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Company Registration No. 11812117 (England and Wales)
Willcox Wealth Management Ltd Unaudited accounts for the year ended 31 March 2025
Willcox Wealth Management Ltd Unaudited accounts Contents
Page
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Willcox Wealth Management Ltd Company Information for the year ended 31 March 2025
Director
Joseph Willcox
Company Number
11812117 (England and Wales)
Registered Office
C/O REDBOX ACCOUNTANCY LIMITED New Mead Barn, Wickham Hall BISHOP'S STORTFORD HERTFORDSHIRE CM23 1JG ENGLAND
Accountants
Redbox Accountancy Limited New Mead Barn Wickham Hall, Hadham Road Bishop's Stortford Hertfordshire CM23 1JG
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Willcox Wealth Management Ltd Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
352,055 
418,494 
Tangible assets
13,196 
17,595 
365,251 
436,089 
Current assets
Debtors
47,833 
- 
Cash at bank and in hand
93,120 
80,936 
140,953 
80,936 
Creditors: amounts falling due within one year
(72,685)
(44,920)
Net current assets
68,268 
36,016 
Total assets less current liabilities
433,519 
472,105 
Creditors: amounts falling due after more than one year
(267,705)
(344,109)
Net assets
165,814 
127,996 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
165,812 
127,994 
Shareholders' funds
165,814 
127,996 
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 29 April 2025 and were signed on its behalf by
Joseph Willcox Director Company Registration No. 11812117
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Willcox Wealth Management Ltd Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Willcox Wealth Management Ltd is a private company, limited by shares, registered in England and Wales, registration number 11812117. The registered office is C/O REDBOX ACCOUNTANCY LIMITED, New Mead Barn, Wickham Hall, BISHOP'S STORTFORD, HERTFORDSHIRE, CM23 1JG, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost. These are being amortised on a straight line basis over 10 years.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% on reducing balance basis
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Willcox Wealth Management Ltd Notes to the Accounts for the year ended 31 March 2025
4
Intangible fixed assets
Other 
£ 
Cost
At 1 April 2024
586,770 
Additions
39,017 
Disposals
(47,641)
At 31 March 2025
578,146 
Amortisation
At 1 April 2024
168,276 
Charge for the year
57,815 
At 31 March 2025
226,091 
Net book value
At 31 March 2025
352,055 
At 31 March 2024
418,494 
5
Tangible fixed assets
Motor vehicles 
£ 
Cost or valuation
At cost 
At 1 April 2024
31,279 
At 31 March 2025
31,279 
Depreciation
At 1 April 2024
13,684 
Charge for the year
4,399 
At 31 March 2025
18,083 
Net book value
At 31 March 2025
13,196 
At 31 March 2024
17,595 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
32,157 
- 
Other debtors
15,676 
- 
47,833 
- 
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Willcox Wealth Management Ltd Notes to the Accounts for the year ended 31 March 2025
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Taxes and social security
62,525 
39,726 
Other creditors
9,724 
1,965 
Loans from directors
436 
191 
Accruals
- 
96 
Deferred income
- 
2,942 
72,685 
44,920 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
267,705 
344,109 
9
Average number of employees
During the year the average number of employees was 4 (2024: 3).
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