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COMPANY REGISTRATION NUMBER: 09012560

A J Pugh Wealth Management Limited

Filleted Unaudited Financial Statements

30 April 2025

A J Pugh Wealth Management Limited

Financial Statements

Year ended 30 April 2025

Contents | Pages

Officers and professional advisers | 1

Chartered accountants report to the director on the preparation of the unaudited statutory financial statements | 2

Statement of financial position | 3 to 4

Notes to the financial statements | 5 to 8

A J Pugh Wealth Management Limited

Officers and Professional Advisers

Director | A Pugh

Registered Office | Tudor House
| 37a Birmingham New Road
| Wolverhampton
| WV4 6BL

Accountants | Howell Davies Limited
| Chartered Accountants
| Tudor House
| 37a Birmingham New Road
| Wolverhampton
| West Midlands
| WV4 6BL

A J Pugh Wealth Management Limited

Chartered Accountants Report to the Director on the Preparation of the Unaudited Statutory Financial Statements of A J Pugh Wealth Management Limited

Year ended 30 April 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A J Pugh Wealth Management Limited for the year ended 30 April 2025, which comprise the statement of financial position 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/membership/regulations-standards-and-guidance. Our work has been undertaken in accordance with ICAEW Technical Release 07/16 AAF as detailed at www.icaew.com/compilation. Howell Davies Limited Chartered Accountants
Tudor House 37a Birmingham New Road Wolverhampton West Midlands WV4 6BL
21 January 2026

A J Pugh Wealth Management Limited

Statement of Financial Position

30 April 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed Assets

Tangible assets | 6 |  | 1,500 |  | 78,576

Current Assets

Debtors | 7 | – |  | 20,072 |
Cash at bank and in hand | 1,723 |  | 1,648 |
| ------- |  | -------- |
| 1,723 |  | 21,720 |

Creditors: amounts falling due within one year | 8 | 24,705 |  | 30,650 |
| -------- |  | -------- |
Net Current Liabilities |  | 22,982 |  | 8,930
|  | -------- |  | --------
Total Assets Less Current Liabilities |  | ( 21,482) |  | 69,646

Creditors: amounts falling due after more than one year | 9 |  | – |  | 88,775
|  | -------- |  | --------
Net Liabilities |  | ( 21,482) |  | ( 19,129)
|  | -------- |  | --------

Capital and Reserves

Called up share capital |  | 10 |  | 10
Profit and loss account |  | ( 21,492) |  | ( 19,139)
|  | -------- |  | --------
Shareholders Deficit |  | ( 21,482) |  | ( 19,129)
|  | -------- |  | --------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 April 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 financial statements for the year in question in accordance with section 476 ;
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

A J Pugh Wealth Management Limited

Statement of Financial Position (continued)

30 April 2025
These financial statements were approved by the board of directors and authorised for issue on 21 January 2026 , and are signed on behalf of the board by:

A Pugh |
Director |

Company registration number: 09012560

A J Pugh Wealth Management Limited

Notes to the Financial Statements

Year ended 30 April 2025
1. General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Tudor House, 37a Birmingham New Road, Wolverhampton, WV4 6BL.
2. Statement of Compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue Recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Income Tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Tangible Assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Office Equipment | - | 25% straight line
| Motor Vehicle | - | 25% reducing balance
| Computer Equipment | - | 33% straight line

Impairment of Fixed Assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs.
Finance Leases and Hire Purchase Contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
4. Employee Numbers
The average number of persons employed by the company during the year amounted to 1 (2024: 2 ).
5. Tax on Loss
Major components of tax expense/(income)

| 2025 | 2024
| £ | £

Current tax:

UK current tax expense | – | 7,954
Late payment interest | 103 | 442
| ---- | -------
Total current tax | 103 | 8,396
| ---- | -------

Deferred tax:

Origination and reversal of timing differences | – | ( 18,806)
| ---- | --------
Tax on loss | 103 | ( 10,410)
| ---- | --------

6. Tangible Assets

| Office Equipment | Motor vehicles | Computer Equipment | Total
| £ | £ | £ | £

Cost |  |  |  |
At 1 May 2024 | 3,929 | 117,588 | 9,726 | 131,243
Disposals | – | ( 117,588) | – | ( 117,588)
| ------- | --------- | ------- | ---------
At 30 April 2025 | 3,929 | – | 9,726 | 13,655
| ------- | --------- | ------- | ---------
Depreciation |  |  |  |
At 1 May 2024 | 3,043 | 42,258 | 7,366 | 52,667
Charge for the year | 412 | – | 1,334 | 1,746
Disposals | – | ( 42,258) | – | ( 42,258)
| ------- | --------- | ------- | ---------
At 30 April 2025 | 3,455 | – | 8,700 | 12,155
| ------- | --------- | ------- | ---------
Carrying amount |  |  |  |
At 30 April 2025 | 474 | – | 1,026 | 1,500
| ------- | --------- | ------- | ---------
At 30 April 2024 | 886 | 75,330 | 2,360 | 78,576
| ------- | --------- | ------- | ---------

7. Debtors

| 2025 | 2024
| £ | £

Prepayments and accrued income | – | 15,284
Director's loan account | – | 4,788
| ---- | --------
| – | 20,072
| ---- | --------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £

Accruals and deferred income | 1,380 | 2,700
Corporation tax | – | 7,953
Social security and other taxes | 490 | 139
Obligations under finance leases and hire purchase contracts | – | 19,858
Director loan accounts | 22,835 | –
| -------- | --------
| 24,705 | 30,650
| -------- | --------

9. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £

Obligations under finance leases and hire purchase contracts | – | 88,775
| ---- | --------

10. Finance Leases and Hire Purchase Contracts
The total future minimum lease payments under finance leases and hire purchase contracts are as follows:

| 2025 | 2024
| £ | £

Not later than 1 year | – | 19,858
Later than 1 year and not later than 5 years | – | 88,775
| ---- | ---------
| – | 108,633
| ---- | ---------

11. Director's Advances, Credits and Guarantees
12. Related Party Transactions
The company was under the control of Mr A Pugh and Mrs D Pugh throughout the current and previous year. Mr A Pugh is the sole director of the company.