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Registered number: 09110223
Somerfield Wealth Planning Ltd
Unaudited Financial Statements
For The Year Ended 30 June 2025
Quest Accounting Services Limited
Suite 106, The Pinnacle
170 Midsummer Boulevard
Milton Keynes
MK9 1BP
Somerfield Wealth Planning Ltd
Contents
Contents

| Page
--- | ---
Accountant's Report | 1
Balance Sheet | 2—3
Notes to the Financial Statements | 4—6

Page 1
Somerfield Wealth Planning Ltd
Accountant's Report
For The Year Ended 30 June 2025
Accountant's Report
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Somerfield Wealth Planning Ltd for the year ended year which comprise the Profit and Loss Account, the Balance Sheet, and the related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Chartered Institute of Management Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.cimaglobal.com.
This report is made solely to the director of Somerfield Wealth Planning Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Somerfield Wealth Planning Ltd and state those matters that we have agreed to state to the director of Somerfield Wealth Planning Ltd in this report in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.
It is your duty to ensure that Somerfield Wealth Planning Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Somerfield Wealth Planning Ltd . You consider that Somerfield Wealth Planning Ltd 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 financial statements of Somerfield Wealth Planning Ltd . 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 financial statements.

Quest Accounting Services
19th December 2025

Quest Accounting Services Limited
Suite 106, The Pinnacle
170 Midsummer Boulevard
Milton Keynes
MK9 1BP
Page 1
Page 2
Somerfield Wealth Planning Ltd
Balance Sheet
As At 30 June 2025
Balance Sheet
Registered number: 09110223

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 5 |  | - |  | 122
Investments | 6 |  | 445,665 |  | 304,733
|  |  | 445,665 |  | 304,855
CURRENT ASSETS
Debtors | 7 | 98,804 |  | 99,624 |
Cash at bank and in hand |  | 450,725 |  | 54,882 |
|  | 549,529 |  | 154,506 |
Creditors: Amounts Falling Due Within One Year | 8 | (205,506 ) |  | (141,094 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 344,023 |  | 13,412
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 789,688 |  | 318,267
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (11,667 ) |  | (6,184 )
NET ASSETS |  |  | 778,021 |  | 312,083
CAPITAL AND RESERVES
Called up share capital | 9 |  | 100 |  | 100
Revaluation reserve | 11 |  | 35,001 |  | 18,551
Profit and Loss Account |  |  | 742,920 |  | 293,432
SHAREHOLDERS' FUNDS |  |  | 778,021 |  | 312,083

Page 2
Page 3
Somerfield Wealth Planning Ltd
Balance Sheet (continued)
As At 30 June 2025
For the year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Owen Cook Director
19th December 2025

The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Somerfield Wealth Planning Ltd
Notes to the Financial Statements
For The Year Ended 30 June 2025
Notes to the Financial Statements
1. General Information
Somerfield Wealth Planning Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09110223 . The registered office is Suite 106 170 Midsummer Boulevard, The Pinnacle, Milton Keynes, MK9 1FD.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery | 4 Years Straight Line

2.4. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2024: 1)
1 1
Page 4
Page 5
Somerfield Wealth Planning Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
4. Intangible Assets

| Goodwill
--- | ---
| £
Cost
As at 1 July 2024 | 79,604
As at 30 June 2025 | 79,604
Amortisation
As at 1 July 2024 | 79,604
As at 30 June 2025 | 79,604
Net Book Value
As at 30 June 2025 | -
As at 1 July 2024 | -

5. Tangible Assets

| Plant & Machinery
--- | ---
| £
Cost
As at 1 July 2024 | 1,490
As at 30 June 2025 | 1,490
Depreciation
As at 1 July 2024 | 1,368
Provided during the period | 122
As at 30 June 2025 | 1,490
Net Book Value
As at 30 June 2025 | -
As at 1 July 2024 | 122

6. Investments

| Listed
--- | ---
| £
Cost or Valuation
As at 1 July 2024 | 304,733
Additions | 140,932
As at 30 June 2025 | 445,665
Provision
As at 1 July 2024 | -
As at 30 June 2025 | -
Net Book Value
As at 30 June 2025 | 445,665
As at 1 July 2024 | 304,733

Page 5
Page 6
Somerfield Wealth Planning Ltd
Notes to the Financial Statements (continued)
For The Year Ended 30 June 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Director's loan account | 98,804 |  | 99,624

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Other taxes and social security | 205,506 |  | 141,094

9. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

10. Directors Advances, Credits and Guarantees
Included within Debtors are the following loans to directors:

| As at 1 July 2024 | Amounts advanced | Amounts repaid | Amounts written off | As at 30 June 2025
--- | --- | --- | --- | --- | ---
| £ | £ | £ | £ | £
Mr Owen Cook | 99,624 | - | 820 | - | 98,804

The above loan is unsecured, interest free and repayable on demand.
11. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 July 2024 | 18,551
Surplus on revaluation | 16,450
As at 30 June 2025 | 35,001

Page 6