Census Wealth Management Limited Company accounts

COMPANY REGISTRATION NUMBER: 07168493

Census Wealth Management Limited

Unaudited Abridged Financial Statements

31 December 2025

Census Wealth Management Limited

Abridged Financial Statements

Year ended 31 December 2025

Contents	Page

Directors' report	1

Abridged statement of income and retained earnings	2

Abridged statement of financial position	3

Notes to the abridged financial statements	5

Census Wealth Management Limited

Directors' Report

Year ended 31 December 2025

The directors present their report and the unaudited abridged financial statements of the company for the year ended 31 December 2025 .

Directors

The directors who served the company during the year were as follows:

Mr M Hope
Mrs E Hope

Small company provisions

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

This report was approved by the board of directors on 11 May 2026 and signed on behalf of the board by:

Mr M Hope

Director

Registered office:

305 Lichfield Road

Sutton Coldfield

West Midlands

B74 4BZ

Census Wealth Management Limited

Abridged Statement of Income and Retained Earnings

Year ended 31 December 2025

	2025	2024
Note	£	£
Gross profit	142,152	145,447

Administrative expenses	40,858	38,285
	---------	---------
Operating profit	101,294	107,162

Other interest receivable and similar income		2,410	1,393
Interest payable and similar expenses		( 13)	–
		---------	---------
Profit before taxation	5	103,717	108,555

Tax on profit	23,747	25,046
	---------	---------
Profit for the financial year and total comprehensive income	79,970	83,509
	---------	---------

Dividends paid and payable	( 70,000)	( 67,000)

Retained earnings at the start of the year	82,036	65,527
	--------	--------
Retained earnings at the end of the year	92,006	82,036
	--------	--------

All the activities of the company are from continuing operations.

Census Wealth Management Limited

Abridged Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	6		147	221

Current assets

Debtors	3,447	4,314
Cash at bank and in hand	117,214	107,174
	---------	---------
	120,661	111,488

Creditors: amounts falling due within one year	28,702		29,573
	---------		---------
Net current assets		91,959	81,915
		--------	--------
Total assets less current liabilities		92,106	82,136
		--------	--------
Net assets		92,106	82,136
		--------	--------

Capital and reserves

Called up share capital	100	100
Profit and loss account	92,006	82,036
	--------	--------
Shareholders funds	92,106	82,136
	--------	--------

These abridged financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

For the year ending 31 December 2025 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 abridged financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .

All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Census Wealth Management Limited

Abridged Statement of Financial Position (continued)

31 December 2025

These abridged financial statements were approved by the board of directors and authorised for issue on 11 May 2026 , and are signed on behalf of the board by:

Mr M Hope

Director

Company registration number: 07168493

Census Wealth Management Limited

Notes to the Abridged Financial Statements

Year ended 31 December 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 305 Lichfield Road, Sutton Coldfield, West Midlands, B74 4BZ.

2. Statement of compliance

These abridged financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The abridged financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The abridged financial statements are prepared in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	Fully depreciated
Equipment	-	33% straight line

Impairment of fixed assets

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.

Financial instruments

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 entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).

5. Profit before taxation

Profit before taxation is stated after charging:

	2025	2024
	£	£
Depreciation of tangible assets	74	110
	----	----

6. Tangible assets

	£
Cost
At 1 January 2025 and 31 December 2025	2,897
	-------
Depreciation
At 1 January 2025	2,676
Charge for the year	74
	-------
At 31 December 2025	2,750
	-------
Carrying amount
At 31 December 2025	147
	-------
At 31 December 2024	221
	-------

7. Financial instruments

Financial instruments such as trade debtors, cash and trade creditors arise from the company's operations.

8. Directors' advances, credits and guarantees

During the year, the company made interest-free advances to a director amounting to £8,086 (2024: £615). These were repayable on demand. The company received repayments of £8,086 (2024: £615).

9. Related party transactions

At 31 December 2025 the company had outstanding loans due to the directors of £508 (2024: £583) included within other creditors. All related party loans are interest-free and repayable on demand.