Company Registration No. 06261779 (England and Wales)
abacus Wealth Management Limited
Unaudited accounts
for the year ended 31 March 2026
abacus Wealth Management Limited
Unaudited accounts
Contents
abacus Wealth Management Limited
Company Information
for the year ended 31 March 2026
Directors
Mr Ian Roy White
Mrs Julie Forster White
Company Number
06261779 (England and Wales)
Registered Office
3a Blue Sky Way
Monkton Business Park South
Hebburn
NE31 2EQ
United Kingdom
Accountants
Abacus Accounting (NE) Limited
3a Blue Sky Way
Monkton Business Park South
Hebburn
Tyne and Wear
NE31 2EQ
abacus Wealth Management Limited
Statement of financial position
as at 31 March 2026
Intangible assets
-
135,254
Tangible assets
3,471
7,875
Cash at bank and in hand
52,404
39,372
Creditors: amounts falling due within one year
(141,154)
(141,320)
Net current assets
18,292
48,845
Total assets less current liabilities
21,763
191,974
Creditors: amounts falling due after more than one year
-
(156,720)
Called up share capital
3
3
Profit and loss account
21,760
35,251
Shareholders' funds
21,763
35,254
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 13 May 2026 and were signed on its behalf by
Mr Ian Roy White
Director
Company Registration No. 06261779
abacus Wealth Management Limited
Notes to the Accounts
for the year ended 31 March 2026
abacus Wealth Management Limited is a private company, limited by shares, registered in England and Wales, registration number 06261779. The registered office is 3a Blue Sky Way, Monkton Business Park South, Hebburn, NE31 2EQ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
Charge for the year
135,254
abacus Wealth Management Limited
Notes to the Accounts
for the year ended 31 March 2026
5
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2025
26,866
19,618
46,484
At 31 March 2026
26,866
19,618
46,484
At 1 April 2025
26,866
11,743
38,609
Charge for the year
-
4,404
4,404
At 31 March 2026
26,866
16,147
43,013
At 31 March 2026
-
3,471
3,471
At 31 March 2025
-
7,875
7,875
Amounts falling due within one year
Trade debtors
103,042
150,793
Amounts due from group undertakings etc.
4,000
-
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
-
42,563
Trade creditors
18,978
764
Taxes and social security
122,176
97,993
8
Creditors: amounts falling due after more than one year
2026
2025
Allotted, called up and fully paid:
2 Ordinary A shares of £1 each
2
2
1 Ordinary B shares of £1 each
1
1
10
Average number of employees
During the year the average number of employees was 6 (2025: 7).