AMBERSIDE ADVISORS LTD

Company Registration Number:
06078852 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

AMBERSIDE ADVISORS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

AMBERSIDE ADVISORS LTD

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

The principal activity of the company is the provision of infrastructure and energy transition consultancy services.

Additional information

The company is a wholly owned subsidiary of Steer Davies and Gleave Ltd. Steer Davies and Gleave Ltd is a company incorporated in England & Wales registered number 01883830. The financial statements of the company are consolidated into the parent company Steer Group Ltd for the year end 31 March 24.



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Paul Austin
Simon Meadows
Hugh Jones


The director shown below has held office during the period of
1 April 2023 to 25 July 2023

Lisa Martin


Secretary Victoria Donnington

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
18 December 2024

And signed on behalf of the board by:
Name: Paul Austin
Status: Director

AMBERSIDE ADVISORS LTD

Balance sheet

As at 31 March 2024

Notes 2024 17 months to 31 March 2023


£

£
Fixed assets
Intangible assets: 3 191,985 245,486
Tangible assets: 4 26,498 73,148
Total fixed assets: 218,483 318,634
Current assets
Debtors: 5 1,736,939 1,669,121
Cash at bank and in hand: 1,723,132 885,161
Total current assets: 3,460,071 2,554,282
Creditors: amounts falling due within one year: 6 ( 721,381 ) ( 404,034 )
Net current assets (liabilities): 2,738,690 2,150,248
Total assets less current liabilities: 2,957,173 2,468,882
Provision for liabilities: ( 17,589 ) ( 17,589 )
Total net assets (liabilities): 2,939,584 2,451,293
Capital and reserves
Called up share capital: 20,000 20,000
Share premium account: 1,522,112 1,522,112
Profit and loss account: 1,397,472 909,181
Total Shareholders' funds: 2,939,584 2,451,293

The notes form part of these financial statements

AMBERSIDE ADVISORS LTD

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 18 December 2024
and signed on behalf of the board by:

Name: Paul Austin
Status: Director

The notes form part of these financial statements

AMBERSIDE ADVISORS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises revenue recognised by the company in respect of services supplied during the year, exclusive of Value Added Tax. In addition turnover includes fees on long term contracts calculated as a proportion of total contract value based on the percentage stage of completion, or on the basis of unbilled work carried out to date, dependent on the nature of the individual contract. 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.

    Tangible fixed assets depreciation policy

    Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its residual value over the economic life of that asset. Fixtures and fittings 20%, motor vehicles 33% and Computer equipment 20% straight line.

    Intangible fixed assets amortisation policy

    Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows: Goodwill 10% straight line If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

    Other accounting policies

    Going concern -These accounts have been prepared using the going concern accounting basis reflecting the Board’s confidence that the company has adequate resources to continue trading for the foreseeable future, being a period no less than 12 months from the date of these financial statements.

AMBERSIDE ADVISORS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 17 months to 31 March 2023
    Average number of employees during the period 35 34

    Defined contribution plans - The Company operates a defined contribution pension scheme. The pension cost charge for the period represents contributions payable by the Company to the scheme and amounted to £158,101 (2023: £95,895).

AMBERSIDE ADVISORS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Intangible assets

Goodwill Other Total
Cost £ £ £
At 1 April 2023 738,206 738,206
Additions
Disposals
Revaluations
Transfers
At 31 March 2024 738,206 738,206
Amortisation
At 1 April 2023 492,720 492,720
Charge for year 53,501 53,501
On disposals
Other adjustments
At 31 March 2024 546,221 546,221
Net book value
At 31 March 2024 191,985 191,985
At 31 March 2023 245,486 245,486

AMBERSIDE ADVISORS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 158,600 0 58,190 216,790
Additions 3,500 3,500
Disposals ( 34,387 ) ( 34,387 )
Revaluations
Transfers 158,600 158,600 58,190 58,190
At 31 March 2024 0 127,713 0 127,713
Depreciation
At 1 April 2023 123,847 0 19,795 143,642
Charge for year 11,756 11,756
On disposals ( 34,387 ) ( 34,387 )
Other adjustments 123,847 123,846 19,795 19,796
At 31 March 2024 0 101,215 0 101,215
Net book value
At 31 March 2024 0 26,498 0 26,498
At 31 March 2023 34,753 0 38,395 73,148

AMBERSIDE ADVISORS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 17 months to 31 March 2023
£ £
Trade debtors 937,504 727,921
Prepayments and accrued income 35,753 43,492
Other debtors 763,682 897,708
Total 1,736,939 1,669,121

AMBERSIDE ADVISORS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 17 months to 31 March 2023
£ £
Trade creditors 70,992
Taxation and social security 321,888 74,210
Accruals and deferred income 380,516 218,967
Other creditors 18,977 39,865
Total 721,381 404,034