Wellbeing HoldCo Limited

	Page
Strategic Report	1—2
Directors' Report	3
Independent Auditor's Report	4—7
Consolidated Statement of Comprehensive Income	8
Consolidated Statement of Financial Position	9—10
Company Statement of Financial Position	11
Consolidated Statement of Changes in Equity	12
Company Statement of Changes in Equity	13
Consolidated Statement of Cash Flows	14
Notes to the Consolidated Statement of Cash Flows	15
Notes to the Financial Statements	16—26

The directors present their strategic report for the year ended 31 December 2025.

Review of the Business

Executive Summary:

During the year ended 31 December 2025, the Group continued to focus on disciplined execution of its core strategy, prioritising sustainable growth, operational efficiency, and prudent financial management. Despite a mixed macroeconomic environment, the business maintained stability and demonstrated resilience across its primary activities.

Revenue performance for the year reflected steady demand across key client segments, supported by ongoing client engagement and retention efforts. While market conditions remained competitive, the Group successfully preserved margins through cost control initiatives and careful resource allocation. Operating expenses were actively managed, with investments directed toward areas expected to support long-term value creation.

The Group maintained a strong liquidity position throughout the year, meeting all financial obligations as they fell due. Capital resources were managed conservatively, with no material changes to the Group's financing structure during the period. Cash flow from operations remained sufficient to support ongoing activities and planned commitments.

From an operational perspective, management continued to refine internal processes and governance practices, strengthening risk management and compliance frameworks where appropriate. The Group remained focused on maintaining high standards of service delivery while adapting to evolving regulatory and market expectations.

Looking ahead, management enters 2026 with cautious optimism. While external uncertainties persist, the Group is well positioned to pursue measured growth opportunities, maintain financial discipline, and continue delivering value to clients.

Financial Performance:

Despite the challenging political environment, the group has maintained a robust financial performance. This success is a testament to the dedication and expertise of our team.

Principal Risks and Uncertainties

Regulatory Compliance:

Compliance with industry regulations is fundamental to our operations. We have invested in rigorous training and development programs to ensure our team remains up-to-date with the latest regulatory changes. Daintree Wealth Management has maintained a commendable record of compliance throughout the year.

Technological Advancements:

In an ever-evolving digital landscape, we recognise the importance of technology in delivering efficient and effective financial planning services. Our investment in cutting-edge technology tools and platforms has allowed us to streamline our processes, improve data security, and enhance the overall client experience.

Market Expansion:

To further diversify our client base and increase market share, Daintree Wealth Management has initiated plans for expansion into the corporate benefits and financial wellbeing space through its fellow subsidiary, Daintree Wealth Tomorrow. This has proved to be a successful initiative both for the business and for our corporate clients and their employees.

Talent Development:

Our success is deeply rooted in the skills and dedication of our team. To foster a culture of continuous learning, we have implemented comprehensive training programs and mentorship initiatives.

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Wellbeing HoldCo Limited

Strategic Report (continued)

For The Year Ended 31 December 2025

Key performance indicators

The key performance indicators of the group are as follows:-

	2025	2024
	£	£
Net profit margin (profit after tax/sales)	45.5%	31.2%
Net current assets	814,071	488,520
Number of family clients	168	149

In conclusion, I would like to express my gratitude to our clients, and employees for their continued support. Together, we will continue to build our business into a leading force in the UK financial planning landscape.

On behalf of the board

Mark Parello

Director

20th April 2026

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Wellbeing HoldCo Limited

Company No. 09736806

Directors' Report For The Year Ended 31 December 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 December 2025.

Directors

The directors who held office during the year were as follows:

Mark Parello

Lubna Kaiser

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the group's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the group's auditors are aware of that information.

Independent Auditors

The auditors, Ascendis Audit Limited, will be proposed for re-appointment under S485 of Companies Act 2006.

