Forum Wealth Management Limited iXBRL

Company Registration Number: 04812359

Forum Wealth Management Limited

Unaudited Financial Statements

for the financial year ended 31 March 2026

Forum Wealth Management Limited

Company Registration Number: 04812359

BALANCE SHEET

as at 31 March 2026

		2026	2025
	Notes	£	£

Fixed Assets

Tangible assets

3,797

1,257

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Current Assets

Debtors

13,377

8,691

Cash and cash equivalents

190,375

195,065

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203,752

203,756

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Creditors: amounts falling due within one year

(35,873)

(29,555)

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Net Current Assets

167,879

174,201

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Total Assets less Current Liabilities

171,676

175,458

Provisions for liabilities

(722)

(74)

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Net Assets

170,954

175,384

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Capital and Reserves

Called up share capital

7,200

7,200

Other reserves

10,850

10,850

Retained earnings

152,904

157,334

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Shareholders' Funds

170,954

175,384

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The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).

The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Directors' Report.

For the financial year ended 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.

The directors confirm that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.

Approved by the Board and authorised for issue on 13 August 2026 and signed on its behalf by



Mr Jonathan Downe
Director

Forum Wealth Management Limited

NOTES TO THE FINANCIAL STATEMENTS

for the financial year ended 31 March 2026

General Information

Forum Wealth Management Limited is a company limited by shares incorporated and registered in the United Kingdom. The registered number of the company is 04812359. The registered office of the company is 46 Aldgate High Street, London, EC3N 1AL which is also the principal place of business of the company. The principal activity is that of independent financial advisors The financial statements have been presented in Pound (£) which is also the functional currency of the company.

Summary of Significant Accounting Policies

The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.

Statement of compliance

The financial statements of the company for the financial year ended 31 March 2026 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Turnover

Turnover represents commissions received.

Tangible assets and depreciation

Tangible assets are stated at cost or at valuation, less accumulated depreciation. Cost comprises purchase price and other directly attributable costs. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:

Fixtures, fittings and equipment

33% and 20% on cost

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Employee benefits

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

Taxation and deferred taxation

Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more tax in the future, or a right to pay less tax in the future. Timing differences are temporary differences between the company's taxable profits and its results as stated in the financial statements.

Deferred tax is measured on an undiscounted basis at the tax rates that are anticipated to apply in the periods in which the timing differences are expected to reverse, based on tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date.

Ordinary share capital

The ordinary share capital of the company is presented as equity.

Employees

The average monthly number of employees, including directors, during the financial year was 6, (2025 - 6).


4.	Tangible assets
		Fixtures,	Total
		fittings and
		equipment
		£	£
	Cost
	At 1 April 2025	30,834	30,834
	Additions	4,885	4,885
		─────────	─────────
	At 31 March 2026	35,719	35,719
		─────────	─────────
	Depreciation
	At 1 April 2025	29,577	29,577
	Charge for the financial year	2,345	2,345
		─────────	─────────
	At 31 March 2026	31,922	31,922
		─────────	─────────
	Net book value
	At 31 March 2026	3,797	3,797
		═════════	═════════
	At 31 March 2025	1,257	1,257
		═════════	═════════


5.	Debtors	2026	2025
		£	£

	Other debtors	9,012	6,000
	Taxation	1,537	-
	Prepayments and accrued income	2,828	2,691
		─────────	─────────
		13,377	8,691
		═════════	═════════


6.	Creditors	2026	2025
	Amounts falling due within one year	£	£

	Bank overdrafts	16	16
	Trade creditors	1,768	496
	Taxation	-	2,278
	Directors' current accounts	18,255	11,165
	Other creditors	8,899	7,592
	Accruals	6,935	8,008
		─────────	─────────
		35,873	29,555
		═════════	═════════

Provisions for liabilities

The amounts provided for deferred taxation are analysed below:

Capital

Total

Total

allowances

2026

2025

At financial year start

Charged to profit and loss

648

648

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At financial year end

722

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