Ward Goodman Limited - Filleted accounts

Registered number

02494983

Ward Goodman Limited

Filleted Accounts

31 March 2026

Ward Goodman Limited
Registered number:		02494983
Balance Sheet
as at 31 March 2026

Notes			2026			2025
(Restated)
£				£
Fixed assets
Intangible assets	4		18,446			46,046
Tangible assets	5		8,105			17,142
Investments	6		659,440			659,440
			685,991			722,628

Current assets
Debtors	7	1,158,597			1,085,529
Cash at bank and in hand		157,456			54,828
		1,316,053			1,140,357

Creditors: amounts falling due within one year	8	(677,341)			(561,540)

Net current assets			638,712			578,817

Net assets			1,324,703			1,301,445

Capital and reserves
Called up share capital			30,329			30,329
Capital Redemption reserve			30,920			30,920
Profit and loss account			1,263,454			1,240,196

Shareholders' funds			1,324,703			1,301,445

Details of the prior period restatement are included in note 3.

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A Foster
Director
Approved by the board on 29 September 2026

Ward Goodman Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees				2026		2025
Number						Number

	Average number of persons employed by the company				34		38


3	Prior period restatement

	Durng the year it was identified that the company had not offset the write off of loan balances against the profit arising on the disposal of its interest in Ward Goodman Audit Services. The comparative figures in the primary statements and notes have been restated to reflect the prior period error. The effects of the prior period error are summarised below:

							2025
	Profit and loss account						£
	Administrative expenses have been reduced to reflect the write off of loan balances.
	Reduction in profit for the financial year						262,360

	Balance sheet
	Debtors						- 262,360
	Profit and loss account						262,360
							-

4	Intangible fixed assets						£
	Goodwill:

	Cost
	At 1 April 2025						1,193,342
	At 31 March 2026						1,193,342

	Amortisation
	At 1 April 2025						1,147,296
	Provided during the year						27,600
	At 31 March 2026						1,174,896

	Net book value
	At 31 March 2026						18,446
	At 31 March 2025						46,046

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


5	Tangible fixed assets
			Fixtures, fittings & equipment		Computer equipment		Total
£				£		£
	Cost
	At 1 April 2025		143,740		469,936		613,676
	Additions		475		5,862		6,337
	At 31 March 2026		144,215		475,798		620,013

	Depreciation
	At 1 April 2025		142,260		454,274		596,534
	Charge for the year		504		14,870		15,374
	At 31 March 2026		142,764		469,144		611,908

	Net book value
	At 31 March 2026		1,451		6,654		8,105
	At 31 March 2025		1,480		15,662		17,142


6	Investments
Investments in
subsidiary
undertakings
£
	Cost
	At 1 April 2025						659,440

	At 31 March 2026						659,440
	The company's investments at the Balance Sheet date in the share capital of companies include the following:
	Joint ventures
	H K Financial Advice Service Limited
	Registered Office	4 Cedar Park, Cobham Road
		Ferndown Industrial Estate
		Wimborne
		Dorset
		BH21 7SF
	Nature of business:	Appointed representative - financial services
	Class of shares:	£1 Ordinary A shares
	% holding	50.01

	Blanchards Bailey Financial Services Limited
	Registered Office	4 Cedar Park, Cobham Road
		Ferndown Industrial Estate
		Wimborne
		Dorset
		BH21 7SF
	Nature of business:	Appointed representative - financial services
	Class of shares:	£1 Ordinary A shares
	% holding	50.01

7	Debtors				2026		2025
(Restated)
£						£

	Trade debtors				200		-
	Amounts owed by group undertakings and undertakings in which the company has a participating interest				1,101,946		1,006,346
	VAT recoverable				31,194		33,117
	Deferred tax asset				3,927		3,909
	Other debtors				21,330		42,157
					1,158,597		1,085,529


8	Creditors: amounts falling due within one year				2026		2025
£						£

	Trade creditors				68,149		39,996
	Amounts owed to group undertakings and undertakings in which the company has a participating interest				566,142		478,041
	Taxation and social security costs				42,997		41,538
	Other creditors				53		1,965
					677,341		561,540


9	Controlling party

	The ultimate holding company is Ward Goodman Group Ltd which is incorporated in England and Wales under number 11872387.


10	Other information

	Ward Goodman Limited is a private company limited by shares and incorporated in England. Its registered office is:
	4 Cedar Park, Cobham Road
	Ferndown Industrial Estate
	Wimborne
	Dorset
	BH21 7SF