REGISTERED NUMBER: 09244611 (England and Wales)

HEARNDEN & WESTON WEALTH MANAGEMENT

LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

N J Hearnden

A C Poole

REGISTERED OFFICE:

The Old School House

2360 Stratford Road

Hockley Heath

Solihull

West Midlands

B94 6QT

REGISTERED NUMBER:

09244611 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Intangible assets

4

2,625,842

2,812,696

Tangible assets

5

112,936

102,547

2,738,778

2,915,243

CURRENT ASSETS

Debtors

6

235,062

379,644

Cash at bank

105,412

100,665

340,474

480,309

CREDITORS

Amounts falling due within one year

7

627,265

623,542

NET CURRENT LIABILITIES

(286,791

)

(143,233

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,451,987

2,772,010

CREDITORS

Amounts falling due after more than one year

8

(2,230,859

)

(2,533,029

)

PROVISIONS FOR LIABILITIES

(28,234

)

(25,637

)

NET ASSETS

192,894

213,344

CAPITAL AND RESERVES

Called up share capital

101

101

Retained earnings

192,793

213,243

SHAREHOLDERS' FUNDS

192,894

213,344

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2026 and were signed on its behalf by:

N J Hearnden - Director

1.	STATUTORY INFORMATION

Hearnden & Weston 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.

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

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 is being amortised evenly over its estimated useful life ranging from 10 to 20 years.

Estimates of the useful economic life of goodwill are based upon a variety of factors such as the expected use of the acquired business, the expected life of the income generating units to which the goodwill is attributed, any legal, regulatory or contractual provisions that can limit useful life and assumptions that market participants would consider in respect of similar businesses.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 11 (2025 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

3,384,696

AMORTISATION

At 1 April 2025

572,000

Charge for year

186,854

At 31 March 2026

758,854

NET BOOK VALUE

At 31 March 2026

2,625,842

At 31 March 2025

2,812,696

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 April 2025

19,250

188,326

29,036

236,612

Additions

24,104

39,539

1,328

64,971

Disposals

-

(49,850

)

(1,348

)

(51,198

)

At 31 March 2026

43,354

178,015

29,016

250,385

DEPRECIATION

At 1 April 2025

10,554

103,140

20,371

134,065

Charge for year

4,903

26,652

4,036

35,591

Eliminated on disposal

-

(31,739

)

(468

)

(32,207

)

At 31 March 2026

15,457

98,053

23,939

137,449

NET BOOK VALUE

At 31 March 2026

27,897

79,962

5,077

112,936

At 31 March 2025

8,696

85,186

8,665

102,547

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Motor

vehicles

£

COST

At 1 April 2025

188,326

Additions

39,539

Transfer to ownership

(49,850

)

At 31 March 2026

178,015

DEPRECIATION

At 1 April 2025

103,140

Charge for year

26,652

Transfer to ownership

(31,739

)

At 31 March 2026

98,053

NET BOOK VALUE

At 31 March 2026

79,962

At 31 March 2025

85,186

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

215,684

241,731

Other debtors

19,378

137,913

235,062

379,644

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

318,641

293,676

Hire purchase contracts (see note 9)

85,787

44,315

Trade creditors

42,245

96,707

Taxation and social security

172,327

181,908

Other creditors

8,265

6,936

627,265

623,542

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

2,203,934

2,453,033

Hire purchase contracts (see note 9)

26,925

79,996

2,230,859

2,533,029

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

929,370

1,213,606

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2026

2025

£

£

Net obligations repayable:

Within one year

85,787

44,315

Between one and five years

26,925

79,996

112,712

124,311

Non-cancellable

operating leases

2026

2025

£

£

Within one year

49,056

48,588

Between one and five years

2,464

48,294

51,520

96,882

10.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank loans

2,522,575

2,746,709

Hire purchase contracts

112,712

124,311

2,635,287

2,871,020

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2026 and 31 March 2025:

2026

2025

£

£

N J Hearnden

Balance outstanding at start of year

49,506

47,605

Amounts advanced

-

49,506

Amounts repaid

(49,506

)

(47,605

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

49,506