BrightAccountsProduction v1.0.0 v1.0.0 2024-04-01 The company was not dormant during the period The company was trading for the entire period Unaudited Accounts The principal activity of the company is management consultancy activities other than financial management. 4 June 2025 1 1 NI071642 2025-03-31 NI071642 2024-03-31 NI071642 2023-03-31 NI071642 2024-04-01 2025-03-31 NI071642 2023-04-01 2024-03-31 NI071642 uk-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 NI071642 uk-curr:PoundSterling 2024-04-01 2025-03-31 NI071642 uk-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 NI071642 uk-bus:FullAccounts 2024-04-01 2025-03-31 NI071642 uk-bus:Director1 2024-04-01 2025-03-31 NI071642 uk-bus:CompanySecretary1 2024-04-01 2025-03-31 NI071642 uk-bus:RegisteredOffice 2024-04-01 2025-03-31 NI071642 uk-bus:Agent1 2024-04-01 2025-03-31 NI071642 uk-core:ShareCapital 2025-03-31 NI071642 uk-core:ShareCapital 2024-03-31 NI071642 uk-core:RetainedEarningsAccumulatedLosses 2025-03-31 NI071642 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 NI071642 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2025-03-31 NI071642 uk-core:TotalEquityAttributableToOwnersParentBeforeNon-controllingInterests 2024-03-31 NI071642 uk-bus:FRS102 2024-04-01 2025-03-31 NI071642 uk-core:FurnitureFittingsToolsEquipment 2024-04-01 2025-03-31 NI071642 uk-core:CurrentFinancialInstruments 2025-03-31 NI071642 uk-core:CurrentFinancialInstruments 2024-03-31 NI071642 uk-core:CurrentFinancialInstruments 2025-03-31 NI071642 uk-core:CurrentFinancialInstruments 2024-03-31 NI071642 uk-core:WithinOneYear 2025-03-31 NI071642 uk-core:WithinOneYear 2024-03-31 NI071642 2024-04-01 2025-03-31 NI071642 uk-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 xbrli:pure iso4217:GBP xbrli:shares
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Company Registration Number: NI071642
 
 
Johnston Advisors Limited
 
Unaudited Financial Statements
 
for the financial year ended 31 March 2025
Johnston Advisors Limited
DIRECTOR AND OTHER INFORMATION

 
Director Paul Johnston
 
 
Company Secretary Suzanne Johnston
 
 
Company Registration Number NI071642
 
 
Registered Office and Business Address 33 Maynooth Road
Richhill
Armagh
BT61 9RG
Northern Ireland
 
 
Accountants MG accountants
(Portadown)
25-27 Carleton Street
Portadown
BT623EP
 
 
Bankers HSBC
  25-26 Meadow Lane
  Portadown
  Armagh
  BT62 3NJ
  Northern Ireland



Johnston Advisors Limited
Company Registration Number: NI071642
BALANCE SHEET
as at 31 March 2025

2025 2024
Notes £ £
 
Fixed Assets
Tangible assets 4 1,034 374
───────── ─────────
 
Current Assets
Debtors 5 1,074,938 875,505
Cash at bank and in hand 46,412 49,635
───────── ─────────
1,121,350 925,140
───────── ─────────
Creditors: amounts falling due within one year 6 (185,236) (184,100)
───────── ─────────
Net Current Assets 936,114 741,040
───────── ─────────
Total Assets less Current Liabilities 937,148 741,414
═════════ ═════════
 
Capital and Reserves
Called up share capital 4 4
Retained earnings 937,144 741,410
───────── ─────────
Shareholders' Funds 937,148 741,414
═════════ ═════════
 
The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A (Small Entities).
           
The company has taken advantage of the exemption under section 444 not to file the Profit and Loss Account and Director's Report.
           
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
           
The director confirms that the members have not required the company to obtain an audit of its financial statements for the financial year in question in accordance with section 476 of the Companies Act 2006.
           
