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REGISTERED NUMBER: 10175339 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

SJP IFA LIMITED

| SJP IFA LIMITED (Registered number: 10175339) |

Contents of the Financial Statements

for the Year Ended 31 May 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 3 |

| Report of the Accountants | 5 |

| SJP IFA LIMITED |

Company Information

for the Year Ended 31 May 2025

| DIRECTORS: | S J Phillips

| Mrs A L Phillips

| REGISTERED OFFICE: | Reservoir House

| Upper Wood Lane

| Kingswear

| Dartmouth

| Devon

| TQ6 0DF

| REGISTERED NUMBER: | 10175339 (England and Wales)

| ACCOUNTANTS: | A Plus Accountancy & Business Solutions Limited

| The Mount

| 21 High Street

| Wellington

| Somerset

| TA21 8QT

| SJP IFA LIMITED (Registered number: 10175339) |

Statement of Financial Position

31 May 2025

| 31.5.25 | 31.5.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 80,909 |  | - |  |

Tangible assets | 5 | 32,757 |  | 1,585 |  |

113,666 |  | 1,585 |  |

CURRENT ASSETS

Debtors | 6 | 3,439 |  | 3,694 |  |

Cash at bank | 141,848 |  | 199,041 |  |

145,287 |  | 202,735 |  |

CREDITORS

Amounts falling due within one year | 7 | 14,120 |  | 31,156 |  |

NET CURRENT ASSETS | 131,167 |  | 171,579 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 244,833 |  | 173,164 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 244,733 |  | 173,064 |  |

244,833 |  | 173,164 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 January 2026 and were signed on its behalf by:

S J Phillips - Director

| SJP IFA LIMITED (Registered number: 10175339) |

Notes to the Financial Statements

for the Year Ended 31 May 2025

1. | STATUTORY INFORMATION

| SJP IFA 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.

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, rebates, value added tax and other sales taxes.

| Tangible fixed assets

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

| Office equipment | - | 25% on reducing balance

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 2 (2024 - 2 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| Additions | 80,909 |  |

| At 31 May 2025 | 80,909 |  |

| NET BOOK VALUE

| At 31 May 2025 | 80,909 |  |

5. | TANGIBLE FIXED ASSETS

| Fixtures |  | Motor |  | Office |

| & fittings |  | vehicles |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 June 2024 | - |  | - |  | 3,467 |  | 3,467 |  |

| Additions | 977 |  | 39,500 |  | 1,484 |  | 41,961 |  |

| At 31 May 2025 | 977 |  | 39,500 |  | 4,951 |  | 45,428 |  |

| DEPRECIATION

| At 1 June 2024 | - |  | - |  | 1,882 |  | 1,882 |  |

| Charge for year | 147 |  | 9,875 |  | 767 |  | 10,789 |  |

| At 31 May 2025 | 147 |  | 9,875 |  | 2,649 |  | 12,671 |  |

| NET BOOK VALUE

| At 31 May 2025 | 830 |  | 29,625 |  | 2,302 |  | 32,757 |  |

| At 31 May 2024 | - |  | - |  | 1,585 |  | 1,585 |  |

| SJP IFA LIMITED (Registered number: 10175339) |

Notes to the Financial Statements - continued

for the Year Ended 31 May 2025

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.5.25 |  | 31.5.24

£ | £ |

| Other debtors | 3,439 |  | 3,694 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.5.25 |  | 31.5.24

£ | £ |

| Taxation and social security | 12,416 |  | 29,611 |  |

| Other creditors | 1,704 |  | 1,545 |  |

14,120 |  | 31,156 |  |

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 May 2025 and 31 May 2024:

| 31.5.25 |  | 31.5.24

£ | £ |

| S J Phillips

| Balance outstanding at start of year | (231 | ) | (567 | ) |

| Amounts advanced | 3,231 |  | 39,536 |  |

| Amounts repaid | (3,044 | ) | (39,200 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (44 | ) | (231 | ) |

| SJP IFA LIMITED |

Report of the Accountants to the Directors of

SJP IFA LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Statement of Financial Position you are responsible for the preparation of the financial statements for the year ended 31 May 2025 set out on pages two to four and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

A Plus Accountancy & Business Solutions Limited

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

Date: .............................................