Silverfin false false 31/03/2025 01/04/2024 31/03/2025 I Beecroft 30/06/2025 01/04/2022 Sir M Lockett 28/07/2009 C Van Grutten 23/08/2019 C Wilkins 31/08/2025 23/08/2019 14 November 2025 The principal activity of the Company during the financial year was the provision of consultancy services. 06844972 2025-03-31 06844972 bus:Director1 2025-03-31 06844972 bus:Director2 2025-03-31 06844972 bus:Director3 2025-03-31 06844972 bus:Director4 2025-03-31 06844972 2024-03-31 06844972 core:CurrentFinancialInstruments 2025-03-31 06844972 core:CurrentFinancialInstruments 2024-03-31 06844972 core:ShareCapital 2025-03-31 06844972 core:ShareCapital 2024-03-31 06844972 core:RetainedEarningsAccumulatedLosses 2025-03-31 06844972 core:RetainedEarningsAccumulatedLosses 2024-03-31 06844972 core:OtherPropertyPlantEquipment 2024-03-31 06844972 core:OtherPropertyPlantEquipment 2025-03-31 06844972 core:CostValuation 2024-03-31 06844972 core:CostValuation 2025-03-31 06844972 2024-04-01 2025-03-31 06844972 bus:FilletedAccounts 2024-04-01 2025-03-31 06844972 bus:SmallEntities 2024-04-01 2025-03-31 06844972 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 06844972 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 06844972 bus:Director1 2024-04-01 2025-03-31 06844972 bus:Director2 2024-04-01 2025-03-31 06844972 bus:Director3 2024-04-01 2025-03-31 06844972 bus:Director4 2024-04-01 2025-03-31 06844972 core:OtherPropertyPlantEquipment core:TopRangeValue 2024-04-01 2025-03-31 06844972 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure

Company No: 06844972 (England and Wales)

# AUDLEY LTD

### Unaudited Financial Statements
For the financial year ended 31 March 2025
Pages for filing with the registrar

AUDLEY LTD

## Unaudited Financial Statements

For the financial year ended 31 March 2025

Contents

AUDLEY LTD

## BALANCE SHEET

As at 31 March 2025
AUDLEY LTD

## BALANCE SHEET (continued)

As at 31 March 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Investments | 4 | 26 |  | 26
|  | 26 |  | 26
Current assets |  |  |  |
Debtors | 5 | 665,420 |  | 855,984
Cash at bank and in hand |  | 439,013 |  | 110,187
|  | 1,104,433 |  | 966,171
Creditors: amounts falling due within one year | 6 | ( 596,927) |  | ( 352,538)
Net current assets |  | 507,506 |  | 613,633
Total assets less current liabilities |  | 507,532 |  | 613,659
Net assets |  | 507,532 |  | 613,659
Capital and reserves |  |  |  |
Called-up share capital |  | 125 |  | 125
Profit and loss account |  | 507,407 |  | 613,534
Total shareholders' funds |  | 507,532 |  | 613,659

For the financial year ending 31 March 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 financial year in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Audley Ltd (registered number: 06844972) were approved and authorised for issue by the Board of Directors on 14 November 2025. They were signed on its behalf by:

Sir M Lockett Director |

AUDLEY LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025
AUDLEY LTD

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 March 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

Audley Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 114 St Martin's Lane, London, WC2N 4BE, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Foreign currency

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

##### Turnover

Turnover comprises the fair value of the consideration received or receivable for the provision of consultancy services and is recognised in the period that the services are provided. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Employee benefits

Defined contribution schemes
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid, the company has no further payments obligations.
The contributions are recognised as an expense in the profit and loss account when they fall due. Amounts not paid are shown in other creditors as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc. | 1 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### 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.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

##### 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. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a financing transaction it is measured at X. Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

##### Ordinary share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

##### Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

#####

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 10 |  | 11

#### 3. Tangible assets

| Plant and machinery etc. |  | Total
| £ |  | £
Cost |  |  |
At 01 April 2024 | 2,635 |  | 2,635
At 31 March 2025 | 2,635 |  | 2,635
Accumulated depreciation |  |  |
At 01 April 2024 | 2,635 |  | 2,635
At 31 March 2025 | 2,635 |  | 2,635
Net book value |  |  |
At 31 March 2025 | 0 |  | 0
At 31 March 2024 | 0 |  | 0

#### 4. Fixed asset investments

| Other investments |  | Total
| £ |  | £
Cost or valuation before impairment |  |  |
At 01 April 2024 | 26 |  | 26
At 31 March 2025 | 26 |  | 26
Carrying value at 31 March 2025 | 26 |  | 26
Carrying value at 31 March 2024 | 26 |  | 26

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 496,669 |  | 720,077
Amounts owed by Group undertakings | 10,748 |  | 1,314
Other debtors | 158,003 |  | 134,593
| 665,420 |  | 855,984

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 366,202 |  | 182,775
Taxation and social security | 140,357 |  | 95,435
Other creditors | 90,368 |  | 74,328
| 596,927 |  | 352,538

#### 7. Financial commitments

Commitments

The total amount of financial commitments not included in the balance sheet is £360,863 (2024: £534,077). The financial commitments relate to the company's lease of the business premises.