On behalf of the board

Lubna Kaiser

Director

20th April 2026

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Independent Auditor's Report

to the Members of

Wellbeing HoldCo Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of Wellbeing HoldCo Limited (the "parent company") and its subsidiaries (the "group") for the year ended 31 December 2025 which comprise the Consolidated Statement of Comprehensive Income, Consolidated Statement of Financial Position, Company Statement of Financial Position, Consolidated Statement of Changes in Equity, Company Statement of Changes in Equity, Consolidated Statement of Cash Flows and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the group's and of the parent company's affairs as at 31 December 2025 and of the group's profit/(loss) for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group and parent company's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Emphasis of Matter

We draw attention to note 26 to the financial statements, which indicates that the directors have based their conclusions on the recoverability of a loan of £111,300 owed by a company related to Mr M Parello by common directorship/ownership. The recoverability is based on that company's forecasts for the 10 year period up to and including 31 December 2035. Forecasts are inherently uncertain by their nature and therefore this creates a material uncertainty which may cast doubt on the recoverability of this balance. Our opinion is not modified in this matter.

Other Information

The directors are responsible for the other information. The other information comprises the information in the Group Strategic Report and the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

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Independent Auditor's Report (continued)

to the Members of

Wellbeing HoldCo Limited

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Group Strategic Report and the Report of the Directors for the financial year for which thefinancial statements are prepared is consistent with the financial statements; and
the Group Strategic Report and the Report of the Directors have been prepared in accordance with applicable legal requirements.

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the group and the parent company and its environment obtained in the course of the audit, we have not identified material misstatements in the Group Strategic Report or the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not beenreceived from branches not visited by us; or
the parent company financial statements are not in agreement with the accounting records and returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the Statement of Directors' Responsibilities set out on page three, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the group's and the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the group or the parent company or to cease operations, or have no realistic alternative but to do so.

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Independent Auditor's Report (continued)

to the Members of

Wellbeing HoldCo Limited

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In identifying and assessing risks of material misstatement in respect of irregularities, including fraud and non compliance with laws and regulations, we considered the following:

- the nature of the industry, control environment and business performance including the design of the company and group's remuneration policies including bonus levels and performance targets;

- results of our enquiries of management about their own identification and assessment of the risks of irregularities;

- any matters we identified having obtained and reviewed the company and group's documentation of their policies and

procedures relating to:

- identifying, evaluating and complying with laws and regulations and whether they were aware of any instances of non-compliance;

- detecting and responding to the risks of fraud and whether they have knowledge of any actual, suspected or alleged

fraud;

- the matters discussed among the audit engagement team regarding how and where fraud might occur in the financial

statements and any potential indicators of fraud.

As a result of these procedures, we considered the opportunities and incentives that may exist within the organisation for fraud and identified the greatest potential for fraud in the following areas: bank payment processing (for personal benefit), payroll, together with the presentation of non-underlying items within the financial statements. In common with all audits under ISAs (UK), we are also required to perform specific procedures to respond to the risk of management override.

We also obtained an understanding of the legal and regulatory framework that the group operates in, focusing on provisions of those laws and regulations that had a direct effect on the determination of material amounts and disclosures in the financial statements. The key laws and regulations we considered in this context included FCA regulations, Companies Act 2006, and tax legislation.

In addition, we considered provisions of other laws and regulations that do not have a direct effect on the financial

statements but compliance with which may be fundamental to the group's ability to operate or to avoid a material penalty.

Audit response to risks identified

In addition to the above, our procedures to respond to risks identified included the following:

- reviewing the financial statement disclosures and testing to supporting documentation to assess compliance with

provisions of relevant laws and regulations described as having a direct effect on the financial statements;

- enquiring of management concerning actual and potential litigation and claims;

- performing analytical procedures to identify any unusual or unexpected relationships that may indicate risks of

material misstatement due to fraud; and

- in addressing the risk of fraud through management override of controls, testing the appropriateness of journal

entries and other adjustments, assessing whether the judgements made in making accounting estimates are

indicative of a potential bias, and evaluating the business rationale of any significant transactions that are

unusual or outside the normal course of business.

