JUNE MURRAY WEALTH MANAGEMENT LTD


Director	MURRAY, June


Registered Address	Mckellar Accountancy, Unit Studio 2001 Mile End Mill, Abbey Mill Business Centre Ltd
	12 Seedhill Road
	Paisley
	PA1 1JS


Registered Number	SC719105 (Scotland)

Balance Sheet as at
31 January 2026

	Notes	2026		2025
		£	£	£	£
Fixed assets
Intangible assets	3		92,058		103,566
			92,058		103,566
Current assets
Debtors		12,746		10,756
Cash at bank and on hand		9,738		267
		22,484		11,023
Creditors amounts falling due within one year	4	(33,920)		(23,529)
Net current assets (liabilities)			(11,436)		(12,506)
Total assets less current liabilities			80,622		91,060
Creditors amounts falling due after one year	5		(80,129)		(90,998)
Net assets			493		62
Capital and reserves
Called up share capital			1		1
Profit and loss account			492		61
Shareholders' funds			493		62

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
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 for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Director on 19 May 2026, and are signed on its behalf by:

MURRAY, June
Director
Registered Company No. SC719105

JUNE MURRAY WEALTH MANAGEMENT LTD

Notes to the Financial Statements
for the year ended 31 January 2026

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services.

	Intangible assets
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

	Goodwill
	Goodwill arising on an acquisition of a business is carried at cost less accumulated impairment losses, if any. Goodwill is amortised over its expected useful life which is estimated to be ten years. Goodwill is assessed for impairment when there are indicators of impairment and any impairment is charged to the income statement. No reversals of impairment are recognised.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Intangible assets
	Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment loss. Any intangibles assets carried at revalued amounts, are recorder at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are recorded at the fair value at the acquisition date. Amortisation Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill - 20% straight line If there is an indication that there has been significant change in amortisation rate, useful or residual value of an intangible asset, the amortisation is revised prospectively to reflect new estimates

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment loss. Any intangibles assets carried at revalued amounts, are recorder at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of  a business combination are recorded at the fair value at the acquisition date.

Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

Goodwill - 20% straight line

If there is an indication that there has been significant change in amortisation rate, useful or residual value of an intangible asset, the amortisation is revised prospectively to reflect new estimates

	Goodwill	Total
	£	£
Cost or valuation
At 01 February 25	115,073	115,073
At 31 January 26	115,073	115,073
Amortisation and impairment
At 01 February 25	11,507	11,507
Charge for year	11,508	11,508
At 31 January 26	23,015	23,015
Net book value
At 31 January 26	92,058	92,058
At 31 January 25	103,566	103,566

4.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	406	-
Bank borrowings and overdrafts	13,821	13,821
Taxation and social security	19,693	9,708
Total	33,920	23,529


	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

5.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	80,129	90,998
Total	80,129	90,998

6.	Directors advances, credits and guarantees

	Brought forward	Amount advanced	Amount repaid	Carried forward
	£	£	£	£
MURRAY, June	0	7,321	0	7,321
	0	7,321	0	7,321