Paul Downham Wealth Management Ltd - Period Ending 2018-05-31

Registration number: 08070296

Paul Downham Wealth Management Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 May 2018

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

Paul Downham Wealth Management Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Financial Statements	2

Paul Downham Wealth Management Ltd

Company Information

Director

Mr Paul John Downham

Registered office

7 Laureate Paddocks Newmarket Suffolk CB8 0AP

Accountants

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

Page 1

Paul Downham Wealth Management Ltd

(Registration number: 08070296)
Balance Sheet as at 31 May 2018

	2018 £	2017 £
Fixed assets	12,720	10,921
Current assets	36,960	61,608
Creditors: Amounts falling due within one year	(16,460)	(49,323)
Net current assets	20,500	12,285
Total assets less current liabilities	33,220	23,206
Provisions for liabilities	-	(1,932)
Accruals and deferred income	(1,170)	(1,020)
	32,050	20,254
Capital and reserves	32,050	20,254

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 29 November 2018.

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 2 (2017 - 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 2018 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

Page 2

Paul Downham Wealth Management Ltd

(Registration number: 08070296)
Balance Sheet as at 31 May 2018

•	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.

Approved and authorised by the director on 29 November 2018
 

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

Mr Paul John Downham
Director

Page 3