Company registration number 05752425 (England and Wales)
B2B LOANS & MORTGAGES LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
B2B LOANS & MORTGAGES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 7
B2B LOANS & MORTGAGES LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2025
30 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Intangible assets
3
103,596
87,257
Tangible assets
4
22,960
25,658
126,556
112,915
Current assets
Debtors
5
701,397
718,029
Cash at bank and in hand
815,418
742,212
1,516,815
1,460,241
Creditors: amounts falling due within one year
6
(330,066)
(319,413)
Net current assets
1,186,749
1,140,828
Total assets less current liabilities
1,313,305
1,253,743
Creditors: amounts falling due after more than one year
7
-
0
(40,014)
Provisions for liabilities
(23,571)
-
Net assets
1,289,734
1,213,729
Capital and reserves
Called up share capital
8
5,000
5,000
Profit and loss reserves
1,284,734
1,208,729
Total equity
1,289,734
1,213,729

For the financial year ended 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 15 April 2026
Mr D B M Drake
Director
Company registration number 05752425 (England and Wales)
B2B LOANS & MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -
1
Accounting policies
Company information

B2B Loans & Mortgages Limited is a private company limited by shares incorporated in England and Wales. The registered office is Unit 9 Neptune Court, Vanguard Way, Cardiff, CF24 5PJ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover from the arrangement of broker loans is recognised when it is probable that the company will receive the previously agreed upon payment. This criteria is considered to be met at the date of completion of the loan.

1.3
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Intangible assets comprise of internally developed computer software. Such assets are defined as having finite useful lives and the costs are amortised on a straight line basis over their estimated useful lives of 3 years. Intangible assets are stated at cost less amortisation and are reviewed for impairment whenever there is an indication that the carrying value may be impaired.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Software
33% straight line
1.4
Tangible fixed assets

Tangible fixed assets are measured at cost, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
33% straight line
Computers
33% straight line
Motor vehicles
40% straight line
B2B LOANS & MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Retirement benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in the profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

1.8
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease.

B2B LOANS & MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 4 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
38
38
3
Intangible fixed assets
Other
£
Cost
At 1 October 2024
130,886
Additions
89,952
At 30 September 2025
220,838
Amortisation and impairment
At 1 October 2024
43,629
Amortisation charged for the year
73,613
At 30 September 2025
117,242
Carrying amount
At 30 September 2025
103,596
At 30 September 2024
87,257
B2B LOANS & MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 5 -
4
Tangible fixed assets
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
Cost
At 1 October 2024
43,367
188,490
31,883
263,740
Additions
3,269
9,131
-
0
12,400
At 30 September 2025
46,636
197,621
31,883
276,140
Depreciation and impairment
At 1 October 2024
34,918
173,992
29,172
238,082
Depreciation charged in the year
3,987
8,400
2,711
15,098
At 30 September 2025
38,905
182,392
31,883
253,180
Carrying amount
At 30 September 2025
7,731
15,229
-
0
22,960
At 30 September 2024
8,449
14,498
2,711
25,658
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
3,261
407
Amounts owed by group undertakings
515,290
514,910
Other debtors
182,846
200,064
701,397
715,381
2025
2024
Amounts falling due after more than one year:
£
£
Other debtors
-
0
2,648
Total debtors
701,397
718,029
B2B LOANS & MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 6 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans
40,015
52,458
Trade creditors
33,539
38,882
Corporation tax
64,724
44,920
Other taxation and social security
57,212
48,086
Deferred income
-
0
3,170
Other creditors
10,355
9,113
Accruals and deferred income
124,221
122,784
330,066
319,413
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
-
0
40,014
8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
5,000
5,000
5,000
5,000
9
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
160,708
227,208
10
Related party transactions

During the year, the company loaned money to Chaseblue Loans Ltd. a business under common control. At the year end, an amount of £2,777 (2024 - £1,625) was due from the related party and is included in debtors; amounts falling due within one year.

During the year, the company loaned money to Savemoneycompare.com Ltd, a business under common control. At the year end, an amount of £5,627 (2024 - £6,399) was due from the related party and is included in debtors; amounts falling due within one year.

B2B LOANS & MORTGAGES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 7 -
11
Directors' transactions

Advances or credits have been granted by the company to its director as follows:

Description
% Rate
Opening balance
Amounts advanced
Amounts repaid
Closing balance
£
£
£
£
Directors Loan
-
6,000
30,493
(1,205)
35,288
6,000
30,493
(1,205)
35,288
12
Parent company

The immediate and ultimate parent undertaking and controlling party is Specialist Mortgage Group Limited, a company incorporated in England and Wales. This is also the parent of the largest and smallest group in which the results of the company are consolidated. Copies of the group financial statements of Specialist Mortgage Group Limited are available from its registered office; Unit 9 Neptune Court, Vanguard Way, Cardiff, CF24 5PJ.

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