Lawrence Neil Wealth Management Ltd

Lawrence Neil Wealth Management Ltd
Contents Page
For the year ended 31 March 2025

Balance sheet	1
Notes to the financial statements	2

Registered Number: 13047008 Lawrence Neil Wealth Management Ltd
Balance Sheet
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Intangible fixed assets	3	3,670,334	3,159,911
		3,670,334	3,159,911
Current assets
Cash at bank and in hand		61,899	131,987
Creditors: amount falling due within one year		(1,403,491)	(802,447)
Net current assets		(1,341,592)	(670,460)

Total assets less current liabilities		2,328,742	2,489,451
Creditors: amount falling due after more than one year		(1,588,991)	(1,991,862)
Net assets		739,751	497,589

Capital and reserves
Called up share capital	4	200	200
Profit and loss account		739,551	497,389
Shareholders' funds		739,751	497,589

For the year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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 members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 30 December 2025 and were signed on its behalf by:

-------------------------------
Neil Fletcher
Director

1

Lawrence Neil Wealth Management Ltd
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Lawrence Neil Wealth Management Ltd is a private company, limited by shares, registered in , registration number 13047008, registration address Jws Hopper Hill Road , Eastfield, Scarborough, North Yorkshire, YO11 3YS.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Intangible assets

Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.

Goodwill
Acquired goodwill is stated at cost less amortisation. On an annual basis the directors assess the current market value of the goodwill and write any diminution direct to profit and loss account.

2.	Average number of employees Average number of employees during the year was 10 (2024 : 10).

3.

Intangible fixed assets

Cost	Goodwill	Total
	£	£
At 01 April 2024	3,159,911	3,159,911
Additions	600,000	600,000
Disposals	(89,577)	(89,577)
At 31 March 2025	3,670,334	3,670,334
Amortisation
At 01 April 2024	-	-
Charge for year	-	-
On disposals	-	-
At 31 March 2025	-	-
Net book values
At 31 March 2025	3,670,334	3,670,334
At 31 March 2024	3,159,911	3,159,911

4.

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
9,001 Class A shares of £0.01 each	90	90
9,001 Class B shares of £0.01 each	90	90
999 Class C shares of £0.01 each	10	0
999 Class D shares of £0.01 each	10	0
	200	180

2

Registered Number: 13047008

Abridged Accounts

for the year ended 31 March 2025
for
LAWRENCE NEIL WEALTH MANAGEMENT LTD