REGISTERED NUMBER: 07505133 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

CUSTOM WEALTH MANAGEMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G P Timmins

Mrs H A Timmins

SECRETARY:

Mrs H A Timmins

REGISTERED OFFICE:

23 The Street

Worlington

Bury St Edmunds

Suffolk

IP28 8RU

REGISTERED NUMBER:

07505133 (England and Wales)

ACCOUNTANTS:

NKT Accountants

11 Kings Court

Willie Snaith Road

Newmarket

Suffolk

CB8 7SG

FIXED ASSETS

Intangible assets

4

200

200

Tangible assets

5

1,230

-

1,430

200

CURRENT ASSETS

Cash at bank

6,409

11,167

CREDITORS

Amounts falling due within one year

6

7,110

10,441

NET CURRENT (LIABILITIES)/ASSETS

(701

)

726

TOTAL ASSETS LESS CURRENT LIABILITIES

729

926

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

727

924

SHAREHOLDERS' FUNDS

729

926

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 3rd December 2025 and were signed on its behalf by:

G P Timmins - Director

1.	STATUTORY INFORMATION

Custom 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 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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

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

Computer equipment

-

33% on cost

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.

Estimation techniques

In preparing the financial statements, management are required to make estimates and assumptions that affect the reported amounts of assets and liabilities at the balance sheet date and the reported amounts of revenue and expenses during the period.

Significant areas requiring the use of estimated relate to the determination of accruals and other liabilities and the disclosure of contingent liabilities, if any, at the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1st April 2024

and 31st March 2025

200

NET BOOK VALUE

At 31st March 2025

200

At 31st March 2024

200

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1st April 2024

4,231

Additions

1,578

Disposals

(255

)

At 31st March 2025

5,554

DEPRECIATION

At 1st April 2024

4,231

Charge for year

348

Eliminated on disposal

(255

)

At 31st March 2025

4,324

NET BOOK VALUE

At 31st March 2025

1,230

At 31st March 2024

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Taxation and social security

95

2,891

Other creditors

7,015

7,550

7,110

10,441

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31/3/25

31/3/24

£

£

G P Timmins and Mrs H A Timmins

Balance outstanding at start of year

(6,634

)

(2,335

)

Amounts advanced

7,123

3,620

Amounts repaid

(6,369

)

(7,919

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(5,880

)

(6,634

)

8.	ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no controlling party.