Company registration number 06198377 (England and Wales)
EDISON WEALTH MANAGEMENT LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
PAGES FOR FILING WITH REGISTRAR
EDISON WEALTH MANAGEMENT LIMITED
COMPANY INFORMATION
Directors
J Small
J Brown
Secretary
J Brown
Company number
06198377
Registered office
22a St. James's Square
London
England
SW1Y 4JH
Auditor
FLB Audit LLP
1010 Eskdale Road
Winnersh Triangle
Wokingham
Berkshire
RG41 5TS
EDISON WEALTH MANAGEMENT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 9
EDISON WEALTH MANAGEMENT LIMITED
BALANCE SHEET
AS AT
30 APRIL 2026
30 April 2026
- 1 -
2026
2025
as restated
Notes
£
£
£
£
Fixed assets
Tangible assets
5
6,283
7,195
Investments
6
109,246
-
0
115,529
7,195
Current assets
Debtors
7
94,424
190,558
Cash at bank and in hand
1,360,843
1,289,872
1,455,267
1,480,430
Creditors: amounts falling due within one year
8
(706,787)
(756,618)
Net current assets
748,480
723,812
Total assets less current liabilities
864,009
731,007
Provisions for liabilities
(2,931)
(1,819)
Net assets
861,078
729,188
Capital and reserves
Called up share capital
4,210
4,200
Profit and loss reserves
856,868
724,988
Total equity
861,078
729,188

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 10 August 2026 and are signed on its behalf by:
J Small
J Brown
Director
Director
Company registration number 06198377 (England and Wales)
EDISON WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2026
- 2 -
1
Accounting policies
Company information

Edison Wealth Management Limited is a private company limited by shares incorporated in England and Wales. The registered office is 22a St. James's Square, London, England, SW1Y 4JH.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

The financial statement true s have been prepared on a going concern basis, as despite the challenges to the wider UK economy, the company maintain s a strong balance sheet and cash balance with no borrowings. The business meets its day to day working capital requirements with its own cash reserves.

In assessing the appropriateness of applying the going concern basis in the preparation of the financial statements, the directors have considered the business liquidity and cashflow forecasts for a period to at least July 2027 and believe there is sufficient resources to continue in operational existence for the foreseeable future.

1.3
Revenue

Turnover represents net invoiced fees charged for services, excluding value added tax.

Fees charged for services related to the management of investment contracts are recognised as turnover as the services are provided.

1.4
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Website development
amortised evenly over their estimated useful life of five years.
1.5
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

EDISON WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
1
Accounting policies
(Continued)
- 3 -

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
33% on costs
Office equipment
33% on costs

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.6
Fixed asset investments

Listed Investments

Investments are a form of basic financial instrument and are initially recognised at their transaction value and subsequently measured at their fair value as at the statement of financial position date using the closing quoted market price. The statement of profit and loss includes net gains and losses arising on revaluation and disposals throughout the year.

All gains and losses are taken to the statement of profit and loss as they arise. Realised gains and losses on investments are calculated as the difference between the sales proceeds and their opening carrying value or their purchase value if acquired subsequent to the first day of the financial year. Unrealised gains and losses are calculated as the difference between the fair value at the year end and their carrying value. Realised and unrealised investment gains and losses are combined in the statement of profit and loss.

1.7
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.8
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts.

1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

EDISON WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
1
Accounting policies
(Continued)
- 4 -
Other financial assets

Other financial assets, including investments in equity instruments which are not subsidiaries, associates or joint ventures, are initially measured at fair value, which is normally the transaction price. Such assets are subsequently carried at fair value and the changes in fair value are recognised in profit or loss, except that investments in equity instruments that are not publicly traded and whose fair values cannot be measured reliably are measured at cost less impairment.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.10
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

EDISON WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
1
Accounting policies
(Continued)
- 5 -
1.11
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Annual bonus plan

The company operates an annual bonus plan for employees. An expense is recognised in the profit and loss account when the company has a legal or constructive obligation to make payments under the plan as a result of past events and a reliable estimate of the obligation can be made.

1.12
Retirement benefits

The company operates a defined contribution scheme for its employees. A defined contribution scheme is a pension plan under which the company pays fixed contributions into a independent administrator. Once the contributions have been paid the company has no further payment obligations. The contributions are recognised as an expense when they are due. Amounts not paid are shown in accruals in the statement of financial position..

