Abbreviated Company Accounts - WEALTH MANAGEMENT (LONDON) LTD

Abbreviated Company Accounts - WEALTH MANAGEMENT (LONDON) LTD

WEALTH MANAGEMENT (LONDON) LTD - Company Information

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Registered Number 05454630

WEALTH MANAGEMENT (LONDON) LTD

Abbreviated Accounts

31 May 2015

WEALTH MANAGEMENT (LONDON) LTD Registered Number 05454630

Abbreviated Balance Sheet as at 31 May 2015

Notes 2015 2014
£ £
Fixed assets
Tangible assets 2 328,897 328,897
Investments 3 16,304 16,304
345,201 345,201
Current assets
Debtors 394,508 391,457
Cash at bank and in hand 5,482 11,702
399,990 403,159
Creditors: amounts falling due within one year (45,070) (41,351)
Net current assets (liabilities) 354,920 361,808
Total assets less current liabilities 700,121 707,009
Creditors: amounts falling due after more than one year (737,453) (737,453)
Total net assets (liabilities) (37,332) (30,444)
Capital and reserves
Called up share capital 1 1
Profit and loss account (37,333) (30,445)
Shareholders' funds (37,332) (30,444)
  • For the year ending 31 May 2015 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 in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 February 2016

And signed on their behalf by:
Mr. Petro Streltsyn, Director

WEALTH MANAGEMENT (LONDON) LTD Registered Number 05454630

Notes to the Abbreviated Accounts for the period ended 31 May 2015

1Accounting Policies

Basis of measurement and preparation of accounts
The accounts have been prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities effective April 2008.

Turnover policy
Turnover represents amounts receivable for goods and services net of VAT. Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rates of exchange prevailing at the date of the balance sheet.

2Tangible fixed assets
£
Cost
At 1 June 2014 328,897
Additions -
Disposals -
Revaluations -
Transfers -
At 31 May 2015 328,897
Depreciation
At 1 June 2014 -
Charge for the year -
On disposals -
At 31 May 2015 -
Net book values
At 31 May 2015 328,897
At 31 May 2014 328,897

3Fixed assets Investments
The Company holds 75% Ordinary Shares of the Vita Consulting GmbH Germany.