LM Wealth Management Limited

LM Wealth Management Limited
Contents Page
For the year ended 31 March 2026

Company Information	1
Statement of Financial Position	2
Notes to the Financial Statements	3

LM Wealth Management Limited
Company Information
For the year ended 31 March 2026

Directors	Lewis Midgley Annabella Dolling
Registered Number	15700640
Registered Office	20 Ventor Gardens Low Fell Gateshead Tyne & Wear NE9 6EA
Accountants	UWM Accountants Limited UWM House 6 Fusion Court Leeds LS25 2GH

1

LM Wealth Management Limited
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £	2025 £
Fixed assets
Tangible fixed assets	3	563	751
		563	751
Current assets
Cash at bank and in hand		15,184	2,296
Creditors: amount falling due within one year	4	(14,649)	(2,512)
Net current assets		535	(216)

Total assets less current liabilities		1,098	535
Provisions for liabilities	5	(107)	(143)
Net assets		991	392

Capital and reserves
Called up share capital		104	104
Profit and loss account		887	288
Shareholders' funds		991	392

For the year ended 31 March 2026 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 accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 income statement has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 12 August 2026 and were signed on its behalf by:

-------------------------------
Lewis Midgley
Director

2

LM Wealth Management Limited
Notes to the Financial Statements
For the year ended 31 March 2026

General Information

LM Wealth Management Limited is a private company, limited by shares, registered in England and Wales, registration number 15700640, registration address 20 Ventor Gardens, Low Fell, Gateshead, Tyne & Wear, NE9 6EA.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using 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.
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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and machinery etc

25% reducing balance

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2025 : 0).

3.

Tangible fixed assets

Cost or valuation	Plant and machinery etc	Total
	£	£
At 01 April 2025	1,001	1,001
Additions	-	-
Disposals	-	-
At 31 March 2026	1,001	1,001
Depreciation
At 01 April 2025	250	250
Charge for year	188	188
On disposals	-	-
At 31 March 2026	438	438
Net book values
Closing balance as at 31 March 2026	563	563
Opening balance as at 01 April 2025	751	751

4.

Creditors: amount falling due within one year

	2026 £	2025 £
Taxation and Social Security	9,483	1,215
Other Creditors	5,166	1,297
	14,649	2,512

5.

Provisions for liabilities

	2026 £		2025 £
Deferred Tax	107		143
	107		143

3

Registered Number: 15700640
England and Wales
LM WEALTH MANAGEMENT LIMITED

Financial Statements

Period of accounts Start date: 01 April 2025 End date: 31 March 2026