We communicated relevant identified laws and regulations and potential fraud risks to all engagement team members and remained alert to any indications of fraud or non-compliance with laws and regulations throughout the audit.

There are inherent limitations in our audit procedures described above. The more removed the laws and regulations are from financial transactions, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to inquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any. Material misstatements that arise due to fraud can be harder to detect than those that arise from error as they may involve deliberate concealment or collusion.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

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Independent Auditor's Report (continued)

to the Members of

Wellbeing HoldCo Limited

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Paul Allan Byrne BA (Double Hons) FCA (Senior Statutory Auditor)

for and on behalf of Ascendis Audit Limited , Statutory Auditor

20th April 2026

Ascendis Audit Limited

Unit 3, Building 2, The Colony Wilmslow

Altrincham Road

Wilmslow

Cheshire

SK9 4LY

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Wellbeing HoldCo Limited

Consolidated Statement of Comprehensive Income

For The Year Ended 31 December 2025

Consolidated Statement of Comprehensive Income

		2025	2024
	Notes	£	£
TURNOVER	3	1,213,180	1,072,608
Cost of sales		(63,148 )	(80,235 )

GROSS PROFIT		1,150,032	992,373

Administrative expenses		(656,396 )	(579,603 )
Fair value gains on investments		43,637	17,833

OPERATING PROFIT	4	537,273	430,603
Exceptional items		172,073	-
Loss on disposal of fixed asset investments		(38)	-
Other interest receivable and similar income		19,923	18,866
Interest payable and similar charges	9	(3,247 )	(4,492 )

PROFIT BEFORE TAXATION		725,984	444,977
Tax on Profit	10	(173,621 )	(110,733 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT		552,363	334,244
OTHER COMPREHENSIVE INCOME FOR THE YEAR		-	-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR ATTRIBUTABLE TO THE OWNERS OF THE PARENT		552,363	334,244

The notes on pages 15 to 26 form part of these financial statements.

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Wellbeing HoldCo Limited

Consolidated Statement of Financial Position

As At 31 December 2025

Consolidated Statement of Financial Position

Registered number: 09736806

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	11		26,485		33,317
Tangible Assets	12		51,249		58,827
Investments	13		324,582		209,613

			402,316		301,757
CURRENT ASSETS
Debtors	14	243,023		107,131
Cash at bank and in hand		871,557		649,496

		1,114,580		756,627
Creditors: Amounts Falling Due Within One Year	15	(300,509 )		(268,107 )

NET CURRENT ASSETS (LIABILITIES)			814,071		488,520

TOTAL ASSETS LESS CURRENT LIABILITIES			1,216,387		790,277

Creditors: Amounts Falling Due After More Than One Year	16		(67,463 )		(117,952 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(12,813 )		(14,707 )

NET ASSETS			1,136,111		657,618

CAPITAL AND RESERVES
Called up share capital	20		767		767
Share premium account			99,825		99,825
Capital redemption reserve			75		75
Income Statement			1,035,444		556,951

SHAREHOLDERS' FUNDS			1,136,111		657,618

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Wellbeing HoldCo Limited

Consolidated Statement of Financial Position (continued)

As At 31 December 2025

On behalf of the board

Lubna Kaiser

Director

20th April 2026

The notes on pages 15 to 26 form part of these financial statements.

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Wellbeing HoldCo Limited

Company Statement of Financial Position

As At 31 December 2025

Company Statement of Financial Position

Registered number: 09736806

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Investments	13		424,682		309,713

			424,682		309,713
CURRENT ASSETS
Debtors	14	112,646		1,598
Cash at bank and in hand		172,711		107,365

		285,357		108,963
Creditors: Amounts Falling Due Within One Year	15	(16,242 )		(23,231 )

NET CURRENT ASSETS (LIABILITIES)			269,115		85,732

TOTAL ASSETS LESS CURRENT LIABILITIES			693,797		395,445

Creditors: Amounts Falling Due After More Than One Year	16		(25,212 )		(30,583 )

NET ASSETS			668,585		364,862

CAPITAL AND RESERVES
Called up share capital	20		767		767
Share premium account			99,825		99,825
Capital redemption reserve			75		75
Income Statement			567,918		264,195

SHAREHOLDERS' FUNDS			668,585		364,862

In accordance with section 408(3) of the Companies Act 2006, the company has not presented its own profit and loss account and the related notes. The company's profit for the year was £ 377,593 (2024: £ 349,402 profit).

