Company Registration No. 07053723 (England and Wales)
Panoramic Wealth Management Limited
Unaudited accounts
for the year ended 31 October 2025
Panoramic Wealth Management Limited
Statement of financial position
as at 31 October 2025
Tangible assets
69,713
73,291
Cash at bank and in hand
240,538
211,963
Creditors: amounts falling due within one year
(45,931)
(40,186)
Net current assets
202,333
193,993
Net assets
281,089
267,284
Called up share capital
200
200
Profit and loss account
280,889
267,084
Shareholders' funds
281,089
267,284
For the year ending 31 October 2025 the company was entitled to exemption from audit 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 his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 4 June 2026 and were signed on its behalf by
G A Jefferies
Director
Company Registration No. 07053723
Panoramic Wealth Management Limited
Notes to the Accounts
for the year ended 31 October 2025
Panoramic Wealth Management Limited is a private company, limited by shares, registered in England and Wales, registration number 07053723. The registered office is 9 TEISE CLOSE, TUNBRIDGE WELLS, TN2 5JN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on written down value
Motor vehicles
25% on written down value
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Panoramic Wealth Management Limited
Notes to the Accounts
for the year ended 31 October 2025
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2024
19,167
33,946
113,376
166,489
Additions
476
-
11,186
11,662
At 31 October 2025
19,643
33,946
124,562
178,151
At 1 November 2024
-
4,556
88,642
93,198
Charge for the year
-
7,348
7,892
15,240
At 31 October 2025
-
11,904
96,534
108,438
At 31 October 2025
19,643
22,042
28,028
69,713
At 31 October 2024
19,167
29,390
24,734
73,291
5
Investments
Other investments
Valuation at 1 November 2024
-
Valuation at 31 October 2025
9,043
Amounts falling due within one year
Other debtors
7,726
22,216
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
17,438
37,036
Other creditors
28,493
3,150
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan account
5,117
-
5,117
-
9
Average number of employees
During the year the average number of employees was 6 (2024: 6).