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
Richmond Wealth Management Ltd
Company Information
for the year ended 31 March 2025
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
Richmond Wealth Management Ltd
Statement of financial position
as at 31 March 2025
Tangible assets
1,050
1,275
Cash at bank and in hand
48,505
18,233
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
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
Richmond Wealth Management Ltd
Notes to the Accounts
for the year ended 31 March 2025
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.
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:
4
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
Trade debtors
2,094
17,250
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
7
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
6,000
15,038
Taxes and social security
1,379
1,120
Loans from directors
100
15
8
Average number of employees
During the year the average number of employees was 4 (2024: 4).