Emily Yell Advisory Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 12627145

Emily Yell Advisory Limited

Filleted Unaudited Financial Statements

For the year ended

31 May 2025

Emily Yell Advisory Limited

Financial Statements

Year ended 31 May 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

Emily Yell Advisory Limited

Statement of Financial Position

31 May 2025

	2025	2024
Note	£	£

Fixed assets

Tangible assets	5	22,182	28,206

Current assets

Debtors	6	36,839	74,160
Cash at bank and in hand		130,402	93,580
		---------	---------
		167,241	167,740

Creditors: amounts falling due within one year	7	34,864	35,933
		---------	---------
Net current assets		132,377	131,807
		---------	---------
Total assets less current liabilities		154,559	160,013

Provisions	5,546	7,051
	---------	---------
Net assets	149,013	152,962
	---------	---------

Capital and reserves

Called up share capital	100	100
Profit and loss account	148,913	152,862
	---------	---------
Shareholders funds	149,013	152,962
	---------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Emily Yell Advisory Limited

Statement of Financial Position (continued)

31 May 2025

These financial statements were approved by the board of directors and authorised for issue on 7 October 2025 , and are signed on behalf of the board by:

E C Yell
Director

Company registration number: 12627145

Emily Yell Advisory Limited

Notes to the Financial Statements

Year ended 31 May 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 7 Acacia Grove, Berkhamsted, HP4 3AJ.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. 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.

Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Fixtures and fittings	-	25% reducing balance
Motor vehicles	-	25% reducing balance
Equipment	-	33% straight line

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Fixtures and fittings	Motor vehicles	Equipment	Total
	£	£	£	£
Cost
At 1 June 2024	6,330	36,193	3,840	46,363
Additions	947	–	329	1,276
	-------	--------	-------	--------
At 31 May 2025	7,277	36,193	4,169	47,639
	-------	--------	-------	--------
Depreciation
At 1 June 2024	3,007	11,310	3,840	18,157
Charge for the year	988	6,221	91	7,300
	-------	--------	-------	--------
At 31 May 2025	3,995	17,531	3,931	25,457
	-------	--------	-------	--------
Carrying amount
At 31 May 2025	3,282	18,662	238	22,182
	-------	--------	-------	--------
At 31 May 2024	3,323	24,883	–	28,206
	-------	--------	-------	--------

6. Debtors

	2025	2024
	£	£
Trade debtors	14,993	64,490
Other debtors	21,846	9,670
	--------	--------
	36,839	74,160
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Social security and other taxes	23,796	31,962
Other creditors	11,068	3,971
	--------	--------
	34,864	35,933
	--------	--------

8. Deferred tax

The deferred tax included in the statement of financial position is as follows:

	2025	2024
	£	£
Included in provisions	5,546	7,051
	-------	-------

The deferred tax account consists of the tax effect of timing differences in respect of:

	2025	2024
	£	£
Accelerated capital allowances	5,546	7,051
	-------	-------