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REGISTERED NUMBER: SC443959 (Scotland)















Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Andy Johnston Wealth Management Ltd

Andy Johnston Wealth Management Ltd (Registered number: SC443959)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Andy Johnston Wealth Management Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTOR: Mr A G Johnston





REGISTERED OFFICE: 52 Redwood Avenue
Inverness
Inverness-shire
IV2 6HA





REGISTERED NUMBER: SC443959 (Scotland)





ACCOUNTANTS: SBP
Accountants
Glebefield House
21 Links Terrace
Peterhead
Aberdeenshire
AB42 2XA

Andy Johnston Wealth Management Ltd (Registered number: SC443959)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 - 1,007

CURRENT ASSETS
Debtors 5 7,695 9,132
Cash at bank 16,104 18,941
23,799 28,073
CREDITORS
Amounts falling due within one year 6 23,632 27,871
NET CURRENT ASSETS 167 202
TOTAL ASSETS LESS CURRENT
LIABILITIES

167

1,209

CREDITORS
Amounts falling due after more than one
year

7

-

(325

)

PROVISIONS FOR LIABILITIES - (229 )
NET ASSETS 167 655

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 67 555
SHAREHOLDERS' FUNDS 167 655

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Andy Johnston Wealth Management Ltd (Registered number: SC443959)

Balance Sheet - continued
31 March 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 June 2025 and were signed by:





Mr A G Johnston - Director


Andy Johnston Wealth Management Ltd (Registered number: SC443959)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Andy Johnston Wealth Management Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents commission earned.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Computer equipment - 33% on cost

Tangible fixed assets are included at cost less depreciation and impairment. The residual value is reassessed at the end of each accounting period.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Andy Johnston Wealth Management Ltd (Registered number: SC443959)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4. TANGIBLE FIXED ASSETS
Computer
equipment
£   
COST
At 1 April 2024 7,611
Disposals (7,611 )
At 31 March 2025 -
DEPRECIATION
At 1 April 2024 6,604
Eliminated on disposal (6,604 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 1,007

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Computer
equipment
£   
COST
At 1 April 2024 799
Disposals (799 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 799

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 154 3,017
Other debtors 7,541 6,115
7,695 9,132

Andy Johnston Wealth Management Ltd (Registered number: SC443959)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts - 324
Trade creditors 3,097 1,488
Taxation and social security 18,286 22,433
Other creditors 2,249 3,626
23,632 27,871

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts - 325

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25 31.3.24
£    £   
Mr A G Johnston
Balance outstanding at start of year 2,590 (2,959 )
Amounts advanced 35,294 37,688
Amounts repaid (30,527 ) (32,139 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,357 2,590

9. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A G Johnston.