REGISTERED NUMBER: 04010289 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Murray Round Wealth Management Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

N D Round

D G Round

REGISTERED OFFICE:

2 Claremont Bank

Shrewsbury

Shropshire

SY1 1RW

REGISTERED NUMBER:

04010289 (England and Wales)

ACCOUNTANTS:

WR Partners

Chartered Accountants

Belmont House

Shrewsbury Business Park

Shrewsbury

Shropshire

SY2 6LG

BANKERS:

Barclays Bank Plc

44-46 Castle Street

Shrewsbury

Shropshire

SY1 2BU

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

6,984

9,309

6,984

9,309

CURRENT ASSETS

Debtors

6

9,983

28,237

Cash at bank

128,680

123,735

138,663

151,972

CREDITORS

Amounts falling due within one year

7

118,462

120,782

NET CURRENT ASSETS

20,201

31,190

TOTAL ASSETS LESS CURRENT LIABILITIES

27,185

40,499

CREDITORS

Amounts falling due after more than one year

8

(1,396

)

(9,195

)

PROVISIONS FOR LIABILITIES

(1,413

)

(2,011

)

NET ASSETS

24,376

29,293

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

24,374

29,291

SHAREHOLDERS' FUNDS

24,376

29,293

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 29 August 2025 and were signed on its behalf by:

N D Round - Director

1.	STATUTORY INFORMATION

Murray Round 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

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

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.

Computer software is being amortised evenly over its estimated useful life of three years.

Tangible fixed assets

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

Land and buildings

-

5% on cost

Plant and machinery etc

-

33% on cost and 15% on reducing balance

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

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 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

software

£

COST

At 1 April 2024

and 31 March 2025

1,782

AMORTISATION

At 1 April 2024

and 31 March 2025

1,782

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Fixtures

Long

and

leasehold

fittings

Totals

£

£

£

COST

At 1 April 2024

8,256

47,383

55,639

Additions

-

130

130

At 31 March 2025

8,256

47,513

55,769

DEPRECIATION

At 1 April 2024

7,399

38,931

46,330

Charge for year

411

2,044

2,455

At 31 March 2025

7,810

40,975

48,785

NET BOOK VALUE

At 31 March 2025

446

6,538

6,984

At 31 March 2024

857

8,452

9,309

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,625

20,935

Other debtors

6,358

7,302

9,983

28,237

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

8,380

9,000

Taxation and social security

9,840

12,768

Other creditors

100,242

99,014

118,462

120,782

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

1,396

9,195

9.	RELATED PARTY DISCLOSURES

Included in creditors falling due within one year are amounts totalling £732 (2024 £711) due to the directors of the company, these amounts are repayable on demand. During the year no interest was paid on the balance.