REGISTERED NUMBER: 06998505 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

FISHER FINANCIAL MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G R Fisher

Mrs J A Fisher

REGISTERED OFFICE:

36-40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

REGISTERED NUMBER:

06998505 (England and Wales)

ACCOUNTANTS:

Seaman Herbert & Co

36 - 40 Doncaster Road

Barnsley

South Yorkshire

S70 1TL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

66,790

35,471

66,790

35,471

CURRENT ASSETS

Debtors

6

39,539

29,786

Cash at bank

126,445

130,565

165,984

160,351

CREDITORS

Amounts falling due within one year

7

23,016

14,306

NET CURRENT ASSETS

142,968

146,045

TOTAL ASSETS LESS CURRENT LIABILITIES

209,758

181,516

PROVISIONS FOR LIABILITIES

8

9,526

1,556

NET ASSETS

200,232

179,960

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

200,132

179,860

SHAREHOLDERS' FUNDS

200,232

179,960

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 Profit & Loss Account and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 December 2025 and were signed on its behalf by:

G R Fisher - Director

1.	STATUTORY INFORMATION

Fisher Financial 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 2010, is being amortised evenly over its estimated useful life of ten years.

An additional amount of goodwill purchase in 2012 is to be amortised over a straight line of 5 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

-

10% on reducing balance

Motor vehicles

-

20% on reducing balance

Computer equipment

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account and Retained Earnings, 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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

92,532

AMORTISATION

At 1 April 2024

and 31 March 2025

92,532

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2024

557

34,641

15,309

50,507

Additions

-

48,000

-

48,000

At 31 March 2025

557

82,641

15,309

98,507

DEPRECIATION

At 1 April 2024

126

2,309

12,601

15,036

Charge for year

43

15,266

1,372

16,681

At 31 March 2025

169

17,575

13,973

31,717

NET BOOK VALUE

At 31 March 2025

388

65,066

1,336

66,790

At 31 March 2024

431

32,332

2,708

35,471

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

37,876

26,136

Other debtors

300

300

Directors' current accounts

1,138

2,417

Prepayments

225

933

39,539

29,786

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Tax

17,964

10,107

Social security and other taxes

775

314

Other creditors

668

626

Accrued expenses

3,609

3,259

23,016

14,306

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

9,526

1,556

Deferred

tax

£

Balance at 1 April 2024

1,556

Provided during year

7,970

Balance at 31 March 2025

9,526

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

50

Ordinary

£1

50

50

50

Ordinary B

£1

50

50

100

100

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2025

2024

£

£

G R Fisher and G R Fisher

Balance outstanding at start of year

2,417

-

Amounts advanced

1,138

2,417

Amounts repaid

(2,417

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,138

2,417

11.	ULTIMATE CONTROLLING PARTY

The controlling party is G R Fisher.