Company registration number:
09629999
East Point Wealth Management Ltd
Unaudited filleted financial statements
31 March 2022
East Point Wealth Management Ltd
Contents
Directors and other information
Statement of financial position and notes to the financial statements
East Point Wealth Management Ltd
Directors and other information
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Directors
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Mr Lee Simpson
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Mrs Shannon Nautilus-Simpson
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Company number
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09629999
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Registered office
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Gentry House
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4 Tilia Court, Worlingham
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Beccles
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Suffolk
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NR34 7BF
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Accountants
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I Watson & Co Ltd
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Cuckolds Green
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Wrentham
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Beccles
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Suffolk
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NR33 7NB
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East Point Wealth Management Ltd
Statement of financial position
31 March 2022
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2022
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2021
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£
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£
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£
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£
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Fixed assets
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179,983
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221,984
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_______
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_______
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Current assets
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48,596
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48,583
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Prepayments and accrued income
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597
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623
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_______
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_______
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49,193
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49,206
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Creditors: amounts falling due within one year
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(
82,072)
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(
90,590)
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_______
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_______
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Net current liabilities
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(
32,879)
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(
41,384)
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_______
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_______
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Total assets less current liabilities
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147,104
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180,600
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Creditors: amounts falling due after more than one year
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(
134,865)
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(
175,967)
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Accruals and deferred income
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(
1,535)
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(
1,405)
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_______
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_______
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Net assets
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10,704
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3,228
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_______
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_______
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Capital and reserves
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10,704
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3,228
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_______
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Notes to the financial statements
East Point Wealth Management Ltd
Year ended 31 March 2022
1.
Employee numbers
The average number of persons employed by the company during the year amounted to
3
(2021:
3
).
2.
Directors advances, credits and guarantees
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During the year the directors entered into the following advances and credits with the company:
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2022
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Balance brought forward
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Advances /(credits) to the directors
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Amounts repaid
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Balance o/standing
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£
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£
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£
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£
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Mr Lee Simpson
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(
12,872)
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47,373
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(
39,700)
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(
5,199)
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Mrs Shannon Nautilus-Simpson
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(
12,871)
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47,373
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(
39,700)
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(
5,198)
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_______
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_______
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_______
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_______
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(
25,743)
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94,746
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(
79,400)
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(
10,397)
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_______
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_______
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_______
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2021
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Balance brought forward
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Advances /(credits) to the directors
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Amounts repaid
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Balance o/standing
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£
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£
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£
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£
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Mr Lee Simpson
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(
5,072)
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24,200
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(
32,000)
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(
12,872)
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Mrs Shannon Nautilus-Simpson
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(
5,071)
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24,200
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(
32,000)
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(
12,871)
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_______
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_______
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_______
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(
10,143)
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48,400
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(
64,000)
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(
25,743)
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_______
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_______
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_______
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Advances and credits relate mainly to dividends. These are short term in nature and no interest is charged.
For the year ending 31 March 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
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The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
08 December 2022
, and are signed on behalf of the board by:
Mr Lee Simpson
Director
Company registration number:
09629999
The company is a private company limited by shares, registered in England and Wales.