the year
5,200 
At 31 October 2024
26,000 
Net book value
At 31 October 2024
- 
At 31 October 2023
5,200 
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Jon Purnell Wealth Management Limited Notes to the Accounts for the year ended 31 October 2024
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2023
- 
2,204 
2,204 
Additions
65,005 
4,264 
69,269 
At 31 October 2024
65,005 
6,468 
71,473 
Depreciation
At 1 November 2023
- 
1,760 
1,760 
Charge for the year
13,001 
1,293 
14,294 
At 31 October 2024
13,001 
3,053 
16,054 
Net book value
At 31 October 2024
52,004 
3,415 
55,419 
At 31 October 2023
- 
444 
444 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
244 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
2,250 
2,250 
Taxes and social security
1,897 
11,601 
Other creditors
987 
- 
Loans from directors
102 
- 
Accruals
1,380 
1,197 
6,616 
15,048 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
6,125 
7,625 
Obligations under finance leases and hire purchase contracts
56,454 
- 
62,579 
7,625 
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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