Company registration number: 03878149
Annual report and unaudited financial statements
for the period ended 11 July 2025
for
Boardman Wealth Management Ltd
Pages for filing with the Registrar
Company registration number: 03878149
Boardman Wealth Management Ltd
Balance sheet
as at 11 July 2025
11 Jul 25 31 Oct 24
Note £ £ £ £
Fixed assets
Intangible assets 4 - 1,305
Tangible assets 5 - 57,672
- 58,977
Current assets
Debtors 6 42,761 250,993
Cash at bank and in hand - 51,959
42,761 302,952
Creditors: amounts falling due within one
year 		7 (30,520) (100,339)
Net current assets 12,241 202,613
Total assets less current liabilities 12,241 261,590
Creditors: Amounts falling due after more
than one year 		8 - (48,747)
Provisions for liabilities - (10,500)
NET ASSETS 12,241 202,343
Capital and reserves
Called up share capital 100 100
Profit and loss account 12,141 202,243
TOTAL EQUITY 12,241 202,343
The company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies for the period ended 11 July 2025.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges their responsibilities to comply with the Companies Act 2006 in respect to accounting records and the preparation of financial statements.
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Company registration number: 03878149
Boardman Wealth Management Ltd
Balance sheet - continued
as at 11 July 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 Profit and loss account has not been delivered to the Registrar.
Signed by:
P Boardman, Director
11 July 2025
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Boardman Wealth Management Ltd
Notes to the financial statements
for the period ended 11 July 2025
1 Company information
Boardman Wealth Management Ltd is a private company registered in England and Wales. Its registered number is 03878149. The company is limited by shares. Its registered office is Sunnybank, 12 Albion Road, Chesterfield, Derbyshire, S40 1LJ.
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 historic cost convention.
Going concern
In preparing these financial statements, the director has assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company's ability to continue as a going concern. In making this assessment, the director takes into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue.
The director considers that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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.
Amortisation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Goodwill - 10 years from 2024
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.
Fixed assets:
Fixtures & fittings - 15% reducing balance
Motor vehicles - 25% reducing balance
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Boardman Wealth Management Ltd
Notes to the financial statements - continued
for the period ended 11 July 2025
2 Accounting policies - continued
Taxation
Taxation for the period comprises current and deferred taxation. Tax is recognised in the Profit and loss account, 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 taxation
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 been enacted or substantively enacted by the balance sheet date 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 probably that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit and loss in the period to which they relate.
3
During the period the average number of employees was 6 (2024 - 6).
4 Intangible assets
Goodwill
£
Cost
At 1 November 2024 1,450
Disposals (1,450)
At 11 July 2025 -
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Boardman Wealth Management Ltd
Notes to the financial statements - continued
for the period ended 11 July 2025
4 Intangible assets - continued
Amortisation
At 1 November 2024 145
Eliminated on disposal (145)
At 11 July 2025 -
Net book value
At 11 July 2025 -
At 31 October 2024 1,305
5 Tangible fixed assets
Fixed assets
£
Cost
At 1 November 2024 113,986
Disposals (113,986)
At 11 July 2025 -
Depreciation
At 1 November 2024 56,314
Eliminated on disposal (56,314)
At 11 July 2025 -
Net book value
At 11 July 2025 -
At 31 October 2024 57,672
6 Debtors
11 Jul 25 31 Oct 24
£ £
Trade debtors - 34,484
Directors' loan accounts - 169,394
Taxation 42,761 42,761
Prepayments and accrued income - 4,354
42,761 250,993
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Boardman Wealth Management Ltd
Notes to the financial statements - continued
for the period ended 11 July 2025
7 Creditors: amounts falling due within one year
11 Jul 25 31 Oct 24
£ £
Bank loans and overdrafts - 17,749
Contract liabilities - 8,436
Taxation 29,834 23,932
Social security and other tax 686 388
Accruals and deferred income - 49,834
30,520 100,339
8 Creditors: amounts falling due after more than one year
11 Jul 25 31 Oct 24
£ £
Bank loans - 11,373
Contract liabilities - 37,374
- 48,747
9 Related party transactions
The director is also a shareholder of the company. Dividends paid to Mr P Boardman, as director and shareholder of the company, during the year (with the previous year shown in brackets) were £Nil (£39,000).
10 Guarantees and other financial commitments
Lease Commitments

At 11 July 2025, the company had annual commitments under non-cancellable operating leases as set out below:

Operating leases which expire within 1 year: 2025 (£Nil); 2024 (£18,750).
11 Post balance sheet events
On 11 July 2025, the entire issued share capital of the company was acquired by PFP Wealth Group Ltd, Company Number 13267152.
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