Core Independent Financial Planning Ltd

	Page
Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—5

Registered number: 07388495

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		16,780		14,457

			16,780		14,457
CURRENT ASSETS
Debtors	6	8,312		10,111
Cash at bank and in hand		317,788		279,489

		326,100		289,600
Creditors: Amounts Falling Due Within One Year	7	(71,627 )		(63,971 )

NET CURRENT ASSETS (LIABILITIES)			254,473		225,629

TOTAL ASSETS LESS CURRENT LIABILITIES			271,253		240,086

NET ASSETS			271,253		240,086

CAPITAL AND RESERVES
Called up share capital	8		2		2
Profit and Loss Account			271,251		240,084

SHAREHOLDERS' FUNDS			271,253		240,086

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Core Independent Financial Planning Ltd

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Samuel Appleby

Director

14/05/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Core Independent Financial Planning Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07388495 . The registered office is 24 New Walk, Beverley, East Yorkshire, HU17 7DJ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Significant judgements and estimations

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Although these estimates are based on the Directors' best knowledge of the amount, events or actions, actual results ultimately differ from these estimates. The Directors do not consider there to be any material estimates and judgements.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue is measured at the fair value of the consideration received or receivable and represents the amount receivable for services rendered, net of returns, discounts and rebates allowed by the company.

The company recognises revenue when the amount of revenue can be measured reliably; it is probable that future economic benefits will flow to the entity and when the specific criteria relating to each of the company's sales channels have been met, as described below.

The company provides independent financial services and advice to individuals, these services are provided as a fixed price contract.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	15%, 20%, 33% on cost and 33% on reducing balance
Computer Equipment	25%, 33% on cost and 33% on reducing balance

2.5. Financial Instruments

The company only has financial assets and financial liabilities of a kind that qualify as basic financial instruments. Basic financial instruments, including trade and other debtors and creditors are initially recognised at transaction value and subsequently measured at their settlement value.

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Core Independent Financial Planning Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2025: 5)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 April 2025	270,000

As at 31 March 2026	270,000

Amortisation
As at 1 April 2025	270,000

As at 31 March 2026	270,000

Net Book Value
As at 31 March 2026	-

As at 1 April 2025	-

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	26,632	10,205	36,837
Additions	5,601	7,037	12,638
Disposals	-	(2,588 )	(2,588 )

As at 31 March 2026	32,233	14,654	46,887

Depreciation
As at 1 April 2025	14,326	8,054	22,380
Provided during the period	5,892	4,423	10,315
Disposals	-	(2,588 )	(2,588 )

As at 31 March 2026	20,218	9,889	30,107

Net Book Value
As at 31 March 2026	12,015	4,765	16,780

As at 1 April 2025	12,306	2,151	14,457

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Core Independent Financial Planning Ltd

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Other debtors	8,312	10,111

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Other creditors	2,496	2,359
Taxation and social security	69,131	61,612

	71,627	63,971

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Samuel Appleby	7,500	169,010	(171,450 )	-	5,060

The above loan is unsecured, interest free and repayable on demand.

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