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REGISTERED NUMBER: 05142989 (England and Wales)















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: N F Liversidge
Mrs L M Liversidge
Mrs T R Turton





SECRETARY: Mrs L M Liversidge





REGISTERED OFFICE: West Riding House
6-8 Commercial Street
Castleford
West Yorkshire
WF10 1DG





REGISTERED NUMBER: 05142989 (England and Wales)





ACCOUNTANTS: Smith Turner Chartered 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 6,847 4,225
Investment property 5 185,000 166,055
191,847 170,280

CURRENT ASSETS
Debtors 6 94,521 2,115
Cash at bank 258,463 192,377
352,984 194,492
CREDITORS
Amounts falling due within one year 7 (141,064 ) (67,237 )
NET CURRENT ASSETS 211,920 127,255
TOTAL ASSETS LESS CURRENT
LIABILITIES

403,767

297,535

PROVISIONS FOR LIABILITIES (5,509 ) (947 )
NET ASSETS 398,258 296,588

CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Fair value reserve 9 14,209 -
Retained earnings 383,049 295,588
398,258 296,588

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 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.

WEST RIDING PERSONAL FINANCIAL SOLUTIONS
LIMITED (REGISTERED NUMBER: 05142989)

BALANCE SHEET - continued
30TH JUNE 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 Board of Directors and authorised for issue on 28th July 2025 and were signed on its behalf by:





N F Liversidge - Director


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 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 as modified by the revaluation of certain assets.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

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 9 (2024 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2024 43,722
Additions 4,696
At 30th June 2025 48,418
DEPRECIATION
At 1st July 2024 39,497
Charge for year 2,074
At 30th June 2025 41,571
NET BOOK VALUE
At 30th June 2025 6,847
At 30th June 2024 4,225

5. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1st July 2024 166,055
Revaluations 18,945
At 30th June 2025 185,000
NET BOOK VALUE
At 30th June 2025 185,000
At 30th June 2024 166,055

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 94,521 2,115

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/6/25 30/6/24
£    £   
Taxation and social security 62,338 19,179
Other creditors 78,726 48,058
141,064 67,237

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
30/6/25 30/6/24
£    £   
Within one year 15,400 15,400

9. RESERVES
Fair
value
reserve
£   
Fair value adjustment 14,209

At 30th June 2025 14,209

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.