IRIS Accounts Production v26.1.10.61 SC445032 Board of Directors 5.4.25 31.3.26 31.3.26 false true false false false true false Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 Ordinary A 1.00000 Ordinary B 1.00000 Ordinary C 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh SC445032 2025-04-04 SC445032 2026-03-31 SC445032 2025-04-05 2026-03-31 SC445032 2024-03-31 SC445032 2024-04-01 2025-04-04 SC445032 2025-04-04 SC445032 ns15:Scotland 2025-04-05 2026-03-31 SC445032 ns14:PoundSterling 2025-04-05 2026-03-31 SC445032 ns10:Director1 2025-04-05 2026-03-31 SC445032 ns10:PrivateLimitedCompanyLtd 2025-04-05 2026-03-31 SC445032 ns10:SmallEntities 2025-04-05 2026-03-31 SC445032 ns10:AuditExemptWithAccountantsReport 2025-04-05 2026-03-31 SC445032 ns10:SmallCompaniesRegimeForDirectorsReport 2025-04-05 2026-03-31 SC445032 ns10:SmallCompaniesRegimeForAccounts 2025-04-05 2026-03-31 SC445032 ns10:FullAccounts 2025-04-05 2026-03-31 SC445032 1 2025-04-05 2026-03-31 SC445032 ns10:OrdinaryShareClass1 2025-04-05 2026-03-31 SC445032 ns10:OrdinaryShareClass2 2025-04-05 2026-03-31 SC445032 ns10:OrdinaryShareClass3 2025-04-05 2026-03-31 SC445032 ns10:Director2 2025-04-05 2026-03-31 SC445032 ns10:Director3 2025-04-05 2026-03-31 SC445032 ns10:RegisteredOffice 2025-04-05 2026-03-31 SC445032 ns5:CurrentFinancialInstruments 2026-03-31 SC445032 ns5:CurrentFinancialInstruments 2025-04-04 SC445032 ns5:Non-currentFinancialInstruments 2026-03-31 SC445032 ns5:Non-currentFinancialInstruments 2025-04-04 SC445032 ns5:ShareCapital 2026-03-31 SC445032 ns5:ShareCapital 2025-04-04 SC445032 ns5:RetainedEarningsAccumulatedLosses 2026-03-31 SC445032 ns5:RetainedEarningsAccumulatedLosses 2025-04-04 SC445032 ns5:IntangibleAssetsOtherThanGoodwill 2025-04-05 2026-03-31 SC445032 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-05 2026-03-31 SC445032 ns5:ComputerSoftware 2025-04-05 2026-03-31 SC445032 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-04 SC445032 ns5:ComputerSoftware 2025-04-04 SC445032 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2026-03-31 SC445032 ns5:ComputerSoftware 2026-03-31 SC445032 ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure 2025-04-04 SC445032 ns5:ComputerSoftware 2025-04-04 SC445032 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-04-04 SC445032 ns5:LeaseholdImprovements 2025-04-04 SC445032 ns5:FurnitureFittings 2025-04-04 SC445032 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-04-05 2026-03-31 SC445032 ns5:LeaseholdImprovements 2025-04-05 2026-03-31 SC445032 ns5:FurnitureFittings 2025-04-05 2026-03-31 SC445032 ns5:ShortLeaseholdAssets ns5:LandBuildings 2026-03-31 SC445032 ns5:LeaseholdImprovements 2026-03-31 SC445032 ns5:FurnitureFittings 2026-03-31 SC445032 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-04-04 SC445032 ns5:LeaseholdImprovements 2025-04-04 SC445032 ns5:FurnitureFittings 2025-04-04 SC445032 ns5:MotorVehicles 2025-04-04 SC445032 ns5:ComputerEquipment 2025-04-04 SC445032 ns5:MotorVehicles 2025-04-05 2026-03-31 SC445032 ns5:ComputerEquipment 2025-04-05 2026-03-31 SC445032 ns5:MotorVehicles 2026-03-31 SC445032 ns5:ComputerEquipment 2026-03-31 SC445032 ns5:MotorVehicles 2025-04-04 SC445032 ns5:ComputerEquipment 2025-04-04 SC445032 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2026-03-31 SC445032 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-04-04 SC445032 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2026-03-31 SC445032 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-04-04 SC445032 ns5:Secured 2026-03-31 SC445032 ns5:Secured 2025-04-04 SC445032 ns10:OrdinaryShareClass1 2026-03-31 SC445032 ns10:OrdinaryShareClass2 2026-03-31 SC445032 ns10:OrdinaryShareClass3 2026-03-31 SC445032 2 ns10:Director2 2025-04-04 SC445032 2 ns10:Director2 2024-03-31 SC445032 2 ns10:Director2 2025-04-05 2026-03-31 SC445032 2 ns10:Director2 2024-04-01 2025-04-04 SC445032 2 ns10:Director2 2026-03-31 SC445032 2 ns10:Director2 2025-04-04

