REGISTERED NUMBER: 07103672 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 July 2025

for

WP Financial Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

D R Patel

N A Dando

SECRETARY:

N A Dando

REGISTERED OFFICE:

Brunel House

11 The Promenade

Clifton Down

Bristol

BS8 3NG

REGISTERED NUMBER:

07103672 (England and Wales)

FIXED ASSETS

Tangible assets

4

77

113

CURRENT ASSETS

Debtors

5

2,300

25,668

Cash at bank

42,270

48,356

44,570

74,024

CREDITORS

Amounts falling due within one year

6

30,147

31,154

NET CURRENT ASSETS

14,423

42,870

TOTAL ASSETS LESS CURRENT LIABILITIES

14,500

42,983

CREDITORS

Amounts falling due after more than one year

7

-

8,543

NET ASSETS

14,500

34,440

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

13,500

33,440

SHAREHOLDERS' FUNDS

14,500

34,440

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 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 31 October 2025 and were signed on its behalf by:

D R Patel - Director

N A Dando - Director

1.	STATUTORY INFORMATION

WP Financial Services Limited 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 represents the total of all fees and commissions receivable.

Tangible fixed assets

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

Office equipment

-

33.33% on reducing balance basis

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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 August 2024

and 31 July 2025

3,976

DEPRECIATION

At 1 August 2024

3,863

Charge for year

36

At 31 July 2025

3,899

NET BOOK VALUE

At 31 July 2025

77

At 31 July 2024

113

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

2,300

25,668

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

9,526

10,648

Taxation and social security

478

400

Other creditors

20,143

20,106

30,147

31,154

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

-

8,543

8.	RELATED PARTY DISCLOSURES

During the year, total dividends of £1,000 (2024 - £1,050) were paid to the directors .

The company owed Wormald and Partners, a partnership wholly controlled by D R Patel and N A Dando, who are directors and shareholders of the company at the year end an amount of £67 (2024 £33).