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Registration number: 09835047

The Adviser Solutions Company (Tamworth) Limited
Unaudited Financial Statements
for the Year Ended 31 October 2025

The Adviser Solutions Company (Tamworth) Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 10

The Adviser Solutions Company (Tamworth) Limited

Company Information

Directors | G Clarke C M Saffer

Registered office | 34 Boulevard Weston-Super-Mare North Somerset BS23 1NF

Accountants | Four Fifty Partnership Chartered Accountants 34 Boulevard Weston-Super-Mare North Somerset BS23 1NF

The Adviser Solutions Company (Tamworth) Limited

(Registration number: 09835047)
Balance Sheet as at 31 October 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 4,517 | 2,447
Current assets |  |  |
Debtors | 5 | 2,049 | 1,380
Cash at bank and in hand |  | 6,929 | 21,175
|  | 8,978 | 22,555
Creditors: Amounts falling due within one year | 6 | (3,958) | (9,457)
Net current assets |  | 5,020 | 13,098
Total assets less current liabilities |  | 9,537 | 15,545
Creditors: Amounts falling due after more than one year | 6 | - | (5,230)
Provisions for liabilities |  | (858) | (465)
Net assets |  | 8,679 | 9,850
Capital and reserves |  |  |
Called up share capital | 8 | 100 | 100
Retained earnings |  | 8,579 | 9,750
Shareholders' funds |  | 8,679 | 9,850

For the financial year ending 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

The Adviser Solutions Company (Tamworth) Limited

(Registration number: 09835047)
Balance Sheet as at 31 October 2025

Approved and authorised by the Board on 24 July 2026 and signed on its behalf by:

......................................... G Clarke Director
......................................... C M Saffer Director

The Adviser Solutions Company (Tamworth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

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:
34 Boulevard
Weston-Super-Mare
North Somerset
BS23 1NF
United Kingdom

The principal place of business is:
Obsidian House
Hints Road
Mile Oak
Tamworth
Staffordshire
B78 3PQ
United Kingdom

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.

The presentation currency of the financial statements is Pound Sterling (£).

The Adviser Solutions Company (Tamworth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

2 | Accounting policies (continued)

Revenue recognition

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 value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue 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.

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.

The Adviser Solutions Company (Tamworth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

2 | Accounting policies (continued)

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
Office equipment | 3 year straight line
Furniture and Fittings | 15% reducing balance

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.

Trade debtors

Trade debtors are amounts due from customers for 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.

The Adviser Solutions Company (Tamworth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

2 | Accounting policies (continued)

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.

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.

3 | Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2024 - 2).

The Adviser Solutions Company (Tamworth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

4 | Tangible assets

| Furniture, fittings and equipment £ | Total £
Cost or valuation
At 1 November 2024 | 7,131 | 7,131
Additions | 3,473 | 3,473
At 31 October 2025 | 10,604 | 10,604
Depreciation
At 1 November 2024 | 4,684 | 4,684
Charge for the year | 1,403 | 1,403
At 31 October 2025 | 6,087 | 6,087
Carrying amount
At 31 October 2025 | 4,517 | 4,517
At 31 October 2024 | 2,447 | 2,447

The Adviser Solutions Company (Tamworth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

5 | Debtors

Current | 2025 £ | 2024 £
Prepayments | 231 | 230
Other debtors | 1,818 | 1,150
| 2,049 | 1,380

6 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 7 | - | 4,704
Trade creditors |  | 1,199 | 1,097
Taxation and social security |  | - | 1,577
Accruals and deferred income |  | 976 | 960
Other creditors |  | 1,783 | 1,119
|  | 3,958 | 9,457

Creditors includes a bank loans which is secured by the Government of NIL (2024 - £4,704).

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings | 7 | - | 5,230

Creditors includes a bank loan which is secured by the Government of NIL (2024 - £5,230).

The Adviser Solutions Company (Tamworth) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 October 2025

7 | Loans and borrowings

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 5,230

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 4,704

8 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary A shares of £1 each | 90 | 90 | 90 | 90
Ordinary B shares of £1 each | 10 | 10 | 10 | 10
| 100 | 100 | 100 | 100

9 | Related party transactions

Summary of transactions with other related parties

Obsidian Financial Limited
A company under common control of the directors.
During the year, the company received fees from Obsidian Financial limited of £21,800 (2024 - £15,290). These transactions are considered to be on an arms length basis.