Wealth Invest Limited - Limited company - abbreviated - 11.6

REGISTERED NUMBER: 04367844 (England and Wales)

Abbreviated Unaudited Accounts

for the Period 1 April 2013 to 30 September 2014

for

Wealth Invest Limited

Page

Company Information

1

Abbreviated Balance Sheet

2

Notes to the Abbreviated Accounts

3

Chartered Certified Accountants' Report

5

DIRECTOR:

Mrs D L Rowan

SECRETARY:

G D Rowan

REGISTERED OFFICE:

London House

243-253 Lower Mortlake Road

Richmond

Surrey

TW9 2LL

REGISTERED NUMBER:

04367844 (England and Wales)

ACCOUNTANTS:

Rickaby & Co

Chartered Certified Accountants

4 Claridge Court

Lower Kings Road

Berkhamsted

Hertfordshire

HP4 2AF

FIXED ASSETS

Intangible assets

2

-

435

Tangible assets

3

4,828

7,725

Investments

4

49,725

49,725

54,553

57,885

CURRENT ASSETS

Debtors

5,400

1,859

Cash at bank

108,956

32,686

114,356

34,545

CREDITORS

Amounts falling due within one year

91,729

57,336

NET CURRENT ASSETS/(LIABILITIES)

22,627

(22,791

)

TOTAL ASSETS LESS CURRENT LIABILITIES

77,180

35,094

CAPITAL AND RESERVES

Called up share capital

5

2

2

Profit and loss account

77,178

35,092

SHAREHOLDERS' FUNDS

77,180

35,094

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2014.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2014 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 abbreviated accounts have been prepared in accordance with the special provisions of Part 15 of the Companies Act 2006 relating to small companies.

The financial statements were approved by the director on 19 March 2015 and were signed by:

Mrs D L Rowan - Director

1.	ACCOUNTING POLICIES

Accounting convention

The financial statements have been prepared under the historical cost convention and in accordance with the

Financial Reporting Standard for Smaller Entities (effective April 2008).

Turnover

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a website in 2013, is being amortised

evenly over its estimated useful life of 2 years.

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the

balance sheet date.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the

balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling

at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to the profit and loss account on a straight line basis over the

period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to the profit and loss account in the period to which they relate.

2.	INTANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 30 September 2014

10,870

AMORTISATION

At 1 April 2013

10,435

Amortisation for period

435

At 30 September 2014

10,870

NET BOOK VALUE

At 30 September 2014

-

At 31 March 2013

435

3.	TANGIBLE FIXED ASSETS

Total

£

COST

At 1 April 2013

and 30 September 2014

33,872

DEPRECIATION

At 1 April 2013

26,147

Charge for period

2,897

At 30 September 2014

29,044

NET BOOK VALUE

At 30 September 2014

4,828

At 31 March 2013

7,725

4.	FIXED ASSET INVESTMENTS

Investments

other

than

loans

£

COST

At 1 April 2013

and 30 September 2014

49,725

NET BOOK VALUE

At 30 September 2014

49,725

At 31 March 2013

49,725

5.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.9.14

31.3.13

value:

£

£

2

Ordinary

1.00

2

2

The following reproduces the text of the report prepared for the director in respect of the company's annual

unaudited financial statements, from which the unaudited abbreviated accounts (set out on pages two to four)

have been prepared.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of Wealth Invest Limited for the period ended 30 September 2014 which comprise the Profit and

Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information

and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and

other professional requirements which are detailed at http://rulebook.accaglobal.com.

This report is made solely to the director of Wealth Invest Limited in accordance with our terms of engagement. Our

work has been undertaken solely to prepare for your approval the financial statements of Wealth Invest Limited and

state those matters that we have agreed to state to the director of Wealth Invest Limited in this report in accordance with

the requirements of the Association of Chartered Certified Accountants as detailed at

http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume

responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Wealth Invest Limited has kept adequate accounting records and to prepare statutory

financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Wealth Invest

Limited. You consider that Wealth Invest Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Wealth Invest 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 financial statements.

Rickaby & Co

Chartered Certified Accountants

4 Claridge Court

Lower Kings Road

Berkhamsted

Hertfordshire

HP4 2AF

Date: .............................................