REGISTERED NUMBER: 09383179 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

GRAINGER WEALTH MANAGEMENT LIMITED

Page

Balance Sheet

1

FIXED ASSETS

13,835

17,259

CURRENT ASSETS

67,735

47,268

CREDITORS

Amounts falling due within one year

(47,279

)

(29,625

)

NET CURRENT ASSETS

20,456

17,643

TOTAL ASSETS LESS CURRENT LIABILITIES

34,291

34,902

CREDITORS

Amounts falling due after more than one year

(25,068

)

(20,293

)

NET ASSETS

9,223

14,609

CAPITAL AND RESERVES

9,223

14,609

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

Grainger Wealth Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

09383179

Registered office:

4 Westview Terrace

Eaglescliffe

Stockton-on-Tees

TS16 0EE

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .

3.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2024 and 31 December 2023:

2024

2023

as restated

£

£

N L Grainger

Balance outstanding at start of year

26,955

29,499

Amounts advanced

48,290

19,746

Amounts repaid

(26,138

)

(22,290

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

49,107

26,955

Interest has been charged to the director's loan account at 2.25%.

4.	PRIOR YEAR ADJUSTMENT

In the year ended 31 December 2018, the company acquired goodwill for a consideration of £36,083. This was financed by way of a loan with repayments of the loan subsequently deducted from sales income. The transactions were not included in accounts up to and including the year ended 31 December 2023

The opening balances at 1 January 2023 have been restated and the comparative figures for the year ended 31 December 2023 have been restated. The impact of this has been to increase fixed assets by £17,140, increase creditors falling due within one year by £8,856, increase creditors falling due after more than one year by £12,059 and reduce reserves carried forward by £3,775 at 31 December 2023.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 12 June 2026 and were signed by:

N L Grainger - Director