1.13
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease d asset are consumed.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2026
2025
Number
Number
Total
9
8
3
Taxation
2026
2025
£
£
Current tax
UK corporation tax on profits for the current period
280,482
293,088
Benefit arising from a previously unrecognised tax loss or credit
-
0
(1,716)
Total current tax
280,482
291,372
EDISON WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
3
Taxation
2026
2025
£
£
Current tax
(Continued)
- 6 -
Deferred tax
Origination and reversal of timing differences
1,112
19
Total tax charge
281,594
291,391
4
Intangible fixed assets
Other
£
Cost
At 1 May 2025 and 30 April 2026
15,790
Amortisation and impairment
At 1 May 2025 and 30 April 2026
15,790
Carrying amount
At 30 April 2026
-
0
At 30 April 2025
-
0
5
Tangible fixed assets
Fixtures and fittings
Office equipment
Total
£
£
£
Cost
At 1 May 2025
2,007
22,452
24,459
Additions
-
0
4,038
4,038
At 30 April 2026
2,007
26,490
28,497
Depreciation and impairment
At 1 May 2025
2,007
15,257
17,264
Depreciation charged in the year
-
0
4,950
4,950
At 30 April 2026
2,007
20,207
22,214
Carrying amount
At 30 April 2026
-
0
6,283
6,283
At 30 April 2025
-
0
7,195
7,195
EDISON WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
- 7 -
6
Fixed asset investments
2026
2025
£
£
Other investments other than loans
109,246
-
0
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 May 2025
-
Additions
131,206
Valuation changes
9,283
Cash Held within managed fund
2,138
Disposals
(33,381)
At 30 April 2026
109,246
Carrying amount
At 30 April 2026
109,246
At 30 April 2025
-
7
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
53,991
152,065
Other debtors
17,600
17,600
Prepayments and accrued income
22,833
20,893
94,424
190,558
8
Creditors: amounts falling due within one year
2026
2025
as restated
£
£
Trade creditors
2,203
3,567
Corporation tax
280,482
293,034
Other taxation and social security
29,067
17,305
Other creditors
6,386
3,442
Accruals and deferred income
388,649
439,270
706,787
756,618
EDISON WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
- 8 -
9
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006.

The auditor's report is unqualified.

Senior Statutory Auditor:
Daniel Wesolowski
Statutory Auditor:
FLB Audit LLP
Date of audit report:
10 August 2026
10
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2026
2025
as restated
£
£
Total commitments
134,880
26,400
11
Enterprise Management Incentive Share Options

On 1 March 2024, the Company granted options over ‘D’ growth shares to certain employees. These options are exercisable as a result of a liquidity event, up to three months preceding the tenth anniversary of the grant date. Due to the conditional nature of the exercisability of the options and the significant uncertainty regarding the occurrence and timing of the relevant triggering events, the exercise date of these share options cannot be determined reliably.

On 8 February 2026, the company approved the exercise of options of 'D' growth shares to certain employees. These options were exercisable as a result of a director's resolution, prior to the ten year anniversary of the grant date. Given the conditional nature of the exercisability of the options, and the significant uncertainty regarding the occurrence and timing of the relevant triggering events, the exercise date of these share options were historically unable to be determined reliably. Therefore, no share based payment charge was recognised within the accounts historically.

12
Prior period adjustment

During the year, a prior-period error was identified in relation to sales that had been overstated. No services had been provided; therefore, no revenue should have been recognised.

EDISON WEALTH MANAGEMENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2026
12
Prior period adjustment
(Continued)
- 9 -
Reconciliation of changes in equity
1 May
30 April
2024
2025
£
£
Adjustments to prior year
Correction of sales
-
(67,534)
Equity as previously reported
392,170
796,722
Equity as adjusted
392,170
729,188
Analysis of the effect upon equity
Profit and loss reserves
-
(67,534)
Reconciliation of changes in profit for the previous financial period
2025
£
Adjustments to prior year
Correction of sales
(67,534)
Profit as previously reported
864,552
Profit as adjusted
797,018
Changes to the balance sheet
As previously reported
Adjustment
As restated at 30 Apr 2025
£
£
£
Creditors due within one year
Other creditors
(378,745)
(67,534)
(446,279)
Capital and reserves
Profit and loss reserves
792,522
(67,534)
724,988
Changes to the profit and loss account
As previously reported
Adjustment
As restated
Period ended 30 April 2025
£
£
£
Turnover
2,188,481
(67,534)
2,120,947
Profit for the financial period
864,552
(67,534)
797,018
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