Company registration number 01358056 (England and Wales)
MONEYWISE INVESTMENTS PLC
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
MONEYWISE INVESTMENTS PLC
COMPANY INFORMATION
Directors
Mr P Adatia
Mrs S Adatia
Secretary
Mrs S Adatia
Company number
01358056
Registered office
440-442 Romford Road
Forest Gate
London
E7 8DF
Auditor
KLSA LLP
Kalamu House
11 Coldbath Square
London
EC1R 5HL
MONEYWISE INVESTMENTS PLC
CONTENTS
Page
Strategic report
1
Directors' report
2
Directors' responsibilities statement
3
Independent auditor's report
4 - 6
Profit and loss account
7
Statement of comprehensive income
8
Balance sheet
9
Statement of cash flows
10
Notes to the financial statements
11 - 22
MONEYWISE INVESTMENTS PLC
STRATEGIC REPORT
FOR THE YEAR ENDED 31 MARCH 2026
- 1 -

The directors present the strategic report for the year ended 31 March 2026.

Review of the business

The company's business has experienced considerable changes with the introduction of the Retail Distribution Review by The Financial Conduct Authority and having to obtain further professional qualifications in order to continue work within financial services and the changes in our charging structure from commission to fee charging. These changes have had a considerable impact on our clients. Acceptance of fee payment for advice, as opposed to commission has meant an initial decline in our client base. However, the directors believe that the changes designed to improve the quality and standard of advice available to their existing clients are likely to have a positive impact in the long term.

The results for the period under re view and its position at the year end were considered satisfactory by the directors. As shown in the company's profit and loss account set out on page 6, the company made a profit after tax of £109,371 (20 25 £62,463). The company's balance sheet on page 7 shows that its financial position remains strong with net asset s of £573,048 (20 25: £483,677).

Principal risks and uncertainties

The principal financial risks and uncertainties facing the Company are credit risk and liquidity risk. These risks, the exposure to such risks and management of risk are set out in note 21 of the financial statements.

Key performance indicators

The key performance indicators of the company are profit before tax and turnover.

During the year the company's profit before tax was £145,613 (2025: £73,922) and turnover of £798,029 (2025: £712,830).

On behalf of the board

Mr P Adatia
Director
11 August 2026
MONEYWISE INVESTMENTS PLC
DIRECTORS' REPORT
FOR THE YEAR ENDED 31 MARCH 2026
- 2 -

The directors present their annual report and financial statements for the year ended 31 March 2026.

Principal activities

The principal activity of the company continued to be that of insurance brokers and independent financial advisor s.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr P Adatia
Mrs S Adatia
Auditor
The auditor, KLSA LLP, are deemed to be reappointed under section 487(2) of the Companies Act 2006.
Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

Supplier Payment Policy

The Company does not follow any formal code of practice on payment, instead it agrees terms and conditions for transactions when orders for goods or services are placed, and includes relevant terms in contracts, as appropriate. These arrangements are adhered to when making payments, subject to the terms and conditions being met by suppliers.

On behalf of the board
Mr P Adatia
Director
11 August 2026
MONEYWISE INVESTMENTS PLC
DIRECTORS' RESPONSIBILITIES STATEMENT
FOR THE YEAR ENDED 31 MARCH 2026
- 3 -

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

MONEYWISE INVESTMENTS PLC
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF MONEYWISE INVESTMENTS PLC
- 4 -
Opinion

We have audited the financial statements of Moneywise Investments PLC (the 'company') for the year ended 31 March 2026 which comprise the profit and loss account, the statement of comprehensive income, the balance sheet, the statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the strategic report and the directors' r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

MONEYWISE INVESTMENTS PLC
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF MONEYWISE INVESTMENTS PLC (CONTINUED)
- 5 -
Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identifie d material misstatements in the strategic report and the directors' r eport. We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit; or

- the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption in preparing the directors' report.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

We assessed the susceptibility of the company’s financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

- making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

- considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

- performed analytical procedures to identify any unusual or unexpected relationships;

- tested journal entries to identify unusual transactions;

- assessed whether judgements and assumptions made in determining the accounting estimates were indicative of potential bias; and

- investigated the rationale behind significant or unusual transactions.

