REGISTERED NUMBER: 06359204 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Vanquish Financial Consultants Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P Marriott

Mrs J Marriott

SECRETARY:

P Marriott

REGISTERED OFFICE:

10 Eagleton Drive

High Green

Sheffield

South Yorkshire

S35 4DS

REGISTERED NUMBER:

06359204 (England and Wales)

ACCOUNTANT:

L Green & Co

Chartered Certified Accountants

14 Mayfields

Scawthorpe

Doncaster

South Yorkshire

DN5 7UA

FIXED ASSETS

Intangible assets

4

1

1

Tangible assets

5

13

13

14

14

CURRENT ASSETS

Debtors

6

22,948

27,625

Cash at bank and in hand

10,065

5,133

33,013

32,758

CREDITORS

Amounts falling due within one year

7

54,072

42,773

NET CURRENT LIABILITIES

(21,059

)

(10,015

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(21,045

)

(10,001

)

CREDITORS

Amounts falling due after more than one year

8

3,362

4,240

NET LIABILITIES

(24,407

)

(14,241

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(24,409

)

(14,243

)

SHAREHOLDERS' FUNDS

(24,407

)

(14,241

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 31 May 2026 and were signed on its behalf by:

P Marriott - Director

Mrs J Marriott - Director

1.	STATUTORY INFORMATION

Vanquish Financial Consultants 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.

The accounts have been prepared under the historical cost convention, however, this is dependent on the continued support of the company's creditors. If this support is withdrawn then the accounts would need to be restated.

Turnover

Turnover represents commissions received for new and ongoing mortgage, insurance and investment policies taken out, along with fixed fees for the arrangement of new policies. It is adjusted for an element of clawbacks taken and provided for.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, 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.

Office equipment

-

15% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 September 2024

and 31 August 2025

70,000

AMORTISATION

At 1 September 2024

and 31 August 2025

69,999

NET BOOK VALUE

At 31 August 2025

1

At 31 August 2024

1

5.	TANGIBLE FIXED ASSETS

Office

equipment

£

COST

At 1 September 2024

and 31 August 2025

2,688

DEPRECIATION

At 1 September 2024

and 31 August 2025

2,675

NET BOOK VALUE

At 31 August 2025

13

At 31 August 2024

13

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Accounts receivable

19,130

23,807

Other debtors

3,818

3,818

22,948

27,625

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

946

946

Trade creditors

1

1

Tax

20,390

20,390

Directors' current accounts

27,062

15,620

Accrued expenses

5,673

5,816

54,072

42,773

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans - 1-2 years

946

946

Bank loans - 2-5 years

2,286

2,837

Bank loans more 5 yr by instal

130

457

3,362

4,240

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

130

457

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

P Marriott and Mrs J Marriott

Balance outstanding at start of year

(15,620

)

(2,290

)

Amounts advanced

23,720

18,407

Amounts repaid

(35,162

)

(31,737

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(27,062

)

(15,620

)

10.	ULTIMATE CONTROLLING PARTY