IRIS Accounts Production v24.3.0.553 05217720 Board of Directors 1.4.23 31.1.24 31.1.24 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh052177202023-03-31052177202024-01-31052177202023-04-012024-01-31052177202022-03-31052177202022-04-012023-03-31052177202023-03-3105217720ns15:EnglandWales2023-04-012024-01-3105217720ns14:PoundSterling2023-04-012024-01-3105217720ns10:Director12023-04-012024-01-3105217720ns10:PrivateLimitedCompanyLtd2023-04-012024-01-3105217720ns10:SmallEntities2023-04-012024-01-3105217720ns10:AuditExempt-NoAccountantsReport2023-04-012024-01-3105217720ns10:SmallCompaniesRegimeForDirectorsReport2023-04-012024-01-3105217720ns10:SmallCompaniesRegimeForAccounts2023-04-012024-01-3105217720ns10:FullAccounts2023-04-012024-01-3105217720ns10:OrdinaryShareClass12023-04-012024-01-3105217720ns5:CurrentFinancialInstruments2024-01-3105217720ns5:CurrentFinancialInstruments2023-03-3105217720ns5:ShareCapital2024-01-3105217720ns5:ShareCapital2023-03-3105217720ns5:RetainedEarningsAccumulatedLosses2024-01-3105217720ns5:RetainedEarningsAccumulatedLosses2023-03-3105217720ns10:RegisteredOffice2023-04-012024-01-3105217720ns5:PlantMachinery2023-04-012024-01-3105217720ns5:FurnitureFittings2023-04-012024-01-3105217720ns5:LandBuildings2023-03-3105217720ns5:PlantMachinery2023-03-3105217720ns5:FurnitureFittings2023-03-3105217720ns5:MotorVehicles2023-03-3105217720ns5:LandBuildings2023-04-012024-01-3105217720ns5:MotorVehicles2023-04-012024-01-3105217720ns5:LandBuildings2024-01-3105217720ns5:PlantMachinery2024-01-3105217720ns5:FurnitureFittings2024-01-3105217720ns5:MotorVehicles2024-01-3105217720ns5:LandBuildings2023-03-3105217720ns5:PlantMachinery2023-03-3105217720ns5:FurnitureFittings2023-03-3105217720ns5:MotorVehicles2023-03-3105217720ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-3105217720ns5:WithinOneYearns5:CurrentFinancialInstruments2023-03-3105217720ns10:OrdinaryShareClass12024-01-31
REGISTERED NUMBER: 05217720 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2023 TO 31 JANUARY 2024

FOR

ADVICE DOCTOR LIMITED

ADVICE DOCTOR LIMITED (REGISTERED NUMBER: 05217720)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 JANUARY 2024










Page

Statement of Financial Position 1

Notes to the Financial Statements 3


ADVICE DOCTOR LIMITED (REGISTERED NUMBER: 05217720)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,300,721 1,350,265

CURRENT ASSETS
Debtors 5 106,596 -
Cash at bank and in hand 90,381 46,225
196,977 46,225
CREDITORS
Amounts falling due within one year 6 1,142,723 1,095,530
NET CURRENT LIABILITIES (945,746 ) (1,049,305 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

354,975

300,960

PROVISIONS FOR LIABILITIES 12,237 24,545
NET ASSETS 342,738 276,415

CAPITAL AND RESERVES
Called up share capital 7 2 2
Retained earnings 342,736 276,413
SHAREHOLDERS' FUNDS 342,738 276,415

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 January 2024.

The members have not required the Company to obtain an audit of its financial statements for the period ended 31 January 2024 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.

ADVICE DOCTOR LIMITED (REGISTERED NUMBER: 05217720)

STATEMENT OF FINANCIAL POSITION - continued
31 JANUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 October 2024 and were signed on its behalf by:





P N Ruparelia - Director


ADVICE DOCTOR LIMITED (REGISTERED NUMBER: 05217720)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2023 TO 31 JANUARY 2024


1. STATUTORY INFORMATION

Advice Doctor Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 05217720

Registered office: 368 Forest Road
London
E17 5JF

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.


ADVICE DOCTOR LIMITED (REGISTERED NUMBER: 05217720)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 JANUARY 2024


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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 period was 30 (2023 - 28 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Freehold Plant and and Motor
property machinery fittings vehicles Totals
£    £    £    £    £   
COST
At 1 April 2023 1,250,000 34,515 50,480 106,110 1,441,105
Additions - 1,726 19,520 - 21,246
Disposals - - - (106,110 ) (106,110 )
At 31 January 2024 1,250,000 36,241 70,000 - 1,356,241
DEPRECIATION
At 1 April 2023 - 12,494 26,120 52,226 90,840
Charge for period - 5,936 10,970 - 16,906
Eliminated on disposal - - - (52,226 ) (52,226 )
At 31 January 2024 - 18,430 37,090 - 55,520
NET BOOK VALUE
At 31 January 2024 1,250,000 17,811 32,910 - 1,300,721
At 31 March 2023 1,250,000 22,021 24,360 53,884 1,350,265

ADVICE DOCTOR LIMITED (REGISTERED NUMBER: 05217720)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2023 TO 31 JANUARY 2024


5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 83,913 -
Other debtors 22,683 -
106,596 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 13,921 24,117
Amounts owed to group undertakings 988,367 993,381
Taxation and social security 60,515 52,143
Other creditors 79,920 25,889
1,142,723 1,095,530

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

8. RELATED PARTY DISCLOSURES

The Company's related parties, the nature of the relationship and the extent of the transactions with them are summarised below:


20242023
£   £   
Amounts owed by/(to) Challoners Ltd (a group undertaking)(988,367)-

The controlling party is Challoners Ltd, the parent company.