NEWARD WEALTH MANAGEMENT LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 MARCH 2025
Company registration number SC575440 (Scotland)
PAGES FOR FILING WITH REGISTRAR
NEWARD WEALTH MANAGEMENT LTD
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2023
£
£
£
£
Fixed assets
28,692
40,597
Current assets
14,735
49,438
Prepayments and accrued income
408
96
Creditors: amounts falling due within one year
(28,999)
(20,960)
Net current (liabilities)/assets
(13,856)
28,574
Total assets less current liabilities
14,836
69,171
Creditors: amounts falling due after more than one year
(6,083)
Net assets
14,836
63,088
Capital and reserves
14,836
63,088
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the period was as follows:
2025
2023
Number
Number
Employees
1
1
2
Related Party Transactions
Included within current assets is £5,037 (2023 - £251 included within creditors due after more than one year) due from the director. This loan bears no interest and has now been repaid.
Included within current liabilities is £21,800 (2023 - £2,250 included within current assets) due to a company that is related by virtue of common control.
Neward Wealth Management Ltd is a private company limited by shares incorporated in Scotland. The registered office is 21 Neward Crescent, Prestwick, Ayrshire, KA9 2JB.
For the period ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476.
NEWARD WEALTH MANAGEMENT LTD
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime', and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 24 June 2025
Mr Chris Rimmer
Director
Company Registration Number SC575440