REGISTERED NUMBER: 11009639 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

FINANCIAL FREEDOM SOONER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Bradford

REGISTERED OFFICE:

85 Highdown Road

Lewes

East Sussex

BN7 1QF

REGISTERED NUMBER:

11009639 (England and Wales)

ACCOUNTANTS:

Plus Accounting

Chartered Accountants

Preston Park House

South Road

Brighton

East Sussex

BN1 6SB

FIXED ASSETS

Intangible assets

4

280

350

Tangible assets

5

1,974

2,566

2,254

2,916

CURRENT ASSETS

Debtors

6

723

1,323

Cash at bank

8,939

8,626

9,662

9,949

CREDITORS

Amounts falling due within one year

7

(11,325

)

(8,367

)

NET CURRENT (LIABILITIES)/ASSETS

(1,663

)

1,582

TOTAL ASSETS LESS CURRENT LIABILITIES

591

4,498

PROVISIONS FOR LIABILITIES

8

(375

)

(642

)

NET ASSETS

216

3,856

RESERVES

Income and expenditure account

216

3,856

216

3,856

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 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 surplus or deficit 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 director and authorised for issue on 8 September 2026 and were signed by:

M Bradford - Director

1.	STATUTORY INFORMATION

Financial Freedom Sooner Limited is a private company, limited by guarantee , 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

Revenue from the sale of services is recognised when services are provided.

Services provided are for financial advice.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a client list in 2019, is being amortised evenly over its estimated useful life of five years.

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.

Computer software is being amortised at 20% reducing balance.

Tangible fixed assets

Tangible fixed assets are stated at cost, or deemed cost, less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Computer equipment

-

20% reducing balance

Fixtures and fittings

-

20% reducing balance

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.

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.

Going concern

The directors have agreed to support the company as necessary in the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

Impairment

At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the Company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2025 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Computer

Goodwill

software

Totals

£

£

£

COST

At 1 June 2025

and 31 May 2026

49,200

1,890

51,090

AMORTISATION

At 1 June 2025

49,200

1,540

50,740

Amortisation for year

-

70

70

At 31 May 2026

49,200

1,610

50,810

NET BOOK VALUE

At 31 May 2026

-

280

280

At 31 May 2025

-

350

350

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

£

£

COST

At 1 June 2025

and 31 May 2026

498

4,791

5,289

DEPRECIATION

At 1 June 2025

209

2,514

2,723

Charge for year

65

527

592

At 31 May 2026

274

3,041

3,315

NET BOOK VALUE

At 31 May 2026

224

1,750

1,974

At 31 May 2025

289

2,277

2,566

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

723

1,323

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade creditors

-

30

Taxation and social security

9,224

4,259

Other creditors

2,101

4,078

11,325

8,367

8.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

375

642

Deferred tax

£

Balance at 1 June 2025

642

Provided during year

(267

)

Accelerated capital allowance

Balance at 31 May 2026

375