REGISTERED NUMBER: 08145533 (England and Wales)

WARWICK WEALTH MANAGEMENT LTD

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

R J Foxall

SECRETARY:

Mrs L M Foxall

REGISTERED OFFICE:

Office 2, First Floor, Ryknild House

Burnett Road

Streetly

Sutton Coldfield

West Midlands

B74 3EL

REGISTERED NUMBER:

08145533 (England and Wales)

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

69,087

84,395

69,087

84,395

CURRENT ASSETS

Debtors

6

1,173

1,193

Investments

7

-

66,500

Cash at bank

211,194

121,735

212,367

189,428

CREDITORS

Amounts falling due within one year

8

94,175

87,825

NET CURRENT ASSETS

118,192

101,603

TOTAL ASSETS LESS CURRENT LIABILITIES

187,279

185,998

CREDITORS

Amounts falling due after more than one year

9

(62,907

)

(84,814

)

PROVISIONS FOR LIABILITIES

(17,270

)

-

NET ASSETS

107,102

101,184

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

107,101

101,183

107,102

101,184

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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 17 April 2025 and were signed by:

R J Foxall - Director

1.	STATUTORY INFORMATION

Warwick 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 2013, is being amortised evenly over its estimated useful life of five 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

33% on cost and 20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 3 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

398,244

AMORTISATION

At 1 April 2024

and 31 March 2025

398,244

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

140,647

Additions

1,738

Disposals

(18,588

)

At 31 March 2025

123,797

DEPRECIATION

At 1 April 2024

56,252

Charge for year

17,046

Eliminated on disposal

(18,588

)

At 31 March 2025

54,710

NET BOOK VALUE

At 31 March 2025

69,087

At 31 March 2024

84,395

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

121,740

DEPRECIATION

At 1 April 2024

37,625

Charge for year

16,823

At 31 March 2025

54,448

NET BOOK VALUE

At 31 March 2025

67,292

At 31 March 2024

84,115

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

1,173

1,193

7.	CURRENT ASSET INVESTMENTS

31/3/25

31/3/24

£

£

Listed investments

-

66,500

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

10,398

10,000

Hire purchase contracts

11,319

11,319

Trade creditors

381

3,239

Taxation and social security

69,737

59,875

Other creditors

2,340

3,392

94,175

87,825

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

2,598

13,186

Hire purchase contracts

60,309

71,628

62,907

84,814

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

As at the balance sheet date, the Director had guaranteed financial commitments under operating leases amounting to £27,306.