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Company Registration No. 06925024 (England and Wales)
Wilmott Turner Financial Services Limited Unaudited accounts for the year ended 30 June 2025
Wilmott Turner Financial Services Limited Unaudited accounts Contents
Page
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Wilmott Turner Financial Services Limited Company Information for the year ended 30 June 2025
Director
James Guy Falla
Company Number
06925024 (England and Wales)
Registered Office
74 Willowbrook Road Southall Middlesex UB2 4RH England
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Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Wilmott Turner Financial Services Limited for the year ended 30 June 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Wilmott Turner Financial Services Limited for the year ended 30 June 2025 as set out on pages 5 - 7 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of Wilmott Turner Financial Services Limited, as a body, in accordance with the terms of our engagement letter dated 5 June 2009. Our work has been undertaken solely to prepare for your approval the accounts of Wilmott Turner Financial Services Limited and state those matters that we have agreed to state to the Board of Directors of Wilmott Turner Financial Services Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Wilmott Turner Financial Services Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Wilmott Turner Financial Services Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Wilmott Turner Financial Services Limited. You consider that Wilmott Turner Financial Services Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Wilmott Turner Financial Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Chartered Certified Accountants 5 September 2025
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Wilmott Turner Financial Services Limited Statement of financial position as at 30 June 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Intangible assets
120,327 
120,327 
Tangible assets
126 
188 
120,453 
120,515 
Current assets
Cash at bank and in hand
7,941 
13,398 
Creditors: amounts falling due within one year
(98,686)
(91,892)
Net current liabilities
(90,745)
(78,494)
Total assets less current liabilities
29,708 
42,021 
Creditors: amounts falling due after more than one year
(4,723)
(8,056)
Net assets
24,985 
33,965 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
24,984 
33,964 
Shareholders' funds
24,985 
33,965 
For the year ending 30 June 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 5 September 2025 and were signed on its behalf by
James Guy Falla Director Company Registration No. 06925024
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Wilmott Turner Financial Services Limited Notes to the Accounts for the year ended 30 June 2025
1
Statutory information
Wilmott Turner Financial Services Limited is a private company, limited by shares, registered in England and Wales, registration number 06925024. The registered office is 74 Willowbrook Road, Southall, Middlesex, UB2 4RH, 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.
Presentation currency
The accounts are presented in £ sterling.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
Computer equipment
33% reduced balance
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Wilmott Turner Financial Services Limited Notes to the Accounts for the year ended 30 June 2025
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 July 2024
120,327 
At 30 June 2025
120,327 
Amortisation
At 1 July 2024
- 
At 30 June 2025
- 
Net book value
At 30 June 2025
120,327 
At 30 June 2024
120,327 
Website licence comprises of costs arising from development of the website software and the directors are of the opinion the value of the website name will not depreciate and therefore no amortisation has been provided
5
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 July 2024
1,890 
At 30 June 2025
1,890 
Depreciation
At 1 July 2024
1,702 
Charge for the year
62 
At 30 June 2025
1,764 
Net book value
At 30 June 2025
126 
At 30 June 2024
188 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
143 
99 
Loans from directors
97,043 
90,293 
Accruals
1,500 
1,500 
98,686 
91,892 
7
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
4,723 
8,056 
8
Average number of employees
During the year the average number of employees was 0 (2024: 0).
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