Company No: 07879034 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	J E Bloodworth
	J W Lawson
	S J Poland (Resigned 13 May 2025)

REGISTERED OFFICE	2nd Floor
	South One Castle Park
	Tower Hill
	Bristol
	BS2 0JA
	United Kingdom

COMPANY NUMBER

07879034 (England and Wales)

ACCOUNTANT	Gravita Western Limited
	2nd Floor, South
	One Castle Park
	Tower Hill
	Bristol
	BS2 0JA
	United Kingdom

	Note	2026		2025
		£		£
Fixed assets
Intangible assets	3	167,332		209,166
Tangible assets	4	9,380		5,232
Investments	5	20,350		20,350
		197,062		234,748
Current assets
Debtors	6	401,560		371,763
Cash at bank and in hand		438,292		505,938
		839,852		877,701
Creditors: amounts falling due within one year	7	( 190,660)		( 181,095)
Net current assets		649,192		696,606
Total assets less current liabilities		846,254		931,354
Provision for liabilities		( 1,967)		( 315)
Net assets		844,287		931,039
Capital and reserves
Called-up share capital		8		8
Capital redemption reserve		2		2
Profit and loss account		844,277		931,029
Total shareholders' funds		844,287		931,039

For the financial year ending 31 March 2026 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 financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Fiveways Financial Planning Limited (registered number: 07879034) were approved and authorised for issue by the Board of Directors on 05 August 2026. They were signed on its behalf by:

J W Lawson Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Fiveways Financial Planning Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 2nd Floor, South One Castle Park, Tower Hill, Bristol, BS2 0JA, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

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

Basis of consolidation

The financial statements contain information about Fiveways Financial Planning Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services provided in the normal course of business, net of discounts, VAT and other sales related taxes.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill

10 years straight line

Goodwill

Goodwill, being the amount paid in connection with the aquisition of a business is measured at cost less accumulated amortisation and impairment losses. It is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Fixtures and fittings	25 % reducing balance
Computer equipment	3 years straight line

Cash and cash equivalents

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

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either 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.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

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 payments 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. Amounts 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.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Lease commitments

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

Secured Debt

The Company's bankers hold fixed and floating charges over the Company's property and undertakings.

2. Employees

	2026		2025
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	21		18

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 April 2025	418,335		418,335
At 31 March 2026	418,335		418,335
Accumulated amortisation
At 01 April 2025	209,169		209,169
Charge for the financial year	41,834		41,834
At 31 March 2026	251,003		251,003
Net book value
At 31 March 2026	167,332		167,332
At 31 March 2025	209,166		209,166

4. Tangible assets

	Fixtures and fittings		Computer equipment		Total
	£		£		£
Cost
At 01 April 2025	5,662		49,816		55,478
Additions	0		7,061		7,061
At 31 March 2026	5,662		56,877		62,539
Accumulated depreciation
At 01 April 2025	3,712		46,534		50,246
Charge for the financial year	487		2,426		2,913
At 31 March 2026	4,199		48,960		53,159
Net book value
At 31 March 2026	1,463		7,917		9,380
At 31 March 2025	1,950		3,282		5,232

5. Fixed asset investments

Investments in subsidiaries

	2026
	£
Cost
At 01 April 2025	20,350
At 31 March 2026	20,350
Carrying value at 31 March 2026	20,350
Carrying value at 31 March 2025	20,350

6. Debtors

	2026		2025
	£		£
Trade debtors	111,972		85,371
Amounts owed by Group undertakings	277,509		277,156
Other debtors	12,079		9,236
	401,560		371,763

7. Creditors: amounts falling due within one year

	2026		2025
	£		£
Trade creditors	16,346		21,935
Amounts owed to Group undertakings	20,000		20,000
Taxation and social security	135,166		138,368
Other creditors	19,148		792
	190,660		181,095

8. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2026		2025
	£		£
Within one year	31,990		34,841
Between one and five years	30,815		62,805
	62,805		97,646

9. Related party transactions

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.