In response to the risk of irregularities and non-compliance with laws and regulations, we designed procedures which included, but were not limited to:

- agreeing financial statement disclosures to underlying supporting documentation; and

- enquiring of management as to actual and potential litigation and claims.

MONEYWISE INVESTMENTS PLC
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF MONEYWISE INVESTMENTS PLC (CONTINUED)
- 6 -

We obtained understanding of the legal and regulatory frameworks that are applicable to the company and determined that the most significant are those related to the financial reporting framework, tax regulations in the jurisdictions in which the company operates.

Based on this understanding we designed our audit procedures to identify non-compliance with laws and regulations. Our procedures involved: making enquiries of management, those responsible for legal and compliance procedures and reviewing other correspondence.

We communicated identified fraud risks and non-compliance with laws and regulations with those charged with governance, throughout the audit team and remained alert to any indications throughout the audit.

There are inherent limitations in the audit procedures described above. We are less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements. Also the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery, misrepresentations or through collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Harsheel Dodhia (Senior Statutory Auditor)
For and on behalf of KLSA LLP, Statutory Auditor
Chartered Accountants
Kalamu House
11 Coldbath Square
London
EC1R 5HL
11 August 2026
MONEYWISE INVESTMENTS PLC
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31 MARCH 2026
- 7 -
2026
2025
Notes
£
£
Turnover
3
798,028
712,830
Administrative expenses
(678,436)
(650,429)
Operating profit
4
119,592
62,401
Interest receivable and similar income
8
1,481
1,258
Fair value gains on financial instruments
9
24,540
10,263
Profit before taxation
145,613
73,922
Tax on profit
10
(36,242)
(11,459)
Profit for the financial year
109,371
62,463

The profit and loss account has been prepared on the basis that all operations are continuing operations.

MONEYWISE INVESTMENTS PLC
STATEMENT OF COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2026
- 8 -
2026
2025
£
£
Profit for the year
109,371
62,463
Other comprehensive income
-
-
Total comprehensive income for the year
109,371
62,463
MONEYWISE INVESTMENTS PLC
BALANCE SHEET
AS AT
31 MARCH 2026
31 March 2026
- 9 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
12
69,721
93,892
Investment property
13
80,000
-
0
Investments
14
386,314
361,774
536,035
455,666
Current assets
Debtors
16
88,510
42,856
Cash at bank and in hand
282,716
280,110
371,226
322,966
Creditors: amounts falling due within one year
17
(334,213)
(294,955)
Net current assets
37,013
28,011
Net assets
573,048
483,677
Capital and reserves
Called up share capital
19
50,000
50,000
Profit and loss reserves
523,048
433,677
Total equity
573,048
483,677
The financial statements were approved by the board of directors and authorised for issue on 11 August 2026 and are signed on its behalf by:
Mr P Adatia
Director
Company registration number 01358056 (England and Wales)
MONEYWISE INVESTMENTS PLC
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2026
- 10 -
2026
2025
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
23
112,637
80,167
Income taxes (paid)/refunded
(11,512)
1
Net cash inflow from operating activities
101,125
80,168
Investing activities
Purchase of tangible fixed assets
-
0
(955)
Purchase of investment property
(80,000)
-
0
Interest received
1,481
1,258
Net cash (used in)/generated from investing activities
(78,519)
303
Financing activities
Dividends paid
(20,000)
-
0
Net cash used in financing activities
(20,000)
-
Net increase in cash and cash equivalents
2,606
80,471
Cash and cash equivalents at beginning of year
280,110
199,639
Cash and cash equivalents at end of year
282,716
280,110
MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2026
- 11 -
1
Accounting policies
Company information

Moneywise Investments PLC is a private company limited by shares incorporated in England and Wales. The registered office is 440-442 Romford Road, Forest Gate, London, E7 8DF.

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.

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 the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Turnover represents commissions and fees received for the provis i on of insurance brokerage and independent financial advice, net of sales tax.

Turnover from insurance brokerage commission is recognised at the date upon which the policy terms and conditions are agreed with all parties.

