Muirhead-Smith Wealth Management Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14820194

		31 October 2025		30 April 2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		-		100,201
Tangible Assets	5		-		730

			-		100,931
CURRENT ASSETS
Debtors	6	9,792		-
Cash at bank and in hand		19,989		3,275

		29,781		3,275
Creditors: Amounts Falling Due Within One Year	7	(5,749 )		(8,789 )

NET CURRENT ASSETS (LIABILITIES)			24,032		(5,514 )

TOTAL ASSETS LESS CURRENT LIABILITIES			24,032		95,417

NET ASSETS			24,032		95,417

CAPITAL AND RESERVES
Called up share capital	8		1		1
Share premium account			94,201		94,201
Profit and Loss Account			(70,170 )		1,215

SHAREHOLDERS' FUNDS			24,032		95,417

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Muirhead-Smith Wealth Management Ltd

Balance Sheet (continued)

As At 31 October 2025

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

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Maximilian Muirhead - Smith

Director

27/07/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Muirhead-Smith Wealth Management Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14820194 . The registered office is Unit 2, 2 Thayers Farm Road, Beckenham, Kent, BR3 4LZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value

added tax and other sales taxes.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 20 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Computer Equipment

15% on Cost

2.5. 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.

3. Average Number of Employees

Average number of employees, including directors, during the period was: 1 (2024: 1)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 May 2024	100,201
Additions	80,435
Disposals	(180,636 )

As at 31 October 2025	-

Net Book Value
As at 31 October 2025	-

As at 1 May 2024	100,201

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Muirhead-Smith Wealth Management Ltd

Notes to the Financial Statements (continued)

For the Period 1 May 2024 to 31 October 2025

5. Tangible Assets

	Plant & Machinery etc.
	£
Cost
As at 1 May 2024	800
Disposals	(800 )

As at 31 October 2025	-

Depreciation
As at 1 May 2024	70
Disposals	(70 )

As at 31 October 2025	-

Net Book Value
As at 31 October 2025	-

As at 1 May 2024	730

6. Debtors

	31 October 2025	30 April 2024
	£	£
Due within one year
Other debtors	9,792	-

7. Creditors: Amounts Falling Due Within One Year

	31 October 2025	30 April 2024
	£	£
Trade creditors	-	2
Other creditors	-	2,416
Taxation and social security	5,749	6,371

	5,749	8,789

8. Share Capital

	31 October 2025	30 April 2024
Allotted, called up and fully paid	£	£
1 Ordinary Shares of £ 1.00 each	1	1

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Muirhead-Smith Wealth Management Ltd

Notes to the Financial Statements (continued)

For the Period 1 May 2024 to 31 October 2025

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 May 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mr Maximilian Muirhead - Smith	(1,216 )	51,691	(40,683 )	-	9,792

As at the balance sheet date, the director's loan account was overdrawn by £9,792 (2024: in credit by £1,216). This was repaid within 9 months of the balance sheet date.

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