REGISTERED NUMBER: SC445032 (Scotland)

| MURPHY WEALTH LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE PERIOD |

| 5TH APRIL 2025 TO 31ST MARCH 2026 |

MURPHY WEALTH LIMITED (REGISTERED NUMBER: SC445032)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE PERIOD 5TH APRIL 2025 TO 31ST MARCH 2026

Page |

Company Information | 1 |

Chartered Certified Accountants' Report | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 5 |

MURPHY WEALTH LIMITED

COMPANY INFORMATION

FOR THE PERIOD 5TH APRIL 2025 TO 31ST MARCH 2026

| DIRECTORS: | A V Murphy

| F Frew

| J C Moran

| REGISTERED OFFICE: | 8th Floor

| 149 St Vincent Street,

| Glasgow

| G2 5NW

| REGISTERED NUMBER: | SC445032 (Scotland)

| ACCOUNTANTS: | russell + russell

| Chartered Certified Accountants

| 4 Royal Crescent

| Glasgow

| G3 7SL

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS

ON THE UNAUDITED FINANCIAL STATEMENTS OF

MURPHY WEALTH LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Murphy Wealth Limited for the period ended 31st March 2026 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Murphy Wealth Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Murphy Wealth Limited and state those matters that we have agreed to state to the Board of Directors of Murphy Wealth Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Murphy Wealth Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Murphy Wealth Limited. You consider that Murphy Wealth Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Murphy Wealth Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

russell + russell

Chartered Certified Accountants

4 Royal Crescent

Glasgow

G3 7SL

2nd July 2026

MURPHY WEALTH LIMITED (REGISTERED NUMBER: SC445032)

BALANCE SHEET

31ST MARCH 2026

| 31.3.26 | 4.4.25 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 23,133 |  | 27,360 |  |

Tangible assets | 5 | 31,588 |  | 105,009 |  |

54,721 |  | 132,369 |  |

CURRENT ASSETS

Debtors | 6 | 699,785 |  | 631,700 |  |

Cash at bank | 1,317,198 |  | 929,997 |  |

2,016,983 |  | 1,561,697 |  |

CREDITORS

Amounts falling due within one year | 7 | 677,632 |  | 1,057,972 |  |

NET CURRENT ASSETS | 1,339,351 |  | 503,725 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,394,072 |  | 636,094 |  |

CREDITORS

Amounts falling due after more than one year | 8 | - |  | (4,167 | ) |

PROVISIONS FOR LIABILITIES | (13,679 | ) | (32,436 | ) |

NET ASSETS | 1,380,393 |  | 599,491 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 101 |  | 101 |  |

Retained earnings | 1,380,292 |  | 599,390 |  |

SHAREHOLDERS' FUNDS | 1,380,393 |  | 599,491 |  |

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

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

MURPHY WEALTH LIMITED (REGISTERED NUMBER: SC445032)