Financial advice fees are recognised when the investment products are undertaken.

1.4
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.

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:

Leasehold improvements
Over the term of the lease
Fixtures, fittings & equipment
15% on Reducing balance
Computer equipment
25% on Reducing balance
Motor vehicles
20% on Reducing balance

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.

1.5
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 12 -
1.6
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

Entities in which the company has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

1.7
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible 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.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

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. Bank overdrafts are shown within borrowings in current liabilities.

MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 13 -
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.

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, bank loans, loans from fellow group companies and preference shares that are classified as debt, 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
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.11
Derivatives

Derivatives are initially recognised at fair value at the date a derivative contract is entered into and are subsequently remeasured to fair value at each reporting end date. The resulting gain or loss is recognised in profit or loss immediately unless the derivative is designated and effective as a hedging instrument, in which event the timing of the recognition in profit or loss depends on the nature of the hedge relationship.

A derivative with a positive fair value is recognised as a financial asset, whereas a derivative with a negative fair value is recognised as a financial liability.

1.12
Taxation

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

MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
1
Accounting policies
(Continued)
- 14 -
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.

1.13
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.

1.14
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.15
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Judgements and key sources of estimation uncertainty

Estimates and judgments are continually evaluated and are based on histor i cal experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 15 -
3
Turnover and other revenue

An analysis of the company's turnover is as follows:

2026
2025
£
£
Turnover analysed by class of business
Insurance brokerage
458,180
366,820
Non-insurance services
339,848
346,010
798,028
712,830
2026
2025
£
£
Turnover analysed by geographical market
UK Sales
798,028
712,830
2026
2025
£
£
Other revenue
Interest income
1,481
1,258
4
Operating profit
2026
2025
Operating profit for the year is stated after charging:
£
£
Depreciation of tangible fixed assets
24,171
28,148
5
Auditor's remuneration
2026
2025
Fees payable to the company's auditor and associates:
£
£
For audit services
Audit of the financial statements of the company
5,062
4,874
6
Employees

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

2026
2025
Number
Number
Admin and management
9
10
MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
6
Employees
(Continued)
- 16 -

Their aggregate remuneration comprised:

2026
2025
£
£
Wages and salaries
236,399
240,847
Social security costs
16,135
22,567
Pension costs
124,511
122,749
377,045
386,163
7
Directors' remuneration
2026
2025
£
£
Remuneration for qualifying services
60,000
60,000
Company pension contributions to defined contribution schemes
120,000
120,000
180,000
180,000
8
Interest receivable and similar income
2026
2025
£
£
Interest income
Interest on bank deposits
1,481
1,258
2026
2025
Investment income includes the following:
£
£
Interest on financial assets not measured at fair value through profit or loss
1,481
1,258
9
Fair value gains/(losses) on financial instruments
Fixed asset investments
2026
2025
£
£
Fair value gains/(losses) on financial instruments
Change in value of financial assets held at fair value through profit or loss
24,540
10,263
10
Taxation
2026
2025
£
£
Current tax
UK corporation tax on profits for the current period
36,242
11,459
MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
10
Taxation
(Continued)
- 17 -

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2026
2025
£
£
Profit before taxation
145,613
73,922
Expected tax charge based on the standard rate of corporation tax in the UK of 25.00% (2025: 25.00%)
36,403
18,481
Tax effect of expenses that are not deductible in determining taxable profit
(6,204)
(13,820)
Permanent capital allowances in excess of depreciation
6,043
6,798
Taxation charge for the year
36,242
11,459
11
Dividends
2026
2025
£
£
Final paid
20,000
-
0
12
Tangible fixed assets
Leasehold improvements
Fixtures, fittings & equipment
Computer equipment
Motor vehicles
Total
£
£
£
£
£
Cost
At 1 April 2025 and 31 March 2026
78,205
140,181
1,114
121,520
341,020
Depreciation and impairment
At 1 April 2025
67,777
133,035
834
45,482
247,128
Depreciation charged in the year
7,821
1,072
70
15,208
24,171
At 31 March 2026
75,598
134,107
904
60,690
271,299
Carrying amount
At 31 March 2026
2,607
6,074
210
60,830
69,721
At 31 March 2025
10,428
7,146
280
76,038
93,892
MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 18 -
13
Investment property
2026
£
Fair value
At 1 April 2025
-
0
Additions through external acquisition
80,000
At 31 March 2026
80,000

Investment property comprises properties - garages held to earn rentals or capital appreciation. The fair value of the investment property has been arrived at on the basis of a valuation carried out by the directors. The valuation was made on an open market value basis by reference to market evidence of transaction prices for similar properties.

