REGISTERED NUMBER: 08245086 (Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

ANDREW HUGHES WEALTH MANAGEMENT CYF

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

27,353

40,331

Tangible assets

5

23,564

20,525

Investments

6

-

79,282

50,917

140,138

CURRENT ASSETS

Debtors

7

136,202

112,028

Cash at bank

449,884

244,756

586,086

356,784

CREDITORS

Amounts falling due within one year

8

130,447

120,930

NET CURRENT ASSETS

455,639

235,854

TOTAL ASSETS LESS CURRENT LIABILITIES

506,556

375,992

PROVISIONS FOR LIABILITIES

5,891

5,131

NET ASSETS

500,665

370,861

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

500,565

370,761

SHAREHOLDERS' FUNDS

500,665

370,861

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 director acknowledges his 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 Profit & Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2026 and were signed by:

Mr I A Hughes - Director

1.	STATUTORY INFORMATION

Andrew Hughes Wealth Management Cyf is a private company, limited by shares , registered in Wales. The company's registered number and registered office address are as below:

Registered number:

08245086

Registered office:

Glaslyn Ffordd Y Parc

Parc Menai

Bangor

Gwynedd

LL57 4FE

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 as modified by the revaluation of certain assets.

Turnover

Turnover represents gross invoiced sales.

Goodwill

Goodwill, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss Account, 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Investments

Listed investments are stated at market value at the balance sheet date. Changes in market value are recognised in the profit and loss account.

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

129,776

AMORTISATION

At 1 April 2025

89,445

Charge for year

12,978

At 31 March 2026

102,423

NET BOOK VALUE

At 31 March 2026

27,353

At 31 March 2025

40,331

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2025

54,480

Additions

8,930

At 31 March 2026

63,410

DEPRECIATION

At 1 April 2025

33,955

Charge for year

5,891

At 31 March 2026

39,846

NET BOOK VALUE

At 31 March 2026

23,564

At 31 March 2025

20,525

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 April 2025

79,282

Additions

1,453

Disposals

(116,405

)

Revaluations

35,670

At 31 March 2026

-

NET BOOK VALUE

At 31 March 2026

-

At 31 March 2025

79,282

Fixed assets investments are all listed investments.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

134,445

108,589

Other debtors

1,757

3,439

136,202

112,028

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

110,037

97,665

Other creditors

20,410

23,265

130,447

120,930