On behalf of the board

Lubna Kaiser

Director

20th April 2026

The notes on pages 15 to 26 form part of these financial statements.

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Wellbeing HoldCo Limited

Consolidated Statement of Changes in Equity

For The Year Ended 31 December 2025

Consolidated Statement of Changes in Equity

	Share Capital	Share Premium	Capital Redemption	Income Statement	Total
	£	£	£	£	£
As at 1 January 2024	767	99,825	75	309,685	410,352
Profit for the year and total comprehensive income	-	-	-	334,244	334,244

Dividends paid	-	-	-	(86,978)	(86,978)

As at 31 December 2024 and 1 January 2025	767	99,825	75	556,951	657,618


Profit for the year and total comprehensive income	-	-	-	552,363	552,363

Dividends paid	-	-	-	(73,870)	(73,870)

As at 31 December 2025	767	99,825	75	1,035,444	1,136,111

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Wellbeing HoldCo Limited

Company Statement of Changes in Equity

For The Year Ended 31 December 2025

Company Statement of Changes in Equity

	Share Capital	Share Premium	Capital Redemption	Income Statement	Total
	£	£	£	£	£
As at 1 January 2024	767	99,825	75	1,771	102,438
Profit for the year and total comprehensive income	-	-	-	349,402	349,402

Dividends paid	-	-	-	(86,978)	(86,978)

As at 31 December 2024 and 1 January 2025	767	99,825	75	264,195	364,862


Profit for the year and total comprehensive income	-	-	-	377,593	377,593

Dividends paid	-	-	-	(73,870)	(73,870)

As at 31 December 2025	767	99,825	75	567,918	668,585

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Wellbeing HoldCo Limited

Consolidated Statement of Cash Flows

For The Year Ended 31 December 2025

Consolidated Statement of Cash Flows

		2025	2024
	Notes	£	£
Cash flows from operating activities
Net cash generated from operations	1	650,660	463,076
Interest paid		(3,247 )	(4,492 )
Tax paid		(114,086 )	(69,078 )

Net cash generated from operating activities		533,327	389,506

Cash flows from investing activities
Purchase of tangible assets		(5,001 )	(2,112 )
Purchase of other fixed asset investments		(75,750 )	(134,682 )
Proceeds from disposal of other fixed asset investments		4,380	-
Interest received		19,923	18,866

Net cash used in investing activities		(56,448 )	(117,928 )

Cash flows from financing activities
Equity dividends paid		(73,870 )	(86,978 )
Repayment of bank borrowings		(55,371 )	(55,240 )
Repayment of other loans		-	(431)
Repayment of finance leases		(7,618 )	(7,618 )
Advance of new loans to associates		(111,300 )	-
Amount introduced by directors		1,186	6,213
Amount withdrawn by directors		(7,845)	(8,354)

Net cash used in financing activities		(254,818 )	(152,408 )



Increase in cash and cash equivalents		222,061	119,170
Cash and cash equivalents at beginning of year	2	649,496	530,326

Cash and cash equivalents at end of year	2	871,557	649,496

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Wellbeing HoldCo Limited

Notes to the Consolidated Statement of Cash Flows

For The Year Ended 31 December 2025

Notes to the Consolidated Statement of Cash Flows

1. Reconciliation of profit for the financial year to cash generated from operations

	2025	2024
	£	£
Profit for the financial year	552,363	334,244
Adjustments for:
Tax on profit	173,621	110,733
Interest expense	3,247	4,492
Interest income	(19,923 )	(18,866 )
Amortisation of intangible assets	6,832	7,419
Depreciation of tangible assets	12,579	15,858
Loss on disposal of fixed asset investments	38	-
Net fair value gains recognised in profit or loss	(43,637)	(17,982)
Movements in working capital:
(Increase)/decrease in trade and other debtors	(24,592 )	3,445
(Decrease)/increase in trade and other creditors	(9,868 )	23,733

