REGISTERED NUMBER: 10205768 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 May 2026

for

Fern Financial Planning Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

K J Morris

Mrs J A Morris

REGISTERED OFFICE:

Mile End

Overton Road

Ludlow

Shropshire

SY8 4AA

REGISTERED NUMBER:

10205768 (England and Wales)

ACCOUNTANTS:

Thorne Widgery Accountancy Ltd

Chartered Accountants

2 Wyevale Business Park

Kings Acre

Hereford

Herefordshire

HR4 7BS

FIXED ASSETS

Tangible assets

4

11,425

13,178

Investments

5

725

725

12,150

13,903

CURRENT ASSETS

Debtors

12,163

9,580

Cash at bank and in hand

87,121

82,581

99,284

92,161

CREDITORS

Amounts falling due within one year

(53,490

)

(47,165

)

NET CURRENT ASSETS

45,794

44,996

TOTAL ASSETS LESS CURRENT LIABILITIES

57,944

58,899

CREDITORS

Amounts falling due after more than one year

-

(10,000

)

PROVISIONS FOR LIABILITIES

(2,856

)

(3,295

)

NET ASSETS

55,088

45,604

CAPITAL AND RESERVES

Called up share capital

200

200

Fair value reserve

6

75

75

Retained earnings

54,813

45,329

55,088

45,604

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 May 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 June 2026 and were signed on its behalf by:

K J Morris - Director

Mrs J A Morris - Director

1.	STATUTORY INFORMATION

Fern Financial Planning 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% reducing balance

Fixtures and fittings

-

20% reducing balance

Computer equipment

-

20% on cost

Financial instruments

Listed investments held as fixed assets are stated at fair value. Any surplus on revaluation is reflected in the profit and loss account.

Accumulated surpluses in the valuation of investments are transferred to the fair value reserve less any related provision for deferred tax.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2025 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 June 2025

45,413

Additions

1,587

Disposals

(169

)

At 31 May 2026

46,831

DEPRECIATION

At 1 June 2025

32,235

Charge for year

3,306

Eliminated on disposal

(135

)

At 31 May 2026

35,406

NET BOOK VALUE

At 31 May 2026

11,425

At 31 May 2025

13,178

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 June 2025

and 31 May 2026

725

NET BOOK VALUE

At 31 May 2026

725

At 31 May 2025

725

Cost or valuation at 31 May 2026 is represented by:

Totals

£

Valuation in 2023

725

6.

RESERVES

Fair

value

reserve

£

At 1 June 2025

and 31 May 2026

75