REGISTERED NUMBER: 11292283 (England and Wales)

SOUND FINANCIAL MANAGEMENT HOLDINGS

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

A Pollard

P Meatyard

S Murphy

REGISTERED OFFICE:

Windsor Villas

Lockyer Street

Plymouth

Devon

PL1 2QD

REGISTERED NUMBER:

11292283 (England and Wales)

ACCOUNTANTS:

Wilson Partners Limited

Chartered Accountants

7 Sandy Court

Ashleigh Way

Langage Business Park

Plymouth

Devon

PL7 5JX

FIXED ASSETS

Investments

5

53,851

336,404

CURRENT ASSETS

Debtors

6

1,842,019

938,318

Cash at bank

299,070

156,584

2,141,089

1,094,902

CREDITORS

Amounts falling due within one year

20,243

129,960

NET CURRENT ASSETS

2,120,846

964,942

TOTAL ASSETS LESS CURRENT LIABILITIES

2,174,697

1,301,346

CAPITAL AND RESERVES

Called up share capital

1,151

1,151

Retained earnings

2,173,546

1,300,195

2,174,697

1,301,346

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each 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.

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

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 December 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2026 and were signed on its behalf by:

A Pollard - Director

1.	STATUTORY INFORMATION

Sound Financial Management Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Related party exemption

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.

Taxation

Current tax is recognised for the amount of income tax payable in respect of the taxable profit for the current or past reporting periods using the tax rates and laws that have been enacted or substantively enacted by the reporting date.

Deferred tax is recognised in respect of all timing differences at the reporting date, except as otherwise indicated.

Deferred tax assets are only 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. If and when all conditions for retaining tax allowances for the cost of a fixed asset have been met, the deferred tax is reversed.

Deferred tax is calculated 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.

The tax expense (income) is presented either in profit or loss, other comprehensive income or equity depending on the transaction that resulted in the tax expense (income).

Pension costs and other post-retirement benefits

Short- term employee benefits and contributions to defined contribution plans are recognised as an expense in the period in which they are incurred.

Debtors

Short term debtors are measured at transaction price, less any impairment.

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at fair value with changes in fair value recognised in other comprehensive income.

Investments

Investments in shares are measured at fair value with any changes to fair value going through profit or loss, provided that they are publicly traded, or fair value can be measured reliably. Where fair value cannot be measured reliably, then the investment is carried at cost less impairment.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

5.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST OR VALUATION

At 1 January 2025

336,404

Disposals

(281,367

)

Revaluations

(1,186

)

At 31 December 2025

53,851

NET BOOK VALUE

At 31 December 2025

53,851

At 31 December 2024

336,404

Cost or valuation at 31 December 2025 is represented by:

Totals

£

Valuation in 2022

(95,974

)

Valuation in 2023

7,280

Valuation in 2024

53,547

Valuation in 2025

(282,553

)

Cost

371,551

53,851

6.

DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other debtors

-

122,367

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2025 and 31 December 2024:

2025

2024

£

£

A Pollard

Balance outstanding at start of year

217,829

35,239

Amounts advanced

-

352,085

Amounts repaid

(217,829

)

(169,495

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

217,829

P Meatyard

Balance outstanding at start of year

144,815

125,496

Amounts advanced

-

151,598

Amounts repaid

(144,815

)

(132,279

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

144,815

S Murphy

Balance outstanding at start of year

27,993

27,859

Amounts advanced

-

125,763

Amounts repaid

(27,993

)

(125,629

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

27,993

Interest is charged on these loan amounts at a rate of 2.25% triggered when the loan amount outstanding becomes greater than £10,000.

Overdrawn balances were repaid in the year.

8.	POST BALANCE SHEET EVENTS

On 30 April 2026, after the reporting date, the entire issued share capital of the company's subsidiary was acquired by Titan Advisory Holdings Limited. As a result, from that date the company became a subsidiary undertaking of Titan Advisory Holdings Limited.

Titan Advisory Holdings Limited is an indirect subsidiary of Theia Topco Limited, a company incorporated in England and Wales. Theia Topco Limited is therefore the company's ultimate parent undertaking and ultimate controlling party from 30 April 2026.

9.	ULTIMATE CONTROLLING PARTY

The Company’s immediate parent undertaking and ultimate controlling party is Sound Holdings Limited.

Copies of the financial statements for Sound Holdings Limited are available from Companies House and the registered office is Windsor Villas, Locker Street, Plymouth, PL1 2QD.