IRIS Accounts Production v25.1.4.42 12337610 Board of Directors 1.4.24 31.3.25 31.3.25 0 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh123376102024-03-31123376102025-03-31123376102024-04-012025-03-31123376102023-03-31123376102023-04-012024-03-31123376102024-03-3112337610ns15:EnglandWales2024-04-012025-03-3112337610ns14:PoundSterling2024-04-012025-03-3112337610ns10:Director12024-04-012025-03-3112337610ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3112337610ns10:SmallEntities2024-04-012025-03-3112337610ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3112337610ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3112337610ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3112337610ns10:FullAccounts2024-04-012025-03-311233761012024-04-012025-03-3112337610ns10:Director22024-04-012025-03-3112337610ns10:Director32024-04-012025-03-3112337610ns10:Director42024-04-012025-03-3112337610ns10:Director52024-04-012025-03-3112337610ns10:Director62024-04-012025-03-3112337610ns10:RegisteredOffice2024-04-012025-03-3112337610ns5:CurrentFinancialInstruments2025-03-3112337610ns5:CurrentFinancialInstruments2024-03-3112337610ns5:ShareCapital2025-03-3112337610ns5:ShareCapital2024-03-3112337610ns5:RetainedEarningsAccumulatedLosses2025-03-3112337610ns5:RetainedEarningsAccumulatedLosses2024-03-3112337610ns5:PatentsTrademarksLicencesConcessionsSimilar2024-04-012025-03-3112337610ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2024-04-012025-03-3112337610ns5:IntangibleAssetsOtherThanGoodwill2024-03-3112337610ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3112337610ns5:IntangibleAssetsOtherThanGoodwill2025-03-3112337610ns5:IntangibleAssetsOtherThanGoodwill2024-03-31
REGISTERED NUMBER: 12337610 (England and Wales)







UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WEALTH TRACKER LTD

WEALTH TRACKER LTD (REGISTERED NUMBER: 12337610)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


WEALTH TRACKER LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: Mrs A J Mayes
Mr D P Peters
Mrs A Winton
Mr I Campbell
Mr A M Dines
Mrs V Venerus





REGISTERED OFFICE: Endeavour House
Crawley Business Quarter
Manor Royal
Crawley
RH10 9LW





REGISTERED NUMBER: 12337610 (England and Wales)





ACCOUNTANTS: Cube Partners Limited
Chartered Accountants
5 Giffard Court
Millbrook Close
Northampton
Northamptonshire
NN5 5JF

WEALTH TRACKER LTD (REGISTERED NUMBER: 12337610)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 3,367 9,309

CURRENT ASSETS
Cash at bank 47,659 19,788

CREDITORS
Amounts falling due within one year 5 46,199 4,654
NET CURRENT ASSETS 1,460 15,134
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,827

24,443

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 4,727 24,343
4,827 24,443

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 directors acknowledge their 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.

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 Board of Directors and authorised for issue on 16 July 2025 and were signed on its behalf by:





Mr D P Peters - Director


WEALTH TRACKER LTD (REGISTERED NUMBER: 12337610)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

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

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Significant judgements and estimates
In the application of the company's accounting policies, the directors are required to make judgments, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of revision and future periods where the revision affects both current and future periods.

Turnover
Turnover is measured at the fair value of consideration received or receivable for services provided in the normal course of business, and is shown net of value added tax and other sales related taxes.

Revenue from sale of services is recognised when the stage of completion of the transaction can be measured reliably. To the extent that the service provided has not been billed at the balance sheet date, the amount is recognised as revenue and recorded as accrued income. Sales billed in advance of the services being provided are recognised as deferred income.

Intangible fixed assets and amortisation
Intangible assets are stated at cost less amortisation. Amortisation is provided at rates calculated to write off the cost of intangible assets, less their estimated residual value, over their expected useful lives from the year in which they come into use, on the following basis:

Trade marks - over 5 years
Website development - over 5 years

Website development
Costs associated with the development of the website platform have been capitalised as the website is an enduring asset of the company.

Financial instruments
Cash and cash equivalents in the balance sheet comprise cast at banks and in hand and short term deposits with an original maturity date of three months or less.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the statement of comprehensive income and under administrative expenses.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.


WEALTH TRACKER LTD (REGISTERED NUMBER: 12337610)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024
and 31 March 2025 29,712
AMORTISATION
At 1 April 2024 20,403
Charge for year 5,942
At 31 March 2025 26,345
NET BOOK VALUE
At 31 March 2025 3,367
At 31 March 2024 9,309

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed to group undertakings 45,000 3,754
Other creditors 1,199 900
46,199 4,654