1 May 2024 v2025.36.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP110080042024-05-012025-04-30110080042025-04-30110080042024-04-3011008004core:WithinOneYear2025-04-3011008004core:WithinOneYear2024-04-3011008004core:AfterOneYear2025-04-3011008004core:AfterOneYear2024-04-3011008004core:ShareCapital2025-04-3011008004core:ShareCapital2024-04-3011008004core:RetainedEarningsAccumulatedLosses2025-04-3011008004core:RetainedEarningsAccumulatedLosses2024-04-3011008004bus:Director12024-05-012025-04-3011008004bus:RegisteredOffice2024-05-012025-04-3011008004core:OtherResidualIntangibleAssets2024-05-012025-04-3011008004core:OfficeEquipment2024-05-012025-04-30110080042023-05-012024-04-3011008004core:IntangibleAssetsOtherThanGoodwill2024-05-0111008004core:IntangibleAssetsOtherThanGoodwill2024-05-012025-04-3011008004core:IntangibleAssetsOtherThanGoodwill2025-04-3011008004core:IntangibleAssetsOtherThanGoodwill2024-04-3011008004core:PlantMachinery2024-05-0111008004core:PlantMachinery2024-05-012025-04-3011008004core:PlantMachinery2025-04-3011008004core:PlantMachinery2024-04-3011008004core:AdditionsToInvestments2025-04-3011008004core:CostValuation2025-04-301100800412024-05-012025-04-3011008004countries:EnglandWales2024-05-012025-04-3011008004bus:AuditExemptWithAccountantsReport2024-05-012025-04-3011008004bus:PrivateLimitedCompanyLtd2024-05-012025-04-3011008004bus:SmallEntities2024-05-012025-04-3011008004bus:FullAccounts2024-05-012025-04-30
Company registration number:
11008004
Just Advice Solutions Limited
Unaudited Filleted Financial Statements for the year ended
30 April 2025
Just Advice Solutions Limited
Statement of Financial Position
30 April 2025
20252024
Note££
Fixed assets    
Intangible assets 5
149,654
 
150,238
 
Tangible assets 6
4,385
 
1,224
 
Investments 7
10,000
  -  
164,039
 
151,462
 
Current assets    
Debtors 8
350,934
 
453,790
 
Cash at bank and in hand
495,001
 
397,023
 
845,935
 
850,813
 
Creditors: amounts falling due within one year 9
(180,881
)
(32,801
)
Net current assets
665,054
 
818,012
 
Total assets less current liabilities 829,093   969,474  
Creditors: amounts falling due after more than one year 10
(589,655
)
(745,066
)
Net assets
239,438
 
224,408
 
Capital and reserves    
Called up share capital
8,180
 
5,000
 
Profit and loss account
231,258
 
219,408
 
Shareholders funds
239,438
 
224,408
 
For the year ending
30 April 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
12 June 2025
, and are signed on behalf of the board by:
Mr Steve Anderson
Director
Company registration number:
11008004
Just Advice Solutions Limited
Notes to the Financial Statements
Year ended
30 April 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Suite 133
,
80 Churchill Square
,
West Malling
,
Kent
,
ME19 4YU
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

Intangible assets

Intangible assets are initially measured at cost and are subsequently measured at cost less any accumulated amortisation and accumulated impairment losses or at a revalued amount. However, Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Any intangible assets carried at a revalued amount are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.
An increase in the carrying amount of an asset as a result of a revaluation is recognised in other comprehensive income and accumulated in capital and reserves. However, the increase is recognised in profit or loss to the extent that it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves. If a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess is recognised in profit or loss.
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Other intangible assets
15% straight line

Research and development

Research expenditure is written off in the period in which it is incurred. Development expenditure incurred is capitalised as an intangible asset only when It is technically feasible to complete the intangible asset so that it will be available for use or sale; there is the intention to complete the intangible asset and use or sell it; there is the ability to use or sell the intangible asset; the use or sale of the intangible asset will generate probable future economic benefits; there are adequate technical, financial and other resources available to complete the development and to use or sell the intangible asset; and the expenditure attributable to the intangible asset during its development can be measured reliably. Expenditure that does not meet the above criteria is expensed as incurred.

Tangible assets

Tangible assets are initially measured at cost, and are subsequently measured at cost less any accumulated depreciation and accumulated impairment losses or at a revalued amount.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Office equipment
33% straight line

Fixed asset investments

Investments in subsidiaries, associates and joint ventures accounted for in accordance with the cost model are recorded at cost less any accumulated impairment losses.
Investments in subsidiaries, associates and joint ventures accounted for in accordance with the fair value model are initially recorded at the transaction price. At each reporting date, the investments are measured at fair value, with changes in fair value recognised in other comprehensive income or profit or loss. Where it is impracticable to measure fair value reliably without undue cost or effort, the cost model will be adopted.
Dividends and other distributions received from the investment are recognised as income without regard to whether the distributions are from accumulated profits of the associate arising before or after the date of acquisition.
Other fixed asset investments which are listed are measured at fair value with changes in fair value being recognised in profit or loss.
All other Investments held as fixed assets are initially recorded at cost, and are subsequently stated at cost less any accumulated impairment losses.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities such as trade and other debtors and creditors, loans from banks and other third parties and loans to related parties.

Defined contribution pension plan

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4 Average number of employees

The average number of persons employed by the company during the year was
6
(2024:
4
).

5 Intangible assets

Other intangible assets
£
Cost  
At
1 May 2024
258,265
 
Additions
44,726
 
At
30 April 2025
302,991
 
Amortisation  
At
1 May 2024
108,027
 
Charge
45,310
 
At
30 April 2025
153,337
 
Carrying amount  
At
30 April 2025
149,654
 
At 30 April 2024
150,238
 

6 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 May 2024
8,477
 
Additions
4,266
 
At
30 April 2025
12,743
 
Depreciation  
At
1 May 2024
7,253
 
Charge
1,105
 
At
30 April 2025
8,358
 
Carrying amount  
At
30 April 2025
4,385
 
At 30 April 2024
1,224
 

7 Investments

Shares in group undertakings and participating interests
£
Cost  
At
1 May 2024
-  
Additions
10,000
 
At
30 April 2025
10,000
 
Impairment  
At
1 May 2024
and
30 April 2025
-  
Carrying amount  
At
30 April 2025
10,000
 
At 30 April 2024 -  

8 Debtors

20252024
££
Trade debtors
246,679
 
282,317
 
Other debtors
104,255
 
171,473
 
350,934
 
453,790
 

9 Creditors: amounts falling due within one year

20252024
££
Bank loans and overdrafts
4,365
  -  
Taxation and social security
33,801
 
(18,089
)
Other creditors
142,715
 
50,890
 
180,881
 
32,801
 

10 Creditors: amounts falling due after more than one year

20252024
££
Bank loans and overdrafts -  
8,815
 
Other creditors
589,655
 
736,251
 
589,655
 
745,066
 

11 Share capital

During the year, the company had ordinary share capital (£1 per share) of £8,180 Allotted, called up and fully paid (2024: £5,000).