REGISTERED NUMBER: 02150087 (England and Wales)

ASSET MANAGEMENT FINANCIAL

ADVISERS LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G Craig

A J Wood

M Wood

REGISTERED OFFICE:

8 Gaters Mill

Mansbridge Road

West End

Southampton

Hampshire

SO18 3HW

REGISTERED NUMBER:

02150087 (England and Wales)

SENIOR STATUTORY AUDITOR:

James Flood FCA

AUDITORS:

Hopper Williams & Bell Limited

Statutory Auditor

Chartered Accountants

Highland House

Mayflower Close

Chandler's Ford

Eastleigh

Hampshire

SO53 4AR

FIXED ASSETS

Tangible assets

4

21,735

21,075

Investments

5

13,483

54,049

35,218

75,124

CURRENT ASSETS

Debtors

6

678,125

703,558

Cash at bank and in hand

351,808

258,280

1,029,933

961,838

CREDITORS

Amounts falling due within one year

7

(321,986

)

(377,882

)

NET CURRENT ASSETS

707,947

583,956

TOTAL ASSETS LESS CURRENT LIABILITIES

743,165

659,080

PROVISIONS FOR LIABILITIES

9

(11,045

)

(10,833

)

NET ASSETS

732,120

648,247

CAPITAL AND RESERVES

Called up share capital

40,000

40,000

Retained earnings

692,120

608,247

SHAREHOLDERS' FUNDS

732,120

648,247

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2026 and were signed on its behalf by:

A J Wood - Director

1.	STATUTORY INFORMATION

Asset Management Financial Advisers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The company's business addresses are 8 Gaters Mill, Mansbridge Road, West End, Southampton, SO18 3HW, Aspen House, 12 Brook Street, Bishops Waltham, SO32 1AX and Chesil Mews House, Milland Road, Winchester, SO23 0QA.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with "The Financial Reporting Standards applicable in the UK and Republic of Ireland" ("FRS 102") and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £1.

The financial statements have been prepared under the historical cost convention, modified to include certain financial instruments at fair value. The principal accounting policies adopted are set out below.

Turnover

Turnover represents amounts receivable in respect of financial advisory services provided to clients and includes adviser fees, commission income and recurring fee income, excluding value added tax.

Initial commissions and fees are recognised when the underlying policy or investment product has been accepted by the provider and placed on risk, at which point the Company's performance obligations have been substantially satisfied and entitlement to income has been established.

Ongoing servicing fees and recurring commissions are recognised over the period in which the related services are provided to clients.

Where income is subject to potential clawback by product providers, management assesses the likelihood of repayment and, where appropriate, makes provision for expected clawbacks in the period in which the associated income is recognised.

Tangible fixed assets

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

Short leasehold

-

Straight line over 5 years

Computer Equipment

-

Straight line over 3 years

Fixtures and fittings

-

Straight line over 5 years

The profit or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset and is recognised in the income statement.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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.

Financial assets

The Company has elected to apply the provision of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial assets are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets, which include trade and other receivables and cash and bank balances are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method, unless the arrangement constitutes a financial transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Financial liabilities

Basic financial liabilities which include trade and other payables, are initially measured at transaction price and subsequently measured at amortised cost, unless the arrangement constitutes a financing transaction where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.

Equity instruments

Equity instruments issued by the company are recorded at the fair value of the proceeds received net of direct issue costs. Dividend's payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

Investments

Fixed and current asset investments are valued at fair value with changes in fair value recognised in the profit and loss.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 30 (2025 - 31 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Short

Computer

and

leasehold

Equipment

fittings

Totals

£

£

£

£

COST

At 1 April 2025

60,027

71,971

72,387

204,385

Additions

-

11,686

137

11,823

At 31 March 2026

60,027

83,657

72,524

216,208

DEPRECIATION

At 1 April 2025

60,027

58,468

64,815

183,310

Charge for year

-

8,439

2,724

11,163

At 31 March 2026

60,027

66,907

67,539

194,473

NET BOOK VALUE

At 31 March 2026

-

16,750

4,985

21,735

At 31 March 2025

-

13,503

7,572

21,075

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2025

54,049

Disposals

(40,566

)

At 31 March 2026

13,483

NET BOOK VALUE

At 31 March 2026

13,483

At 31 March 2025

54,049

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

318,539

326,883

Amounts owed by group undertakings

309,711

286,075

Other debtors

49,875

90,600

678,125

703,558

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Taxation and social security

296,318

301,200

Other creditors

25,668

76,682

321,986

377,882

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

2026

2025

£

£

Within one year

115,577

131,311

Between one and five years

181,213

214,430

In more than five years

77,322

92,022

374,112

437,763

9.	PROVISIONS FOR LIABILITIES

2026

2025

£

£

Deferred tax

5,045

4,833

Other provisions

6,000

6,000

11,045

10,833

Deferred tax

£

Balance at 1 April 2025

4,833

Provided during year

212

Balance at 31 March 2026

5,045

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

James Flood FCA (Senior Statutory Auditor)

for and on behalf of Hopper Williams & Bell Limited

11.	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 related party transactions with wholly owned subsidiaries within the group.

During the year, the company paid rent on a property owned by directors totalling £22,800 (2025: £22,200).

The immediate parent company is Asset Management (Southampton) Holdings Limited.

The ultimate parent company is Asset Management (2025) Limited, following its acquisition of Asset Management (2020) Limited on 25 October 2024.