WAY FUND MANAGERS LIMITED

• ⚠

  Material uncertainty over going concern

  At the time of approving the financial statements, the Directors have reviewed the Company's financial forecasts, together with the commitment of PPAL mentioned above, and have, whilst recognising that there is material uncertainty, come to the opinion that the Company has and will continue to have access to adequate resources to continue as a going concern for, at least, the next 12 months.

Latest accounts filed cover 2025-03-31; financial figures currently reflect up to 2024-03-31.

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

PKF Francis Clark

Audit opinion

Unqualified (clean)

Going concern

Material uncertainty disclosed

“At the time of approving the financial statements, the Directors have reviewed the Company's financial forecasts, together with the commitment of PPAL mentioned above, and have, whilst recognising that there is material uncertainty, come to the opinion that the Company has and will continue to have access to adequate resources to continue as a going concern for, at least, the next 12 months.”

Significant events

• “The FCA investigation, which remained in progress as at the date of approval of the 2024 financial statements, was confirmed as being concluded in August 2024. At the conclusion of that investigation, the Company agreed to a voluntary scheme whereby the affected shareholders of the relevant specific funds may receive compensation for certain losses suffered.”

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

Filings

9

last 12 months

Capital events

7

last 24 months

Officers appointed

1

last 12 months

Officers resigned

1

last 12 months

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

• Turnover

  -9.6%

  £6,658,922 → £6,016,464

  lowest in 3 filed years

• Cash

  -16.7%

  £218,312 → £181,921

  lowest in 4 filed years

• Net assets

  -38.3%

  £529,732 → £327,068

  lowest in 4 filed years

• Employees

  -5.6%

  18 → 17

  lowest in 4 filed years

• Operating profit

  -24.1%

  -£365,432 → -£453,664

  lowest in 3 filed years

• Profit before tax

  -24.1%

  -£365,432 → -£453,664

  lowest in 3 filed years

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