The director acknowledges his responsibilities for ensuring that the company keeps accounting records which comply with section 386 and for preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of the financial year and of its profit and loss for the 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.
           
Approved by the Director and authorised for issue on 4 June 2025
           
           
________________________________          
Paul Johnston          
Director          
           



Johnston Advisors Limited
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2025

   
1. General Information
 
Johnston Advisors Limited is a company limited by shares incorporated and registered in Northern Ireland. The registered number of the company is NI071642. The registered office of the company is 33 Maynooth Road, Richhill, Armagh, BT61 9RG, Northern Ireland which is also the principal place of business of the company. The principal activity of the company is management consultancy activities other than financial management. The financial statements have been presented in Pound (£) which is also the functional currency of the company.
         
2. Summary of Significant Accounting Policies
 
The following accounting policies have been applied consistently in dealing with items which are considered material in relation to the company's financial statements.
 
Statement of compliance
The financial statements of the company for the financial year ended 31 March 2025 have been prepared in accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
 
Basis of preparation
The financial statements have been prepared on the going concern basis and in accordance with the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.
 
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.
 
Tangible assets and depreciation
Tangible assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible assets, less their estimated residual value, over their expected useful lives as follows:
 
  Fixtures, fittings and equipment - 15% Straight line
 
The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.
 
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 except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.
 
Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.
 
Employee benefits
The company operates a defined contribution pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The company also operates a defined benefit pension scheme for its employees providing benefits based on final pensionable pay. The assets of this scheme are also held separately from those of the company, being invested with pension fund managers.
 
Foreign currencies
Monetary assets and liabilities denominated in foreign currencies are translated at the rates of exchange ruling at the Balance Sheet date. Non-monetary items that are measured in terms of historical cost in a foreign currency are translated at the rates of exchange ruling at the date of the transaction. Non-monetary items that are measured at fair value in a foreign currency are translated using the exchange rates at the date when the fair value was determined. The resulting exchange differences are dealt with in the Profit and Loss Account.
 
Ordinary share capital
The ordinary share capital of the company is presented as equity.
       
3. Employees
 
The average monthly number of employees, including director, during the financial year was 1, (2024 - 1).
 
  2025 2024
  Number Number
 
Director 1 1
  ═════════ ═════════
       
4. Tangible assets
  Fixtures, Total
  fittings and  
  equipment  
  £ £
Cost
At 1 April 2024 6,721 6,721
Additions 1,047 1,047
  ───────── ─────────
At 31 March 2025 7,768 7,768
  ───────── ─────────
Depreciation
At 1 April 2024 6,347 6,347
Charge for the financial year 387 387
  ───────── ─────────
At 31 March 2025 6,734 6,734
  ───────── ─────────
Net book value
At 31 March 2025 1,034 1,034
  ═════════ ═════════
At 31 March 2024 374 374
  ═════════ ═════════
       
5. Debtors 2025 2024
  £ £
 
Trade debtors 40,406 26,820
Amounts owed by group undertakings 991,356 810,247
Other debtors 43,176 38,438
  ───────── ─────────
  1,074,938 875,505
  ═════════ ═════════
       
6. Creditors 2025 2024
Amounts falling due within one year £ £
 
Trade creditors 1,814 129
Taxation  (Note 7) 93,206 93,843
Director's current account 85,523 85,548
Accruals 4,693 4,580
  ───────── ─────────
  185,236 184,100
  ═════════ ═════════
       
7. Taxation 2025 2024
  £ £
 
Creditors:
VAT 11,124 12,681
Corporation tax 82,082 81,162
  ───────── ─────────
  93,206 93,843
  ═════════ ═════════
       
8. Capital commitments
 
The company had no material capital commitments at the financial year-ended 31 March 2025.
   
9. Post-Balance Sheet Events
 
There have been no significant events affecting the company since the financial year-end.