Accounts filed on 30-06-2021

Accounts filed on 30-06-2021

HAMNETT WEALTH MANAGEMENT LIMITED - Company Information

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Registered number: 05686311
HAMNETT WEALTH MANAGEMENT LIMITED
ACCOUNTS
FOR THE YEAR ENDED 30/06/2021
Prepared By:
AHMTAX Limited
25 Broadlands
Rotherham
S66 1WD
HAMNETT WEALTH MANAGEMENT LIMITED
ACCOUNTS
FOR THE YEAR ENDED 30/06/2021
DIRECTORS
J M D Rowley
P Smith
REGISTERED OFFICE
160 Baslow Road
Totley
Sheffield
S17 4DR
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 05686311
ACCOUNTANTS
AHMTAX Limited
25 Broadlands
Rotherham
S66 1WD
HAMNETT WEALTH MANAGEMENT LIMITED
ACCOUNTS
FOR THEYEARENDED30/06/2021
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
HAMNETT WEALTH MANAGEMENT LIMITED
BALANCE SHEET AT 30/06/2021
20212020
Notes££
FIXED ASSETS
Tangible assets430,42414,611
CURRENT ASSETS
Debtors576,11866,390
Current Asset Investments695,00095,000
Cash at bank and in hand367,053284,623
538,171446,013
CREDITORS: Amounts falling due within one year7164,320160,700
NET CURRENT ASSETS373,851285,313
TOTAL ASSETS LESS CURRENT LIABILITIES404,275299,924
CAPITAL AND RESERVES
Called up share capital81,1001,100
Profit and loss account403,175298,824
SHAREHOLDERS' FUNDS404,275299,924
For the year ending 30/06/2021 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act 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 directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 21/09/2021 and signed on their behalf by
.............................
J M D Rowley
Director
HAMNETT WEALTH MANAGEMENT LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2021
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Fixtures and Fittings 15%
1c. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.
2. EMPLOYEES
20212020
No.No.
Average number of employees76
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/07/2020765,197765,197
At 30/06/2021765,197765,197
Depreciation
At 01/07/2020765,197765,197
At 30/06/2021765,197765,197
Net Book Amounts
At 30/06/2021--
HAMNETT WEALTH MANAGEMENT LIMITED
4. TANGIBLE FIXED ASSETS
Fixtures
and FittingsTotal
££
Cost
At 01/07/2020107,374107,374
Additions21,18221,182
At 30/06/2021128,556128,556
Depreciation
At 01/07/202092,76392,763
For the year5,3695,369
At 30/06/202198,13298,132
Net Book Amounts
At 30/06/202130,42430,424
At 30/06/202014,61114,611
5. DEBTORS 20212020
££
Amounts falling due within one year
Trade debtors37,61532,850
Prepayments38,50333,540
76,11866,390
6. CURRENT ASSET INVESTMENTS
20212020
££
Other investments95,00095,000
95,00095,000
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20212020
££
UK corporation tax128,710108,557
PAYE control6,4771,975
Directors current account7,1912,212
Trade creditors17,69317,589
Pension schemes266-
Accruals3,98330,367
164,320160,700
HAMNETT WEALTH MANAGEMENT LIMITED
8. SHARE CAPITAL 20212020
££
Allotted, issued and fully paid:
1000 Ordinary shares of £1 each10001000
100 Class B shares of £1 each100100
1,1001,100