REGISTERED NUMBER: 07874890 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

Glyn Hall Wealth Management Limited

Trading as

Glyn Hall Wealth

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G Hall

M D Remington

SECRETARY:

A L Riddlesworth

REGISTERED OFFICE:

Watling Offices

Smockington Lane

Wolvey

Hinckley

Leicestershire

LE10 3AY

REGISTERED NUMBER:

07874890 (England and Wales)

ACCOUNTANTS:

Barker & Co

Chartered Accountants

Watling Offices

Smockington Lane

Wolvey

Hinckley

Leicestershire

LE10 3AY

FIXED ASSETS

Tangible assets

4

80,581

3,493

CURRENT ASSETS

Debtors

5

13,096

72,137

Cash at bank and in hand

115,356

119,460

128,452

191,597

CREDITORS

Amounts falling due within one year

6

75,660

72,832

NET CURRENT ASSETS

52,792

118,765

TOTAL ASSETS LESS CURRENT LIABILITIES

133,373

122,258

CREDITORS

Amounts falling due after more than one year

7

(44,323

)

(34,715

)

PROVISIONS FOR LIABILITIES

(19,175

)

(875

)

NET ASSETS

69,875

86,668

CAPITAL AND RESERVES

Called up share capital

8

76

76

Retained earnings

69,799

86,592

SHAREHOLDERS' FUNDS

69,875

86,668

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 21st October 2025 and were signed on its behalf by:

G Hall - Director

M D Remington - Director

1.	STATUTORY INFORMATION

Glyn Hall Wealth Management 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 invoiced sales of services. Value added tax is not chargeable.

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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 8 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2024

8,094

1,055

49,827

58,976

Additions

-

79,695

5,818

85,513

At 31st March 2025

8,094

80,750

55,645

144,489

DEPRECIATION

At 1st April 2024

7,778

924

46,781

55,483

Charge for year

159

5,140

3,126

8,425

At 31st March 2025

7,937

6,064

49,907

63,908

NET BOOK VALUE

At 31st March 2025

157

74,686

5,738

80,581

At 31st March 2024

316

131

3,046

3,493

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

-

2,951

Directors' current accounts

5,108

62,258

Prepayments

7,988

6,928

13,096

72,137

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

29,865

23,708

Corporation tax

32,900

43,700

Social security and other taxes

9,605

1,847

Other creditors

990

889

Directors' current accounts

200

-

Accrued expenses

2,100

2,688

75,660

72,832

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other loans - 1-2 years

44,323

34,715

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

36

Ordinary A

£1

36

36

36

Ordinary B

£1

36

36

2

Ordinary C Shares

£2

4

4

76

76

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to the directors subsisted during the year:

G Hall

£

Dividends drawn

21,600

M D Remington

£

Dividends not drawn

(200

)

No interest was charge in the year on the directors overdrawn loan account and the director was taxed accordingly.