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REGISTERED NUMBER: 04407302 (England and Wales)

Paul Cliff Financial Management Ltd

Unaudited Financial Statements for the Year Ended 30 April 2025

| Paul Cliff Financial Management Ltd (Registered number: 04407302) |

Contents of the Financial Statements

for the Year Ended 30 April 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| Paul Cliff Financial Management Ltd |

Company Information

for the Year Ended 30 April 2025

| Directors: | P E Cliff

| P N Cliff

| Registered office: | 35 Copperfields

| Chew Moor

| Lostock

| Bolton

| Greater Manchester

| BL6 4HZ

| Registered number: | 04407302 (England and Wales)

| Accountants: | Leach Briely

| Craven House

| 32 Lee Lane

| Horwich

| Bolton

| Greater Manchester

| BL6 7BY

| Paul Cliff Financial Management Ltd (Registered number: 04407302) |

Statement of Financial Position

30 April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Fixed assets

Intangible assets | 4 | 180,000 |  | 180,000 |  |

Tangible assets | 5 | 506 |  | 869 |  |

180,506 |  | 180,869 |  |

Current assets

Debtors | 6 | 296,770 |  | 247,944 |  |

Cash at bank | 20,593 |  | 5,722 |  |

317,363 |  | 253,666 |  |

Creditors

Amounts falling due within one year | 7 | 102,013 |  | 81,561 |  |

Net current assets | 215,350 |  | 172,105 |  |

Total assets less current liabilities | 395,856 |  | 352,974 |  |

Creditors

Amounts falling due after more than one year | 8 | (1,665 | ) | (11,665 | ) |

Provisions for liabilities | 9 | (38,604 | ) | (35,250 | ) |

Net assets | 355,587 |  | 306,059 |  |

| Paul Cliff Financial Management Ltd (Registered number: 04407302) |

Statement of Financial Position - continued

30 April 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

Capital and reserves

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 355,487 |  | 305,959 |  |

Shareholders' funds | 355,587 |  | 306,059 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 January 2026 and were signed on its behalf by:

P N Cliff - Director

| Paul Cliff Financial Management Ltd (Registered number: 04407302) |

Notes to the Financial Statements

for the Year Ended 30 April 2025

1. | Statutory information

| Paul Cliff Financial Management 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.

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 receivable for commissions after adjusting for potential lapses.

| Goodwill

| Amortisation of goodwill has not been provided for by the company as in the opinion of the directors it has an indefinite useful economic life. This accounting policy departs from the requirements of FRS 102 to amortise goodwill over a finite period. The effect of the departure is that amortisation as required by the requirements of FRS 102 has not been accounted for. If amortisation had been accounted for the charge for the year would have amounted to £18,000 and the profit for the year reduced accordingly.

| Intangible assets

| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

| Tangible fixed assets

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

| Fixtures and fittings | - | 20% straight line

| Tangible assets are initially recorded at cost and are subsequently stated at cost less any accumulated depreciation and impairment losses.

| Financial instruments

| The company only enters into basic financial instruments that result in the recognition of the financial assets and liabilities such as trade and other debtors and creditors. These are measured at amortised cost and assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the statement of income and retained earnings.

| Paul Cliff Financial Management Ltd (Registered number: 04407302) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

2. | Accounting policies - continued

| Taxation

| The taxation expense represents the aggregate amount of current tax recognised in the reporting year . Tax is recognised in the statement of income and retained earnings. Current tax is recognised on taxable profit for the current year.

| Current tax is measured at the amounts of tax expected to be paid using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

3. | Employees and directors

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

4. | Intangible fixed assets

| Goodwill

£ |

| Cost

| At 1 May 2024

| and 30 April 2025 | 180,000 |  |

| Net book value

| At 30 April 2025 | 180,000 |  |

| At 30 April 2024 | 180,000 |  |

5. | Tangible fixed assets

| Fixtures

| and

| fittings

£ |

| Cost

| At 1 May 2024

| and 30 April 2025 | 2,600 |  |

| Depreciation

| At 1 May 2024 | 1,731 |  |

| Charge for year | 363 |  |

| At 30 April 2025 | 2,094 |  |

| Net book value

| At 30 April 2025 | 506 |  |

| At 30 April 2024 | 869 |  |

| Paul Cliff Financial Management Ltd (Registered number: 04407302) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

6. | Debtors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Trade debtors | 2,066 |  | 9,630 |  |

| Other debtors | 294,704 |  | 238,314 |  |

296,770 |  | 247,944 |  |

7. | Creditors: amounts falling due within one year |

2025 | 2024 |

£ | £ |

| Bank loan and overdrafts | 10,000 |  | 10,000 |  |

| Trade creditors | 2,323 |  | 2,835 |  |

| Taxation and social security | 84,244 |  | 64,799 |  |

| Other creditors | 5,446 |  | 3,927 |  |

102,013 |  | 81,561 |  |

8. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

£ | £ |

| Bank loan | 1,665 |  | 11,665 |  |

9. | Provisions for liabilities

2025 | 2024 |

£ | £ |

| Other provisions | 38,604 |  | 35,250 |  |

| Other |

| provisions |

£ |

| Balance at 1 May 2024 | 35,250 |  |

| Charge to Statement of Income and Retained Earnings during year | 3,354 |  |

| Balance at 30 April 2025 | 38,604 |  |

10. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | 1 | 100 |  | 100 |  |

| Paul Cliff Financial Management Ltd (Registered number: 04407302) |

Notes to the Financial Statements - continued

for the Year Ended 30 April 2025

11. | Directors' advances, credits and guarantees

| The following advances and credits to directors subsisted during the years ended 30 April 2025 and 30 April 2024:

2025 | 2024 |

£ | £ |

| P N Cliff and P E Cliff

| Balance outstanding at start of year | 186,957 |  | 136,665 |  |

| Amounts advanced | 182,944 |  | 167,163 |  |

| Amounts repaid | (119,115 | ) | (116,871 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 250,786 |  | 186,957 |  |