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REGISTERED NUMBER: 10592352 (England and Wales)















Report of the Director and

Financial Statements for the Year Ended 31st January 2025

for

Opulence Money Limited
Trading as
More Financial

Opulence Money Limited (Registered number: 10592352)
Trading as More Financial






Contents of the Financial Statements
for the Year Ended 31st January 2025




Page

Company Information 1

Report of the Director 2

Balance Sheet 3

Notes to the Financial Statements 5


Opulence Money Limited
Trading as More Financial

Company Information
for the Year Ended 31st January 2025







DIRECTOR: D Campbell





REGISTERED OFFICE: 224 Park Road
Peterborough
Lincolnshire
PE1 2UJ





REGISTERED NUMBER: 10592352 (England and Wales)





ACCOUNTANTS: Spriggs & Co Limited
Chartered Certified Accountants
300 High Road
Whaplode
Spalding
Lincolnshire
PE12 6TG

Opulence Money Limited (Registered number: 10592352)
Trading as More Financial

Report of the Director
for the Year Ended 31st January 2025

The director presents his report with the financial statements of the company for the year ended 31st January 2025.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of mortgage consultancy services.

DIRECTOR
D Campbell held office during the whole of the period from 1st February 2024 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





D Campbell - Director


7th April 2025

Opulence Money Limited (Registered number: 10592352)
Trading as More Financial

Balance Sheet
31st January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,042 12,214

CURRENT ASSETS
Debtors 5 586 -
Investments 6 11,254 11,254
Cash at bank 62,618 24,162
74,458 35,416
CREDITORS
Amounts falling due within one year 7 23,551 15,696
NET CURRENT ASSETS 50,907 19,720
TOTAL ASSETS LESS CURRENT
LIABILITIES

69,949

31,934

CREDITORS
Amounts falling due after more than
one year

8

-

(4,120

)

PROVISIONS FOR LIABILITIES (2,734 ) (2,321 )
NET ASSETS 67,215 25,493

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 67,115 25,393
SHAREHOLDERS' FUNDS 67,215 25,493

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 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.

Opulence Money Limited (Registered number: 10592352)
Trading as More Financial

Balance Sheet - continued
31st January 2025


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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 and authorised for issue on 7th April 2025 and were signed by:





D Campbell - Director


Opulence Money Limited (Registered number: 10592352)
Trading as More Financial

Notes to the Financial Statements
for the Year Ended 31st January 2025

1. STATUTORY INFORMATION

Opulence Money 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

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 6 (2024 - 3 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st February 2024 19,967
Additions 10,188
At 31st January 2025 30,155
DEPRECIATION
At 1st February 2024 7,753
Charge for year 3,360
At 31st January 2025 11,113
NET BOOK VALUE
At 31st January 2025 19,042
At 31st January 2024 12,214

Opulence Money Limited (Registered number: 10592352)
Trading as More Financial

Notes to the Financial Statements - continued
for the Year Ended 31st January 2025

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Other debtors 586 -

6. CURRENT ASSET INVESTMENTS
31.1.25 31.1.24
£    £   
Unlisted investments 11,254 11,254

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts 4,490 5,000
Taxation and social security 8,617 3,499
Other creditors 10,444 7,197
23,551 15,696

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans - 4,120