REGISTERED NUMBER: 11582617 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 DECEMBER 2024

FOR

ADDVERT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M C B Bird

W J Owen

P Thakar

REGISTERED OFFICE:

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

REGISTERED NUMBER:

11582617 (England and Wales)

ACCOUNTANTS:

Rawlinson Pryde Limited

Chartered Accountants

Argent House

5 Goldington Road

Bedford

Bedfordshire

MK40 3JY

FIXED ASSETS

Tangible assets

4

2,871

6,690

CURRENT ASSETS

Debtors

5

15,907

17,961

Investments

6

7,699

-

Cash at bank

11,178

15,947

34,784

33,908

CREDITORS

Amounts falling due within one year

7

33,336

27,653

NET CURRENT ASSETS

1,448

6,255

TOTAL ASSETS LESS CURRENT LIABILITIES

4,319

12,945

PROVISIONS FOR LIABILITIES

8

(546

)

(1,275

)

ACCRUALS AND DEFERRED INCOME

(1,500

)

(2,500

)

NET ASSETS

2,273

9,170

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

2,173

9,070

2,273

9,170

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 December 2024 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 22 September 2025 and were signed on its behalf by:

M C B Bird - Director

W J Owen - Director

1.	STATUTORY INFORMATION

Addvert 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Financial instruments

Financial instruments are classified and accounted for according to the substance of the contractual arrangement, as either financial assets or financial liabilities.

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in profit or loss in other administrative expenses.

Prepayments are valued at the amount prepaid net of any trade discounts due. Accrued income and tax recoverable is included at the best estimate of the amounts receivable at the balance sheet date.

Creditors and provisions are recognised when the company has a legal or constructive obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle the obligation and the amount of the obligation can be reliably measured. Provisions are recognised at the best estimate of the amount required to settle the obligation at the reporting date.

Loans and borrowings are initially recognised at the transaction price including costs. Subsequently, they are measured at amortised cost using the effective interest method, less impairment. If an arrangement constitutes a financing transaction it is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. The present value of a financial asset or financial liability that is repayable on demand is equal to the undiscounted cash amount expect to be pair or received.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Assets and liabilities in cryptoassets are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in cryptoassets are translated into sterling at the rate of exchange ruling at the date of transaction.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Investments

Investments comprises of cryptoassets and are valued at their market value at the balance sheet date. Any changes in their fair value are recognised in the profit and loss account for the period.

Impairment

Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying amount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impairment loss is a revaluation decrease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 31 December 2023

and 30 December 2024

16,318

DEPRECIATION

At 31 December 2023

9,628

Charge for year

3,819

At 30 December 2024

13,447

NET BOOK VALUE

At 30 December 2024

2,871

At 30 December 2023

6,690

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.12.24

30.12.23

£

£

Trade debtors

11,964

8,700

Other debtors

-

5,216

Directors' current accounts

3,943

4,045

15,907

17,961

6.	CURRENT ASSET INVESTMENTS

30.12.24

30.12.23

£

£

Unlisted investments

7,699

-

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.12.24

30.12.23

£

£

Trade creditors

4,500

3,333

Amounts owed to associates

-

5,875

Tax

16,527

4,345

Social security and other taxes

689

-

VAT

6,565

6,087

Other creditors

-

3,500

Directors' current accounts

5,055

4,513

33,336

27,653

8.	PROVISIONS FOR LIABILITIES

30.12.24

30.12.23

£

£

Deferred tax

546

1,275

Deferred

tax

£

Balance at 31 December 2023

1,275

Accelerated capital allowances

(729

)

Balance at 30 December 2024

546

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 December 2024 and the period ended 30 December 2023:

30.12.24

30.12.23

£

£

M C B Bird

Balance outstanding at start of year

4,045

-

Amounts advanced

-

4,045

Amounts repaid

(102

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

3,943

4,045

The directors loan account is unsecured and repayable on demand. There have been various transactions with the director during the year in the form of a director's current account. Information disclosed is therefore given in an aggregated form. The overdrawn amount was repaid within 9 months of the year end.