REGISTERED NUMBER: 14449632 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

S & K Berry Wealth Management Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

54,228

47,047

Tangible assets

5

14,222

16,548

Investments

6

4,042,353

4,042,353

4,110,803

4,105,948

CURRENT ASSETS

Debtors

7

189,051

157,159

Cash at bank and in hand

1,033,462

406,007

1,222,513

563,166

CREDITORS

Amounts falling due within one year

8

1,388,755

714,370

NET CURRENT LIABILITIES

(166,242

)

(151,204

)

TOTAL ASSETS LESS CURRENT LIABILITIES

3,944,561

3,954,744

CREDITORS

Amounts falling due after more than one year

9

(2,196,680

)

(3,162,863

)

PROVISIONS FOR LIABILITIES

(3,555

)

(4,137

)

NET ASSETS

1,744,326

787,744

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,744,226

787,644

1,744,326

787,744

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 29 May 2026 and were signed on its behalf by:

S N Berry - Director

Mrs K J Berry - Director

R G Stalker - Director

P Power - Director

1.	STATUTORY INFORMATION

S & K Berry Wealth Management Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

14449632

Registered office:

5 Woodside Mews

Clayton Wood Close

Leeds

West Yorkshire

LS16 6QE

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.

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

Purchased goodwill 1 March 2023 is to be amortised over its remaining residual life of 22 months.

Purchased goodwill is initially recognized at cost, and is subject to annual impairment review, and is amortized on a straight line basis based on an expected life of 10 years.

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.

Fixtures and fittings

-

25% on reducing balance

Computer equipment

-

33% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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.

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.

Financial instruments

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest method.

Trade creditors are obligations to pay for goods and services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are initially recognised at transaction price and subsequently measured at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2024 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

62,935

Additions

20,000

At 31 December 2025

82,935

AMORTISATION

At 1 January 2025

15,888

Amortisation for year

12,819

At 31 December 2025

28,707

NET BOOK VALUE

At 31 December 2025

54,228

At 31 December 2024

47,047

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 January 2025

13,567

14,412

27,979

Additions

-

3,716

3,716

At 31 December 2025

13,567

18,128

31,695

DEPRECIATION

At 1 January 2025

5,512

5,919

11,431

Charge for year

2,013

4,029

6,042

At 31 December 2025

7,525

9,948

17,473

NET BOOK VALUE

At 31 December 2025

6,042

8,180

14,222

At 31 December 2024

8,055

8,493

16,548

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2025

and 31 December 2025

4,042,353

NET BOOK VALUE

At 31 December 2025

4,042,353

At 31 December 2024

4,042,353

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Trade debtors

186,647

155,005

Other debtors

2,404

2,154

189,051

157,159

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

£

Amounts owed to group undertakings

3,325

3,325

Taxation and social security

366,171

247,715

Other creditors

1,019,259

463,330

1,388,755

714,370

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.25

31.12.24

£

£

Other creditors

2,196,680

3,162,863

Amounts falling due in more than five years:

Repayable by instalments

Other loans more 5yrs instal

771,472

1,127,877