14
Fixed asset investments
2026
2025
£
£
Unlisted investments
386,314
361,774
Movements in fixed asset investments
Investments
£
Cost or valuation
At 1 April 2025
361,774
Additions
24,540
At 31 March 2026
386,314
Carrying amount
At 31 March 2026
386,314
At 31 March 2025
361,774
15
Financial instruments
2026
2025
£
£
Carrying amount of financial assets
Debt instruments measured at amortised cost
87,135
41,481
Instruments measured at fair value through profit or loss
386,314
361,774
Carrying amount of financial liabilities
Measured at amortised cost
289,559
251,447
MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 19 -
16
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
87,135
41,481
Prepayments and accrued income
1,375
1,375
88,510
42,856
17
Creditors: amounts falling due within one year
2026
2025
£
£
Trade creditors
238,777
201,253
Corporation tax
36,242
11,512
Other taxation and social security
8,412
31,996
Other creditors
22,400
21,812
Accruals and deferred income
28,382
28,382
334,213
294,955
18
Retirement benefit schemes
2026
2025
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
124,511
122,749

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

19
Share capital
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
ordinary shares of £1 each
50,000
50,000
50,000
50,000
MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 20 -
20
Related party transactions
Remuneration of key management personnel

The remuneration of key management personnel is as follows.

2026
2025
£
£
Aggregate compensation
241,375
224,039

The directors own part of the premises rented by the company. The rent paid to the directors during the year ended 31 March 2026 was £24,000 (2025: £24,000).

At the balance sheet date, the balance due to the director is £22,400 (2025: £22,400).

Dividends amounting to £20,000 (2025: £0) were paid in the year in respect of shares held by the company's directors.

21
Ultimate controlling party

The ultimate controlling parties are Mr P Adatia and Mrs S Adatia who jointly own 100% of the issued share capital.

MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 21 -
22
Financial risk management

Fair Value

The fair value hierarchy groups assets and liabilities measured at fair value according to the extent to which the inputs used to determine the fair values are observable:

• Level 1: Inputs derived from quoted prices (unadjusted) in active markets, that the entity can access at the measurement date, for identical assets or liabilities;

• Level 2: Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. prices) or indirectly (i.e. derived from prices);

• Level 3: Inputs which are not observable from market data and which are derived from valuation techniques.

The fair value hierarchy level is determined based on the lowest level input that is significant to the valuation.

Market risk

Market risk is the risk that movements in market factors including interest rates or foreign exchange rates will impact the Company's income.

a) Price risk

The Company invests in financial instruments, taking positions on listed and unlisted investments, in order to take advantage of movements in the equity and fixed income markets.

All securities investments present a risk of loss of capital. The directors moderate this risk through diversification of the investment portfolio.

The Company’s overall market positions are monitored on a daily basis by the directors.

b) Interest rate risk

Interest rate risk arises where the fair value or future cash flows of a financial instrument will fluctuate due to changes in market interest rates.

The Company has no significant exposure to interest rate risk on financial assets or liabilities.

c) Foreign exchange risk

During the financial year 2025-26, the Company has not been exposed to foreign exchange risk.

Credit risk

Credit risk refers to the risk that a counterparty will be unable to pay amounts in full when they fall due, resulting in a financial loss for the Company.

The Company does not consider there to be any significant risk in respect of the receivables. Cash and other deposit are held in banks with high credit ratings.

Regular reviews are undertaken by the directors to assess the evaluate the level of debtors.

Liquidity risk

Liquidity risk is the risk that an entity will encounter difficulty in meeting obligations associated with financial liabilities as they fall due.