Net cash generated from operations	650,660	463,076

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024
	£	£
Cash at bank and in hand	871,557	649,496

3. Analysis of changes in net funds

	As at 1 January 2025	Cash flows	As at 31 December 2025
	£	£	£
Cash at bank and in hand	649,496	222,061	871,557
Finance leases	(57,487)	7,618	(49,869)
Debts falling due within one year	(55,255 )	12,500	(42,755 )
Debts falling due after more than one year	(68,083)	42,871	(25,212)

	468,671	285,050	753,721

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Wellbeing HoldCo Limited

Notes to the Financial Statements

For The Year Ended 31 December 2025

Notes to the Financial Statements

1. General Information

Wellbeing HoldCo Limited is a private company, limited by shares, incorporated in England & Wales, registered number 09736806 . The registered office is Unit 3, Building 2, The Colony Wilmslow, Altrincham Road, Wilmslow, Cheshire, SK9 4LY.

The principal place of business is One Balloon Street, Manchester, M4 4BE.

The principal activity of the group is that of financial planning, financial education, and management services.

The principal activity of the company is that of a holding company.

The functional and presentational currency of the group is Pound Sterling (£).

Monetary amounts in these financial statements are rounded to the nearest £.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

2.2. Basis Of Consolidation

The group financial statements consolidate the financial statements of the company and its two trading subsidiary undertakings drawn up to 31 December 2025. The dormant subsidiary, Daintree Asset Management Limited, is not consolidated on the grounds of immateriality.

A subsidiary is an entity controlled by the company. Control is achieved where the company has the power to govern the financial and operating policies of an entity so as to obtain benefits from its activities

As the group was created by means of a share for share exchange the group is consolidated using the merger method.

Intercompany transactions and balances between the company and its subsidiaries are eliminated in full on consolidation.

2.3. Turnover

Turnover is measured at the fair value of the consideration receivable in the year net of VAT. VAT is not charged on investment management, trading and financial planning fees.

Implementation fees are recognised once the funds are transferred.

Trading fees are recognised at the time of the transaction.

All other fees are calculated daily and invoiced on a monthly basis.

2.4. Intangible Fixed Assets and Amortisation - Goodwill

Intangible assets are stated at cost less accumulated amortisation and are represented by:

- Goodwill: this arose from the acquisition of a business in 2020. Amortisation is being provided evenly over its estimated useful economic life of 10 years.

- Website expenditure: this is capitalised where there is a clearly defined project, related expenditure is separately identifiable and it has been assessed for technical and commercial viability. Amortisation is being provided evenly over its useful life of five years.

The carrying amounts of the group's assets are reviewed for impairment when events or changes in circumstances indicate that the carrying amount of the fixed asset may not be recoverable. If any such indication exists, the asset's recoverable amount is estimated and an impairment provision made if appropriate.

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Wellbeing HoldCo Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on tangible fixed assets are charged to Consolidated Statement of Comprehensive Income so as to write off their value, over its estimated useful lives, using the following methods:

Motor Vehicles	20% reducing balance
Computer and Office Equipment	25% on cost

At each reporting date, the group reviews the carrying amounts of its tangible fixed 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 the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Any impairment loss is recognised as an expense immediately.

2.6. Investments

Shares in group undertakings are stated at cost less impairment.

Shares in listed companies are stated at fair value with gains and losses recognised in the Consolidated Statement of Comprehensive Income.

2.7. Leasing and Hire Purchase Contracts

Assets held under hire purchase agreements are capitalised in the Statement of Financial Position and depreciated over their useful economic lives. The obligation to the lessor is recognised as a liability.

