Thompson Financial Consulting Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06519830 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

THOMPSON FINANCIAL CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M Thompson

Mrs W Thompson

SECRETARY:

Mrs W Thompson

REGISTERED OFFICE:

8 Stone Street Court

Stone Street

Hadleigh Ipswich

Suffolk

IP7 6HY

REGISTERED NUMBER:

06519830 (England and Wales)

ACCOUNTANTS:

Seago and Stopps

Chartered Certified Accountants

61 Station Road

Sudbury

Suffolk

CO10 2SP

FIXED ASSETS

-

Intangible assets

4

-

86,329

Tangible assets

5

66,625

306,722

Investments

6

334,591

393,051

401,216

CURRENT ASSETS

6,863

Debtors

7

28,819

166,950

Cash at bank

161,366

173,813

190,185

CREDITORS

48,273

Amounts falling due within one year

8

74,931

125,540

NET CURRENT ASSETS

115,254

518,591

TOTAL ASSETS LESS CURRENT
LIABILITIES

516,470

CREDITORS

(64,359

)

Amounts falling due after more than one
year

9

(53,714

)

(20,503

)

PROVISIONS FOR LIABILITIES

(16,590

)

433,729

NET ASSETS

446,166

CAPITAL AND RESERVES

2

Called up share capital

2

433,727

Retained earnings

446,164

433,729

SHAREHOLDERS' FUNDS

446,166

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 5 June 2026 and were signed on its behalf by:

M Thompson - Director

1.	STATUTORY INFORMATION

Thompson Financial Consulting 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 as modified by the revaluation of certain assets.

Turnover

Turnover represents fees earned and commissions receivable for the year.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimate useful life of five years. The amount was fully amortised at 31 March 2014.

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.

Motor vehicles - 25% on reducing balance

Plant and machinery - 25% on reducing balance

Equipment - 25% on reducing balance

Fixtures & fittings - 25% on reducing balance

Computer equipment - 25% on reducing balance

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.

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.

Financial instruments

The company enters into basic financial instrument transactions, as appropriate and as and when required, that result in the recognition of financial assets and liabilities within financial statements such as trade and other accounts receivable and payable, bank loans and hire purchase contracts.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

47,509

AMORTISATION

At 1 April 2025

and 31 March 2026

47,509

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Motor

Plant and

Totals

vehicles

machinery

£

COST

At 1 April 2025

118,048

80,004

5,522

Additions

3,502

-

Disposals

(4,010

)

-

At 31 March 2026

117,540

80,004

5,522

DEPRECIATION

At 1 April 2025

31,719

1,667

5,473

Charge for year

22,209

19,584

12

Eliminated on disposal

(3,013

)

-

At 31 March 2026

50,915

21,251

5,485

NET BOOK VALUE

At 31 March 2026

66,625

58,753

37

At 31 March 2025

86,329

78,337

49

Fixtures

Computer

Equipment

& fittings

equipment

£

COST

At 1 April 2025

11,338

9,878

11,306

Additions

3,118

384

-

Disposals

(2,233

)

-

(1,777

)

At 31 March 2026

12,223

10,262

9,529

DEPRECIATION

At 1 April 2025

10,009

7,216

7,354

Charge for year

907

761

945

Eliminated on disposal

(1,411

)

-

(1,602

)

At 31 March 2026

9,505

7,977

6,697

NET BOOK VALUE

At 31 March 2026

2,718

2,285

2,832

At 31 March 2025

1,329

2,662

3,952

Included in fixed assets are certain assets held under hire purchase agreements. As at 31 March 2026 the net book value of these assets is £58,753. The related depreciation charge for the year is £19,584.

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2025

306,722

Share of profit/(loss)

3

Revaluations

27,866

At 31 March 2026

334,591

NET BOOK VALUE

At 31 March 2026

334,591

At 31 March 2025

306,722

During the year, the company's investments made crystallised gains of £2 and a movement in valuation gain of £27,866.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Trade debtors

25,872

3,739

Other debtors

2,947

3,124

28,819

6,863

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

Hire purchase contracts

10,645

Taxation and social security

58,480

32,309

Other creditors

5,806

5,319

74,931

48,273

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.3.26

31.3.25

£

Hire purchase contracts

53,714

64,359

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.26

31.3.25

£

Hire purchase contracts

64,359

75,004

Hire purchase contract liabilities are secured against the asset into which the liability was entered into.