Robert Saunderson Wealth Management Limited Filleted accounts for Companies House (small and micro)

Robert Saunderson Wealth Management Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed assets

Intangible assets	5	88,162	119,278
Tangible assets	6	45,586	58,941
		--------	--------
		133,748	178,219

Current assets

Debtors	7	216	269
Cash at bank and in hand		12,854	7,862
		-------	------
		13,070	8,131

Creditors: amounts falling due within one year	8	77,341		78,354
		-------		-------
Net current liabilities			64,271	70,223
			--------	--------
Total assets less current liabilities			69,477	107,996

Creditors: amounts falling due after more than one year	9		28,174	45,118

Provisions

Taxation including deferred tax	11,397	14,735
	-------	--------
Net assets	29,906	48,143
	-------	--------

Capital and reserves

Called up share capital	4	4
Profit and loss account	29,902	48,139
	-------	-------
Shareholders funds	29,906	48,143
	-------	-------

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.

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 .

Robert Saunderson Wealth Management Limited

Statement of Financial Position (continued)

31 December 2025

These financial statements were approved by the board of directors and authorised for issue on 3 September 2026 , and are signed on behalf of the board by:

R J Saunderson

Director

Company registration number: 07749880

Robert Saunderson Wealth Management 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 and Wales. The address of the registered office is 5-11 Mortimer Street, London, W1T 3HS, United Kingdom.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

(a) Basis of preparation

The financial statements have been prepared on the historical cost basis. (b) Revenue recognition Turnover represents the consideration and commissions receivable for services rendered during the year. (c) Taxation The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, 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 that have originated but not reversed at the balance sheet date where transactions or events have occurred at that date that will result in an obligation to pay more, or a right to pay less or to receive more tax. Deferred tax is measured on an undiscounted basis at the tax rates that are expected to apply in the periods in which timing differences reverse, based on tax rates and laws enacted or substantively enacted at the balance sheet date. (d) Amortisation Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

	Goodwill	-	10 years straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates. (e) Tangible assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. (f) Depreciation Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Motor vehicles	-	4 years reducing balance
Equipment	-	4 years straight line

(g) Impairment of fixed assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

(h) Finance leases and hire purchase contracts

Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.

(i) 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.

(j) Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 2 (2024: 3 ).

5. Intangible assets

	Goodwill
	£
Cost
At 1 January 2025 and 31 December 2025	311,160
	--------
Amortisation
At 1 January 2025	191,882
Charge for the year	31,116
	--------
At 31 December 2025	222,998
	--------
Carrying amount
At 31 December 2025	88,162
	--------
At 31 December 2024	119,278
	--------

6. Tangible assets

	Motor vehicles	Equipment	Total
	£	£	£
Cost
At 1 January 2025	61,290	8,541	69,831
Additions	–	1,888	1,888
	-------	-------	-------
At 31 December 2025	61,290	10,429	71,719
	-------	-------	-------
Depreciation
At 1 January 2025	8,938	1,952	10,890
Charge for the year	13,088	2,155	15,243
	-------	-------	-------
At 31 December 2025	22,026	4,107	26,133
	-------	-------	-------
Carrying amount
At 31 December 2025	39,264	6,322	45,586
	-------	-------	-------
At 31 December 2024	52,352	6,589	58,941
	-------	-------	-------

7. Debtors

	2025	2024
	£	£
Other debtors	216	269
	---	---

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	5,286	10,375
Trade creditors	4,451	3,448
Corporation tax	47,813	33,018
Social security and other taxes	2,517	613
Other creditors	17,274	30,900
	-------	-------
	77,341	78,354
	-------	-------

Other creditors falling due within one year includes £11,658 (2024 - £11,658) secured on assets of the company.

9. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	–	5,286
Other creditors	28,174	39,832
	-------	-------
	28,174	45,118
	-------	-------

Other creditors falling due after more than one year includes £28,174 (2024 - £39,832) secured on assets of the company.