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REGISTERED NUMBER: 11226211 (England and Wales)







Unaudited Financial Statements

for the Year Ended 28 February 2025

for

Ashley Law Wealth Management Ltd

Ashley Law Wealth Management Ltd (Registered number: 11226211)






Contents of the Financial Statements
for the Year Ended 28 February 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ashley Law Wealth Management Ltd

Company Information
for the Year Ended 28 February 2025







DIRECTORS: Mr A R Dolman
Mrs M Dolman





REGISTERED OFFICE: Military House
24 Castle Street
Chester
Cheshire
CH1 2DS





REGISTERED NUMBER: 11226211 (England and Wales)





ACCOUNTANTS: Haines Watts
Military House
24 Castle Street
Chester
Cheshire
CH1 2DS

Ashley Law Wealth Management Ltd (Registered number: 11226211)

Balance Sheet
28 February 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,888 633

CURRENT ASSETS
Debtors 5 158,616 98,338
Cash at bank 187,042 209,541
345,658 307,879
CREDITORS
Amounts falling due within one year 6 309,202 308,406
NET CURRENT ASSETS/(LIABILITIES) 36,456 (527 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,344

106

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 38,244 6
SHAREHOLDERS' FUNDS 38,344 106

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 30 May 2025 and were signed on its behalf by:





Mr A R Dolman - Director


Ashley Law Wealth Management Ltd (Registered number: 11226211)

Notes to the Financial Statements
for the Year Ended 28 February 2025

1. STATUTORY INFORMATION

Ashley Law Wealth Management 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.

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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.
Motor vehicles - over the life of the lease
Computer equipment - 33% on cost

Taxation
Taxation for the year comprises current 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 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.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

Ashley Law Wealth Management Ltd (Registered number: 11226211)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2024 23,958 2,105 26,063
Additions - 2,185 2,185
At 28 February 2025 23,958 4,290 28,248
DEPRECIATION
At 1 March 2024 23,958 1,472 25,430
Charge for year - 930 930
At 28 February 2025 23,958 2,402 26,360
NET BOOK VALUE
At 28 February 2025 - 1,888 1,888
At 29 February 2024 - 633 633

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:
Motor
vehicles
£   
COST
At 1 March 2024 23,958
Transfer to ownership (23,958 )
At 28 February 2025 -
DEPRECIATION
At 1 March 2024 23,958
Transfer to ownership (23,958 )
At 28 February 2025 -
NET BOOK VALUE
At 28 February 2025 -
At 29 February 2024 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Amounts owed by associates 42,861 42,861
Other debtors 115,755 55,477
158,616 98,338

Ashley Law Wealth Management Ltd (Registered number: 11226211)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Taxation and social security 36,232 35,436
Other creditors 272,970 272,970
309,202 308,406

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £63,000 (2024 - £98,950) were paid to the directors .

During the period, the company received income on an arms length basis of £103,805 (2024: £110,370) from Workplace Advice Group Ltd, a trading company in which the director, A R Dolman, has a beneficial interest.