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Company Registration No. SC360356 (Scotland)
Stephen Walters (Financial Planning) Limited Unaudited accounts for the year ended 30 September 2025
Stephen Walters (Financial Planning) Limited Unaudited accounts Contents
Page
Company information
3
Accountants' report
4
Statement of financial position
5
Notes to the accounts
6
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Stephen Walters (Financial Planning) Limited Company Information for the year ended 30 September 2025
Directors
Stephen Walters Philip Corrie-Hawes
Company Number
SC360356 (Scotland)
Registered Office
14-18 Hill Street Edinburgh EH2 3JZ United Kingdom
Accountants
Susan Whitham 6 Park Place Edinburgh MIDLOTHIAN EH6 4LB
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Stephen Walters (Financial Planning) Limited for the year ended 30 September 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Stephen Walters (Financial Planning) Limited for the year ended 30 September 2025 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Stephen Walters (Financial Planning) Limited, as a body, in accordance with the terms of our engagement letter dated 24 August 2020. Our work has been undertaken solely to prepare for your approval the accounts of Stephen Walters (Financial Planning) Limited and state those matters that we have agreed to state to the Board of Directors of Stephen Walters (Financial Planning) Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Stephen Walters (Financial Planning) Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Stephen Walters (Financial Planning) Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Stephen Walters (Financial Planning) Limited. You consider that Stephen Walters (Financial Planning) Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Stephen Walters (Financial Planning) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Susan Whitham Chartered Accountants 6 Park Place Edinburgh MIDLOTHIAN EH6 4LB 15 December 2025
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Stephen Walters (Financial Planning) Limited Statement of financial position as at 30 September 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
304,238 
2,445 
Current assets
Debtors
5
30,878 
28,845 
Cash at bank and in hand
46,975 
282,151 
77,853 
310,996 
Creditors: amounts falling due within one year
6
(27,007)
(23,910)
Net current assets
50,846 
287,086 
Net assets
355,084 
289,531 
Capital and reserves
Called up share capital
1,201 
1,201 
Profit and loss account
353,883 
288,330 
Shareholders' funds
355,084 
289,531 
For the year ending 30 September 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 29 December 2025 and were signed on its behalf by
Stephen Walters Director Company Registration No. SC360356
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Stephen Walters (Financial Planning) Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Stephen Walters (Financial Planning) Limited is a private company, limited by shares, registered in Scotland, registration number SC360356. The registered office is 14-18 Hill Street, Edinburgh, EH2 3JZ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover represents income for the provision of financial advice and commissions.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
no depreciation
Fixtures & fittings
25% on cost.
Computer equipment
33% on cost.
Tangible fixed assets: Land and buildings
The company owns 75% of the title to the property held in land and buildings. The value shown is the historical cost of the company share of the asset.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Charges
A charge is regsitered with Companies House. The company is named as a bare trustee on the charge.
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Stephen Walters (Financial Planning) Limited Notes to the Accounts for the year ended 30 September 2025
4
Tangible fixed assets
Land & buildings 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 October 2024
- 
204 
4,972 
5,176 
Additions
301,398 
1,349 
241 
302,988 
At 30 September 2025
301,398 
1,553 
5,213 
308,164 
Depreciation
At 1 October 2024
- 
162 
2,569 
2,731 
Charge for the year
- 
73 
1,122 
1,195 
At 30 September 2025
- 
235 
3,691 
3,926 
Net book value
At 30 September 2025
301,398 
1,318 
1,522 
304,238 
At 30 September 2024
- 
42 
2,403 
2,445 
5
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
26,678 
23,429 
Accrued income and prepayments
3,000 
2,996 
Other debtors
1,200 
2,420 
30,878 
28,845 
6
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Trade creditors
1,289 
192 
Taxes and social security
24,100 
22,350 
Loans from directors
68 
68 
Accruals
1,550 
1,300 
27,007 
23,910 
7
Transactions with related parties
The amount due to the directors at the balance sheet date is included in creditors falling due within one year. No interest was paid for this loan, which is unsecured and repayable on demand. A director and a connected person own 25% of the title to the land and buildings held in fixed assets.
8
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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