BALANCE SHEET - continued

31ST MARCH 2026

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 2nd July 2026 and were signed on its behalf by:

J C Moran - Director

MURPHY WEALTH LIMITED (REGISTERED NUMBER: SC445032)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD 5TH APRIL 2025 TO 31ST MARCH 2026

1. | STATUTORY INFORMATION

| Murphy Wealth Limited is a private company, limited by shares , registered in Scotland. 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.

| Going Concern

| The financial statements have been prepared on the going concern basis. The directors believe that the company has adequate resources and support to continue to operate for the foreseeable future.

| Turnover

| Turnover comprises commission income and fees received and receivable for the year.

| 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.

| Website & Branding are being amortised evenly over their estimated useful life of ten years.

| Computer software is being amortised evenly over its estimated useful life of five years.

| Tangible fixed assets

| All fixed assets are initially recorded at cost.

| Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:

| Asset type |  | Depreciation rate |  |

| Short leasehold |  | 10% straight line |  |

| Improvements to property |  | 25% reducing balance |  |

| Motor vehicles |  | 10% - 25% straight line |  |

| Fixtures & Fittings |  | 15% reducing balance |  |

| Computer Equipment |  | 33% straight line |  |

| Financial instruments

| Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

| Taxation

| Taxation for the period 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.

MURPHY WEALTH LIMITED (REGISTERED NUMBER: SC445032)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 5TH APRIL 2025 TO 31ST MARCH 2026

2. | ACCOUNTING POLICIES - continued

| 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 period 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 period was 14 (2025 - 17 ) .

4. | INTANGIBLE FIXED ASSETS

| Website & |  | Computer |

| Branding |  | software |  | Totals

£ | £ | £ |

| COST

| At 5th April 2025 | 42,275 |  | 12,270 |  | 54,545 |  |

| Disposals | - |  | (12,270 | ) | (12,270 | ) |

| At 31st March 2026 | 42,275 |  | - |  | 42,275 |  |

| AMORTISATION

| At 5th April 2025 | 14,915 |  | 12,270 |  | 27,185 |  |

| Amortisation for period | 4,227 |  | - |  | 4,227 |  |

| Eliminated on disposal | - |  | (12,270 | ) | (12,270 | ) |

| At 31st March 2026 | 19,142 |  | - |  | 19,142 |  |

| NET BOOK VALUE

| At 31st March 2026 | 23,133 |  | - |  | 23,133 |  |

| At 4th April 2025 | 27,360 |  | - |  | 27,360 |  |

MURPHY WEALTH LIMITED (REGISTERED NUMBER: SC445032)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 5TH APRIL 2025 TO 31ST MARCH 2026

5. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures

| Short |  | to |  | and

| leasehold |  | property |  | fittings

£ | £ | £ |

| COST

| At 5th April 2025 | 28,332 |  | 14,367 |  | 28,607 |  |

| Additions | - |  | - |  | - |  |

| Disposals | - |  | - |  | - |  |

| At 31st March 2026 | 28,332 |  | 14,367 |  | 28,607 |  |

| DEPRECIATION

| At 5th April 2025 | 19,832 |  | 12,449 |  | 15,066 |  |

| Charge for period | 2,833 |  | 480 |  | 2,031 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 31st March 2026 | 22,665 |  | 12,929 |  | 17,097 |  |

| NET BOOK VALUE

| At 31st March 2026 | 5,667 |  | 1,438 |  | 11,510 |  |

| At 4th April 2025 | 8,500 |  | 1,918 |  | 13,541 |  |

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 5th April 2025 | 105,652 |  | 84,736 |  | 261,694 |  |

| Additions | - |  | 103 |  | 103 |  |

| Disposals | (104,682 | ) | (41,123 | ) | (145,805 | ) |

| At 31st March 2026 | 970 |  | 43,716 |  | 115,992 |  |

| DEPRECIATION

| At 5th April 2025 | 46,206 |  | 63,132 |  | 156,685 |  |

| Charge for period | 4,463 |  | 8,734 |  | 18,541 |  |

| Eliminated on disposal | (49,699 | ) | (41,123 | ) | (90,822 | ) |

| At 31st March 2026 | 970 |  | 30,743 |  | 84,404 |  |

| NET BOOK VALUE

| At 31st March 2026 | - |  | 12,973 |  | 31,588 |  |

| At 4th April 2025 | 59,446 |  | 21,604 |  | 105,009 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 4.4.25

