Company No: 05225369 (England and Wales)

Contents

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

DIRECTOR

John Thomas Patrick Gentry

SECRETARY

John Thomas Patrick Gentry

REGISTERED OFFICE	Foxley House
	Lonsdale Road
	Newton Abbot
	TQ12 1DT
	United Kingdom

COMPANY NUMBER

05225369 (England and Wales)

ACCOUNTANT	Gravita Western Limited
	Keble House
	Southernhay Gardens
	Exeter
	EX1 1NT
	United Kingdom

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	11,532		21,219
		11,532		21,219
Current assets
Debtors	5	24,827		21,204
Investments	6	431,274		363,624
Cash at bank and in hand		25,682		25,645
		481,783		410,473
Creditors: amounts falling due within one year	7	( 119,410)		( 96,656)
Net current assets		362,373		313,817
Total assets less current liabilities		373,905		335,036
Provision for liabilities		( 2,883)		( 5,305)
Net assets		371,022		329,731
Capital and reserves
Called-up share capital		100		100
Profit and loss account		370,922		329,631
Total shareholder's funds		371,022		329,731

For the financial year ending 30 November 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges 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 Thomas and Gentry Independent Financial Advisors Limited (registered number: 05225369) were approved and authorised for issue by the Director on 21 August 2026. They were signed on its behalf by:

John Thomas Patrick Gentry 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

Thomas and Gentry Independent Financial Advisors 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 Foxley House, Lonsdale Road, Newton Abbot, TQ12 1DT, 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 £.

Turnover

Turnover represents amounts chargeable in respect of commissions earned falling within the company's ordinary activities

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

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

5 - 20 years straight line

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:

Plant and machinery etc.

15 - 33 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Investments
Current asset investments are stated at the lower of cost and net realisable value.

Pension costs

The company operates a defined contribution pension scheme for staff and one director. Contributions are expensed as they become payable.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	8		6

3. Intangible assets

	Goodwill		Total
	£		£
Cost
At 01 December 2024	303,484		303,484
At 30 November 2025	303,484		303,484
Accumulated amortisation
At 01 December 2024	303,484		303,484
At 30 November 2025	303,484		303,484
Net book value
At 30 November 2025	0		0
At 30 November 2024	0		0

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 December 2024	61,978		61,978
Additions	3,601		3,601
Disposals	( 48,152)		( 48,152)
At 30 November 2025	17,427		17,427
Accumulated depreciation
At 01 December 2024	40,759		40,759
Charge for the financial year	4,557		4,557
Disposals	( 39,421)		( 39,421)
At 30 November 2025	5,895		5,895
Net book value
At 30 November 2025	11,532		11,532
At 30 November 2024	21,219		21,219

5. Debtors

	2025		2024
	£		£
Prepayments and accrued income	22,329		13,703
Other debtors	2,498		7,501
	24,827		21,204

6. Current asset investments

	2025		2024
	£		£
Listed investments – at fair value	431,274		363,624

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Accruals	4,240		4,780
Taxation and social security	113,682		90,388
Other creditors	1,488		1,488
	119,410		96,656

8. Related party transactions

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

9. Ultimate controlling party

Parent Company:

Geno Holdings Limited

Keble House, Southernhay Gardens, Exeter EX1 1NT

The ultimate controlling party is Mr John Gentry.