Company registration number 12878863 (England and Wales)
CORTUS ADVISORY GROUP LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
CORTUS ADVISORY GROUP LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Statement of changes in equity
3
Notes to the financial statements
4 - 7
CORTUS ADVISORY GROUP LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
27,199
18,010
Investments
4
203
-
0
27,402
18,010
Current assets
Debtors
5
376,180
209,439
Cash at bank and in hand
32,454
3,909
408,634
213,348
Creditors: amounts falling due within one year
6
(273,257)
(119,810)
Net current assets
135,377
93,538
Total assets less current liabilities
162,779
111,548
Provisions for liabilities
(4,304)
(1,459)
Net assets
158,475
110,089
Capital and reserves
Called up share capital
5,000
200
Share premium account
11,897
12,297
Profit and loss reserves
141,578
97,592
Total equity
158,475
110,089

The notes on pages 4 to 7 form part of these financial statements.

CORTUS ADVISORY GROUP LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2025
31 March 2025
- 2 -

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

T he 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 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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 20 November 2025 and are signed on its behalf by:
Mrs N Merritt
Director
Company registration number 12878863 (England and Wales)
CORTUS ADVISORY GROUP LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2025
- 3 -
Share capital
Share premium account
Profit and loss reserves
Total
Notes
£
£
£
£
Balance at 1 April 2023
200
12,297
129,523
142,020
Year ended 31 March 2024:
Loss and total comprehensive income
-
-
(31,931)
(31,931)
Balance at 31 March 2024
200
12,297
97,592
110,089
Year ended 31 March 2025:
Profit and total comprehensive income
-
-
113,986
113,986
Issue of share capital
4,400
-
0
-
4,400
Bonus issue of shares
400
-
0
-
0
400
Dividends
-
-
(70,000)
(70,000)
Other movements
-
(400)
-
(400)
Balance at 31 March 2025
5,000
11,897
141,578
158,475

The notes on pages 4 to 7 form part of these financial statements.

CORTUS ADVISORY GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
1
Accounting policies
Company information

Cortus Advisory Group Limited is a private company limited by shares incorporated in England and Wales. The registered office is Artis House, Fairways Office Park, Pittman Way, Fulwood, Preston, Lancashire, England, PR2 9LF.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the company as an individual entity and not about its group.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures and fittings
Straight line over 3 years
Computers
10% straight line and straight line over 3 years

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.

1.4
Fixed asset investments

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

An associate is an entity, being neither a subsidiary nor a joint venture, in which the company holds a long-term interest and where the company has significant influence. The company considers that it has significant influence where it has the power to participate in the financial and operating decisions of the associate.

CORTUS ADVISORY GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 5 -
1.5
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 current liabilities.

1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes 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 reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date 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 is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.7
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.8
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.9
Leases
As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

CORTUS ADVISORY GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 6 -
2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
5
4
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
29,717
Additions
20,355
At 31 March 2025
50,072
Depreciation and impairment
At 1 April 2024
11,707
Depreciation charged in the year
11,166
At 31 March 2025
22,873
Carrying amount
At 31 March 2025
27,199
At 31 March 2024
18,010
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
203
-
0
CORTUS ADVISORY GROUP LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
4
Fixed asset investments
(Continued)
- 7 -
Movements in fixed asset investments
Shares in subsidiaries
£
Cost or valuation
At 1 April 2024
-
Additions
203
At 31 March 2025
203
Carrying amount
At 31 March 2025
203
At 31 March 2024
-
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
49,118
30,209
Amounts owed by group undertakings
144,814
-
0
Amounts owed by associates
-
0
136,350
Other debtors
111,467
3,467
Prepayments and accrued income
70,781
39,413
376,180
209,439
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
73,148
28,289
Amounts owed to group undertakings
146,447
-
0
Taxation and social security
4,115
3,587
Other creditors
49,547
87,934
273,257
119,810
2025-03-31 2024-04-01 false false false 20 November 2025 CCH Software CCH Accounts Production 2025.200 The principal activity of the company continued to be the provision of marketing, administration and support services.
Mrs N Merritt Mr James Pieter Groot Mr John Hughes 12878863 2024-04-01 2025-03-31 12878863 2025-03-31 12878863 2024-03-31 12878863 core:OtherPropertyPlantEquipment 2025-03-31 12878863 core:OtherPropertyPlantEquipment 2024-03-31 12878863 core:ShareCapital 2025-03-31 12878863 core:ShareCapital 2024-03-31 12878863 core:SharePremium 2025-03-31 12878863 core:SharePremium 2024-03-31 12878863 core:RetainedEarningsAccumulatedLosses 2025-03-31 12878863 core:RetainedEarningsAccumulatedLosses 2024-03-31 12878863 core:ShareCapital 2023-03-31 12878863 core:SharePremium 2023-03-31 12878863 core:RetainedEarningsAccumulatedLosses 2023-03-31 12878863 bus:Director1 2024-04-01 2025-03-31 12878863 core:RetainedEarningsAccumulatedLosses 2023-04-01 2024-03-31 12878863 2023-04-01 2024-03-31 12878863 core:RetainedEarningsAccumulatedLosses 2024-04-01 2025-03-31 12878863 core:ShareCapital 2024-04-01 2025-03-31 12878863 core:SharePremium 2024-04-01 2025-03-31 12878863 core:FurnitureFittings 2024-04-01 2025-03-31 12878863 core:ComputerEquipment 2024-04-01 2025-03-31 12878863 core:OtherPropertyPlantEquipment 2024-03-31 12878863 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 12878863 core:CurrentFinancialInstruments 2025-03-31 12878863 core:CurrentFinancialInstruments 2024-03-31 12878863 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 12878863 bus:FRS102 2024-04-01 2025-03-31 12878863 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 12878863 bus:Director2 2024-04-01 2025-03-31 12878863 bus:Director3 2024-04-01 2025-03-31 12878863 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 12878863 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP