Registration number: 06921604

Compton Valley Wealth Management Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Compton Valley Wealth Management Limited

Company Information

Director

Mr N H G Coles

Company secretary

Mrs J A Coles

Registered office

Compton Mill Compton Marldon Paignton Devon TQ3 1TB

Accountants

Thompson Jenner LLP Chartered Accountants 28 Alexandra Terrace Exmouth Devon EX8 1BD

Compton Valley Wealth Management Limited

(Registration number: 06921604)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	53,804	47,904
Other financial assets	5	50,868	33,417
		104,672	81,321
Current assets
Debtors	6	10,951	11,965
Cash at bank and in hand		51,933	87,051
		62,884	99,016
Creditors: Amounts falling due within one year	7	(52,185)	(40,994)
Net current assets		10,699	58,022
Total assets less current liabilities		115,371	139,343
Provisions for liabilities		(4,423)	(2,759)
Net assets		110,948	136,584
Capital and reserves
Called up share capital		400	400
Other reserves		758	190
Retained earnings		109,790	135,994
Shareholders' funds		110,948	136,584

For the financial year ending 31 July 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Compton Valley Wealth Management Limited

(Registration number: 06921604)
Balance Sheet as at 31 July 2025

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 14 January 2026
 

......................................... Mr N H G Coles Director

Compton Valley Wealth Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Compton Mill
Compton
Marldon
Paignton
Devon
TQ3 1TB

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Compton Valley Wealth Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & Machinery	25% Reducing Balance
Office Equipment	33% Straight Line
Motor Vehicles	20% Straight Line
Property Improvements	Not Depreciated

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Compton Valley Wealth Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2024 - 2).

Compton Valley Wealth Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £	Total £
Cost or valuation
At 1 August 2024	44,503	21,837	28,929	13,320	108,589
Additions	-	1,397	-	8,300	9,697
At 31 July 2025	44,503	23,234	28,929	21,620	118,286
Depreciation
At 1 August 2024	-	20,532	28,928	11,225	60,685
Charge for the year	-	1,198	-	2,599	3,797
At 31 July 2025	-	21,730	28,928	13,824	64,482
Carrying amount
At 31 July 2025	44,503	1,504	1	7,796	53,804
At 31 July 2024	44,503	1,305	1	2,095	47,904

Included within the net book value of land and buildings above is £44,503 (2024 - £44,503) in respect of freehold land and buildings.
 

5	Other financial assets (current and non-current)

	2025 £	2024 £
Non-current financial assets
Financial assets at fair value through profit and loss	50,868	33,417

Compton Valley Wealth Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 August 2024	33,417	33,417
Fair value adjustments	1,010	1,010
Additions	35,416	35,416
Disposals	(18,975)	(18,975)
At 31 July 2025	50,868	50,868

6

Debtors

	2025 £	2024 £
Other debtors	7,616	1,703
Prepayments and accrued income	3,335	10,262
Total current trade and other debtors	10,951	11,965

7

Creditors

	2025 £	2024 £
Due within one year
Taxation and social security	49,800	39,117
Other creditors	-	1
Accrued expenses	2,385	1,876
	52,185	40,994

8	Related party transactions

Transactions with the director

2025	At 1 August 2024 £	Advances to director £	Repayments by director £	At 31 July 2025 £
Interest free loan	1,703	36,549	(30,636)	7,616

Compton Valley Wealth Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

2024	At 1 August 2023 £	Advances to director £	Repayments by director £	At 31 July 2024 £
Interest free loan	-	12,994	(11,291)	1,703