Bath Wealth Management Limited - Period Ending 2022-03-31

Bath Wealth Management Limited - Period Ending 2022-03-31


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Registration number: 10084999

Bath Wealth Management Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 March 2022

 

Bath Wealth Management Limited

Contents

Company Information

1

Balance Sheet

2 to 3

 

Bath Wealth Management Limited

Company Information

Directors

Mr J C Crocker

Mrs B K Faulkner

Registered office

Crofters
Cranham
GLOUCESTER
Gloucestershire
GL4 8HP

Accountants

Harbour Key Limited
Midway House
Herrick Way
Staverton
Cheltenham
GL51 6TQ

 

Bath Wealth Management Limited

(Registration number: 10084999)
Balance Sheet as at 31 March 2022

2022
£

2021
£

Fixed assets

1,275,810

588,315

Current assets

143,519

482,446

Prepayments and accrued income

1,335

-

Creditors: Amounts falling due within one year

(292,643)

(144,274)

Net current (liabilities)/assets

(147,789)

338,172

Total assets less current liabilities

1,128,021

926,487

Creditors: Amounts falling due after more than one year

(309,763)

(351,481)

Accruals and deferred income

(1,440)

(1,440)

 

816,818

573,566

Capital and reserves

816,818

573,566

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Crofters
Cranham
GLOUCESTER
Gloucestershire
GL4 8HP

These financial statements were authorised for issue by the Board on 22 December 2022.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2021 - 2).

3

Financial commitments, guarantees and contingencies

Amounts disclosed in the balance sheet

Included in the balance sheet are secured creditors of £350,173 (2021 - £363,446). The bank loan is secured by a fixed and floating charge over the company's assets.

 

Bath Wealth Management Limited

(Registration number: 10084999)
Balance Sheet as at 31 March 2022

4

Related party transactions

Transactions with directors

2022

At 1 April 2021
£

Repayments by director
£

At 31 March 2022
£

No fixed repayment terms.

348,189

(348,189)

-

       
     

 

2021

At 1 April 2020
£

Advances to director
£

Repayments by director
£

At 31 March 2021
£

No fixed repayment terms.

(243)

362,752

(14,320)

348,189

         
       

 

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

For the financial year ending 31 March 2022 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; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved and authorised by the Board on 22 December 2022 and signed on its behalf by:
 

.........................................
Mr J C Crocker
Director

.........................................
Mrs B K Faulkner
Director