2 false false false false false false false false false false true false false true false true true No description of principal activity 2024-04-01 Sage Accounts Production Advanced 2023 - FRS102_2023 128,333 38,500 12,833 51,333 77,000 89,833 140,667 140,667 140,667 xbrli:pure xbrli:shares iso4217:GBP 13298954 2024-04-01 2025-03-31 13298954 2025-03-31 13298954 2024-03-31 13298954 2023-09-30 2024-03-31 13298954 2024-03-31 13298954 2023-09-29 13298954 core:NetGoodwill 2024-04-01 2025-03-31 13298954 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 13298954 bus:OrdinaryShareClass2 2024-04-01 2025-03-31 13298954 bus:Director1 2024-04-01 2025-03-31 13298954 core:NetGoodwill 2024-03-31 13298954 core:NetGoodwill 2025-03-31 13298954 core:WithinOneYear 2025-03-31 13298954 core:WithinOneYear 2024-03-31 13298954 core:AfterOneYear 2025-03-31 13298954 core:AfterOneYear 2024-03-31 13298954 core:ShareCapital 2025-03-31 13298954 core:ShareCapital 2024-03-31 13298954 core:SharePremium 2025-03-31 13298954 core:SharePremium 2024-03-31 13298954 core:CapitalRedemptionReserve 2025-03-31 13298954 core:RetainedEarningsAccumulatedLosses 2025-03-31 13298954 core:RetainedEarningsAccumulatedLosses 2024-03-31 13298954 core:NetGoodwill 2024-03-31 13298954 core:CostValuation core:Non-currentFinancialInstruments 2025-03-31 13298954 core:Non-currentFinancialInstruments 2025-03-31 13298954 core:Non-currentFinancialInstruments 2024-03-31 13298954 bus:SmallEntities 2024-04-01 2025-03-31 13298954 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 13298954 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 13298954 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 13298954 bus:FullAccounts 2024-04-01 2025-03-31 13298954 bus:OrdinaryShareClass1 2025-03-31 13298954 bus:OrdinaryShareClass1 2024-03-31 13298954 bus:OrdinaryShareClass2 2025-03-31 13298954 bus:OrdinaryShareClass2 2024-03-31 13298954 bus:AllOrdinaryShares 2025-03-31 13298954 bus:AllOrdinaryShares 2024-03-31
COMPANY REGISTRATION NUMBER: 13298954

Kind Wealth Holdings Limited

Filleted Unaudited Financial Statements

31 March 2025

Kind Wealth Holdings Limited

Statement of Financial Position

31 March 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Intangible assets | 5 | 77,000 | 89,833
Investments | 6 | 140,667 | 140,667
| --------- | ---------
| 217,667 | 230,500

Current assets

Cash at bank and in hand | 480 | 23,217

Creditors: amounts falling due within one year | 7 | 66,148 | 70,421
| -------- | --------
Net current liabilities | 65,668 | 47,204
| --------- | ---------
Total assets less current liabilities | 151,999 | 183,296

Creditors: amounts falling due after more than one year | 8 | 23,000 | 45,615
| --------- | ---------
Net assets | 128,999 | 137,681
| --------- | ---------

Capital and reserves

Called up share capital | 9 | 69 | 119
Share premium account | 128,314 | 128,314
Capital redemption reserve | 50 | –
Profit and loss account | 566 | 9,248
| --------- | ---------
Shareholders funds | 128,999 | 137,681
| --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Kind Wealth Holdings Limited

Statement of Financial Position (continued)

31 March 2025
These financial statements were approved by the board of directors and authorised for issue on 3 October 2025 , and are signed on behalf of the board by:

Mr D Huntbatch |
Director |

Company registration number: 13298954

Kind Wealth Holdings Limited

Notes to the Financial Statements

Year ended 31 March 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 3 Swallowfield Courtyard, Wolverhampton Road, Oldbury, West Midlands, B69 2JG, United Kingdom.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Disclosure exemptions
The entity satisfies the criteria of being a small entity as defined in FRS102 and section 382 of the Companies Act 2006 and has taken advantage of the disclosure exemptions available under FRS102.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Goodwill
Goodwill arises on business acquisitions and represents the excess of the cost of the acquisition over the company's interest in the net amount of the identifiable assets, liabilities and contingent liabilities of the acquired business.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Goodwill | - | 20% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
Investments
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Intangible assets

| Goodwill
| £
Cost |
At 1 April 2024 and 31 March 2025 | 128,333
| ---------
Amortisation |
At 1 April 2024 | 38,500
Charge for the year | 12,833
| ---------
At 31 March 2025 | 51,333
| ---------
Carrying amount |
At 31 March 2025 | 77,000
| ---------
At 31 March 2024 | 89,833
| ---------

6. Investments

| Shares in group undertakings
| £
Cost |
At 1 April 2024 and 31 March 2025 | 140,667
| ---------
Impairment |
At 1 April 2024 and 31 March 2025 | –
| ---------

Carrying amount |
At 31 March 2025 | 140,667
| ---------
At 31 March 2024 | 140,667
| ---------

At the year end, the company owns 100% of the share capital of Kind Wealth Limited, a company registered in England and Wales.
7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Amounts owed to group undertakings | 27,138 | 40,000
Corporation tax | 112 | 2,138
Director loan accounts | 5,668 | 5,668
Other loans | 12,000 | 12,000
Other creditors | 21,230 | 10,615
| -------- | --------
| 66,148 | 70,421
| -------- | --------

8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Other loans | 23,000 | 35,000
Other creditors | – | 10,615
| -------- | --------
| 23,000 | 45,615
| -------- | --------

9. Called up share capital
Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 0.01 each | 5,000 | 50 | 10,000 | 100
B Ordinary shares of £ 0.01 each | 1,918 | 19 | 1,918 | 19
| ------- | ---- | -------- | ----
| 6,918 | 69 | 11,918 | 119
| ------- | ---- | -------- | ----

10. Related party transactions
During 2023 D Huntbatch and S Huntbatch loaned the company a total of £60,000. In March 2025, the loans were re-assigned to C Huntbatch and at the period end a total of £35,000 (2024 - £47,000) was outstanding.