REGISTERED NUMBER: 15010847 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2025

FOR

MICHELLE GERMAIN WEALTH LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M M Germain

REGISTERED OFFICE:

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

REGISTERED NUMBER:

15010847 (England and Wales)

ACCOUNTANTS:

Robsons Accountants

19 Montpelier Avenue

Bexley

Kent

DA5 3AP

FIXED ASSETS

Intangible assets

4

298,599

314,315

Tangible assets

5

281

374

Investments

6

-

-

298,880

314,689

CURRENT ASSETS

Debtors

7

35,971

29,182

Cash at bank

6,889

6,989

42,860

36,171

CREDITORS

Amounts falling due within one year

8

(66,542

)

(68,916

)

NET CURRENT LIABILITIES

(23,682

)

(32,745

)

TOTAL ASSETS LESS CURRENT LIABILITIES

275,198

281,944

CREDITORS

Amounts falling due after more than one year

9

(256,352

)

(281,513

)

NET ASSETS

18,846

431

CAPITAL AND RESERVES

Called up share capital

50

50

Retained earnings

10

18,796

381

18,846

431

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 8 October 2025 and were signed by:

M M Germain - Director

1.	STATUTORY INFORMATION

Michelle Germain Wealth 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of twenty years.

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.

Tangible fixed assets

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any provision for impairment.

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

327,981

AMORTISATION

At 1 August 2024

13,666

Charge for year

15,716

At 31 July 2025

29,382

NET BOOK VALUE

At 31 July 2025

298,599

At 31 July 2024

314,315

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

and 31 July 2025

499

DEPRECIATION

At 1 August 2024

125

Charge for year

93

At 31 July 2025

218

NET BOOK VALUE

At 31 July 2025

281

At 31 July 2024

374

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertaking

£

COST

At 1 August 2024

and 31 July 2025

98

PROVISIONS

At 1 August 2024

and 31 July 2025

98

NET BOOK VALUE

At 31 July 2025

-

At 31 July 2024

-

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

30,552

18,061

Directors' current accounts

5,419

11,121

35,971

29,182

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

22,322

38,419

Tax

42,615

29,520

Social security and other taxes

32

227

Accrued expenses

1,573

750

66,542

68,916

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

20,241

29,022

Bank loans - 2-5 years

236,111

187,054

Other creditors

-

65,437

256,352

281,513

10.

RESERVES

Retained

earnings

£

At 1 August 2024

381

Profit for the year

112,948

Dividends

(94,533

)

At 31 July 2025

18,796

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 31 July 2025 and the period ended 31 July 2024:

2025

2024

£

£

M M Germain

Balance outstanding at start of year

11,121

-

Amounts advanced

5,419

11,121

Amounts repaid

(11,121

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,419

11,121