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REGISTERED NUMBER: 04458263 (England and Wales)


















FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

MARGETTS WEALTH MANAGEMENT LIMITED
MARGETTS WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 04458263)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


MARGETTS WEALTH MANAGEMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 SEPTEMBER 2025







DIRECTORS: K Smith
I Butler
J Vickers





REGISTERED OFFICE: Office 1
50-54 St Pauls Square
Birmingham
West Midlands
B3 1QS





REGISTERED NUMBER: 04458263 (England and Wales)





ACCOUNTANTS: TGFP
Chartered Accountants
Fulford House
Newbold Terrace
Leamington Spa
Warwickshire
CV32 4EA
Page 1
MARGETTS WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 04458263)

STATEMENT OF FINANCIAL POSITION
30 SEPTEMBER 2025

2025 2024
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 129,667 -
Tangible assets 5 1,803 2,710
131,470 2,710

CURRENT ASSETS
Debtors 6 1,152,265 925,185
Cash at bank 232,644 269,893
1,384,909 1,195,078
CREDITORS
Amounts falling due within one year 7 337,397 393,444
NET CURRENT ASSETS 1,047,512 801,634
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,178,982
804,344

CAPITAL AND RESERVES
Called up and paid share capital 40,000 40,000
Share premium 45,000 45,000
Retained earnings 1,093,982 719,344
SHAREHOLDERS' FUNDS 1,178,982 804,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 notes form part of these financial statements

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MARGETTS WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 04458263)

STATEMENT OF FINANCIAL POSITION - continued
30 SEPTEMBER 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 April 2026 and were signed on its behalf by:




K Smith - Director I Butler - Director




J Vickers - Director


The notes form part of these financial statements

Page 3
MARGETTS WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 04458263)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025


1. STATUTORY INFORMATION

Margetts Wealth Management 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents the total amount invoiced for the period.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of five 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.

Development costs are being amortised evenly over their estimated useful life of ten years.

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 cost
Computer equipment - 25% on cost

Financial instruments
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 financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

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MARGETTS WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 04458263)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2025


2. ACCOUNTING POLICIES - continued

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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
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 11 (2024 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 October 2024 975,000 - 975,000
Additions - 135,000 135,000
At 30 September 2025 975,000 135,000 1,110,000
AMORTISATION
At 1 October 2024 975,000 - 975,000
Charge for year - 5,333 5,333
At 30 September 2025 975,000 5,333 980,333
NET BOOK VALUE
At 30 September 2025 - 129,667 129,667
At 30 September 2024 - - -

Page 5 continued...
MARGETTS WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 04458263)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2025


5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2024 12,651
Additions 247
Disposals (165 )
At 30 September 2025 12,733
DEPRECIATION
At 1 October 2024 9,941
Charge for year 989
At 30 September 2025 10,930
NET BOOK VALUE
At 30 September 2025 1,803
At 30 September 2024 2,710

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Amounts owed by group undertakings 1,122,029 426,134
Other debtors 30,236 499,051
1,152,265 925,185

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 22,013 -
Taxation and social security 198,662 182,930
Other creditors 116,722 210,514
337,397 393,444

8. SECURED DEBTS

Barclays Securitee Trustee Limited has a fixed and floating charge over the assets of the company.

K Smith, S Smith and St Pauls Property Investment Limited has a fixed and floating charge over the assets of the company.

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year the director operated a loan with the company with no fixed terms of repayment or interest. Amounts advanced during the year were £nil (2024 - £491,985) and repayments during the year were £491,985 (2024 - £422,626). At the year end the amount owing to the company was £nil (2024 - £491,985).

Page 6 continued...
MARGETTS WEALTH MANAGEMENT LIMITED (REGISTERED NUMBER: 04458263)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 SEPTEMBER 2025


10. RELATED PARTY DISCLOSURES

Margetts Wealth Management Ltd is a subsidiary of SBV Holdings Ltd, the parent company that is registered in England and Wales.

Included in debtors are amounts owing of £460,084 (2024 - £426,134) from a company under the control of a director.

The loans are interest fee and no fixed repayment terms have been agreed.

Page 7