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Company registration number: 05959591
WayPoint Change Limited
Unaudited filleted financial statements
for the year ended
31 December 2025
WayPoint Change Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
WayPoint Change Limited
Directors and other information
Directors N P D Winks
A P Pearson
Secretary A P Pearson
Company number 05959591
Registered office Lancaster House, 8 Landsgate
Pedmore
Stourbridge
West Midlands
DY8 2SD
Business address Lancaster House, 8 Landsgate
Pedmore
Stourbridge
West Midlands
DY8 2SD
WayPoint Change Limited
Statement of financial position
31 December 2025
2025 2024
Note £ £ £ £
Fixed assets
Investments 5 123,425 123,425
_______ _______
123,425 123,425
Current assets
Debtors 6 8,184 4,800
Cash at bank and in hand 76,368 146,356
_______ _______
84,552 151,156
Creditors: amounts falling due
within one year 7 ( 65,135) ( 133,540)
_______ _______
Net current assets 19,417 17,616
_______ _______
Net assets 142,842 141,041
_______ _______
Capital and reserves
Called up share capital 8 500 500
Profit and loss account 142,342 140,541
_______ _______
Shareholders funds 142,842 141,041
_______ _______
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 18 September 2026 , and are signed on behalf of the board by:
A P Pearson
Director
Company registration number: 05959591
WayPoint Change Limited
Notes to the financial statements
Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is Lancaster House, 8 Landsgate, Pedmore, Stourbridge, West Midlands, DY8 2SD.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover represents the amounts due for consultancy services to third parties during the year.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Fixed asset investments
Unlisted investments represent equity shares in unlisted businesses where the fair value cannot be measured reliably without undue cost or effort. These are initially recorded at cost and subsequently stated at historical cost less any accumulated impairment losses.A review for indicators of impairment is carried out by the directors at each reporting date. Where the carrying value of an unlisted investment exceeds its estimated recoverable amount, the asset is written down immediately through the income statement.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade debtors and and trade creditors.
4. Dividends
Equity dividends
2025 2024
£ £
Dividends paid during the year 141,435 671,259
_______ _______
Ordinary A shares of £1 each 105,435 268,745
Ordinary B shares of £1 each 36,000 242,514
Ordinary C shares of £1 each - 80,000
Ordinary D shares of £1 each - 80,000
_______ | _______ |
141,435 671,259
_______ | _______ |
5. Fixed Assets
Unlisted Investments Total
£ £
Cost
At 1 January 2025 and 31 December 2025 123,425 123,425
_______ _______
Impairment
At 1 January 2025 and 31 December 2025 - -
_______ _______
Carrying amount
At 31 December 2025 123,425 123,425
_______ _______
At 31 December 2024 123,425 123,425
_______ _______
The fixed asset investment represents a minority unlisted equity shareholding held in a UK corporate group. In the opinion of the directors, the fair value of this unlisted investment cannot be reliably measured without undue cost or effort. Accordingly, the asset is stated at historical acquisition cost less any accumulated impairment losses in line with the company's accounting policies. The directors have reviewed the performance of the underlying entity and are satisfied that no indicators of asset impairment exist at the balance sheet date.
6. Debtors
2025 2024
£ £
Trade debtors 8,184 4,800
_______ _______
7. Creditors: amounts falling due within one year
2025 2024
£ £
Trade creditors 90 64
Corporation tax 47,735 108,272
Social security and other taxes 4,664 12,556
Other creditors 12,646 12,648
_______ _______
65,135 133,540
_______ _______
In 2025 other creditors include £11,648 loans due to the directors (2024 - £11,648).
8. Called up share capital
Issued, called up and fully paid
2025 2024
No £ No £
Ordinary A shares of £ 1.00 each 125 125 125 125
Ordinary B shares of £ 1.00 each 125 125 125 125
Ordinary C shares of £ 1.00 each 125 125 125 125
Ordinary D shares of £ 1.00 each 125 125 125 125
_______ _______ _______ _______
500 500 500 500
_______ _______ _______ _______
9. Related party transactions
Directors' Loans
At the balance sheet date, the company owed £11,648 (2024: £11,648) to its directors. These balances are interest-free, unsecured, and repayable on demand.
Transactions with Related Undertakings
During the year, the company made temporary, interest-free, unsecured advances to entities over which the directors exercise significant influence. Total advances made during the period amounted to £36,000 and £105,435 respectively. These advances were fully cleared on 31 December 2025 via the declaration of equity dividends by the company. No balances were outstanding at the start or the close of the financial year.