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Company Registration No. 13026647 (England and Wales)
Vinit Mehta Wealth Management Ltd Unaudited accounts for the year ended 30 November 2024
Vinit Mehta Wealth Management Ltd Unaudited accounts Contents
Page
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Vinit Mehta Wealth Management Ltd Company Information for the year ended 30 November 2024
Director
Vinit Anantray Mehta
Company Number
13026647 (England and Wales)
Registered Office
43-45 HIGH ROAD Bushey Heath WD23 1EE United Kingdom
Accountants
Charterwells Suite 8, 2nd Floor 43-45 High Road Bushey Heath WD23 1EE
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Vinit Mehta Wealth Management Ltd Statement of financial position as at 30 November 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,047,603 
2,353,132 
Tangible assets
4,357 
4,332 
Investments
- 
750 
2,051,960 
2,358,214 
Current assets
Debtors
10,535 
7,948 
Cash at bank and in hand
586,343 
493,089 
596,878 
501,037 
Creditors: amounts falling due within one year
(129,953)
(122,093)
Net current assets
466,925 
378,944 
Total assets less current liabilities
2,518,885 
2,737,158 
Creditors: amounts falling due after more than one year
(1,795,835)
(2,067,781)
Net assets
723,050 
669,377 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
723,040 
669,367 
Shareholders' funds
723,050 
669,377 
For the year ending 30 November 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 August 2025 and were signed on its behalf by
Vinit Anantray Mehta Director Company Registration No. 13026647
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Vinit Mehta Wealth Management Ltd Notes to the Accounts for the year ended 30 November 2024
1
Statutory information
Vinit Mehta Wealth Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 13026647. The registered office is 43-45 HIGH ROAD, Bushey Heath, WD23 1EE, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% SLM
Fixtures & fittings
25% SLM
Computer equipment
25% SLM
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation over 10 years on a straight line basis
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2023
3,055,291 
At 30 November 2024
3,055,291 
Amortisation
At 1 December 2023
702,159 
Charge for the year
305,529 
At 30 November 2024
1,007,688 
Net book value
At 30 November 2024
2,047,603 
At 30 November 2023
2,353,132 
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Vinit Mehta Wealth Management Ltd Notes to the Accounts for the year ended 30 November 2024
5
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2023
2,104 
5,491 
7,595 
Additions
- 
2,565 
2,565 
At 30 November 2024
2,104 
8,056 
10,160 
Depreciation
At 1 December 2023
816 
2,447 
3,263 
Charge for the year
526 
2,014 
2,540 
At 30 November 2024
1,342 
4,461 
5,803 
Net book value
At 30 November 2024
762 
3,595 
4,357 
At 30 November 2023
1,288 
3,044 
4,332 
6
Investments
Subsidiary undertakings 
£ 
Valuation at 1 December 2023
750 
Disposals
(750)
Valuation at 30 November 2024
- 
7
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
10,535 
7,948 
8
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
129,953 
121,191 
Other creditors
- 
902 
129,953 
122,093 
9
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
1,206,230 
1,410,088 
Loans from directors
589,605 
657,693 
1,795,835 
2,067,781 
10
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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