REGISTERED NUMBER: 06827473 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Hoadley Financial Planning Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A G J Hoadley

Mrs M A Hoadley

D J Williams

Mrs J E Williams

REGISTERED OFFICE:

Lennox House

3 Pierrepont Street

Bath

Somerset

BA1 1LB

REGISTERED NUMBER:

06827473 (England and Wales)

FIXED ASSETS

Intangible assets

4

224,731

276,250

Tangible assets

5

406

1,875

225,137

278,125

CURRENT ASSETS

Debtors

6

56,576

55,447

Cash at bank

72,373

81,822

128,949

137,269

CREDITORS

Amounts falling due within one year

7

128,030

129,477

NET CURRENT ASSETS

919

7,792

TOTAL ASSETS LESS CURRENT LIABILITIES

226,056

285,917

CREDITORS

Amounts falling due after more than one year

8

135,172

187,414

NET ASSETS

90,884

98,503

CAPITAL AND RESERVES

Called up share capital

11

11

Retained earnings

11

90,873

98,492

90,884

98,503

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 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 10 December 2025 and were signed on its behalf by:

A G J Hoadley - Director

1.	STATUTORY INFORMATION

Hoadley Financial Planning 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of ten 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.

Fixtures and fittings

-

20% on straight line basis

Computers and equipment

-

33% on straight line 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.

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 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

644,881

AMORTISATION

At 1 April 2024

368,631

Amortisation for year

51,519

At 31 March 2025

420,150

NET BOOK VALUE

At 31 March 2025

224,731

At 31 March 2024

276,250

5.	TANGIBLE FIXED ASSETS

Fixtures

Computers

and

and

fittings

equipment

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

3,270

15,107

18,377

DEPRECIATION

At 1 April 2024

3,033

13,469

16,502

Charge for year

118

1,351

1,469

At 31 March 2025

3,151

14,820

17,971

NET BOOK VALUE

At 31 March 2025

119

287

406

At 31 March 2024

237

1,638

1,875

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

55,868

54,739

Other debtors

708

708

56,576

55,447

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts (see note 9)

35,414

35,414

Other loans (see note 9)

16,440

16,064

Tax

65,712

69,786

Social security and other taxes

4,306

3,591

Directors' current accounts

3,660

2,724

Accrued expenses

2,498

1,898

128,030

129,477

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans (see note 9)

94,437

129,851

Other loans (see note 9)

40,735

57,563

135,172

187,414

9.

LOANS

An analysis of the maturity of loans is given below:

2025

2024

£

£

Amounts falling due within one year or on demand:

Bank loans

35,414

35,414

Other loans

16,440

16,064

51,854

51,478

Amounts falling due between one and two years:

Bank loans - 1-2 years

35,414

35,414

Other loans - 1-2 years

16,440

16,064

51,854

51,478

Amounts falling due between two and five years:

Bank loans - 2-5 years

59,023

94,437

Other loans - 2-5 years

24,295

41,499

83,318

135,936

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

129,851

165,265

Other loans

57,175

73,627

187,026

238,892

11.

RESERVES

Retained

earnings

£

At 1 April 2024

98,492

Profit for the year

144,381

Dividends

(152,000

)

At 31 March 2025

90,873