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REGISTERED NUMBER: 11113339 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 December 2024

for

Layfield Wealth Management Ltd

Layfield Wealth Management Ltd (Registered number: 11113339)

Contents of the Financial Statements

for the Year Ended 30 December 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Report of the Accountants | 6 |

Layfield Wealth Management Ltd

Company Information

for the Year Ended 30 December 2024

| DIRECTOR: | D I Harrington

| REGISTERED OFFICE: | 7 Layfield Road

| Gosforth

| Newcastle Upon Tyne

| Tyne and Wear

| NE3 5AA

| REGISTERED NUMBER: | 11113339 (England and Wales)

| ACCOUNTANTS: | Cheryl Bostock & Company Accountants Limited

| 395-397 Woodchurch Road

| Prenton

| Birkenhead

| Merseyside

Layfield Wealth Management Ltd (Registered number: 11113339)

Balance Sheet

30 December 2024

| 30.12.24 | 30.12.23 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | - |  | 217 |  |

CURRENT ASSETS

Debtors | 5 | 1,254 |  | 4,021 |  |

Cash at bank | 424 |  | 2,021 |  |

1,678 |  | 6,042 |  |

CREDITORS

Amounts falling due within one year | 6 | 5,812 |  | 7,339 |  |

NET CURRENT LIABILITIES | (4,134 | ) | (1,297 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | (4,134 | ) | (1,080 | ) |

CAPITAL AND RESERVES

Called up share capital | 7 | 300 |  | 300 |  |

Retained earnings | (4,434 | ) | (1,380 | ) |

SHAREHOLDERS' FUNDS | (4,134 | ) | (1,080 | ) |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 10 September 2025 and were signed by:

D I Harrington - Director

Layfield Wealth Management Ltd (Registered number: 11113339)

Notes to the Financial Statements

for the Year Ended 30 December 2024

1. | STATUTORY INFORMATION

| Layfield Wealth Management Ltd 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Computer equipment | - | 25% on cost

| 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.

| Going concern

| The financial statements have been prepared on a going concern basis, the validity of which depends upon future profitable trading and the support of the director. Should the company be unable to continue trading, adjustments would be necessary to reduce the value of assets to their recoverable amount, to provide for further liabilities which might arise and to reclassify fixed assets as current assets.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2023 - NIL).

Layfield Wealth Management Ltd (Registered number: 11113339)

Notes to the Financial Statements - continued

for the Year Ended 30 December 2024

4. | TANGIBLE FIXED ASSETS

| Computer

| equipment

£ |

| COST

| At 31 December 2023

| and 30 December 2024 | 4,241 |  |

| DEPRECIATION

| At 31 December 2023 | 4,024 |  |

| Charge for year | 217 |  |

| At 30 December 2024 | 4,241 |  |

| NET BOOK VALUE

| At 30 December 2024 | - |  |

| At 30 December 2023 | 217 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.12.24 |  | 30.12.23

£ | £ |

| Other debtors | 981 |  | 981 |  |

| Directors' current accounts | - |  | 2,906 |  |

| Prepayments | 273 |  | 134 |  |

1,254 |  | 4,021 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 30.12.24 |  | 30.12.23

£ | £ |

| Tax | 980 |  | 6,533 |  |

| Directors' current accounts | 3,049 |  | - |  |

| Accrued expenses | 1,783 |  | 806 |  |

5,812 |  | 7,339 |  |

7. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.12.24 |  | 30.12.23

| value: | £ | £ |

| 100 | Ordinary A | 1 | 100 |  | 100 |  |

| 100 | Ordinary B | 1 | 100 |  | 100 |  |

| 100 | Ordinary C | 1 | 100 |  | 100 |  |

300 |  | 300 |  |

Layfield Wealth Management Ltd (Registered number: 11113339)

Notes to the Financial Statements - continued

for the Year Ended 30 December 2024

8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the year ended 30 December 2024 and the period ended 30 December 2023:

| 30.12.24 |  | 30.12.23

£ | £ |

| D I Harrington

| Balance outstanding at start of year | 2,906 |  | 3,420 |  |

| Amounts advanced | 11,419 |  | 47,769 |  |

| Amounts repaid | (17,375 | ) | (48,283 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (3,050 | ) | 2,906 |  |

Layfield Wealth Management Ltd

Report of the Accountants to the Director of

Layfield Wealth Management Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 December 2024 set out on pages two to eight and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Cheryl Bostock & Company Accountants Limited

395-397 Woodchurch Road

Prenton

Birkenhead

Merseyside

10 September 2025