Axiom Wealth Management Ltd - Filleted accounts

Registered number

03770480

Axiom Wealth Management Ltd

Filleted Accounts

31 March 2025

Axiom Wealth Management Ltd
Registered number:		03770480
Balance Sheet
as at 31 March 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		192,195			190,830

Current assets
Debtors	4	3,194,926			1,142,614
Investments held as current assets	5	906,534			558,534
Cash at bank and in hand		6,873,297			8,766,328
		10,974,757			10,467,476

Creditors: amounts falling due within one year	6	(757,325)			(704,857)

Net current assets			10,217,432			9,762,619

Total assets less current liabilities			10,409,627			9,953,449

Creditors: amounts falling due after more than one year	7		(1,689,551)			(2,015,027)



Net assets			8,720,076			7,938,422

Capital and reserves
Called up share capital			1,000			1,000
Profit and loss account			8,719,076			7,937,422

Shareholders' funds			8,720,076			7,938,422

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr P S Courtney
Director
Approved by the board on 22 December 2025

Axiom Wealth Management Ltd
Notes to the Accounts
for the year ended 31 March 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			25% wdv
	Fixtures & fittings			20% wdv

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.


	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.


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


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					5		5


3	Tangible fixed assets
				Land and buildings		Plant and machinery etc		Total
£					£		£
	Cost
	At 1 April 2024			423,947		207,472		631,419
	Additions			-		54,316		54,316
	At 31 March 2025			423,947		261,788		685,735

	Depreciation
	At 1 April 2024			257,243		183,346		440,589
	Charge for the year			33,341		19,610		52,951
	At 31 March 2025			290,584		202,956		493,540

	Net book value
	At 31 March 2025			133,363		58,832		192,195
	At 31 March 2024			166,704		24,126		190,830





4	Debtors					2025		2024
£							£

	Recoverable ACT					336,220		-
	Amounts owed by group undertakings and undertakings in which the company has a participating interest					1,550,000		930,000
	Director's loan account					996,206		114
	Other debtors					312,500		212,500
						3,194,926		1,142,614


5	Investments held as current assets					2025		2024
£							£
	Fair value
	Unlisted investments					906,534		558,534



6	Creditors: amounts falling due within one year					2025		2024
£							£

	Taxation and social security costs					718,708		674,238
	Other creditors					38,617		30,619
						757,325		704,857


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Long term investors					1,689,551		2,015,027


8	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Mr P S Courtney
		114		996,092		-		996,206

		114		996,092		-		996,206

	Section 455 tax @33.75% has been provided on the overdrawn loan account .


9	Controlling party

	Mr P S Courtney is the ultimate controlling party.


10	Other information

	Axiom Wealth Management Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Argyle House
	3rd Floor Northside
	Northwood Hills
	London
	HA6 1NW