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Registrar

Registration number: 03029164

Fiducia Wealth Management Limited
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Fiducia Wealth Management Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

Fiducia Wealth Management Limited

Company Information

Directors | S E Laws J Millican G Kearney B C Gant

Registered office | Dedham Hall Business Centre Brook Street Dedham Essex CO7 6AD

Bankers | Handelsbanken Greenwood House 91 - 99 New London Road Chelmsford Essex CM2 0PP

Accountants | Lambert Chapman LLP 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Fiducia Wealth Management Limited

(Registration number: 03029164)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 36,039 | -
Tangible assets | 5 | 22,726 | 9,916
|  | 58,765 | 9,916
Current assets |  |  |
Debtors | 6 | 164,183 | 54,701
Cash at bank and in hand |  | 283,022 | 275,145
|  | 447,205 | 329,846
Creditors: Amounts falling due within one year | 7 | (249,769) | (147,367)
Net current assets |  | 197,436 | 182,479
Total assets less current liabilities |  | 256,201 | 192,395
Provisions for liabilities |  | (6,334) | -
Net assets |  | 249,867 | 192,395
Capital and reserves |  |  |
Called up share capital | 8 | 10,001 | 10,001
Retained earnings |  | 239,866 | 182,394
Shareholders' funds |  | 249,867 | 192,395

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

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 16 April 2026 and signed on its behalf by:

G Kearney
Director

Fiducia Wealth Management Limited

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

1 | General information

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

The address of its registered office is: Dedham Hall Business Centre, Brook Street, Dedham, Essex, CO7 6AD.

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.
These financial statements are presented in Sterling (£), which is the company's functional currency.

Summary of disclosure exemptions

The company has taken exemption from disclosing transactions with other members of wholly owned groups under Section 33.1a of FRS 102.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of financial planning and advisory services in the ordinary course of the company’s activities.
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

Current Tax is recognised in the profit and loss account, 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 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 tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Fiducia Wealth Management Limited

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

Depreciation

Depreciation is charged so as to write off the cost of assets, over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Leasehold property | 10% Straight line method
Office equipment | 33% Straight line method
Fixtures and fittings | 15% Straight line method

Intangible assets

Separately acquired trademarks and licences are shown at historical cost.
Trademarks, licences (including software) and customer-related intangible assets acquired in a business combination are recognised at fair value at the acquisition date.
Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation and any accumulated impairment losses.

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
Client list | 10% Straight line method

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

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

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors 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.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity.

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.

Fiducia Wealth Management Limited

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

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.

Employee holiday pay accrual

The holiday year for the company ends at the reporting date.
Any unused holiday by employees is carried forward but must be used by the end of the following January. The cost of any unused entitlement is recognised in the period in which the employee's services are received.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 18 (2024 - 18).

4 | Intangible assets

| Client list £ | Total £
Cost or valuation
Additions acquired separately | 37,936 | 37,936
At 31 December 2025 | 37,936 | 37,936
Amortisation
Amortisation charge | 1,897 | 1,897
At 31 December 2025 | 1,897 | 1,897
Carrying amount
At 31 December 2025 | 36,039 | 36,039

Fiducia Wealth Management Limited

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

5 | Tangible assets

| Land and buildings £ | Office equipment £ | Fixtures and fittings £ | Total £
Cost or valuation
At 1 January 2025 | 8,320 | 12,719 | 27,953 | 48,992
Additions | - | 17,543 | - | 17,543
At 31 December 2025 | 8,320 | 30,262 | 27,953 | 66,535
Depreciation
At 1 January 2025 | 2,565 | 12,622 | 23,889 | 39,076
Charge for the year | 832 | 2,768 | 1,133 | 4,733
At 31 December 2025 | 3,397 | 15,390 | 25,022 | 43,809
Carrying amount
At 31 December 2025 | 4,923 | 14,872 | 2,931 | 22,726
At 31 December 2024 | 5,755 | 97 | 4,064 | 9,916

Included within the net book value of land and buildings above is £4,923 (2024 - £5,755) in respect of leasehold land and buildings.

6 | Debtors

| Note | 2025 £ | 2024 £
Trade debtors |  | 9,254 | 8,345
Amounts owed by group undertakings |  | 109,836 | -
Other debtors |  | 20,701 | 36,126
Directors loan | 10 | 17,728 | 5,000
Prepayments and accrued income |  | 6,664 | 5,229
|  | 164,183 | 54,700

Fiducia Wealth Management Limited

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

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Due within one year |  |
Trade creditors | 48,011 | 4,580
Taxation and social security | 149,464 | 107,696
Other creditors | 17,225 | 13,505
Accruals and deferred income | 35,069 | 21,586
| 249,769 | 147,367

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £1 each | 10,001 | 10,001 | 10,001 | 10,001

9 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £174,625 (2024 - £235,125). The financial commitments are in respect minimum lease payments under non-cancellable operating lease for property.

Fiducia Wealth Management Limited

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

10 | Related party transactions

Transactions with directors

2025 | At 1 January 2025 £ | Advances to director £ | Written off £ | At 31 December 2025 £
G Kearney
| - | - | - | -
Directors loan account | 5,000 | 8,864 | (5,000) | 8,864
| 5,000 | 8,864 | (5,000) | 8,864
S E Laws
| - | - | - | -
Directors loan account | - | 8,864 | - | 8,864
| - | 8,864 | - | 8,864

2024 | At 1 January 2024 £ | Advances to director £ | Written off £ | At 31 December 2024 £
G Kearney
Directors loan account | - | 5,000 | - | 5,000
| - | 5,000 | - | 5,000

The directors loan account ins unsecured, interest free and repayable on demand.