Lease payments are apportioned between finance costs in the Income Statement and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Rentals paid under operating leases are charged to the Income Statement on a straight line basis over the period of the lease.

2.8. Cash and Cash Equivalents

Cash and cash equivalents comprise cash at bank. Bank borrowings are included in creditors.

2.9. Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Consolidated Statement of Comprehensive Income, except to the extent that it relates to items recognised in Consolidated Other Comprehensive Income or directly in Equity.

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 Statement of Financial Position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the Statement of Financial Position 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

2.10. Pensions

The group operates a defined pension contribution scheme. Contributions are charged to the Consolidated Statement of Comprehensive Income as they become payable in accordance with the rules of the scheme.

2.11. Trade and other debtors

Trade and other debtors are stated at amortised cost less impairment losses for bad and doubtful debts.

2.12. Trade and other creditors

Trade and other creditors are recognised at amortised cost.

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Wellbeing HoldCo Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.13. Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

3. Turnover

There is only one class of business and all income is generated in the United Kingdom.

4. Operating Profit

The operating profit is stated after charging:

	2025	2024
	£	£
Operating lease rentals	46,741	44,248
Depreciation of tangible fixed assets	12,579	15,858
Amortisation of intangible fixed assets	6,832	7,419

5. Auditor's Remuneration

Remuneration received by the group's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the group and company's financial statements	7,650	7,450

6. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2025	2024
	£	£
Wages and salaries	299,210	255,688
Social security costs	24,102	17,800
Other pension costs	65,747	71,037

	389,059	344,525

7. Average Number of Employees

Group

Average number of employees, including directors, during the year was as follows:

	2025	2024
Office and administration	7	7

	7	7

Company

Average number of employees, including directors, during the year was: NIL (2024: NIL)

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Wellbeing HoldCo Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

8. Directors' remuneration

	2025	2024
	£	£
Emoluments	79,145	68,402
Company contributions to money purchase pension schemes	55,640	62,834

	134,785	131,236

The number of directors to whom retirement benefits were accruing was as follows:

	2025		2024
Money purchase pension schemes	2		2

9. Interest Payable and Similar Charges

	2025	2024
	£	£
Bank loans and overdrafts	3,247	4,492

10. Tax on Profit

The tax charge on the profit for the year was as follows:

	Tax Rate		2025	2024
	2025	2024	£	£
Current tax
UK Corporation Tax	25.0%	25.0%	175,515	114,169
Deferred Tax
Deferred taxation			(1,894 )	(3,436 )


Total tax charge for the period			173,621	110,733

The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:

	2025	2024
	£	£
Profit before tax	725,984	444,977

Tax on profit at 25% (UK standard rate)	181,497	111,244
Goodwill/depreciation not allowed for tax	1,708	1,856
Expenses not deductible for tax purposes	1,793	2,218
Revenue exempt from taxation	(10,909 )	(4,458 )
Changes in tax provisions due to legislation	(468 )	(127 )

Total tax charge for the period	173,621	110,733

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Wellbeing HoldCo Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

11. Intangible Assets

Group

	Goodwill	Other	Total
	£	£	£
Cost or Valuation
As at 1 January 2025	61,992	9,164	71,156

As at 31 December 2025	61,992	9,164	71,156

Amortisation
As at 1 January 2025	30,995	6,844	37,839
Provided during the period	6,199	633	6,832

As at 31 December 2025	37,194	7,477	44,671

Net Book Value
As at 31 December 2025	24,798	1,687	26,485

As at 1 January 2025	30,997	2,320	33,317

Company

The company had no intangible fixed assets as at 31 December 2025 or 31 December 2024.

