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Company Registration No. 14693718 (England and Wales)
Richmond Wealth Management Ltd Unaudited accounts for the year ended 31 March 2025
Richmond Wealth Management Ltd Unaudited accounts Contents
Page
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Richmond Wealth Management Ltd Company Information for the year ended 31 March 2025
Director
Neil Richmond
Company Number
14693718 (England and Wales)
Registered Office
3a Blue Sky Way Monkton Business Park South Hebburn Tyne and Wear NE31 2EQ United Kingdom
Accountants
D C S Consultancy Limited 3a Blue Sky Way Monkton Business Park South Hebburn Tyne & Wwar NE21 2EQ
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Richmond Wealth Management Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,050 
1,275 
Current assets
Debtors
2,094 
38,842 
Cash at bank and in hand
48,505 
18,233 
50,599 
57,075 
Creditors: amounts falling due within one year
(40,200)
(34,640)
Net current assets
10,399 
22,435 
Total assets less current liabilities
11,449 
23,710 
Creditors: amounts falling due after more than one year
(8,184)
(23,465)
Provisions for liabilities
Deferred tax
(200)
(242)
Net assets
3,065 
3 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
3,063 
1 
Shareholders' funds
3,065 
3 
For the year ending 31 March 2025 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 2 May 2025 and were signed on its behalf by
Neil Richmond Director Company Registration No. 14693718
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Richmond Wealth Management Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Richmond Wealth Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 14693718. The registered office is 3a Blue Sky Way, Monkton Business Park South, Hebburn, Tyne and Wear, NE31 2EQ, 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
15%
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 April 2024
1,500 
At 31 March 2025
1,500 
Depreciation
At 1 April 2024
225 
Charge for the year
225 
At 31 March 2025
450 
Net book value
At 31 March 2025
1,050 
At 31 March 2024
1,275 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,094 
17,250 
Other debtors
- 
21,592 
2,094 
38,842 
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Richmond Wealth Management Ltd Notes to the Accounts for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
7,292 
12,500 
Taxes and social security
32,908 
22,140 
40,200 
34,640 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
7,292 
Trade creditors
705 
- 
Other creditors
6,000 
15,038 
Taxes and social security
1,379 
1,120 
Loans from directors
100 
15 
8,184 
23,465 
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).
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