Forward Thinking Wealth Mgt Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06413621 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 April 2018

for

Forward Thinking Wealth Management

Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A R Dolman

Mrs M Dolman

REGISTERED OFFICE:

Military House

24 Castle Street

Chester

CH1 2DS

REGISTERED NUMBER:

06413621 (England and Wales)

ACCOUNTANTS:

Pursglove & Brown

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Intangible assets

4

7,000

8,000

CURRENT ASSETS

Debtors

5,000

5,000

Cash at bank

39,972

29,762

44,972

34,762

CREDITORS

Amounts falling due within one year

24,344

12,887

NET CURRENT ASSETS

20,628

21,875

TOTAL ASSETS LESS CURRENT LIABILITIES

27,628

29,875

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

27,626

29,873

SHAREHOLDERS' FUNDS

27,628

29,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2018 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2018 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors on 30 June 2018 and were signed on its behalf by:

A R Dolman - Director

1.	STATUTORY INFORMATION

Forward Thinking Wealth Management Limited is a private company, limited by shares , registered in England

and Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements are presented in sterling which is the functional currency of the company, rounded to

the nearest £1.

Turnover

Turnover represents the total value of fee income earned during the year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2017 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 May 2017

and 30 April 2018

15,000

AMORTISATION

At 1 May 2017

7,000

Amortisation for year

1,000

At 30 April 2018

8,000

NET BOOK VALUE

At 30 April 2018

7,000

At 30 April 2017

8,000

5.	RELATED PARTY DISCLOSURES

During the year, total dividends of £100,750 (2017 - £18,000) were paid to the directors .