12. Tangible Assets

Group

	Motor Vehicles	Computer and Office Equipment	Total
	£	£	£
Cost
As at 1 January 2025	70,340	30,825	101,165
Additions	-	5,001	5,001

As at 31 December 2025	70,340	35,826	106,166

Depreciation
As at 1 January 2025	15,442	26,896	42,338
Provided during the period	10,979	1,600	12,579

As at 31 December 2025	26,421	28,496	54,917

Net Book Value
As at 31 December 2025	43,919	7,330	51,249

As at 1 January 2025	54,898	3,929	58,827

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	43,918	54,898

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Wellbeing HoldCo Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Company

	Computer and Office Equipment
	£
Cost
As at 1 January 2025	14,071

As at 31 December 2025	14,071

Depreciation
As at 1 January 2025	14,071

As at 31 December 2025	14,071

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

13. Investments

Group

	Listed
	£
Cost or Valuation
As at 1 January 2025	209,613
Additions	75,750
Disposals	(4,418 )
Revaluations	43,637

As at 31 December 2025	324,582

Provision
As at 1 January 2025	-

As at 31 December 2025	-

Net Book Value
As at 31 December 2025	324,582

As at 1 January 2025	209,613

Cost or valuation at 31 December 2024 is represented by:

	Listed investments
	£
Valuations to date	62,314
Additions in 2025	75,750
Disposals in 2025	(4,418)
Cost	190,936
	324,582

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Wellbeing HoldCo Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Company

	Listed	Unlisted	Total
	£	£	£
Cost or Valuation
As at 1 January 2025	209,613	100,100	309,713
Additions	75,750	-	75,750
Disposals	(4,418 )	-	(4,418 )
Revaluations	43,637	-	43,637

As at 31 December 2025	324,582	100,100	424,682

Provision
As at 1 January 2025	-	-	-

As at 31 December 2025	-	-	-

Net Book Value
As at 31 December 2025	324,582	100,100	424,682

As at 1 January 2025	209,613	100,100	309,713

Cost or valuation at 31 December 2025 is represented by:

	Shares in group undertakings	Listed investments	Totals
	£	£	£
Valuations to date	-	62,314	62,314
Additions in 2025	-	75,750	75,750
Disposals in 2025	-	(4,418)	(4,418)
Cost	100,100	190,936	291,036

	100,100	324,582	424,682

Subsidiaries

The group or the company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Name of undertaking	Registered Office	Class of shares held	Direct holding	Indirect holding
Daintree Wealth Management Limited	One Balloon Street, Manchester, M4 4BE	Ordinary	100.00%	-
Daintree Wealth Tomorrow Ltd	Unit 3, Building 2, The Colony Wilmslow, Altrincham Road, Wilmslow, Cheshire, SK9 4LY	Ordinary	100.00%	-
Daintree Asset Management Limited	Unit 3, Building 2, The Colony Wilmslow, Altrincham Road, Wilmslow, Cheshire, SK9 4LY	Ordinary	100.00%	-

Daintree Asset Management Limited has been excluded from the group accounts on the grounds of immateriality.

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Wellbeing HoldCo Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

14. Debtors

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Due within one year
Trade debtors	81,407	73,522	-	-
Amounts owed by group undertakings	-	-	900	900
Amounts owed by participating interests	111,300	-	111,300	-
Other debtors	50,316	33,609	446	698

	243,023	107,131	112,646	1,598

There was no bad debt provision at either year end date.

15. Creditors: Amounts Falling Due Within One Year

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Net obligations under finance lease and hire purchase contracts	7,618	7,618	-	-
Trade creditors	5,873	14,781	-	1,200
Bank loans and overdrafts	42,755	55,255	5,255	5,255
Amounts owed to group undertakings	-	-	8,600	8,600
Other creditors	13,158	13,814	2,387	7,176
Corporation tax	175,541	114,112	-	-
Taxation and social security	13,542	27,927	-	-
Accruals and deferred income	42,022	34,600	-	1,000

	300,509	268,107	16,242	23,231

16. Creditors: Amounts Falling Due After More Than One Year

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Net obligations under finance lease and hire purchase contracts	42,251	49,869	-	-
Bank loans	25,212	68,083	25,212	30,583

	67,463	117,952	25,212	30,583

The following secured debts are included within creditors:

	Group
	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	49,869	57,487

The lease is secured on the vehicle it finances.

