REGISTERED NUMBER: 14819871 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2026

FOR

WILLGRASS WEALTH MANAGEMENT LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

B N Willgrass

N A Willgrass

SECRETARY:

REGISTERED OFFICE:

Colney Old Hall

Watton Road

Colney

Norwich

NR4 7TX

REGISTERED NUMBER:

14819871 (England and Wales)

ACCOUNTANTS:

Berry & Warren Ltd

Chartered Accountants

54 Thorpe Road

Norwich

Norfolk

NR1 1RY

FIXED ASSETS

Intangible assets

4

848,208

848,208

Tangible assets

5

68,007

89,544

916,215

937,752

CURRENT ASSETS

Cash at bank

3,516

2,990

CREDITORS

Amounts falling due within one year

6

261,858

193,997

NET CURRENT LIABILITIES

(258,342

)

(191,007

)

TOTAL ASSETS LESS CURRENT LIABILITIES

657,873

746,745

CREDITORS

Amounts falling due after more than one year

7

(519,277

)

(678,591

)

PROVISIONS FOR LIABILITIES

(13,604

)

(22,386

)

NET ASSETS

124,992

45,768

CAPITAL AND RESERVES

Called up share capital

80

80

Retained earnings

124,912

45,688

124,992

45,768

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st August 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st August 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27th October 2026 and were signed on its behalf by:

N A Willgrass - Director

1.	STATUTORY INFORMATION

Willgrass Wealth Management Ltd 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Taxation

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

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 8 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st September 2025

and 31st August 2026

848,208

NET BOOK VALUE

At 31st August 2026

848,208

At 31st August 2025

848,208

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1st September 2025

and 31st August 2026

153,887

DEPRECIATION

At 1st September 2025

64,343

Charge for year

21,537

At 31st August 2026

85,880

NET BOOK VALUE

At 31st August 2026

68,007

At 31st August 2025

89,544

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

88,012

88,034

Hire purchase contracts

71,514

14,806

Taxation and social security

97,988

86,983

Other creditors

4,344

4,174

261,858

193,997

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans

519,277

607,077

Hire purchase contracts

-

71,514

519,277

678,591

2026

2025

£

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

167,229

255,029