IRIS Accounts Production v26.1.10.61 14407948 director 1.4.25 31.3.26 31.3.26 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 14407948 2025-03-31 14407948 2026-03-31 14407948 2025-04-01 2026-03-31 14407948 2024-03-31 14407948 2024-04-01 2025-03-31 14407948 2025-03-31 14407948 ns15:EnglandWales 2025-04-01 2026-03-31 14407948 ns14:PoundSterling 2025-04-01 2026-03-31 14407948 ns10:Director1 2025-04-01 2026-03-31 14407948 ns10:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 14407948 ns10:SmallEntities 2025-04-01 2026-03-31 14407948 ns10:AuditExempt-NoAccountantsReport 2025-04-01 2026-03-31 14407948 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-01 2026-03-31 14407948 ns10:SmallCompaniesRegimeForAccounts 2025-04-01 2026-03-31 14407948 ns10:FullAccounts 2025-04-01 2026-03-31 14407948 1 2025-04-01 2026-03-31 14407948 ns10:RegisteredOffice 2025-04-01 2026-03-31 14407948 ns5:CurrentFinancialInstruments 2026-03-31 14407948 ns5:CurrentFinancialInstruments 2025-03-31 14407948 ns5:Non-currentFinancialInstruments 2026-03-31 14407948 ns5:Non-currentFinancialInstruments 2025-03-31 14407948 ns5:ShareCapital 2026-03-31 14407948 ns5:ShareCapital 2025-03-31 14407948 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 14407948 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 14407948 ns5:NetGoodwill 2025-04-01 2026-03-31 14407948 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-01 2026-03-31 14407948 ns5:ComputerEquipment 2025-04-01 2026-03-31 14407948 ns5:NetGoodwill 2025-03-31 14407948 ns5:NetGoodwill 2026-03-31 14407948 ns5:NetGoodwill 2025-03-31 14407948 ns5:ComputerEquipment 2025-03-31 14407948 ns5:ComputerEquipment 2026-03-31 14407948 ns5:ComputerEquipment 2025-03-31 14407948 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 14407948 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31

REGISTERED NUMBER: 14407948 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

CHAPEL WEALTH MANAGEMENT GROUP LTD

CHAPEL WEALTH MANAGEMENT GROUP LTD (REGISTERED NUMBER: 14407948) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| CHAPEL WEALTH MANAGEMENT GROUP LTD |

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2026

| DIRECTOR: | A J Burns

| REGISTERED OFFICE: | 31 High Street

| Haverhill

| Suffolk

| CB9 8AD

| REGISTERED NUMBER: | 14407948 (England and Wales)

| ACCOUNTANTS: | Streets Hackett Griffey LLP

| Accountants & Business Advisers

| 31 High Street

| Haverhill

| Suffolk

| CB9 8AD

CHAPEL WEALTH MANAGEMENT GROUP LTD (REGISTERED NUMBER: 14407948) |

BALANCE SHEET

31 MARCH 2026

| 2026 | 2025 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 8,776,025 |  | 8,776,025 |  |

Tangible assets | 5 | 11,407 |  | 15,497 |  |

8,787,432 |  | 8,791,522 |  |

CURRENT ASSETS

Debtors | 6 | 319,279 |  | 256,274 |  |

Cash at bank | 467,414 |  | 197,223 |  |

786,693 |  | 453,497 |  |

CREDITORS

Amounts falling due within one year | 7 | 2,534,810 |  | 2,432,927 |  |

NET CURRENT LIABILITIES | (1,748,117 | ) | (1,979,430 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 7,039,315 |  | 6,812,092 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (4,313,171 | ) | (5,181,339 | ) |

PROVISIONS FOR LIABILITIES | (2,851 | ) | (3,874 | ) |

NET ASSETS | 2,723,293 |  | 1,626,879 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 2,723,193 |  | 1,626,779 |  |

SHAREHOLDERS' FUNDS | 2,723,293 |  | 1,626,879 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CHAPEL WEALTH MANAGEMENT GROUP LTD (REGISTERED NUMBER: 14407948) |

BALANCE SHEET - continued

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 May 2026 and were signed by:

A J Burns - Director

CHAPEL WEALTH MANAGEMENT GROUP LTD (REGISTERED NUMBER: 14407948) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

1. | STATUTORY INFORMATION

| Chapel Wealth Management Group Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

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 historical cost convention.

| The company has reported a strong set of results and healthy profit for the accounting period, but has significant net current liabilities. The reason is that the company has acquired the goodwill of a number of businesses which sits as a fixed asset on the balance sheet but with payments for the consideration falling due within one year. The director is confident that sufficient funding is in place to meet these liabilities and so considers it appropriate to prepare the financial statements on the basis that the company is a going concern.

| Preparation of consolidated financial statements

| The financial statements contain information about Chapel Wealth Management Group Ltd as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

| Turnover

| Turnover is the amount derived from ordinary activities, stated after trade discounts, other sales taxes and net of VAT.

| Goodwill

| The policy of the company is to recognise goodwill at cost, less impairment and to amortise it over its estimated useful life.

| The company is a St James Place partner business. There is an active market for St James Place partner businesses and the residual value of the goodwill can be reliably determined by reference to that market and it is probable that this market will exist at the end of the goodwill's useful life.

| As the director considers that the goodwill has a residual value in excess of its historical cost, no provision for amortisation has been made.

| 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.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Computer & office equipment | - | 25% on cost

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost, less impairment.

CHAPEL WEALTH MANAGEMENT GROUP LTD (REGISTERED NUMBER: 14407948) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| Current or deferred 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.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

| Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

| Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

| Hire purchase and leasing commitments

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 14 (2025 - 15 ) .

4. | INTANGIBLE FIXED ASSETS

| Goodwill

£ |

| COST

| At 1 April 2025

| and 31 March 2026 | 8,776,025 |  |

| NET BOOK VALUE

| At 31 March 2026 | 8,776,025 |  |

| At 31 March 2025 | 8,776,025 |  |

CHAPEL WEALTH MANAGEMENT GROUP LTD (REGISTERED NUMBER: 14407948) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

5. | TANGIBLE FIXED ASSETS

| Computer

| & office

| equipment

£ |

| COST

| At 1 April 2025 | 21,058 |  |

| Additions | 1,524 |  |

| At 31 March 2026 | 22,582 |  |

| DEPRECIATION

| At 1 April 2025 | 5,561 |  |

| Charge for year | 5,614 |  |

| At 31 March 2026 | 11,175 |  |

| NET BOOK VALUE

| At 31 March 2026 | 11,407 |  |

| At 31 March 2025 | 15,497 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Trade debtors | 311,947 |  | 248,942 |  |

| Other debtors | 7,332 |  | 7,332 |  |

319,279 |  | 256,274 |  |

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans and overdrafts | 596,997 |  | 617,967 |  |

| Trade creditors | - |  | 5,557 |  |

| Taxation and social security | 381,049 |  | 358,184 |  |

| Other creditors | 1,556,764 |  | 1,451,219 |  |

2,534,810 |  | 2,432,927 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2026 | 2025 |

£ | £ |

| Bank loans | 4,211,253 |  | 4,310,411 |  |

| Other creditors | 101,918 |  | 870,928 |  |

4,313,171 |  | 5,181,339 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans - over 5 years | 1,837,549 |  | 1,846,713 |  |

CHAPEL WEALTH MANAGEMENT GROUP LTD (REGISTERED NUMBER: 14407948) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2026

9. | OTHER FINANCIAL COMMITMENTS

| The total amount of financial commitments, guarantees and contingencies that are not included in the balance sheet is £85,599 (2025:£87,902).