Registrar

Registration number: 03361861

Grangewood Financial Management Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 6

Grangewood Financial Management Limited

Company Information

Directors

S Harragan

Company secretary

C M Harragan

Registered office

Heybridge Business Centre 110 The Causeway Heybridge Maldon Essex CM9 4ND

Bankers

Santander 21 Prescot Street London E1 8AD

Accountants

Lambert Chapman LLP 3 Warners Mill Silks Way Braintree Essex CM7 3GB

Grangewood Financial Management Limited

(Registration number: 03361861)
Balance Sheet as at 30 April 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	3,123	3,716
Other financial assets	5	622	251
		3,745	3,967
Current assets
Debtors	6	9,931	9,023
Cash at bank and in hand		106,355	147,558
		116,286	156,581
Creditors: Amounts falling due within one year	7	(40,573)	(46,165)
Net current assets		75,713	110,416
Net assets		79,458	114,383
Capital and reserves
Called up share capital		100	100
Retained earnings		79,358	114,283
Shareholders' funds		79,458	114,383

For the financial year ending 30 April 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 3 June 2026
 

S Harragan
Director

Grangewood Financial Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

1	General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is: Heybridge Business Centre, 110 The Causeway, Heybridge, Maldon, Essex, CM9 4ND.

These financial statements were authorised for issue by the director on 3 June 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention.

These financial statements are presented in Sterling (£), which is the company's functional currency.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for financial planning and wealth management services.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Tax

Current Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation.

Depreciation

Depreciation is charged so as to write off the cost or valuation of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Computer equipment	25% reducing balance

Grangewood Financial Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

Investments

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price.

Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Share capital

Ordinary shares are classified as equity.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 5 (2025 - 5).

Grangewood Financial Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

4	Tangible assets

	Office equipment  £	Total £
Cost or valuation
At 1 May 2025	12,044	12,044
Additions	424	424
At 30 April 2026	12,468	12,468
Depreciation
At 1 May 2025	8,328	8,328
Charge for the year	1,017	1,017
At 30 April 2026	9,345	9,345
Carrying amount
At 30 April 2026	3,123	3,123
At 30 April 2025	3,716	3,716

5	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
At 1 May 2025	251	251
Fair value adjustments	371	371
At 30 April 2026	622	622

6

Debtors

	2026 £	2025 £
Trade debtors	7,548	1,870
Prepayments	2,039	6,809
Other debtors	344	344
	9,931	9,023

Grangewood Financial Management Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2026

7

Creditors

Creditors: amounts falling due within one year

	2026 £	2025 £
Due within one year
Trade creditors	166	263
Taxation and social security	1,238	2,474
Corporation tax	36,133	39,746
Accruals and deferred income	1,875	2,669
Other creditors	537	701
Directors loan	624	312
	40,573	46,165