REGISTERED NUMBER: 07382366 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2018

for

Executive Wealth Management Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Relph

REGISTERED OFFICE:

609 Delta Business Park

Welton Road

Swindon

Wiltshire

SN5 7XF

REGISTERED NUMBER:

07382366 (England and Wales)

ACCOUNTANTS:

David Starbuck

609 Delta Business Park

Welton Road

Swindon

Wiltshire

SN5 7XF

FIXED ASSETS

Tangible assets

4

4,819

2,842

Investments

5

30,000

25,000

34,819

27,842

CURRENT ASSETS

Debtors

3,337

3,485

Cash at bank

23,885

15,846

27,222

19,331

CREDITORS

Amounts falling due within one year

13,422

13,112

NET CURRENT ASSETS

13,800

6,219

TOTAL ASSETS LESS CURRENT LIABILITIES

48,619

34,061

PROVISIONS FOR LIABILITIES

916

-

NET ASSETS

47,703

34,061

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

47,603

33,961

SHAREHOLDERS' FUNDS

47,703

34,061

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

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

The director acknowledges his 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 September 2018 in accordance with Section 444(2A) of the Companies Act 2006.

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

The financial statements were approved by the director on 7 May 2019 and were signed by:

R J Relph - Director

1.	STATUTORY INFORMATION

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

Turnover

Turnover represents commissions receivable and net invoiced sales of services.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the

extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will

be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 October 2017

5,753

Additions

3,583

At 30 September 2018

9,336

DEPRECIATION

At 1 October 2017

2,911

Charge for year

1,606

At 30 September 2018

4,517

NET BOOK VALUE

At 30 September 2018

4,819

At 30 September 2017

2,842

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

2018

2017

£

£

Investment Bond

30,000

25,000