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REGISTERED NUMBER: 04039863 (England and Wales)















Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Active Financial Planners Limited

Active Financial Planners Limited (Registered number: 04039863)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Report of the Directors 2

Balance Sheet 3

Notes to the Financial Statements 4


Active Financial Planners Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: Mr K Pemberton
Mr P R Gibson
Mr S G J Bornold



SECRETARIES: Mr P R Gibson
Mrs R Pemberton



REGISTERED OFFICE: Active House 1 Dukes Court
Teesside Industrial Estate
Stockton-On-Tees
TS17 9LR



REGISTERED NUMBER: 04039863 (England and Wales)



ACCOUNTANTS: Milner Smeaton
Chartered Accountants and Chartered Tax Advisers
Viking House
Falcon Court
Preston Farm
Stockton-on-Tees
TS18 3TS



BANKERS: Handelsbanken
Eggleston Court
1 Riverside Park Road
Middlesbrough
TS2 1RU



SOLICITORS: Endeavour Partnership
Teesdale Business Park
St Mark's Court
Stockton-On-Tees
Cleveland
TS17 6QP

Active Financial Planners Limited (Registered number: 04039863)

Report of the Directors
for the Year Ended 31 March 2025

The directors present their report with the financial statements of the company for the year ended 31 March 2025.

REVIEW OF BUSINESS
The 2024/2025 fiscal year once again saw significant growth across all key metrics in the business.

Our growth was propelled by the addition of a further Chartered Financial Planner, significant market, and therefore portfolio growth, and the implementation of a revised client charging structure.

An additional three members of support staff were also recruited during the period, to ensure our exceptional levels of client service were maintained. These additional team members will also allow us to add further Chartered Financial Planners to the team in future periods when available, aligning with the long-term strategic vision of the business.

The 31st March 2025 also saw the retirement of our Non-Executive Director, Gary Lumby, who has supported the business for almost 13 years.

FUTURE DEVELOPMENTS
The 2025/2026 fiscal year is likely to be one of further strategic development, with changes to our shareholder structure due early in the period.

These changes will see the retirement of one Shareholding Director, replaced with a new shareholding investor that will bring significant new opportunities to the table. These will focus on technological developments and operational efficiencies, allowing the business to redefine its long-term ambitions and objectives.

Our commitment to invest in our people continues, several members of the team likely to achieve Chartered status during the period.

This can and will only further enhance our offering; improve client relationships, help empower and retain members of our team and help attract new talent.

DIRECTORS
The directors shown below have held office during the whole of the period from 1 April 2024 to the date of this report.

Mr K Pemberton
Mr P R Gibson

Other changes in directors holding office are as follows:

Mr S G J Bornold was appointed as a director after 31 March 2025 but prior to the date of this report.

Mr G Pemberton and Mr K Nendick ceased to be directors after 31 March 2025 but prior 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:





Mr K Pemberton - Director


16 June 2025

Active Financial Planners Limited (Registered number: 04039863)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 48,857 195,427
Tangible assets 5 202,019 253,903
250,876 449,330

CURRENT ASSETS
Debtors 6 132,190 131,230
Cash at bank 847,943 405,203
980,133 536,433
CREDITORS
Amounts falling due within one year 7 406,025 393,022
NET CURRENT ASSETS 574,108 143,411
TOTAL ASSETS LESS CURRENT
LIABILITIES

824,984

592,741

CREDITORS
Amounts falling due after more than one year 8 (107,193 ) (177,436 )

PROVISIONS FOR LIABILITIES (55,005 ) (52,742 )
NET ASSETS 662,786 362,563

CAPITAL AND RESERVES
Allotted, called up and fully paid share capital 137 137
Share option reserve 1,600 1,600
Retained earnings 661,049 360,826
SHAREHOLDERS' FUNDS 662,786 362,563

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 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 Board of Directors and authorised for issue on 16 June 2025 and were signed on its behalf by:




Mr K Pemberton - Director


Active Financial Planners Limited (Registered number: 04039863)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Active Financial Planners 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 net commissions earned on inception of policies. Credit is taken for fees in the period to which the fee relates.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of four years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance, 25% on cost and in accordance with the property

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Active Financial Planners Limited (Registered number: 04039863)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2024 - 22 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 593,799
AMORTISATION
At 1 April 2024 398,372
Charge for year 146,570
At 31 March 2025 544,942
NET BOOK VALUE
At 31 March 2025 48,857
At 31 March 2024 195,427

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 442,189
DEPRECIATION
At 1 April 2024 188,286
Charge for year 51,884
At 31 March 2025 240,170
NET BOOK VALUE
At 31 March 2025 202,019
At 31 March 2024 253,903

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 205,252
DEPRECIATION
At 1 April 2024 12,561
Charge for year 35,522
At 31 March 2025 48,083
NET BOOK VALUE
At 31 March 2025 157,169
At 31 March 2024 192,691

Active Financial Planners Limited (Registered number: 04039863)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 132,190 131,230

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 21,386 19,845
Trade creditors 1,007 1,196
Taxation and social security 285,608 177,781
Other creditors 98,024 194,200
406,025 393,022

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts 107,193 128,579
Other creditors - 48,857
107,193 177,436

9. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Hire purchase contracts 128,579 148,424

Hire purchase contracts are secured against the assets to which they relate.

10. OTHER FINANCIAL COMMITMENTS

The company had non cancellable operating lease commitments at 31 March 2025 of £173,550 (2024: £225,000)

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company advanced £242,911 to its directors. At 31 March 2025 the company was owed Nil in relation to these advances.