REGISTERED NUMBER: 12971907 (England and Wales)

Unaudited Financial Statements for the Year Ended 28 February 2025

for

Bromley Wealth Management Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R Bromley

Mr C F Bromley

REGISTERED OFFICE:

Appleby House

York Road

Cliffe

Selby

YO8 6NU

REGISTERED NUMBER:

12971907 (England and Wales)

ACCOUNTANTS:

Beacon Accountants Ltd

Fairway View

24 Gus Walker Drive

Pocklington

York

YO42 2WA

FIXED ASSETS

Tangible assets

4

48,622

3,048

Investments

5

40,000

50,000

88,622

53,048

CURRENT ASSETS

Debtors

6

833

285

Prepayments and accrued income

-

11,375

Cash at bank

26,190

38,168

27,023

49,828

CREDITORS

Amounts falling due within one year

7

21,637

20,832

NET CURRENT ASSETS

5,386

28,996

TOTAL ASSETS LESS CURRENT LIABILITIES

94,008

82,044

CREDITORS

Amounts falling due after more than one year

8

(32,265

)

-

PROVISIONS FOR LIABILITIES

(1,204

)

(612

)

NET ASSETS

60,539

81,432

CAPITAL AND RESERVES

Called up share capital

3

3

Retained earnings

60,536

81,429

60,539

81,432

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 25 September 2025 and were signed on its behalf by:

Mrs R Bromley - Director

Mr C F Bromley - Director

1.	STATUTORY INFORMATION

Bromley 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.

Plant and machinery etc

-

33% 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 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.

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 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 29 February 2024

4,672

Additions

53,999

At 28 February 2025

58,671

DEPRECIATION

At 29 February 2024

1,624

Charge for year

8,425

At 28 February 2025

10,049

NET BOOK VALUE

At 28 February 2025

48,622

At 28 February 2024

3,048

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 29 February 2024

50,000

Additions

40,000

Disposals

(50,000

)

At 28 February 2025

40,000

NET BOOK VALUE

At 28 February 2025

40,000

At 28 February 2024

50,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

28.2.24

£

£

Other debtors

833

285

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.2.25

28.2.24

£

£

Hire purchase contracts

4,697

-

Taxation and social security

15,046

16,848

Other creditors

1,894

3,984

21,637

20,832

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.2.25

28.2.24

£

£

Hire purchase contracts

32,265

-