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REGISTERED NUMBER: OC380752 (England and Wales)

Ford Wealth Management LLP

Report of the Members and

Financial Statements for the Year Ended 31 March 2025

Ford Wealth Management LLP (Registered number: OC380752)

Contents of the Financial Statements

for the Year Ended 31 March 2025

Page |

General Information | 1 |

Report of the Members | 2 |

Income Statement | 3 |

Other Comprehensive Income | 4 |

Abridged Statement of Financial Position | 5 |

Notes to the Financial Statements | 7 |

Ford Wealth Management LLP

General Information

for the Year Ended 31 March 2025

| DESIGNATED MEMBERS: | D T Ford

| Mrs A Ford

| REGISTERED OFFICE: | 4 King Square

| Bridgwater

| Somerset

| TA6 3YF

| REGISTERED NUMBER: | OC380752 (England and Wales)

| ACCOUNTANTS: | Maxwells

| Chartered Accountants

| 4 King Square

| Bridgwater

| Somerset

| TA6 3YF

| BANKERS: | National Westminster Bank plc

| Western Avenue

| Waterside Court

| Chatham

| Kent

| ME4 4RT

Ford Wealth Management LLP (Registered number: OC380752)

Report of the Members

for the Year Ended 31 March 2025

The members present their report with the financial statements of the LLP for the year ended 31 March 2025.

PRINCIPAL ACTIVITY

The principal activity of the LLP in the year under review was that of financial advisory and planning.

DESIGNATED MEMBERS

The designated members during the year under review were:

D T Ford

Mrs A Ford

RESULTS FOR THE YEAR AND ALLOCATION TO MEMBERS

The profit for the year before members' remuneration and profit shares was £483,477 (2024 - £392,292 profit).

MEMBERS' INTERESTS

The members drawings policy allows each member to be paid on account of his share of profits on such a day determined by the designated members. If any member withdraws funds in excess of his profit share for an accounting year, that member shall repay the excess drawings to the LLP immediately together with interest. All payments are made subject to the cash requirements of the business.

ON BEHALF OF THE MEMBERS:

D T Ford - Designated member

28 July 2025

Ford Wealth Management LLP (Registered number: OC380752)

Income Statement

for the Year Ended 31 March 2025

| 31.3.25 |  | 31.3.24

£ | £ |

TURNOVER | 447,582 |  | 456,858 |  |

Cost of sales | - |  | 500 |  |

GROSS PROFIT | 447,582 |  | 456,358 |  |

Administrative expenses | (15,003 | ) | 78,234 |  |

462,585 |  | 378,124 |  |

Other operating income | 20,892 |  | 14,168 |  |

OPERATING PROFIT and |

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS | 483,477 |  | 392,292 |  |

Ford Wealth Management LLP (Registered number: OC380752)

Other Comprehensive Income

for the Year Ended 31 March 2025

| 31.3.25 |  | 31.3.24

| Notes | £ | £ |

PROFIT FOR THE FINANCIAL YEAR BEFORE MEMBERS' REMUNERATION AND PROFIT SHARES AVAILABLE FOR DISCRETIONARY DIVISION AMONG MEMBERS | 483,477 |  | 392,292 |  |

OTHER COMPREHENSIVE INCOME | - |  | - |  |

TOTAL COMPREHENSIVE INCOME FOR THE YEAR | 483,477 |  | 392,292 |  |

Ford Wealth Management LLP (Registered number: OC380752)

Abridged Statement of Financial Position

31 March 2025

| 31.3.25 | 31.3.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 8,531 |  | 24,829 |  |

Tangible assets | 5 | 7,036 |  | 10,031 |  |

15,567 |  | 34,860 |  |

CURRENT ASSETS

Debtors: amounts falling due within one year | 44,192 |  | 50,313 |  |

Cash at bank | 3,258 |  | 2,871 |  |

47,450 |  | 53,184 |  |

CREDITORS

Amounts falling due within one year | 3,840 |  | 3,600 |  |

NET CURRENT ASSETS | 43,610 |  | 49,584 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES

and

NET ASSETS ATTRIBUTABLE TO MEMBERS | 59,177 |  | 84,444 |  |

PROVISIONS FOR LIABILITIES | 10,500 |  | 10,500 |  |

LOANS AND OTHER DEBTS DUE TO MEMBERS | 6 | 48,677 |  | 73,944 |  |

TOTAL MEMBERS' INTERESTS

Loans and other debts due to members | 6 | 48,677 |  | 73,944 |  |

The LLP is entitled to exemption from audit under Section 477 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 for the year ended 31 March 2025.

The members acknowledge their responsibilities for:

(a) | ensuring that the LLP keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the LLP 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 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008 relating to financial statements, so far as applicable to the LLP.

Ford Wealth Management LLP (Registered number: OC380752)

Abridged Statement of Financial Position - continued

31 March 2025

The financial statements have been prepared in accordance with the provisions applicable to LLPs subject to the small LLPs regime.

All the members have consented to the preparation of an abridged Statement of Financial Position for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006 as applied to LLPs by the Limited Liability Partnerships (Accounts and Audit) (Application of Companies Act 2006) Regulations 2008.

The financial statements were approved by the members of the LLP and authorised for issue on 28 July 2025 and were signed by:

D T Ford - Designated member

Mrs A Ford - Designated member

Ford Wealth Management LLP (Registered number: OC380752)

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| Ford Wealth Management LLP is registered in England and Wales. The LLP's registered number and registered office address can be found on the General 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 requirements of the Statement of Recommended Practice, Accounting by Limited Liability Partnerships. 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.

| 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.

| Client portfolios are being amortised evenly over their estimated useful life of ten 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 | - | 33% on reducing balance

| Plant and machinery etc | - | 25% on reducing balance and 15% on reducing balance

3. | EMPLOYEE INFORMATION

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2024 | 137,829 |  |

| Disposals | (31,399 | ) |

| At 31 March 2025 | 106,430 |  |

| AMORTISATION

| At 1 April 2024 | 113,000 |  |

| Amortisation for year | 10,642 |  |

| Eliminated on disposal | (25,743 | ) |

| At 31 March 2025 | 97,899 |  |

| NET BOOK VALUE

| At 31 March 2025 | 8,531 |  |

| At 31 March 2024 | 24,829 |  |

Ford Wealth Management LLP (Registered number: OC380752)

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 34,941 |  |

| DEPRECIATION

| At 1 April 2024 | 24,910 |  |

| Charge for year | 2,995 |  |

| At 31 March 2025 | 27,905 |  |

| NET BOOK VALUE

| At 31 March 2025 | 7,036 |  |

| At 31 March 2024 | 10,031 |  |

6. | LOANS AND OTHER DEBTS DUE TO MEMBERS |

| The debt ranks last in order of priority to the other creditors.