b-advised Limited Filleted Accounts Cover
b-advised Limited
Company No. 06752417
Information for Filing with The Registrar
05 April 2024
b-advised Limited Directors Report Registrar
The Directors present their report and the accounts for the year ended 5 April 2024.
Principal activities
The principal activity of the company during the year under review was that of financial advisors.
Directors
The Directors who served at any time during the year were as follows:
C.J. Forster
D.A. Thompson
The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.
Signed on behalf of the board
D.A. Thompson
Company Secretary
18 December 2024
b-advised Limited Balance Sheet Registrar
at
5 April 2024
Company No.
06752417
Notes
2024
2023
£
£
Fixed assets
Tangible assets
4
9,9899,895
Investments
5
78,22178,361
88,21088,256
Current assets
Debtors
6
63,42863,428
Cash at bank and in hand
46,52637,012
109,954100,440
Creditors: Amount falling due within one year
7
(19,417)
(24,713)
Net current assets
90,53775,727
Total assets less current liabilities
178,747163,983
Creditors: Amounts falling due after more than one year
8
(19,933)
(29,133)
Net assets
158,814134,850
Capital and reserves
Called up share capital
22
Profit and loss account
10
158,812134,848
Total equity
158,814134,850
These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.
For the year ended 5 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.
Approved by the board on 18 December 2024 and signed on its behalf by:
D.A. Thompson
Director
18 December 2024
b-advised Limited Notes to the Accounts Registrar
for the year ended 5 April 2024
1
General information
b-advised Limited is a private company limited by shares and incorporated in England and Wales.
Its registered number is: 06752417
Its registered office is:
Metropolitan House
Longrigg
Swalwell
Gateshead
NE16 3AS
The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
2
Accounting policies
Turnover
Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.
Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Investments
Unlisted investments (except those held as subsidiaries, associates or joint ventures) are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, any changes in fair value are recognised in profit and loss.
Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.
Trade and other creditors
Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.
Defined contribution pensions
The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payments obligations.
The contributions are recognised as expenses when they fall due. Amounts not paid are shown in accruals in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.
Provisions
Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.

Provisions are charged as an expense to the profit and loss account in the year that the Company becomes aware of the obligation, and are measured at the best estimate at balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.

When payments are eventually made, they are charged to the provision carried in the balance sheet.
3
Employees
2024
2023
Number
Number
The average monthly number of employees (including directors) during the year was:
44
4
Tangible fixed assets
Fixtures, fittings and equipment
Total
£
£
Cost or revaluation
At 6 April 2023
12,88212,882
Additions
9494
At 5 April 2024
12,97612,976
Depreciation
At 6 April 2023
2,9872,987
At 5 April 2024
2,9872,987
Net book values
At 5 April 2024
9,9899,989
At 5 April 2023
9,895
9,895
5
Investments
Other investments
Total
£
£
Cost or valuation
At 6 April 2023
78,361
78,361
Revaluation
(140)
(140)
At 5 April 2024
78,221
78,221
Provisions/Impairment
Net book values
At 5 April 2024
78,221
78,221
At 5 April 2023
78,361
78,361
6
Debtors
2024
2023
£
£
Amounts owed by group undertakings
63,42863,428
63,42863,428
7
Creditors:
amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
(3)
892
Trade creditors
360360
Taxes and social security
21,181
15,556
Loans from directors
(2,717)
7,310
Accruals and deferred income
596595
19,41724,713
8
Creditors:
amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
19,93329,133
19,93329,133
9
Share Capital
2 Ordinary shares of £1 each
10
Reserves
Profit and loss account - includes all current and prior period retained profits and losses.
11
Dividends
2024
2023
£
£
Dividends for the period:
Dividends paid in the period
51,800
42,000
51,800
42,000
Dividends by type:
Equity dividends
51,80042,000
51,800
42,000
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