Registration number: 05039809

OCM Wealth Management Limited

(Registration number: 05039809)
Balance Sheet as at 30 April 2026

	Note	2026 £	2025 £
Fixed assets
Intangible assets	7	24,098	34,263
Tangible assets	8	178,013	199,878
Investments	9	100,300	100,300
		302,411	334,441
Current assets
Debtors	10	908,397	822,068
Investments	11	253,610	252,492
Cash at bank and in hand		128,964	165,945
		1,290,971	1,240,505
Creditors: Amounts falling due within one year	12	(533,642)	(621,222)
Net current assets		757,329	619,283
Total assets less current liabilities		1,059,740	953,724
Creditors: Amounts falling due after more than one year	12	(150,000)	(69,666)
Provisions for liabilities		(15,564)	(13,485)
Net assets		894,176	870,573
Capital and reserves
Called up share capital	13	50,000	50,000
Retained earnings		844,176	820,573
Shareholders' funds		894,176	870,573

OCM Wealth Management Limited

(Registration number: 05039809)
Balance Sheet as at 30 April 2026

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the Board on 8 July 2026 and signed on its behalf by:
 

......................................... J Stather Lodge Director

......................................... M Stather Lodge Company secretary and director

OCM Wealth Management Limited

Statement of Changes in Equity for the Year Ended 30 April 2026

	Share capital £	Profit and loss account £	Total £
At 1 May 2025	50,000	820,573	870,573
Profit for the year	-	538,603	538,603
Total comprehensive income	-	538,603	538,603
Dividends	-	(515,000)	(515,000)
At 30 April 2026	50,000	844,176	894,176

	Share capital £	Retained earnings £	Total £
At 1 May 2024	50,000	693,838	743,838
Profit for the year	-	321,735	321,735
Dividends	-	(195,000)	(195,000)
At 30 April 2025	50,000	820,573	870,573

OCM Wealth Management Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
St Clair House
Old Bedford Road
Northampton
NN4 7AA

These financial statements were authorised for issue by the Board on 8 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

In preparing these financial statements, the directors have assessed the ability of the company to continue to operate for the period of at least twelve months from the date of signing the financial statements. Based on their assessment, the financial statements have been prepared on a going concern basis.

Judgements

In applying the Company's accounting policies, the directors are required to make judgements, estimates and assumptions in determining the carrying amounts of assets and liabilities. The directors' best judgements, estimates and assumptions are based on the best and most reliable evidence available at the time when the decisions are made, and are based on historical experience and other factors that are considered to be appropriate.

Due to the inherent subjectivity involved in making such judgements, estimates and assumptions, the actual results and outcomes may differ.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised, if the revision affects only that period, or in the period of the revision and future periods, if the revision affects both current and future periods.

OCM Wealth Management Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

Key sources of estimation uncertainty

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

The key accounting estimates and assumptions of the Company are:

Impairment of investment and debtors;
Classifying financial instruments as basis or non-basic;
Bad debts; and
Useful expected lives of tangible and intangible assets..

Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns,
rebates and discounts.

The company recognises revenue when:
The amount of turnover can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Government grants

Grants which relate to turnover are recognised in income in the period the related costs are incurred by the entity for which the grant is intended to compensate. For grants which are received by the entity for
compensation for expenses or losses which have already been incurred, the grant is recognised in income when it is received or receivable.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

OCM Wealth Management Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Leasehold improvements	5 years and over term of lease
Fixtures, fittings and equipment	25% reducing balance
Other tangible assets	33% straight line

Business combinations

Business combinations are accounted for using the purchase method. The consideration for each acquisition is measured at the aggregate of the fair values at acquisition date of assets given, liabilities incurred or assumed, and equity instruments issued by the group in exchange for control of the acquired, plus any costs directly attributable to the business combination. When a business combination agreement provides for an adjustment to the cost of the combination contingent on future events, the group includes the estimated amount of that adjustment in the cost of the combination at the acquisition date if the adjustment is probable and can be measured reliably.

Intangible assets

Intangible assets acquired separately from a business are capitalised at cost. Intangible assets acquired on business combinations are capitalised separately from goodwill if the fair value can be measured reliably on initial recognition.

Research expenditure is written off against profits in the year in which it is incurred. Identifiable development expenditure is capitalised to the extent that the technical, commercial and financial feasibility can be demonstrated.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Intangible asset - computer software	over 5 years (20%)

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

OCM Wealth Management Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

OCM Wealth Management Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

Financial instruments

Classification
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Debt instruments such as loans and other accounts receivable and payable are initially measured at present value of the future payments and subsequently at amortised cost using the effective interest method; Debt instruments that are payable or receivable within one year, typically trade payables or receivables, are measured, initially and subsequently, at the undiscounted amount of the cash or other consideration expected to be paid or received. However if the arrangements of a short-term instrument constitute a financing transaction, such as the payment of a trade debt deferred beyond normal business terms or financed at a rate of interest that is not a market rate or in the case of an outright short-term loan not at market rate, the financial asset or liability is measured, initially and subsequently, at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the statement of financial position when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

 

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 43 (2025 - 37).

4	Auditors' remuneration

	2026 £	2025 £
Audit of the financial statements	10,307	9,432

 

5	Profit before tax

Arrived at after charging/(crediting)

	2026 £	2025 £
Depreciation expense	53,681	53,594
Amortisation expense	19,764	18,397

OCM Wealth Management Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

6

Taxation

Tax charged/(credited) in the profit and loss account

	2026 £	2025 £
Current taxation
UK corporation tax	176,809	116,981
UK corporation tax adjustment to prior periods	-	(22)
	176,809	116,959
Deferred taxation
Arising from origination and reversal of timing differences	2,079	(388)
Tax expense in the income statement	178,888	116,571

7	Intangible assets

	Other intangible assets  £	Total £
Cost or valuation
At 1 May 2025	93,280	93,280
Additions acquired separately	9,600	9,600
At 30 April 2026	102,880	102,880
Amortisation
At 1 May 2025	59,018	59,018
Amortisation charge	19,764	19,764
At 30 April 2026	78,782	78,782
Carrying amount
At 30 April 2026	24,098	24,098
At 30 April 2025	34,263	34,263

OCM Wealth Management Limited

Notes to the Financial Statements for the Year Ended 30 April 2026

8	Tangible assets

	Leasehold improvements £	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 May 2025	241,998	121,487	110,137	473,622
Additions	-	7,088	25,736	32,824
Disposals	-	(4,184)	(45,544)	(49,728)
At 30 April 2026	241,998	124,391	90,329	456,718
Depreciation
At 1 May 2025	96,058	89,074	88,613	273,745
Charge for the year	30,179	9,824	13,678	53,681
Eliminated on disposal	-	(4,122)	(44,599)	(48,721)
At 30 April 2026	126,237	94,776	57,692	278,705
Carrying amount
At 30 April 2026	115,761	29,615	32,637	178,013
At 30 April 2025	145,941	32,413	21,524	199,878

9	Investments

	2026 £	2025 £
Other investment	100,000	100,000
Investments in joint ventures	300	300
	100,300	100,300