2023-05-01 07617439 2024-04-30 07617439 2023-05-01 2024-04-30 07617439 2023-04-30 07617439 2022-05-01 2023-04-30 07617439 uk-core:WithinOneYear 2023-04-30 07617439 uk-core:WithinOneYear 2024-04-30 07617439 uk-core:ShareCapital 2024-04-30 07617439 uk-core:ShareCapital 2023-04-30 07617439 uk-core:RevaluationReserve 2024-04-30 07617439 uk-core:RevaluationReserve 2023-04-30 07617439 uk-core:RetainedEarningsAccumulatedLosses 2024-04-30 07617439 uk-core:RetainedEarningsAccumulatedLosses 2023-04-30 07617439 uk-bus:Director1 2023-05-01 2024-04-30 07617439 uk-bus:Director2 2023-05-01 2024-04-30 07617439 uk-core:PlantMachinery 2023-05-01 2024-04-30 07617439 uk-core:ToolsEquipment 2023-05-01 2024-04-30 07617439 uk-core:FurnitureFittings 2023-05-01 2024-04-30 07617439 uk-core:CostValuation 2023-04-30 07617439 uk-core:AdditionsToInvestments 2024-04-30 07617439 uk-core:DisposalsRepaymentsInvestments 2024-04-30 07617439 uk-core:CostValuation 2024-04-30 iso4217:GBP xbrli:pure 07617439 uk-bus:AuditExemptWithAccountantsReport 2023-05-01 2024-04-30 07617439 uk-bus:FRS102 2023-05-01 2024-04-30 07617439 uk-bus:FullAccounts 2023-05-01 2024-04-30 07617439 uk-bus:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30
Intermediary Asset Advisors Limited
Registered Number:07617439
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 April 2024
Intermediary Asset Advisors Limited
Contents Page
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Statement of Financial Position
3 to 4
Notes to the Financial Statements
3
Registered Number :
07617439
As at 30 April 2024
Intermediary Asset Advisors Limited
Abridged Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
2
Property, plant and equipment
9,804
33,804
Financial assets
-
15,000
24,804
33,804
Current assets
Trade and other receivables
48
38,440
102,532
Cash and cash equivalents
34,642
73,082
102,580
Trade and other payables: amounts falling due within
one year
(16,898)
(30,991)
3
85,682
42,091
Net current assets
Total assets less current liabilities
66,895
119,486
66,895
Net assets
119,486
Capital and reserves
Called up share capital
100
100
Revaluation reserve
3,811
3,811
4
Retained earnings
62,984
115,575
66,895
119,486
Shareholders' funds
For the year ended 30 April 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
All the members have consented to the preparation of an Abridged Statement of Financial Position for the year ended 30 April 2024 in accordance with Section 444 (2A) of the Companies Act 2006.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
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Registered Number :
07617439
For the year ended 30 April 2024
Intermediary Asset Advisors Limited
Abridged Statement of Financial Position Continued
Mr Robert Imbert Director
Mrs Clair Imbert Director
These financial statements were approved and authorised for issue by the Board on 26 July 2024 and were signed by:
The notes form part of these financial statements
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For the year ended 30 April 2024
Intermediary Asset Advisors Limited
Notes to the Financial Statements
Statutory Information
Intermediary Asset Advisors Limited is a private limited company, limited by shares, domiciled in
England and Wales, registration number 07617439.
Principal place of business:
47 Lawford Road
London
N1 5BJ
Registered address:
38 Tintern Avenue
Westcliff-on-Sea
Essex
SS0 9QJ
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of
Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic
of Ireland' and the Companies Act 2006. The financial statements have been prepared under the
historical costs convention as modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
0% Reducing balance
20% Reducing balance
Computer equipment
20% Reducing balance
Fixtures and fittings
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For the year ended 30 April 2024
Intermediary Asset Advisors Limited
Notes to the Financial Statements Continued
2. Fixed assets
Property,
plant and
equipment
Investments
Total
£
Cost or valuation
At 01 May 2023
33,804
33,804
-
Additions
15,000
-
15,000
Disposals
(24,000)
(24,000)
-
At 30 April 2024
24,804
9,804
15,000
Net book value
At 30 April 2024
24,804
9,804
15,000
At 30 April 2023
33,804
33,804
-
3. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
13,491
14,786
Accruals and deferred income
2,498
1,971
Directors' loan accounts
15,002
41
Other creditors
-
100
30,991
16,898
4. Reserves
Total
£
Revaluation reserve at 01 May 2023
3,811
3,811
Revaluation reserve at 30 April 2024
5. Average number of persons employed
During the year the average number of employees was 2 (2023 : 2)
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