CHELSEA FINANCIAL SERVICES PLC

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Paul Hartley FCA

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, I 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 I have performed, I have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Group structure

1. CHELSEA FINANCIAL SERVICES PLC · parent
   1. Chelsea Portfolio Management Services Limited 100% · England and Wales

Significant events

• “New business for the period on Aegon was over £20 million and Platform One was just under £8 million which the Board consider a satisfactory increase of funds under management totalling £950 million”
• “On 5th June 2025, the VT Chelsea Managed Funds marked their 8th anniversary. All four of the funds are top quartile since launch. The Monthly Income fund was 2/136 in its sector.”
• “The total AUA for these funds increased to £203.2m, a rise from £171m last year. This is 18% growth in AUA. The funds continue to enjoy regular inflows.”
• “The fees associated to the funds are now £451,541 up from £346,917 which is an increase of 30%. This is a very positive number and reflects the move to become the IM.”
• “From the 3rd of March CFS became the investment manager on the funds having previously been the investment adviser. This should lead to an increase in fees going forward as above. The investment team has adapted well to the new role. Also CFS is now a MIFID firm and our capital adequacy has increased.”
• “There are no capital commitments as at 30 June 2025 (None at 30 June 2024).”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

4

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.

• Turnover

  +6.2%

  £4,273,052 → £4,538,779

• Cash

  -73.8%

  £1,667,730 → £437,004

  lowest in 4 filed years

• Net assets

  —

  Not reported

• Employees

  0%

  18 → 18

• Operating profit

  -29.9%

  £1,172,417 → £821,961

  lowest in 4 filed years

• Profit before tax

  -28.5%

  £1,321,459 → £944,309

  lowest in 4 filed years

• Wages

  +6.5%

  £1,284,827 → £1,367,838

Each % is (latest − prior) ÷ |prior| for the line item as filed. Periods don't have to be exactly 12 months apart — a long or short period (typical around incorporation or year-end changes) will distort the comparison. Lines a company doesn't report are omitted. About these numbers