JPS Wealth Management Limited - Period Ending 2019-10-31

Registration number: 09274545

JPS Wealth Management Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 31 October 2019

JPS Wealth Management Limited

Contents

Company Information	1
Accountants' Report	2
Balance Sheet	3 to 4
Notes to the Financial Statements	4

JPS Wealth Management Limited

Company Information

Directors

Mrs Jayna Shah Mr Kalpesh Shah

Registered office

Hova House 1 Hova Villas Hove East Sussex BN3 3DH

Accountants

SRC-Time Ltd 2nd Floor Stanford Gate South Road Brighton East Sussex BN1 6SB

Page 1

Chartered Accountants' Report to the Board of Directors on the Preparation of the Unaudited Statutory Accounts of
JPS Wealth Management Limited
for the Year Ended 31 October 2019

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of JPS Wealth Management Limited for the year ended 31 October 2019 as set out on pages 3 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at
http://www.icaew.com/en/members/regulations-standards-and-guidance/.

This report is made solely to the Board of Directors of JPS Wealth Management Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of JPS Wealth Management Limited and state those matters that we have agreed to state to the Board of Directors of JPS Wealth Management Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than JPS Wealth Management Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that JPS Wealth Management Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of JPS Wealth Management Limited. You consider that JPS Wealth Management Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of JPS Wealth Management Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

SRC-Time Ltd
2nd Floor
Stanford Gate
South Road
Brighton
East Sussex
BN1 6SB

16 April 2020

Page 2

JPS Wealth Management Limited

(Registration number: 09274545)
Balance Sheet as at 31 October 2019

	Note	2019 £	2018 £
Fixed assets		109,696	128,386
Current assets		39,352	41,654
Creditors: Amounts falling due within one year		(47,575)	(49,971)
Net current liabilities		(8,223)	(8,317)
Total assets less current liabilities		101,473	120,069
Creditors: Amounts falling due after more than one year		(64,306)	(86,858)
Accruals and deferred income		(1,500)	(1,450)
		35,667	31,761
Capital and reserves		35,667	31,761

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.

For the financial year ending 31 October 2019 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.

Approved and authorised by the Board on 16 April 2020 and signed on its behalf by:
 

.........................................

Mrs Jayna Shah

Director

The notes on page 4 form an integral part of these financial statements.

Page 3

JPS Wealth Management Limited

(Registration number: 09274545)
Balance Sheet as at 31 October 2019

Notes to the Financial Statements for the Year Ended 31 October 2019

1	General information

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'.

Page 4