REGISTERED NUMBER: SC410292 (Scotland)

Unaudited Financial Statements

for the Year Ended 31 March 2026

for

Focus Financial Advisory Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr N R Shelton

Mr J Hannah

REGISTERED OFFICE:

42 Queens Road

Aberdeen

AB15 4YE

REGISTERED NUMBER:

SC410292 (Scotland)

ACCOUNTANTS:

SBP

Accountants

42 Queens Road

Aberdeen

AB15 4YE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

2,802

1,696

Investments

6

146,345

140,639

149,147

142,335

CURRENT ASSETS

Debtors

7

105,232

59,870

Cash at bank

192,547

208,759

297,779

268,629

CREDITORS

Amounts falling due within one year

8

36,180

50,768

NET CURRENT ASSETS

261,599

217,861

TOTAL ASSETS LESS CURRENT LIABILITIES

410,746

360,196

PROVISIONS FOR LIABILITIES

7,816

493

NET ASSETS

402,930

359,703

CAPITAL AND RESERVES

Called up share capital

2,000

2,000

Revaluation reserve

9

10,471

282

Retained earnings

390,459

357,421

402,930

359,703

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 1 July 2026 and were signed on its behalf by:

Mr N R Shelton - Director

1.	STATUTORY INFORMATION

Focus Financial Advisory Ltd 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.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of ten 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 reducing balance

Computer equipment

-

33% on cost

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 4 (2025 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

89,696

AMORTISATION

At 1 April 2025

and 31 March 2026

89,696

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 April 2025

2,114

6,456

8,570

Additions

-

1,906

1,906

At 31 March 2026

2,114

8,362

10,476

DEPRECIATION

At 1 April 2025

1,175

5,699

6,874

Charge for year

188

612

800

At 31 March 2026

1,363

6,311

7,674

NET BOOK VALUE

At 31 March 2026

751

2,051

2,802

At 31 March 2025

939

757

1,696

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2025

140,639

Additions

108,198

Disposals

(115,836

)

Revaluations

13,344

At 31 March 2026

146,345

NET BOOK VALUE

At 31 March 2026

146,345

At 31 March 2025

140,639

Cost or valuation at 31 March 2026 is represented by:

Other

investments

£

Valuation in 2021

144

Valuation in 2022

920

Valuation in 2023

(7,507

)

Valuation in 2024

6,559

Valuation in 2025

254

Valuation in 2026

13,344

Cost

132,631

146,345

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Amounts recoverable on contract

77,619

44,726

Other debtors

27,613

15,144

105,232

59,870

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.26

31.3.25

£

£

Taxation and social security

32,213

34,317

Other creditors

3,967

16,451

36,180

50,768

9.

RESERVES

Revaluation

reserve

£

At 1 April 2025

282

Revaluation

10,189

At 31 March 2026

10,471

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

31.3.26

31.3.25

£

£

Mr N R Shelton

Balance outstanding at start of year

(13,038

)

(14,104

)

Amounts advanced

18,035

4,396

Amounts repaid

(3,330

)

(3,330

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

1,667

(13,038

)