REGISTERED NUMBER: 15570511 (England and Wales)

FINANCIAL STATEMENTS

FOR THE PERIOD

17TH MARCH 2024 TO 31ST MARCH 2025

FOR

DAVID WELLS FINANCIAL PLANNING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

D Wells

S Taj

REGISTERED OFFICE:

4 The Ridgeway

Ruislip

Middlesex

HA4 8QS

REGISTERED NUMBER:

15570511 (England and Wales)

ACCOUNTANTS:

Sproull & Co.

Chartered Accountants

First Floor, Jebsen House

53-61 High Street

Ruislip

Middlesex

HA4 7BD

FIXED ASSETS

Tangible assets

4

2,382

CURRENT ASSETS

Debtors

5

19,406

Cash at bank

2,231

21,637

CREDITORS

Amounts falling due within one year

6

23,608

NET CURRENT LIABILITIES

(1,971

)

TOTAL ASSETS LESS CURRENT LIABILITIES

411

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

311

411

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the period ended 31st March 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14th October 2025 and were signed on its behalf by:

D Wells - Director

1.	STATUTORY INFORMATION

David Wells Financial Planning Limited 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.

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.

Plant and machinery etc

-

25% on reducing balance

Taxation

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

2,779

At 31st March 2025

2,779

DEPRECIATION

Charge for period

397

At 31st March 2025

397

NET BOOK VALUE

At 31st March 2025

2,382

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Other debtors

19,406

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

20,608

Other creditors

3,000

23,608

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31st March 2025:

£

D Wells

Balance outstanding at start of period

-

Amounts advanced

123,838

Amounts repaid

(104,634

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

19,204

The above balance was repaid in full to the company within 9 months of the balance sheet date.