| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| FOR |
| WEST RIDING PERSONAL FINANCIAL SOLUTIONS |
| LIMITED |
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| FOR |
| WEST RIDING PERSONAL FINANCIAL SOLUTIONS |
| LIMITED |
| WEST RIDING PERSONAL FINANCIAL SOLUTIONS |
| LIMITED (REGISTERED NUMBER: 05142989) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| Page |
| Company information | 1 |
| Balance sheet | 2 |
| Notes to the financial statements | 4 |
| WEST RIDING PERSONAL FINANCIAL SOLUTIONS |
| LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Unit 7, Courtyard 31 |
| Pontefract Road |
| Normanton |
| WF6 1JU |
| WEST RIDING PERSONAL FINANCIAL SOLUTIONS |
| LIMITED (REGISTERED NUMBER: 05142989) |
| BALANCE SHEET |
| 30TH JUNE 2025 |
| 30/6/25 | 30/6/24 |
| Notes | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| Investment property | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 | ( |
) | ( |
) |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Fair value reserve | 9 |
| Retained earnings |
| 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. |
| WEST RIDING PERSONAL FINANCIAL SOLUTIONS |
| LIMITED (REGISTERED NUMBER: 05142989) |
| BALANCE SHEET - continued |
| 30TH JUNE 2025 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| WEST RIDING PERSONAL FINANCIAL SOLUTIONS |
| LIMITED (REGISTERED NUMBER: 05142989) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| 1. | STATUTORY INFORMATION |
| West Riding Personal Financial Solutions Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 represents commissions and fees receivable. |
| Commission is recognised on the settlement date of the underlying transaction. Where relevant, provision for the repayment of indemnity commission in the event that a policy may lapse is made in the financial statements. |
| Fees are recognised as amounts become chargeable to clients for services provided during the year including recoverable expenses. |
| Tangible fixed assets |
| Plant and machinery etc | - |
| Investment property |
| Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss. |
| 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. |
| WEST RIDING PERSONAL FINANCIAL SOLUTIONS |
| LIMITED (REGISTERED NUMBER: 05142989) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| Hire purchase and leasing commitments |
| 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. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and |
| machinery |
| etc |
| £ |
| COST |
| At 1st July 2024 |
| Additions |
| At 30th June 2025 |
| DEPRECIATION |
| At 1st July 2024 |
| Charge for year |
| At 30th June 2025 |
| NET BOOK VALUE |
| At 30th June 2025 |
| At 30th June 2024 |
| 5. | INVESTMENT PROPERTY |
| Total |
| £ |
| FAIR VALUE |
| At 1st July 2024 |
| Revaluations | 18,945 |
| At 30th June 2025 |
| NET BOOK VALUE |
| At 30th June 2025 |
| At 30th June 2024 |
| Investment property was valued on an open market basis on 30th June 2025 by the directors. |
| WEST RIDING PERSONAL FINANCIAL SOLUTIONS |
| LIMITED (REGISTERED NUMBER: 05142989) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 30TH JUNE 2025 |
| 5. | INVESTMENT PROPERTY - continued |
| Fair value at 30th June 2025 is represented by: |
| £ |
| Valuation in 2025 | 18,945 |
| Cost | 166,055 |
| 185,000 |
| Investment property was valued on an open market basis on 30th June 2025 by the directors . |
| 6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/6/25 | 30/6/24 |
| £ | £ |
| Other debtors |
| 7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 30/6/25 | 30/6/24 |
| £ | £ |
| Taxation and social security |
| Other creditors |
| 8. | LEASING AGREEMENTS |
| Minimum lease payments under non-cancellable operating leases fall due as follows: |
| 30/6/25 | 30/6/24 |
| £ | £ |
| Within one year |
| 9. | RESERVES |
| Fair |
| value |
| reserve |
| £ |
| Fair value adjustment | 14,209 |
| At 30th June 2025 |
| 10. | RELATED PARTY DISCLOSURES |
| Included in creditors is an amount of £42,805 (2024 £8,144) due to the directors of the company. No interest is being charged in respect of this amount, and there are no fixed terms for repayment. |