REGISTERED NUMBER: 15794306 (England and Wales)

EDMONDS AND SIMPSON WEALTH MANAGEMENT

LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

V L M Edmonds

J Simpson

REGISTERED OFFICE:

Unit S

10 Stone Way

Lakesview International Business Park

Canterbury

Kent

CT3 4GP

REGISTERED NUMBER:

15794306 (England and Wales)

ACCOUNTANTS:

Spurling Cannon

Chartered Certified Accountants

424 Margate Road

Westwood

Ramsgate

Kent

CT12 6SJ

FIXED ASSETS

Intangible assets

4

1,671,187

1,162,276

Tangible assets

5

514

-

1,671,701

1,162,276

CURRENT ASSETS

Debtors

6

53,736

56,126

Cash at bank

23,887

20,621

77,623

76,747

CREDITORS

Amounts falling due within one year

7

810,296

1,237,662

NET CURRENT LIABILITIES

(732,673

)

(1,160,915

)

TOTAL ASSETS LESS CURRENT LIABILITIES

939,028

1,361

CREDITORS

Amounts falling due after more than one year

8

935,925

-

NET ASSETS

3,103

1,361

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

3,003

1,261

3,103

1,361

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2026 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 26 August 2026 and were signed on its behalf by:

V L M Edmonds - Director

1.	STATUTORY INFORMATION

Edmonds and Simpson Wealth Management 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill represents the excess of the cost of acquisition over the fair value of the identifiable net assets of the business acquired. It is recognised as an intangible asset and is amortised evenly over its estimated useful economic life.

The directors have assessed the nature of the acquired business and determined that the goodwill is expected to generate economic benefits over a period of 20 years. This assessment is based on the following factors:

- The long-term nature of client relationships and recurring revenue streams.

- The stability and continuity of the business model.

- Historical evidence of sustained profitability and low customer attrition.

- The strategic importance of the acquired business to the company’s future operations.

Accordingly, goodwill is amortised over 20 years on a straight-line basis. The amortisation charge is recognised in the profit and loss account.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixture & Fittings

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 July 2025

1,223,448

Additions

568,648

At 30 June 2026

1,792,096

AMORTISATION

At 1 July 2025

61,172

Amortisation for year

59,737

At 30 June 2026

120,909

NET BOOK VALUE

At 30 June 2026

1,671,187

At 30 June 2025

1,162,276

5.	TANGIBLE FIXED ASSETS

Fixture &

Fittings

£

COST

Additions

686

At 30 June 2026

686

DEPRECIATION

Charge for year

172

At 30 June 2026

172

NET BOOK VALUE

At 30 June 2026

514

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

52,146

54,536

Sundry debtors

1,590

1,590

53,736

56,126

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Other loans

105,600

669,744

Corporation Tax

66,488

50,811

Social security and other taxes

1,910

113

Sundry creditors

25,000

9,000

Directors' current accounts

609,417

507,546

Accrued expenses

1,881

448

810,296

1,237,662

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Other loans - 1-2 years

935,925

-