REGISTERED NUMBER: 14217721 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

Adrian White Wealth Management Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J White

Mrs S A White

REGISTERED OFFICE:

Suite 16 Business Innovation Centre

Staffordshire Technology Park

Stafford

Staffordshire

ST18 0AR

REGISTERED NUMBER:

14217721 (England and Wales)

ACCOUNTANTS:

Rice & Co Limited

Chartered Accountants

14a Market Place

Uttoxeter

Staffordshire

ST14 8HP

FIXED ASSETS

Intangible assets

4

349,579

394,922

CURRENT ASSETS

Debtors

5

14,489

8,524

Cash at bank

4,005

29,625

18,494

38,149

CREDITORS

Amounts falling due within one year

6

142,948

148,750

NET CURRENT LIABILITIES

(124,454

)

(110,601

)

TOTAL ASSETS LESS CURRENT LIABILITIES

225,125

284,321

CREDITORS

Amounts falling due after more than one year

7

224,554

274,654

NET ASSETS

571

9,667

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

471

9,567

SHAREHOLDERS' FUNDS

571

9,667

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 9th December 2025 and were signed on its behalf by:

Mr A J White - Director

1.	STATUTORY INFORMATION

Adrian White 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 and value added tax. Turnover in respect of services is recognised when the service has been provided. Turnover in respect of commissions is recognised in the financial period in which the commission is earned.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of businesses in 2022 and 2023 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.

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 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2024

and 31st March 2025

453,423

AMORTISATION

At 1st April 2024

58,501

Charge for year

45,343

At 31st March 2025

103,844

NET BOOK VALUE

At 31st March 2025

349,579

At 31st March 2024

394,922

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

14,489

8,524

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Taxation and social security

23,098

18,895

Other creditors

119,850

129,855

142,948

148,750

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

224,554

274,654

Amounts falling due in more than five years:

Repayable by instalments

Other loans

82,123

85,895

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Other loans

270,175

257,519

Other loans are secured over the client base of the company.

9.	RELATED PARTY DISCLOSURES

Included in creditors due within one year is £88,457 (2023 - £63,994) owed to the directors of the company. No interest has been paid in respect of these loans and there are no fixed terms for their repayment.