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
Jon Purnell Wealth Management Limited
Company Information
for the year ended 31 October 2024
Company Number
12320956 (England and Wales)
Registered Office
13 TREM-Y-DYFFRYN
BROADLANDS
BRIDGEND
CF31 5AP
UNITED KINGDOM
Jon Purnell Wealth Management Limited
Statement of financial position
as at 31 October 2024
Tangible assets
55,419
444
Cash at bank and in hand
53,552
43,267
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)
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
Jon Purnell Wealth Management Limited
Notes to the Accounts
for the year ended 31 October 2024
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.
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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:
Fixtures & fittings
20% Straight Line
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Intangible fixed assets
Goodwill
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
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
At 31 October 2024
52,004
3,415
55,419
At 31 October 2023
-
444
444
Amounts falling due within one year
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
Loans from directors
102
-
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
56,454
-
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).