£ | £ |

| Trade debtors | - |  | 43,132 |  |

| Amounts owed by group undertakings | 137,253 |  | - |  |

| Amounts recoverable on contracts | 36,000 |  | - |  |

| Other debtors | 526,532 |  | 588,568 |  |

699,785 |  | 631,700 |  |

MURPHY WEALTH LIMITED (REGISTERED NUMBER: SC445032)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 5TH APRIL 2025 TO 31ST MARCH 2026

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 4.4.25

£ | £ |

| Bank loans and overdrafts (see note 9) | 4,206 |  | 50,000 |  |

| Hire purchase contracts | - |  | 62,686 |  |

| Trade creditors | 66,396 |  | 142,446 |  |

| Amounts owed to group undertakings | 214,382 |  | 77,129 |  |

| Taxation and social security | 380,226 |  | 706,537 |  |

| Other creditors | 12,422 |  | 19,174 |  |

677,632 |  | 1,057,972 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.26 |  | 4.4.25

£ | £ |

| Bank loans (see note 9) | - |  | 4,167 |  |

9. | LOANS

| An analysis of the maturity of loans is given below:

| 31.3.26 |  | 4.4.25

£ | £ |

| Amounts falling due within one year or on demand:

| Bank loans | 4,206 |  | 50,000 |  |

| Amounts falling due between one and two years:

| Bank loans - 1-2 years | - |  | 4,167 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.26 |  | 4.4.25

£ | £ |

| Bank loans | 4,206 |  | 54,167 |  |

| Hire purchase contracts | - |  | 62,686 |  |

4,206 |  | 116,853 |  |

| The bank overdraft and bank loan are secured by a bond and floating charge over the assets of the company.

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.26 |  | 4.4.25

| value: | £ | £ |

| 49 | Ordinary A | £1 | 49 |  | 49 |  |

| 51 | Ordinary B | £1 | 51 |  | 51 |  |

| 1 | Ordinary C | £1 | 1 |  | 1 |  |

101 |  | 101 |  |

MURPHY WEALTH LIMITED (REGISTERED NUMBER: SC445032)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE PERIOD 5TH APRIL 2025 TO 31ST MARCH 2026

12. | OTHER FINANCIAL COMMITMENTS

| The company has future operating lease commitments of £214,664 (2025: £303,291).

13. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the periods ended 31st March 2026 and 4th April 2025:

| 31.3.26 |  | 4.4.25

£ | £ |

| A V Murphy

| Balance outstanding at start of period | 171,561 |  | 162,608 |  |

| Amounts advanced | 190,889 |  | 194,272 |  |

| Amounts repaid | (180,047 | ) | (185,319 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of period | 182,403 |  | 171,561 |  |

| Directors loans are interest fee and have no fixed repayment terms. The loan was repaid in full post year end.

14. | ULTIMATE CONTROLLING PARTY

| The company is a wholly owned subsidiary of Murphy Wealth Group Limited. Murphy Wealth Group Limited is itself a wholly owned subsidiary of Murphy Group Scotland Limited. One of the directors, Adrian Murphy, is the

| majority shareholder of Murphy Group Scotland Limited and he is therefore considered to be the ultimate

| controlling party.

| Murphy Group Scotland Limited is a company registered in Scotland and its company number is SC578017. Its registered office is 8th Floor, Sutherland House, 149 St Vincent Street, Glasgow, G2 5NW