H C James Wealth Management Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04471279

		2024		2023
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		13,252		15,461
Tangible Assets	5		26,581		24,262

			39,833		39,723
CURRENT ASSETS
Debtors	6	11,248		12,487
Cash at bank and in hand		84,441		80,428

		95,689		92,915
Creditors: Amounts Falling Due Within One Year	7	(11,869 )		(14,028 )

NET CURRENT ASSETS (LIABILITIES)			83,820		78,887

TOTAL ASSETS LESS CURRENT LIABILITIES			123,653		118,610

PROVISIONS FOR LIABILITIES
Deferred Taxation			(1,535 )		(1,005 )

NET ASSETS			122,118		117,605

CAPITAL AND RESERVES
Called up share capital	8		200		100
Profit and Loss Account			121,918		117,505

SHAREHOLDERS' FUNDS			122,118		117,605

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H C James Wealth Management Limited

Balance Sheet (continued)

As At 31 December 2024

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J C Hutson

Director

16 September 2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

H C James Wealth Management Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04471279 . The registered office is The Courtyard, Greenhill Farm, Greenhill, Hathern, Loughborough, Leicestershire, LE12 5LF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	10% straight line
Leasehold	2% straight line
Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2.5. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 4 (2023: 5)

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H C James Wealth Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2024	22,087

As at 31 December 2024	22,087

Amortisation
As at 1 January 2024	6,626
Provided during the period	2,209

As at 31 December 2024	8,835

Net Book Value
As at 31 December 2024	13,252

As at 1 January 2024	15,461

5. Tangible Assets

	Land & Property
	Freehold	Leasehold	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 January 2024	8,758	23,522	9,187	30,143	71,610
Additions	-	-	2,605	2,876	5,481

As at 31 December 2024	8,758	23,522	11,792	33,019	77,091

Depreciation
As at 1 January 2024	8,758	4,548	8,801	25,241	47,348
Provided during the period	-	470	748	1,944	3,162

As at 31 December 2024	8,758	5,018	9,549	27,185	50,510

Net Book Value
As at 31 December 2024	-	18,504	2,243	5,834	26,581

As at 1 January 2024	-	18,974	386	4,902	24,262

6. Debtors

	2024	2023
	£	£
Due within one year
Trade debtors	11,036	12,364
Other debtors	212	123

	11,248	12,487

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H C James Wealth Management Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2024

7. Creditors: Amounts Falling Due Within One Year

	2024	2023
	£	£
Other creditors	4,487	10,257
Taxation and social security	7,382	3,771

	11,869	14,028

8. Share Capital

	2024	2023
Allotted, called up and fully paid	£	£
0 Ordinary Shares of £ 0.00 each	-	100
100 Ordinary A shares of £ 1.00 each	100	-
100 Ordinary B shares of £ 1.00 each	100	-

	200	100

During the year , the 100 Ordinary Shares of the Company in issue were redesignated as A Ordinary Shares . Furthermore 100 B Ordinary Shares were alloted and issued with payment being received in full.

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