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Wellbeing HoldCo Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

17. Loans

An analysis of the maturity of loans is given below:

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Amounts falling due within one year or on demand:
Bank loans	42,755	55,255	5,255	5,255

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Amounts falling due between one and five years:
Bank loans	25,212	68,083	25,212	30,583

18. Obligations Under Finance Leases and Hire Purchase

	Group
	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,618	7,618
Later than one year and not later than five years	42,251	49,869

	49,869	57,487

	49,869	57,487

19. Provisions for Liabilities

Group
	Deferred Tax	Total
	£	£
As at 1 January 2025	14,707	14,707
Deferred taxation	(1,894 )	(1,894 )

Balance at 31 December 2025	12,813	12,813

Deferred tax comprises accelerated capital allowances at each year end.

20. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
767 Ordinary A1 shares of £ 1.00 each	767	767

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Wellbeing HoldCo Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

21. Financial Instruments

The group has the following financial instruments:

	Group		Company
	2025	2024	2025	2024
	£	£	£	£
Financial assets
Financial assets measured at fair value through profit and loss	324,582	209,613	324,582	209,613

Financial liabilities
Financial liabilities measured at amortised cost	117,836	180,825	117,836	180,285

22. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2025	2024
	£	£
Not later than one year	41,245	31,725

	41,245	31,725

23. Pension Commitments

The group operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the group in an independently administered fund.

During the year the charge to profit or loss in respect of the defined contribution scheme was £10,107 (2024: £8,203).

At the statement of financial position date contributions of £5,846 (2024: £2,655) were due to the fund and are included in creditors.

24. Dividends

	2025	2024
	£	£
On equity shares:
Interim dividend paid	73,870	86,978

25. Reserves

Group

	Retained earnings	Share premium	Capital redemption reserve	Totals
	£	£	£	£
At 1 January 2025	556,951	99,825	75	656,851
Profit for the year	552,363	-	-	552,363
Dividends	(73,870)	-	-	(73,870)
At 31 December 2025	1,035,444	99,825	75	1,135,344

Retained earnings - this reserve includes all current and prior year retained profits and losses net of distributions to shareholders.

...CONTINUED

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Wellbeing HoldCo Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

25. Reserves - continued

Share premium account - this reserve represents the premium paid on the allotment of shares.

Capital redemption reserve - this reserve represents the nominal value of shares purchased by the company in itself and subsequently cancelled.

Company

	Retained earnings	Share premium	Capital redemption reserve	Totals
	£	£	£	£
At 1 January 2025	264,195	99,825	75	364,095
Profit for the year	377,593	-	-	377,593
Dividends	(73,870)	-	-	(73,870)

At 31 December 2025	567,918	99,825	75	667,818

Retained earnings - this reserve includes all current and prior year retained profits and losses net of distributions to shareholders.

Share premium account - this reserve represents the premium paid on the allotment of shares.

Capital redemption reserve - this reserve represents the nominal value of shares purchased by the company in itself and subsequently cancelled.

26. Related Party Disclosures

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose transactions with wholly owned subsidiaries within the group.

Transactions between group entities which have been eliminated on consolidation are not disclosed within the financial statements.

At the year end the company was owed £900 (2024: £900) by, and owed £8,600 (2024: £8,600) to, fellow group companies.

During the year dividends of £73,870 (2024: £86,978) were paid to the directors.

During the year a loan was made by the company to FNX100 Ltd, of which Mark Parello is the sole shareholder/director:

	2025	2024
	£	£
FNX100 Ltd	111,300	-

	111,300	-

This loan is interest free and and repayable on demand.

The Directors deem this loan to be recoverable based on forecasts for FNX100 Limited for the 10 year period up to and including 31 December 2035. No provision has therefore been made against the balance.

27. Controlling Parties

The controlling party is Mark Parello.

28. Exceptional Items

The exceptional item relates to a refund from HMRC, net of costs, in respect of output VAT incorrectly charged in prior years.

Page 26