ACCOUNTS - Final Accounts preparation

Company registration number: 11145823

	FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 30 APRIL 2026

	WILL + PARTNERS LIMITED


WILL + PARTNERS LIMITED

COMPANY INFORMATION

Directors	I Apsley
	W F Poole-Wilson


Registered number	11145823


Registered office	Holmes House
	4 Pear Place
	London
	SE1 8BT


Independent auditor	Menzies LLP
	Chartered Accountants & Statutory Auditor
	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


WILL + PARTNERS LIMITED

CONTENTS

	Page
Statement of Financial Position	1
Notes to the Financial Statements	2 - 5


WILL + PARTNERS LIMITED REGISTERED NUMBER:11145823

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2026

		2026		2025
Note		£		£

Fixed assets
Tangible assets	4		2,623		8,953
			2,623		8,953
Current assets
Debtors: amounts falling due within one year	5	578,969		1,553,614
Bank and cash balances		17,182		82,637
		596,151		1,636,251
Creditors: amounts falling due within one year	6	(576,295)		(1,521,879)
Net current assets			19,856		114,372
Total assets less current liabilities			22,479		123,325

Net assets			22,479		123,325

Capital and reserves
Called up share capital	100	100
Profit and loss account	22,379	123,225
	22,479	123,325

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

I Apsley

Director

Date: 2 November 2026

The notes on pages 2 to 5 form part of these financial statements.

Page 1


WILL + PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

1.	General information

Will + Partners Limited is a private company limited by shares, incorporated in England and Wales under Companies Act 2006. The registered office is given on the Company Information page.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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 following principal accounting policies have been applied:

2.2

Going concern

The Directors have transferred the trade of the Company to another group entity and to cease trading. As required by UK accounting standards, the directors have prepared the financial statements on a basis other than going concern. No material adjustments arose as a result of this.

2.3

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue for consultancy and other services is recognised by reference to the stage of completion. Stage of completion is measured by reference to labour hours and related costs incurred to date, as a percentage of total estimated labour hours and other related costs for each contract. Where the contract outcome cannot be measured reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable.

Where contracts are expected to have outturn losses, the losses are recognised in full immediately as onerous contracts.

Page 2


WILL + PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

2.Accounting policies (continued)

2.5

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates income.

2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3


WILL + PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

2.Accounting policies (continued)

2.9

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Fixtures and fittings

25% - 33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Employees

The average monthly number of employees, including directors, during the year was 4 (2025 - 8).

4.	Tangible fixed assets

		Fixtures and fittings
		£
	Cost
	At 1 May 2025	86,451
	At 30 April 2026	86,451
	Depreciation
	At 1 May 2025	77,498
	Charge for the year on owned assets	6,330
	At 30 April 2026	83,828
	Net book value
	At 30 April 2026	2,623
	At 30 April 2025	8,953

Page 4


WILL + PARTNERS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2026

Debtors

					2026	2025
					£	£


Trade debtors	149,377	620,099
Amounts owed by group undertakings	417,455	430,825
Other debtors	-	9,088
Prepayments and accrued income	12,137	453,256
Amounts recoverable on long-term contracts	-	40,346
	578,969	1,553,614

6.	Creditors: Amounts falling due within one year
		2026	2025
		£	£

Bank loans	3,334	13,333
Payments received on account	-	46,515
Trade creditors	39,503	46,953
Amounts owed to group undertakings	417,864	1,182,755
Corporation tax	9,088	-
Other taxation and social security	23,557	30,511
Other creditors	-	2,525
Accruals and deferred income	82,949	199,287
	576,295	1,521,879

7.	Controlling party

The parent undertaking of the smallest group in which consolidated financial statements are prepared, which include this company, is Broadway Malyan Holdings Limited. The company’s registered address is Holmes House, 4 Pear Place, London, England, SE1 8BT.

8.	Auditor's information

The auditor's report on the financial statements for the year ended 30 April 2026 was unqualified.

The audit report was signed on 2 November 2026 by Ralph Mitchison FCA (Senior Statutory Auditor) on behalf of Menzies LLP.

Page 5