Company registration number: SC666842
Annual report and unaudited financial statements
for the year ended 31 March 2026
for
Renton Wealth Management Ltd
Pages for filing with the Registrar
Company registration number: SC666842
Renton Wealth Management Ltd
Balance sheet
as at 31 March 2026
2026 2025
Note £ £ £ £
Fixed assets
Goodwill 4 236,333 279,350
Tangible assets 6 5,214 3,114
241,547 282,464
Current assets
Debtors 7,134 6,434
Cash at bank and in hand 34,976 44,155
42,110 50,589
Creditors: amounts falling due within one
year
(100,979) (41,881)
Net current (liabilities)/assets (58,869) 8,708
Total assets less current liabilities 182,678 291,172
Creditors: Amounts falling due after more
than one year
(182,618) (291,035)
NET ASSETS 60 137
Capital and reserves
Called up share capital 100 100
Profit and loss account (40) 37
TOTAL EQUITY 60 137
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the year ended 31 March 2026.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: SC666842
Renton Wealth Management Ltd
Balance sheet - continued
as at 31 March 2026
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
In accordance with Section 444 of the Companies Act 2006, the Profit and loss account has not been delivered to the Registrar.
Signed by:
Mr C Renton, Director
8 April 2026
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Renton Wealth Management Ltd
Notes to the financial statements
for the year ended 31 March 2026
1 Company information
Renton Wealth Management Ltd is a private company registered in Scotland. Its registered number is SC666842. The company is limited by shares. Its registered office is 13 Wymet Gardens, Dalkeith, Midlothian, EH22 1FL.
2 Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” including the provisions of Section 1A “Small Entities” and the Companies Act 2006. The financial statements have been prepared under the historic cost convention.
Presentation currency
The company's financial statements are presented in sterling.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
Goodwill
Goodwill is being amortised on the following basis: 10% straight line.
Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
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Renton Wealth Management Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
2 Accounting policies - continued
Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc.:
Computer Equipment - 20% straight line
Taxation
Taxation for the year comprises current taxation. Tax is recognised in the Profit and loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.
Current taxation assets and liabilities are not discounted.
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.
Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.
The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3 Average number of employees
During the year the average number of employees was 1 (2025 - 1).
4 Goodwill
£
Cost
At 1 April 2025 351,000
At 31 March 2026 351,000
Amortisation
At 1 April 2025 71,650
Charge for year 43,017
At 31 March 2026 114,667
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Renton Wealth Management Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
4 Goodwill - continued
Net book value
At 31 March 2026 236,333
At 31 March 2025 279,350
5 Other intangible assets
Other
intangible
assets
£
Cost
At 1 April 2025 -
At 31 March 2026 -
Amortisation
At 1 April 2025 -
Charge for year -
At 31 March 2026 -
Net book value
At 31 March 2026 -
At 31 March 2025 -
6 Tangible fixed assets
Plant and
machinery
etc.
£
Cost
At 1 April 2025 5,050
Additions 3,785
At 31 March 2026 8,835
5
Renton Wealth Management Ltd
Notes to the financial statements - continued
for the year ended 31 March 2026
6 Tangible fixed assets - continued
Depreciation
At 1 April 2025 1,936
Charge for year 1,685
At 31 March 2026 3,621
Net book value
At 31 March 2026 5,214
At 31 March 2025 3,114
7 Advances, credit and guarantees granted to the director
The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025.
2026 2025
£ £
Mr C Renton
Amounts advanced 7,134 -
Balance outstanding at end of year 7,134 -
Directors Loan has been repaid with in 9 months of the year end, it was interest free.
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