Company Registration No. 14248070 (England and Wales)
Webster Financial Management Limited
Unaudited accounts
for the year ended 31 December 2025
Webster Financial Management Limited
Unaudited accounts
Contents
Webster Financial Management Limited
Company Information
for the year ended 31 December 2025
Directors
Johnathan Webster
Laura Webster
Company Number
14248070 (England and Wales)
Registered Office
Cotton Court
Church Street
Preston
PR1 3BY
United Kingdom
Accountants
Stewart Advisory Limited
Cotton Court
Church Street
Preston
PR1 3BY
Webster Financial Management Limited
Statement of financial position
as at 31 December 2025
Intangible assets
1,162,243
586,232
Tangible assets
2,491
3,453
Cash at bank and in hand
46,632
19,175
Creditors: amounts falling due within one year
(223,911)
(238,581)
Net current liabilities
(118,283)
(199,703)
Total assets less current liabilities
1,046,451
389,982
Creditors: amounts falling due after more than one year
(817,959)
(244,025)
Net assets
228,492
145,957
Called up share capital
100
100
Profit and loss account
228,392
145,857
Shareholders' funds
228,492
145,957
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 22 July 2026 and were signed on its behalf by
Johnathan Webster
Director
Company Registration No. 14248070
Webster Financial Management Limited
Notes to the Accounts
for the year ended 31 December 2025
Webster Financial Management Limited is a private company, limited by shares, registered in England and Wales, registration number 14248070. The registered office is Cotton Court, Church Street, Preston, PR1 3BY, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible assets acquired as part of a business combination or subsequent intra-group reorganisation are recognised where they are identifiable, arise from contractual or other legal rights, and it is probable that future economic benefits attributable to the asset will flow to the company.
The company’s intangible assets comprise the contractual right to receive future income streams from assets under management and associated client relationships. These rights were recognised following the transfer of trade and assets into the company and are considered separable and capable of reliable measurement.
Intangible assets are initially measured at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.
Amortisation is charged to profit or loss on a systematic basis over the asset’s useful economic life. The useful economic life of the client relationship intangible has been assessed as 10 - 20 years, reflecting the long-term nature of client relationships, historical retention rates, and the expected pattern of economic benefits derived from recurring fee income streams.
The amortisation method and useful economic life are reviewed at each reporting date and adjusted if appropriate.
Intangible assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount may not be recoverable.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
50% reducing balance
Computer equipment
33.3% reducing balance
Webster Financial Management Limited
Notes to the Accounts
for the year ended 31 December 2025
4
Intangible fixed assets
Other
At 31 December 2025
1,243,910
Charge for the year
81,667
At 31 December 2025
81,667
At 31 December 2025
1,162,243
At 31 December 2024
586,232
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2025
3,500
5,574
9,074
At 31 December 2025
3,500
6,075
9,575
At 1 January 2025
2,625
2,996
5,621
Charge for the year
438
1,025
1,463
At 31 December 2025
3,063
4,021
7,084
At 31 December 2025
437
2,054
2,491
At 31 December 2024
875
2,578
3,453
Amounts falling due within one year
Accrued income and prepayments
58,996
19,303
7
Creditors: amounts falling due within one year
2025
2024
Taxes and social security
40,313
26,076
Other creditors
78,677
27,747
Loans from directors
102,828
184,608
Webster Financial Management Limited
Notes to the Accounts
for the year ended 31 December 2025
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
817,959
244,025
Aggregate of amounts that fall due for payment after five years
367,674
133,038
Within creditors falling due within one year and after one year, amounts of £761,059 (2024: £271,772) are secured by personal guarantees from the directors.
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Average number of employees
During the year the average number of employees was 3 (2024: 2).