REGISTERED NUMBER: 13743975 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

CWM WEALTH MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B A Collins

Mrs S L Collins

REGISTERED OFFICE:

Birch House,

Ransom Wood Business Park

Southwell Road West

Rainworth

Nottinghamshire

NG21 0HJ

REGISTERED NUMBER:

13743975 (England and Wales)

ACCOUNTANTS:

Beeley Hawley & Co. Ltd

Chartered Accountants

42-44 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BL

FIXED ASSETS

Intangible assets

4

2,377,202

2,517,302

Tangible assets

5

47,463

7,309

2,424,665

2,524,611

CURRENT ASSETS

Debtors

6

132,438

128,228

Cash at bank and in hand

285,181

167,233

417,619

295,461

CREDITORS

Amounts falling due within one year

7

316,470

264,892

NET CURRENT ASSETS

101,149

30,569

TOTAL ASSETS LESS CURRENT LIABILITIES

2,525,814

2,555,180

CREDITORS

Amounts falling due after more than one year

8

(965,242

)

(1,118,567

)

PROVISIONS FOR LIABILITIES

(10,957

)

-

NET ASSETS

1,549,615

1,436,613

CAPITAL AND RESERVES

Called up share capital

200

200

Share premium

1,376,362

1,376,362

Retained earnings

173,053

60,051

1,549,615

1,436,613

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 23 August 2025 and were signed on its behalf by:

B A Collins - Director

1.	STATUTORY INFORMATION

CWM 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, 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.

Plant and machinery etc

-

25% on cost and Straight line over life of lease

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.

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 12 (2024 - 11 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

2,802,005

AMORTISATION

At 1 April 2024

284,703

Charge for year

140,100

At 31 March 2025

424,803

NET BOOK VALUE

At 31 March 2025

2,377,202

At 31 March 2024

2,517,302

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

10,065

Additions

44,681

At 31 March 2025

54,746

DEPRECIATION

At 1 April 2024

2,756

Charge for year

4,527

At 31 March 2025

7,283

NET BOOK VALUE

At 31 March 2025

47,463

At 31 March 2024

7,309

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

109,297

106,722

Other debtors

23,141

21,506

132,438

128,228

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

153,368

153,443

Trade creditors

10,042

1,648

Tax

100,646

61,734

Social security and other taxes

8,443

4,917

Other creditors

31,876

27,150

Accrued expenses

12,095

16,000

316,470

264,892

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 2-5 years

613,474

613,771

Other loans due in more than five years, payable in instalments

293,509

446,537

Other creditors due after more than five years, not payable in instalments

58,259

58,259

965,242

1,118,567

Amounts falling due in more than five years:

Repayable by instalments

Other loans due in more than five years, payable in instalments

293,509

446,537

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2025

2024

£

£

Within one year

34,342

11,312

Between one and five years

121,182

4,542

155,524

15,854

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

B A Collins and Mrs S L Collins

Balance outstanding at start of year

21,506

(19

)

Amounts advanced

2,120

88,192

Amounts repaid

(21,541

)

(66,667

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,085

21,506

Mr B Collins has provided a personal guarantee against debt financing issued to the company.