Watch House Financial Planning Limited


Directors	Mr S R Crisp
	Miss N Patel
	Mr C Pugh


Registered Address	1st Floor 11 Freeport Office Village
	Century Drive
	Braintree
	CM77 8YG


Registered Number	13498444 (England and Wales)

Balance Sheet as at
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Intangible assets	3		2,353,081		2,498,524
Tangible assets	4		3,721		7,874
			2,356,802		2,506,398
Current assets
Debtors	5	100,851		92,744
Cash at bank and on hand		92,083		37,081
		192,934		129,825
Creditors amounts falling due within one year	6	(529,791)		(684,153)
Net current assets (liabilities)			(336,857)		(554,328)
Total assets less current liabilities			2,019,945		1,952,070
Creditors amounts falling due after one year	7		(1,623,380)		(1,733,991)
Provisions for liabilities	8		(930)		(1,969)
Net assets			395,635		216,110
Capital and reserves
Called up share capital			200		200
Profit and loss account			395,435		215,910
Shareholders' funds			395,635		216,110

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 12 December 2025, and are signed on its behalf by:

Mr S R Crisp
Director
Registered Company No. 13498444

Watch House Financial Planning Limited

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Amortisation is provided on all intangible fixed assets as follows: 5% on SL basis

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	10
Fixtures and fittings	25	-
Office Equipment	-	3

2.	Average number of employees


		2025		2024
	Average number of employees during the year	6		7

3.	Intangible assets

	Goodwill	Total
	£	£
Cost or valuation
At 01 April 24	2,840,707	2,840,707
Disposals	(4,109)	(4,109)
At 31 March 25	2,836,598	2,836,598
Amortisation and impairment
At 01 April 24	342,183	342,183
Charge for year	142,001	142,001
On disposals	(667)	(667)
At 31 March 25	483,517	483,517
Net book value
At 31 March 25	2,353,081	2,353,081
At 31 March 24	2,498,524	2,498,524

4.	Tangible fixed assets

	Land & buildings	Fixtures & fittings	Office Equipment	Total
	£	£	£	£
Cost or valuation
At 01 April 24	3,119	8,975	2,764	14,858
Additions	-	-	499	499
Disposals	(3,119)	(1,155)	(322)	(4,596)
At 31 March 25	-	7,820	2,941	10,761
Depreciation and impairment
At 01 April 24	728	4,452	1,804	6,984
Charge for year	312	1,130	694	2,136
On disposals	(1,040)	(718)	(322)	(2,080)
At 31 March 25	-	4,864	2,176	7,040
Net book value
At 31 March 25	-	2,956	765	3,721
At 31 March 24	2,391	4,523	960	7,874

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	98,294	78,252
Other debtors	2,557	6,927
Prepayments and accrued income	-	7,565
Total	100,851	92,744

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	6,089	10,912
Taxation and social security	163,203	105,146
Other creditors	358,399	564,424
Accrued liabilities and deferred income	2,100	3,671
Total	529,791	684,153

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	1,623,380	1,733,991
Total	1,623,380	1,733,991

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	930	1,969
Total	930	1,969

9.	Directors advances, credits and guarantees
	Director 1: During the year the following advances and credits were made to directors, advances £183,609 (2024: £155,186), credits -£162,330 (2024: -£156,715), year end balance -£57,146 (2024: -£78,425). Director 2: During the year the following advances and credits were made to directors, advances £500 (2024: £0), credits -£500 (2024: -£1,000), year end balance -£3,000 (2024: -£3,000). Director 3: During the year the following advances and credits were made to directors, advances £500 (2024: £0), credits -£500 (2024: £1,000), year end balance -£3,000 (2024: -£3,000).

Directors advances, credits and guarantees

Director 1:
During the year the following advances and credits were made to directors, advances £183,609 (2024: £155,186), credits -£162,330 (2024: -£156,715), year end balance -£57,146 (2024: -£78,425).

Director 2:
During the year the following advances and credits were made to directors, advances £500 (2024: £0), credits -£500 (2024: -£1,000), year end balance -£3,000 (2024: -£3,000).

Director 3:
During the year the following advances and credits were made to directors, advances £500 (2024: £0), credits -£500 (2024: £1,000), year end balance -£3,000 (2024: -£3,000).