Advice Cloud Limited

	Page
Accountant's Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the director on the preparation of the unaudited statutory accounts of Advice Cloud Limited for the year ended 30 April 2025

To assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the accounts of Advice Cloud Limited which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the director of Advice Cloud Limited , as a body, in accordance with the terms of our engagement letter dated 21 March 2019. Our work has been undertaken solely to prepare for your approval the accounts of Advice Cloud Limited and state those matters that we have agreed to state to the director of Advice Cloud Limited , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Advice Cloud Limited and its director as a body for our work or for this report.

It is your duty to ensure that Advice Cloud Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Advice Cloud Limited . You consider that Advice Cloud Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Advice Cloud Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

2 September 2025

Craker Business Solutions LTD

Certified Chartered Accountants

4 Spur Road

Cosham

Portsmouth

PO6 3EB

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Advice Cloud Limited

Balance Sheet

As At 30 April 2025

Balance Sheet

Registered number: 05776223

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		12,657		18,959
Tangible Assets	5		6,185		5,536

			18,842		24,495
CURRENT ASSETS
Debtors	6	337,259		207,328
Cash at bank and in hand		227,536		437,369

		564,795		644,697
Creditors: Amounts Falling Due Within One Year	7	(383,908 )		(397,282 )

NET CURRENT ASSETS (LIABILITIES)			180,887		247,415

TOTAL ASSETS LESS CURRENT LIABILITIES			199,729		271,910

Creditors: Amounts Falling Due After More Than One Year	8		-		(130,133 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,710 )		(1,384 )

NET ASSETS			195,019		140,393

CAPITAL AND RESERVES
Called up share capital	9		143		143
Profit and Loss Account			194,876		140,250

SHAREHOLDERS' FUNDS			195,019		140,393

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Advice Cloud Limited

Balance Sheet (continued)

As At 30 April 2025

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.

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

The director acknowledges his 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Christopher Farthing

Director

2 September 2025

The notes on pages 4 to 6 form part of these financial statements.

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Advice Cloud Limited

Notes to the Financial Statements

For The Year Ended 30 April 2025

Notes to the Financial Statements

1. General Information

Advice Cloud Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05776223 . The registered office is 15-17 Middle Street, Brighton, East Sussex, BN1 1AL.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Other intangible assets are computer software and websites. They are amortised to the profit and loss account over there estimated economic life of 5 years.

2.4. Intangible Fixed Assets and Amortisation - Intellectual Property

The Intellectual property asset is a trademark. It is amortised to the profit and loss account over its estimated economic life of 20 years.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% Straight line
Computer Equipment	33.3% Straight line

2.6. 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 statement of comprehensive income because of items of income or expense that are taxable or deductible in other year 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.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

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Advice Cloud Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

3. Average Number of Employees

Average number of employees, including directors, during the year was: 12 (2024: 11)

4. Intangible Assets

	Other	Intellectual Property	Total
	£	£	£
Cost
As at 1 May 2024	52,075	170	52,245
Disposals	(27,375 )	(170 )	(27,545 )

As at 30 April 2025	24,700	-	24,700

Amortisation
As at 1 May 2024	33,253	33	33,286
Provided during the period	4,940	8	4,948
Disposals	(26,150 )	(41 )	(26,191 )

As at 30 April 2025	12,043	-	12,043

Net Book Value
As at 30 April 2025	12,657	-	12,657

As at 1 May 2024	18,822	137	18,959

5. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 May 2024	4,181	28,917	33,098
Additions	408	4,511	4,919
Disposals	(2,951 )	(10,258 )	(13,209 )

As at 30 April 2025	1,638	23,170	24,808

Depreciation
As at 1 May 2024	3,380	24,182	27,562
Provided during the period	371	3,899	4,270
Disposals	(2,951 )	(10,258 )	(13,209 )

As at 30 April 2025	800	17,823	18,623

Net Book Value
As at 30 April 2025	838	5,347	6,185

As at 1 May 2024	801	4,735	5,536

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Advice Cloud Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	274,297	186,840
Prepayments and accrued income	13,661	19,609
Other debtors	40	40
Director's loan account	49,261	839

	337,259	207,328

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	24,304	18,496
Bank loans and overdrafts	129,090	114,774
Corporation tax	71,009	88,308
Other taxes and social security	8,965	8,678
VAT	96,270	106,221
Other creditors	2,108	6,707
Accruals and deferred income	52,162	54,098

	383,908	397,282

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	130,133

9. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.000 each	100	100
43 Ordinary A shares of £ 1.000 each	43	43

	143	143

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 May 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 April 2025
	£	£	£	£	£
Mr Christopher Farthing	838	237,703	189,281	-	49,260

The above loan is unsecured, interest was charged at 2.25% per annum and repayable on demand.

11. EMI Scheme - Equity-settled share-based scheme

In May 2022 there was a granting of 12 Equity Options valued at £3,297.4614408602 each exercise price, totalling £39,569.54. These options vest immediately and then only exercise at the point of sale or in 10 years from grant.

This scheme is to be expensed to the profit and loss account over 10 years, total expense for Year Ending 30.04.25 is £3,956.95, carrying amount to be expensed £27,698.69.

...CONTINUED

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Advice Cloud Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 April 2025

To achieve a fair value measurement of the Company for valuation purposes the average of the following three methodologies were used - Net Asset Basis, Earnings Basis and Gross Profit Basis.

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