REGISTERED NUMBER: 14652754 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

CWF & Partners (TWB Accountants) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

G T Georgiou

M R Suleman

REGISTERED OFFICE:

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

REGISTERED NUMBER:

14652754 (England and Wales)

ACCOUNTANTS:

CWF & Partners Ltd

Chartered Accountants

Freedman House

Christopher Wren Yard

117 High Street

Croydon

Surrey

CR0 1QG

FIXED ASSETS

Intangible assets

5

120,061

160,054

Tangible assets

6

342

683

Investments

7

310,000

-

430,403

160,737

CURRENT ASSETS

Debtors

8

177,071

24,635

Cash at bank

4,716

74,316

181,787

98,951

CREDITORS

Amounts falling due within one year

9

502,112

243,339

NET CURRENT LIABILITIES

(320,325

)

(144,388

)

TOTAL ASSETS LESS CURRENT LIABILITIES

110,078

16,349

CREDITORS

Amounts falling due after more than one year

10

77,500

-

NET ASSETS

32,578

16,349

CAPITAL AND RESERVES

Called up share capital

11

1,000

-

Retained earnings

31,578

16,349

SHAREHOLDERS' FUNDS

32,578

16,349

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 December 2025 and were signed on its behalf by:

G T Georgiou - Director

M R Suleman - Director

1.	STATUTORY INFORMATION

CWF & Partners (TWB Accountants) 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.

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

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover represents net invoiced sales of services, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

199,968

AMORTISATION

At 1 April 2024

39,914

Charge for year

39,993

At 31 March 2025

79,907

NET BOOK VALUE

At 31 March 2025

120,061

At 31 March 2024

160,054

6.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

1,024

DEPRECIATION

At 1 April 2024

341

Charge for year

341

At 31 March 2025

682

NET BOOK VALUE

At 31 March 2025

342

At 31 March 2024

683

7.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

Additions

676,475

Impairments

(366,475

)

At 31 March 2025

310,000

NET BOOK VALUE

At 31 March 2025

310,000

The company purchased the entire share capital of SBM Associates Limited.

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

27,146

23,778

Amounts owed by group undertakings

87,985

-

Other debtors

61,940

857

177,071

24,635

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

171,929

66,507

Taxation and social security

16,786

24,354

Other creditors

313,397

152,478

502,112

243,339

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Other creditors

77,500

-

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

10,000

Ordinary

10p

1,000

-

9,999 Ordinary shares of 10p each were allotted and fully paid for cash at par during the year.