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Registration number: 05255485

Morgan Wealth Management Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2024

 

Morgan Wealth Management Limited

Contents

Company Information

1

Accountants' Report

2

Balance Sheet

3 to 4

Notes to the Unaudited Financial Statements

3

 

Morgan Wealth Management Limited

Company Information

Director

Mr. Gareth Lyn Morgan

Company secretary

Mrs. Mair Lewis Morgan

Registered office

10 Barn Road
Carmarthen
SA31 1DE

Accountants

Fergusons and Peters
4 High Street
Pontardawe
Swansea
West Glamorgan
SA8 4HU

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Morgan Wealth Management Limited
for the Year Ended 31 October 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Morgan Wealth Management Limited for the year ended 31 October 2024 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of Morgan Wealth Management Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Morgan Wealth Management Limited and state those matters that we have agreed to state to the Board of Directors of Morgan Wealth Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Morgan Wealth Management Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Morgan Wealth Management Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Morgan Wealth Management Limited. You consider that Morgan Wealth Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Morgan Wealth Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

Fergusons and Peters
4 High Street
Pontardawe
Swansea
West Glamorgan
SA8 4HU

28 July 2025

 

Morgan Wealth Management Limited

(Registration number: 05255485)
Balance Sheet as at 31 October 2024

2024
£

2023
£

Fixed assets

1,030

1,371

Current assets

192,239

175,512

Creditors: Amounts falling due within one year

(7,141)

(12,828)

Net current assets

185,098

162,684

 

186,128

164,055

Capital and reserves

186,128

164,055

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
10 Barn Road
Carmarthen
SA31 1DE

These financial statements were authorised for issue by the director on 28 July 2025.

Basis of preparation

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

3

Related party transactions

2024

At 1 November 2023
£

At 31 October 2024
£

Mr. Gareth Lyn Morgan

Directors loan interest free

6,028

22,848

2023

At 1 November 2022
£

At 31 October 2023
£

Mr. Gareth Lyn Morgan

Directors loan interest free

68,962

6,028

 

Morgan Wealth Management Limited

(Registration number: 05255485)
Balance Sheet as at 31 October 2024

For the financial year ending 31 October 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the director on 28 July 2025
 

.........................................
Mr. Gareth Lyn Morgan
Director