REGISTERED NUMBER: 13153437 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 January 2026

for

Apex Financial Services & Wealth

Management Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr M A Jones

Mrs H Jones

REGISTERED OFFICE:

c/o Wilson Partners Limited

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

REGISTERED NUMBER:

13153437 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

TOR

Saint-Cloud Way

Maidenhead

Berkshire

SL6 8BN

FIXED ASSETS

Intangible assets

4

1,158,026

-

Tangible assets

5

6,031

7,225

Investments

6

-

1,173,675

1,164,057

1,180,900

CURRENT ASSETS

Debtors

7

67,016

81,487

Cash at bank

74,562

27,190

141,578

108,677

CREDITORS

Amounts falling due within one year

8

(149,026

)

(161,464

)

NET CURRENT LIABILITIES

(7,448

)

(52,787

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,156,609

1,128,113

CREDITORS

Amounts falling due after more than one year

9

(332,724

)

(402,771

)

PROVISIONS FOR LIABILITIES

(1,508

)

(1,806

)

NET ASSETS

822,377

723,536

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

822,177

723,336

822,377

723,536

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 10 July 2026 and were signed on its behalf by:

Mr M A Jones - Director

1.	STATUTORY INFORMATION

Apex Financial Services & Wealth Management Ltd 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.

Significant judgements and estimates

In the application of the company's accounting policies the directors are required to make judgements, estimates and assumptions about the carrying amounts of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

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.

The company does not make significant estimates and assumptions concerning the future.

Turnover

Turnover relates to income earned in respect of financial services and comprises initial fees and commission receivable at the outset of a policy renewal, commission receivable on regular contributions, trail commission based on funds under management and ongoing adviser charges. Income is recognised when the company has the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of Axis Financial Planning Limited in the year ended 31 January 2022 is being amortised evenly over its estimated useful life of twenty five years.

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.

Fixtures and fittings

-

20% on cost

Tangible fixed assets are included at cost less depreciation and impairment.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost less any impairments.

Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method, except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with changes recognised in profit and loss.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

Additions

1,173,675

At 31 January 2026

1,173,675

AMORTISATION

Charge for year

15,649

At 31 January 2026

15,649

NET BOOK VALUE

At 31 January 2026

1,158,026

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2025

7,913

Additions

431

At 31 January 2026

8,344

DEPRECIATION

At 1 February 2025

688

Charge for year

1,625

At 31 January 2026

2,313

NET BOOK VALUE

At 31 January 2026

6,031

At 31 January 2025

7,225

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 February 2025

1,173,675

Reclassification/transfer

(1,173,675

)

At 31 January 2026

-

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

1,173,675

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Other debtors

67,016

81,487

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

70,047

70,047

Trade creditors

482

867

Taxation and social security

63,812

58,506

Other creditors

14,685

32,044

149,026

161,464

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

332,724

402,771

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

46,698

116,745

The loan carries an interest rate of 8.25% (2025: 8.25%) and is repayable within 10 years.

10.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.1.26

31.1.25

£

£

Within one year

3,554

21,324

Between one and five years

-

3,554

3,554

24,878

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

Mr M A Jones and Mrs H Jones

Balance outstanding at start of year

31,184

84,975

Amounts advanced

113,769

140,101

Amounts repaid

(100,540

)

(193,892

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

44,413

31,184

12.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr M A Jones.