REGISTERED NUMBER: 04039863 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Active Financial Planners Limited

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

4

DIRECTORS:

Mr K Pemberton

Mr P R Gibson

Mr S G J Bornold

SECRETARIES:

Mr P R Gibson

Mrs R Pemberton

REGISTERED OFFICE:

Active House 1 Dukes Court

Teesside Industrial Estate

Stockton-On-Tees

TS17 9LR

REGISTERED NUMBER:

04039863 (England and Wales)

ACCOUNTANTS:

Milner Smeaton

Chartered Accountants and Chartered Tax Advisers

Viking House

Falcon Court

Preston Farm

Stockton-on-Tees

TS18 3TS

BANKERS:

Handelsbanken

Lakeside House

Kingfisher Way

Stockton-on-Tees

TS18 3EX

SOLICITORS:

Ward Hadaway

Teesdale Business Park

St Mark's Court

Stockton-On-Tees

Cleveland

TS17 6QP

The directors present their report with the financial statements of the company for the year ended 31 March 2026.

REVIEW OF BUSINESS

The 2025/2026 fiscal year saw significant changes to our organisational structure, having overseen the retirement of shareholding director, Karl Nendick, and Non-Executive Director Gary Lumby MBE after 13 years each of service. They were replaced by renowned international wealth management firm, Soderberg and Partners, investing a minority stake in the business.

This decision supports our long-term strategy to continue growth and development across all areas of the business.

Our continued growth during the year was propelled by the addition of a further Chartered Financial Planner, positive market, and therefore portfolio growth, and strong new client acquisition.

FUTURE DEVELOPMENTS

The 2026/2027 fiscal year is likely to be one of further strategic development, with significant investment in technology planned for the year.

This development, whilst it will bring additional initial costs, should deliver significant operational efficiencies, allowing for greater client capacity within adviser portfolios.

Our commitment to invest in our people continues, with several members of the team likely to achieve DipPFS and Chartered qualified status during the period.

This can and will only further enhance our offering; improve client relationships, help empower and retain members of our team and help attract new talent.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 April 2025 to the date of this report.

Mr K Pemberton

Mr P R Gibson

Other changes in directors holding office are as follows:

Mr G Pemberton - resigned 4 April 2025

Mr K Nendick - resigned 4 April 2025

Mr S G J Bornold - appointed 4 April 2025

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mr K Pemberton - Director

29 May 2026

FIXED ASSETS

Intangible assets

4

-

48,857

Tangible assets

5

226,200

202,019

226,200

250,876

CURRENT ASSETS

Debtors

6

115,472

132,190

Cash at bank

1,056,613

847,943

1,172,085

980,133

CREDITORS

Amounts falling due within one year

7

417,333

406,025

NET CURRENT ASSETS

754,752

574,108

TOTAL ASSETS LESS CURRENT LIABILITIES

980,952

824,984

CREDITORS

Amounts falling due after more than one year

8

(56,079

)

(107,193

)

PROVISIONS FOR LIABILITIES

(61,050

)

(55,005

)

NET ASSETS

863,823

662,786

CAPITAL AND RESERVES

Allotted, called up and fully paid share capital

137

137

Share option reserve

1,600

1,600

Retained earnings

862,086

661,049

SHAREHOLDERS' FUNDS

863,823

662,786

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 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:

Mr K Pemberton - Director

1.	STATUTORY INFORMATION

Active Financial Planners Limited 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.

Turnover

Turnover represents net commissions earned on inception of policies. Credit is taken for fees in the period to which the fee relates.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of four 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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery etc

-

25% on reducing balance, 25% on cost and in accordance with the property

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 21 (2025 - 22 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

593,799

AMORTISATION

At 1 April 2025

544,942

Charge for year

48,857

At 31 March 2026

593,799

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

48,857

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

442,189

Additions

96,479

Disposals

(85,090

)

At 31 March 2026

453,578

DEPRECIATION

At 1 April 2025

240,170

Charge for year

50,654

Eliminated on disposal

(63,446

)

At 31 March 2026

227,378

NET BOOK VALUE

At 31 March 2026

226,200

At 31 March 2025

202,019

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 April 2025

205,252

Additions

84,995

At 31 March 2026

290,247

DEPRECIATION

At 1 April 2025

48,083

Charge for year

42,623

At 31 March 2026

90,706

NET BOOK VALUE

At 31 March 2026

199,541

At 31 March 2025

157,169

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Other debtors

115,472

132,190

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

113,379

21,386

Trade creditors

3,586

1,007

Taxation and social security

257,137

285,608

Other creditors

43,231

98,024

417,333

406,025

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.26

31.3.25

£

£

Hire purchase contracts

56,079

107,193

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

£

Hire purchase contracts

169,458

128,579

Hire purchase contracts are secured against the assets to which they relate.

10.	OTHER FINANCIAL COMMITMENTS

The company had non cancellable operating lease commitments at 31 March 2026 of £122,100 (2025: £173,550)

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the company advanced £313,999 to its directors. At 31 March 2026 the company was owed Nil in relation to these advances.