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Company Registration No. 12706270 (England and Wales)
Allard Wealth Ltd Unaudited accounts for the year ended 31 December 2024
Allard Wealth Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Allard Wealth Ltd Company Information for the year ended 31 December 2024
Director
Imogen Jane Allard
Company Number
12706270 (England and Wales)
Registered Office
124 City Road London EC1V 2NX England
Accountants
Rhodes Accountants and Business Advisers Limited 251 Gray's Inn Road London WC1X 8QT
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Allard Wealth Ltd Statement of financial position as at 31 December 2024
2024
2023
Notes
£
£
Fixed assets
Intangible assets
4
968,194
782,834
Tangible assets
5
20,829
28,439
989,023
811,273
Current assets
Debtors
6
738
38,940
Cash at bank and in hand
31,757
5,631
32,495
44,571
Creditors: amounts falling due within one year
7
(104,911)
(65,332)
Net current liabilities
(72,416)
(20,761)
Total assets less current liabilities
916,607
790,512
Creditors: amounts falling due after more than one year
8
(413,238)
(290,298)
Provisions for liabilities
Deferred tax
(5,016)
(5,016)
Net assets
498,353
495,198
Capital and reserves
Called up share capital
245,515
245,515
Profit and loss account
252,838
249,683
Shareholders' funds
498,353
495,198
For the year ending 31 December 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 20 May 2025 and were signed on its behalf by
Imogen Jane Allard Director Company Registration No. 12706270
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Allard Wealth Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Allard Wealth Ltd is a private company, limited by shares, registered in England and Wales, registration number 12706270. The registered office is 124 City Road, London, EC1V 2NX, England.
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:
Plant & machinery
25% Straight line
Motor vehicles
25% Straight line
Fixtures & fittings
25% Straight line
Computer equipment
33% Straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 January 2024
782,834
Additions
185,360
At 31 December 2024
968,194
Amortisation
At 1 January 2024
-
At 31 December 2024
-
Net book value
At 31 December 2024
968,194
At 31 December 2023
782,834
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Allard Wealth Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
-
51,130
1,110
12,531
64,771
Additions
6,233
-
-
2,209
8,442
At 31 December 2024
6,233
51,130
1,110
14,740
73,213
Depreciation
At 1 January 2024
-
25,566
370
10,396
36,332
Charge for the year
1,559
12,782
277
1,434
16,052
At 31 December 2024
1,559
38,348
647
11,830
52,384
Net book value
At 31 December 2024
4,674
12,782
463
2,910
20,829
At 31 December 2023
-
25,564
740
2,135
28,439
6
Debtors
2024
2023
£
£
Amounts falling due within one year
Accrued income and prepayments
-
38,202
Other debtors
738
738
738
38,940
7
Creditors: amounts falling due within one year
2024
2023
£
£
Taxes and social security
54,672
44,057
Other creditors
825
585
Loans from directors
49,414
11,189
Accruals
-
9,501
104,911
65,332
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
384,213
255,903
Obligations under finance leases and hire purchase contracts
29,025
34,395
413,238
290,298
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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