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REGISTERED NUMBER: 14024343 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

ADVICE HOLDINGS LIMITED

ADVICE HOLDINGS LIMITED (REGISTERED NUMBER: 14024343)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


ADVICE HOLDINGS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2025







DIRECTORS: Mr F Varady





REGISTERED OFFICE: Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN





REGISTERED NUMBER: 14024343 (England and Wales)





ACCOUNTANTS: Richardson Jones
Chartered Accountants
Mercury House
19-21 Chapel Street
Marlow
Buckinghamshire
SL7 3HN

ADVICE HOLDINGS LIMITED (REGISTERED NUMBER: 14024343)

BALANCE SHEET
31ST MARCH 2025

31.3.25 31.3.24
Notes £ £ £
FIXED ASSETS
Intangible assets 4 1,195,200 2,419,200
Tangible assets 5 - -
Investments 6 7,100 7,100
1,202,300 2,426,300

CURRENT ASSETS
Cash at bank 8,710 1,758

CREDITORS
Amounts falling due within one year 7 476,114 494,002
NET CURRENT LIABILITIES (467,404 ) (492,244 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

734,896

1,934,056

CREDITORS
Amounts falling due after more than one
year

8

506,562

1,849,562
NET ASSETS 228,334 84,494

CAPITAL AND RESERVES
Called up share capital 7,100 7,100
Retained earnings 221,234 77,394
SHAREHOLDERS' FUNDS 228,334 84,494

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28th May 2025 and were signed on its behalf by:




Mr F Varady - Director


ADVICE HOLDINGS LIMITED (REGISTERED NUMBER: 14024343)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST MARCH 2025

1. STATUTORY INFORMATION

Advice Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 as modified by the revaluation of certain assets.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Computer equipment - 33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST OR VALUATION
At 1st April 2024 3,024,000
Revaluations (1,024,000 )
At 31st March 2025 2,000,000
AMORTISATION
At 1st April 2024 604,800
Charge for year 200,000
At 31st March 2025 804,800
NET BOOK VALUE
At 31st March 2025 1,195,200
At 31st March 2024 2,419,200

ADVICE HOLDINGS LIMITED (REGISTERED NUMBER: 14024343)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

4. INTANGIBLE FIXED ASSETS - continued

Cost or valuation at 31st March 2025 is represented by:

Goodwill
£
Valuation in 2022 3,024,000
Valuation in 2024 (1,024,000 )
2,000,000

5. TANGIBLE FIXED ASSETS
Computer
equipment
£
COST
At 1st April 2024
and 31st March 2025 1,125
DEPRECIATION
At 1st April 2024
and 31st March 2025 1,125
NET BOOK VALUE
At 31st March 2025 -
At 31st March 2024 -

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£
COST
At 1st April 2024
and 31st March 2025 7,100
NET BOOK VALUE
At 31st March 2025 7,100
At 31st March 2024 7,100

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£ £
Other loans 360,000 360,000
Tax 114,614 132,502
Accrued expenses 1,500 1,500
476,114 494,002

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.3.25 31.3.24
£ £
Other loans - 1-2 years 360,000 360,000
Other loans - 2-5 years 146,562 1,080,000
Other loans more 5yrs instal - 409,562
506,562 1,849,562

ADVICE HOLDINGS LIMITED (REGISTERED NUMBER: 14024343)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 2025

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued
31.3.25 31.3.24
£ £
Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal - 409,562