Paul Downham Wealth Management Ltd - Period Ending 2021-05-31

Paul Downham Wealth Management Ltd - Period Ending 2021-05-31


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Registration number: 08070296

Paul Downham Wealth Management Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2021

 

Paul Downham Wealth Management Ltd

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

2

 

Paul Downham Wealth Management Ltd

Company Information

Director

Mr P Downham

Registered office

7 Laureate Paddocks
Newmarket
Suffolk
CB8 0AP

Accountants

N W Accountancy (NKT) Limited
7 Laureate Paddocks
Newmarket
Suffolk
CB8 0AP

 

Paul Downham Wealth Management Ltd

(Registration number: 08070296)
Balance Sheet as at 31 May 2021

2021
£

2020
£

Fixed assets

13,759

13,448

Current assets

152,138

65,452

Creditors: Amounts falling due within one year

(41,662)

(35,740)

Net current assets

110,476

29,712

Total assets less current liabilities

124,235

43,160

Accruals and deferred income

(1,554)

(1,530)

 

122,681

41,630

Capital and reserves

122,681

41,630

1

General information

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

The address of its registered office is:
7 Laureate Paddocks
Newmarket
Suffolk
CB8 0AP
England

These financial statements were authorised for issue by the director on 22 November 2021.

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'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 3 (2020 - 2).

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 May 2021 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

 

Paul Downham Wealth Management Ltd

(Registration number: 08070296)
Balance Sheet as at 31 May 2021

Approved and authorised by the director on 22 November 2021
 

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

Mr P Downham
Director