The Company monitors its cash flow requirements on a weekly basis and compare expected cash flow obligations with expected cash flow receipts to ensure they are appropriately aligned. The directors manages liquidity risk for the Company as described above for risks generally.

MONEYWISE INVESTMENTS PLC
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2026
- 22 -
23
Cash generated from operations
2026
2025
£
£
Profit for the year after tax
109,371
62,463
Adjustments for:
Taxation charged
36,242
11,459
Investment income
(1,481)
(1,258)
Depreciation and impairment of tangible fixed assets
24,171
28,148
Amounts written off investments
(24,540)
(10,263)
Movements in working capital:
(Increase) in debtors
(45,654)
(11,550)
Increase in creditors
14,528
1,168
Cash generated from operations
112,637
80,167
24
Analysis of changes in net funds
1 April 2025
Cash flows
31 March 2026
£
£
£
Cash at bank and in hand
280,110
2,606
282,716
2026-03-31 2025-04-01 false false false CCH Software CCH Accounts Production 2026.100 Mr P Adatia Mrs S Adatia Mrs S Adatia 01358056 2025-04-01 2026-03-31 01358056 bus:Director1 2025-04-01 2026-03-31 01358056 bus:CompanySecretaryDirector1 2025-04-01 2026-03-31 01358056 bus:CompanySecretary1 2025-04-01 2026-03-31 01358056 bus:Director2 2025-04-01 2026-03-31 01358056 bus:RegisteredOffice 2025-04-01 2026-03-31 01358056 2026-03-31 01358056 2024-04-01 2025-03-31 01358056 2025-03-31 01358056 core:LeaseholdImprovements 2026-03-31 01358056 core:FurnitureFittings 2026-03-31 01358056 core:ComputerEquipment 2026-03-31 01358056 core:MotorVehicles 2026-03-31 01358056 core:LeaseholdImprovements 2025-03-31 01358056 core:FurnitureFittings 2025-03-31 01358056 core:ComputerEquipment 2025-03-31 01358056 core:MotorVehicles 2025-03-31 01358056 core:CurrentFinancialInstruments core:WithinOneYear 2026-03-31 01358056 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 01358056 core:ShareCapital 2026-03-31 01358056 core:ShareCapital 2025-03-31 01358056 core:RetainedEarningsAccumulatedLosses 2026-03-31 01358056 core:RetainedEarningsAccumulatedLosses 2025-03-31 01358056 core:ShareCapitalOrdinaryShareClass1 2026-03-31 01358056 core:ShareCapitalOrdinaryShareClass1 2025-03-31 01358056 2025-03-31 01358056 2024-03-31 01358056 core:LeaseholdImprovements 2025-04-01 2026-03-31 01358056 core:FurnitureFittings 2025-04-01 2026-03-31 01358056 core:ComputerEquipment 2025-04-01 2026-03-31 01358056 core:MotorVehicles 2025-04-01 2026-03-31 01358056 core:UKTax 2025-04-01 2026-03-31 01358056 core:UKTax 2024-04-01 2025-03-31 01358056 core:LeaseholdImprovements 2025-03-31 01358056 core:FurnitureFittings 2025-03-31 01358056 core:ComputerEquipment 2025-03-31 01358056 core:MotorVehicles 2025-03-31 01358056 core:Non-currentFinancialInstruments core:UnlistedNon-exchangeTraded 2026-03-31 01358056 core:Non-currentFinancialInstruments core:UnlistedNon-exchangeTraded 2025-03-31 01358056 core:CurrentFinancialInstruments 2026-03-31 01358056 core:CurrentFinancialInstruments 2025-03-31 01358056 bus:OrdinaryShareClass1 2025-04-01 2026-03-31 01358056 bus:OrdinaryShareClass1 2026-03-31 01358056 bus:OrdinaryShareClass1 2025-03-31 01358056 bus:PrivateLimitedCompanyLtd 2025-04-01 2026-03-31 01358056 bus:FRS102 2025-04-01 2026-03-31 01358056 bus:Audited 2025-04-01 2026-03-31 01358056 bus:FullAccounts 2025-04-01 2026-03-31 xbrli:pure xbrli:shares iso4217:GBP