REGISTERED NUMBER: 05644547 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Wetherby Associates Limited

Page

Company Information

1

Balance Sheet

2

Statement of Changes in Equity

4

Notes to the Financial Statements

5

DIRECTORS:

Miss M J Fenton

Mrs C F Flanagan

SECRETARY:

Mrs C F Flanagan

REGISTERED OFFICE:

14 Wetherby Gardens

London

SW5 0JW

REGISTERED NUMBER:

05644547 (England and Wales)

ACCOUNTANTS:

Butler & Co Alresford Limited

Chartered Accountants

The Old Stables

Sutton Manor Farm

Bishop's Sutton

Alresford

Hampshire

SO24 0AA

FIXED ASSETS

Tangible assets

4

773

910

CURRENT ASSETS

Debtors

5

54,269

60,004

Prepayments and accrued income

1,385

1,275

Cash at bank

80,940

38,992

136,594

100,271

CREDITORS

Amounts falling due within one year

6

116,989

88,414

NET CURRENT ASSETS

19,605

11,857

TOTAL ASSETS LESS CURRENT LIABILITIES

20,378

12,767

CREDITORS

Amounts falling due after more than one year

7

(8,400

)

(11,944

)

PROVISIONS FOR LIABILITIES

8

(187

)

(173

)

NET ASSETS

11,791

650

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

11,691

550

SHAREHOLDERS' FUNDS

11,791

650

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 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 10 September 2026 and were signed on its behalf by:

Mrs C F Flanagan - Director

Called up

share

Retained

Total

capital

earnings

equity

£

£

£

Balance at 1 January 2024

100

603

703

Changes in equity

Profit for the year

-

40,947

40,947

Total comprehensive income

-

40,947

40,947

Dividends

-

(41,000

)

(41,000

)

Balance at 31 December 2024

100

550

650

Changes in equity

Profit for the year

-

75,461

75,461

Total comprehensive income

-

75,461

75,461

Dividends

-

(64,320

)

(64,320

)

Balance at 31 December 2025

100

11,691

11,791

1.	STATUTORY INFORMATION

Wetherby Associates 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 represents net invoiced sales of goods and services, excluding value added tax, and trade discounts. Debtors includes amounts recoverable on service contracts. Where the outcome of a transaction can be estimated reliably, revenue is recognised by reference to the stage of completion of the transaction at the balance sheet date (in accordance with FRS 102 paragraph 23.14).

Tangible fixed assets

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

Fixtures and fittings

-

20% on cost

Taxation

Taxation for the year comprises current 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

fittings

£

COST

At 1 January 2025

7,458

Additions

208

At 31 December 2025

7,666

DEPRECIATION

At 1 January 2025

6,548

Charge for year

345

At 31 December 2025

6,893

NET BOOK VALUE

At 31 December 2025

773

At 31 December 2024

910

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

54,269

34,880

Directors' current accounts

-

25,124

54,269

60,004

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

BBLS (Bounce Back Loan Scheme)

8,000

8,000

Trade creditors

70,373

67,527

Corporation tax

22,159

9,750

Social security and other taxes

150

-

VAT

13,307

137

Accruals and prepaid income

3,000

3,000

116,989

88,414

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

BBLS (Bounce Back Loan Scheme)

8,400

11,944

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

187

173

Deferred

tax

£

Balance at 1 January 2025

173

Accelerated capital allowances

14

Balance at 31 December 2025

187

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £64,320 (2024 - £41,000) were paid to the directors .

2025

2024

£

£

Amount due/(from) to related party at balance sheet date

Miss M J Fenton - director

-

(18,559

)

Mrs C F Flanagan - director

-

(6,565

)

11.	ULTIMATE CONTROLLING PARTY

During the period under review the company was under the control Miss M J Fenton and Mrs C F Flanagan, directors and equal shareholders of the company.