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Registration number: SC679195

Hastie Wealth Management Ltd
Unaudited Filleted Financial Statements
for the Year Ended 31 October 2025

Hastie Wealth Management Ltd

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8
Accountants' Report | 9

Hastie Wealth Management Ltd

Company Information

Director | Mrs Lynne Hastie

Registered office | Unit 4B Gateway Business Park Beancross Road Grangemouth Stirlingshire Scotland FK3 8WX

Accountants | EQ Accountants Ltd Unit 4B Gateway Business Park Beancross Road Grangemouth FK3 8WX

Hastie Wealth Management Ltd

(Registration number: SC679195)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 240,000 | 270,000
Tangible assets | 5 | 3,431 | 4,787
|  | 243,431 | 274,787
Current assets |  |  |
Debtors | 6 | 34,152 | 28,171
Cash at bank and in hand |  | 125,338 | 58,003
|  | 159,490 | 86,174
Creditors: Amounts falling due within one year | 9 | (86,905) | (147,648)
Net current assets/(liabilities) |  | 72,585 | (61,474)
Total assets less current liabilities |  | 316,016 | 213,313
Creditors: Amounts falling due after more than one year | 9 | - | (25,600)
Provisions for liabilities |  | (858) | (1,197)
Net assets |  | 315,158 | 186,516
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 315,058 | 186,416
Shareholders' funds |  | 315,158 | 186,516

For the financial year ending 31 October 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 her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and 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 20 January 2026

......................................... Mrs Lynne Hastie Director

Hastie Wealth Management Ltd

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

1 | General information

The company is a private company limited by share capital, incorporated in Scotland.

2 | Accounting policies

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.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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.

Hastie Wealth Management Ltd

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

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
Computer equipment | 33% straight line
Plant and machinery | 25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class | Amortisation method and rate
Goodwill | Straight-line 10 years

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.

Financial instruments

Classification
Financial instruments are classified and accounted for, according to the substance of the contractual
arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any
contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Hastie Wealth Management Ltd

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

3 | Employees and Directors

The average number of persons employed by the company (including the director) during the year, was 3 (2024 - 3).

Hastie Wealth Management Ltd

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

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 November 2024 | 300,000 | 300,000
At 31 October 2025 | 300,000 | 300,000
Amortisation
At 1 November 2024 | 30,000 | 30,000
Amortisation charge | 30,000 | 30,000
At 31 October 2025 | 60,000 | 60,000
Carrying amount
At 31 October 2025 | 240,000 | 240,000
At 31 October 2024 | 270,000 | 270,000

5 | Tangible assets

| Plant and machinery £ | Office equipment £ | Total £
Cost or valuation
At 1 November 2024 | 9,097 | 2,246 | 11,343
Additions | - | 1,498 | 1,498
At 31 October 2025 | 9,097 | 3,744 | 12,841
Depreciation
At 1 November 2024 | 4,473 | 2,083 | 6,556
Charge for the year | 2,274 | 580 | 2,854
At 31 October 2025 | 6,747 | 2,663 | 9,410
Carrying amount
At 31 October 2025 | 2,350 | 1,081 | 3,431
At 31 October 2024 | 4,624 | 163 | 4,787

6 | Debtors

Hastie Wealth Management Ltd

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

Current | 2025 £ | 2024 £
Trade debtors | 34,114 | 28,171
Other debtors | 38 | -
| 34,152 | 28,171

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | - | 25,600

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 25,600 | 75,000

Hastie Wealth Management Ltd

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

8 | Related party transactions

Creditors include the following amounts which are owed to individuals who were directors of the company during the year:

| 2025 £ | 2024 £
Mrs Lynne Hastie | 6,743 | 32,538
| 6,743 | 32,538

The maximum balance outstanding during the year amounted to £32,358.
The director's current account is repayable on demand.

9 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | 25,600 | 75,000
Taxation and social security |  | 56,299 | 40,110
Other creditors |  | 5,006 | 32,538
|  | 86,905 | 147,648

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | - | 25,600

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
Hastie Wealth Management Ltd
for the Year Ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Hastie Wealth Management Ltd for the year ended 31 October 2025 as set out on pages 2 to 8 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the Board of Directors of Hastie Wealth Management Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Hastie Wealth Management Ltd and state those matters that we have agreed to state to the Board of Directors of Hastie Wealth Management Ltd, as a body, in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Hastie Wealth Management Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Hastie Wealth Management Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Hastie Wealth Management Ltd. You consider that Hastie Wealth Management 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 accounts of Hastie Wealth Management 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 accounts.

......................................
EQ Accountants Ltd
Unit 4B
Gateway Business Park
Beancross Road
Grangemouth
FK3 8WX

20 January 2026