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Registration number: 09283873

Baggerman Wealth Management Ltd.
Unaudited Filleted Financial Statements
for the Year Ended 31 December 2025

Baggerman Wealth Management Ltd.

Contents

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

Baggerman Wealth Management Ltd.

(Registration number: 09283873)
Balance Sheet as at 31 December 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Intangible assets | 4 | 2,758,151 | 3,086,893
Tangible assets | 5 | 170,543 | 6,391
|  | 2,928,694 | 3,093,284
Current assets |  |  |
Debtors | 6 | 875,623 | 475,401
Cash at bank and in hand |  | 219,904 | 290,192
|  | 1,095,527 | 765,593
Creditors: Amounts falling due within one year | 7 | (809,614) | (829,908)
Net current assets/(liabilities) |  | 285,913 | (64,315)
Total assets less current liabilities |  | 3,214,607 | 3,028,969
Creditors: Amounts falling due after more than one year | 7 | (3,171,151) | (3,027,041)
Provisions for liabilities |  | (42,636) | (1,598)
Net assets |  | 820 | 330
Capital and reserves |  |  |
Called up share capital |  | 10 | 10
Retained earnings |  | 810 | 320
Shareholders' funds |  | 820 | 330

Baggerman Wealth Management Ltd.

(Registration number: 09283873)
Balance Sheet as at 31 December 2025

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.

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 his 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 April 2026

......................................... J B Baggerman Director

Baggerman Wealth Management Ltd.

Notes to the 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 and Wales.

The address of its registered office is:
5 West Mills Yard
Newbury
Berkshire
RG14 5LP

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 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 provision of financial intermediation services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises current tax payable and deferred tax.

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.

Baggerman Wealth Management Ltd.

Notes to the Financial Statements for the Year Ended 31 December 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
Office equipment | 25% straight line.

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 | 5% straight line.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Baggerman Wealth Management Ltd.

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

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.

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.

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 10 (2024 - 8).

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 January 2025 | 6,813,449 | 6,813,449
Additions acquired separately | 47,960 | 47,960
Disposals | (109,869) | (109,869)
At 31 December 2025 | 6,751,540 | 6,751,540
Amortisation
At 1 January 2025 | 3,726,556 | 3,726,556
Amortisation charge | 336,493 | 336,493
Amortisation eliminated on disposals | (69,660) | (69,660)
At 31 December 2025 | 3,993,389 | 3,993,389
Carrying amount
At 31 December 2025 | 2,758,151 | 2,758,151
At 31 December 2024 | 3,086,893 | 3,086,893

Baggerman Wealth Management Ltd.

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

5 | Tangible assets

| Office equipment £ | Motor vehicles £ | Total £
Cost or valuation
At 1 January 2025 | 47,527 | - | 47,527
Additions | 3,527 | 172,980 | 176,507
At 31 December 2025 | 51,054 | 172,980 | 224,034
Depreciation
At 1 January 2025 | 41,136 | - | 41,136
Charge for the year | 4,108 | 8,247 | 12,355
At 31 December 2025 | 45,244 | 8,247 | 53,491
Carrying amount
At 31 December 2025 | 5,810 | 164,733 | 170,543
At 31 December 2024 | 6,391 | - | 6,391

6 | Debtors

| Note | 2025 £ | 2024 £
Trade debtors |  | 6,475 | -
Amounts owed by related parties | 9 | 230,713 | 242,046
Other debtors |  | 638,435 | 233,355
|  | 875,623 | 475,401

Baggerman Wealth Management Ltd.

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

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 320,147 | 528,000
Trade creditors |  | 4,359 | 4,359
Taxation and social security |  | 193,079 | 254,877
Other creditors |  | 292,029 | 42,672
|  | 809,614 | 829,908

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 8 | 3,171,151 | 3,027,041

8 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 296,679 | 528,000
Hire purchase contracts | 23,468 | -
| 320,147 | 528,000

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 3,042,805 | 3,027,041
Hire purchase contracts | 128,346 | -
| 3,171,151 | 3,027,041

Baggerman Wealth Management Ltd.

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

9 | Related party transactions

At the balance sheet date there was an amount owed from Baggerman Property Services Ltd (an entity under the control of key management personnel) of £230,713 (2024: £242,046).

Transactions with the director

2025 | At 1 January 2025 £ | Advances to director £ | Repayments by director £ | At 31 December 2025 £
J B Baggerman
Directors loan account | 30,019 | 382,617 | (520) | 412,117

2024 | At 1 January 2024 £ | Advances to director £ | Repayments by director £ | At 31 December 2024 £
J B Baggerman
Directors loan account | (3,833) | 34,372 | (520) | 30,019