Financial Planning Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06496697 (England and Wales)

FINANCIAL PLANNING SOLUTIONS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MAY 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

A J Tucker

SECRETARY:

P J Tucker

REGISTERED OFFICE:

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

REGISTERED NUMBER:

06496697 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

15,633

2,102

Investments

6

64,807

-

80,440

2,102

CURRENT ASSETS

Debtors

7

36,329

29,145

Cash at bank and in hand

131,068

164,981

167,397

194,126

CREDITORS

Amounts falling due within one year

8

56,226

46,033

NET CURRENT ASSETS

111,171

148,093

TOTAL ASSETS LESS CURRENT LIABILITIES

191,611

150,195

PROVISIONS FOR LIABILITIES

7,610

526

NET ASSETS

184,001

149,669

CAPITAL AND RESERVES

Called up share capital

9

100

Fair value reserve

11,105

-

Retained earnings

172,796

149,569

SHAREHOLDERS' FUNDS

184,001

149,669

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 21st July 2026 and were signed by:

A J Tucker - Director

1.	STATUTORY INFORMATION

Financial Planning Solutions Limited 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.

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 2009, has been 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.

Plant and machinery

-

25% on cost

Fixtures and fittings

-

25% on cost

Computer equipment

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss, 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 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st June 2025

and 31st May 2026

50,000

AMORTISATION

At 1st June 2025

and 31st May 2026

50,000

NET BOOK VALUE

At 31st May 2026

-

At 31st May 2025

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Computer

machinery

fittings

equipment

Totals

£

COST

At 1st June 2025

-

1,548

7,802

9,350

Additions

14,320

-

1,227

15,547

At 31st May 2026

14,320

1,548

9,029

24,897

DEPRECIATION

At 1st June 2025

-

1,548

5,700

7,248

Charge for year

895

-

1,121

2,016

At 31st May 2026

895

1,548

6,821

9,264

NET BOOK VALUE

At 31st May 2026

13,425

-

2,208

15,633

At 31st May 2025

-

2,102

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

Additions

50,000

Revaluations

14,807

At 31st May 2026

64,807

NET BOOK VALUE

At 31st May 2026

64,807

Cost or valuation at 31st May 2026 is represented by:

Other

investments

£

Valuation in 2026

14,807

Cost

50,000

64,807

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

30,000

27,000

Other debtors

4,649

11

Directors' current accounts

-

33

Prepayments and accrued income

1,680

2,101

36,329

29,145

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Corporation Tax

47,894

45,550

Social security and other taxes

-

25

Directors' current accounts

2,800

-

Accruals and deferred income

5,532

458

56,226

46,033

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

100

Ordinary

£1

100