Aptitude Advisors Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 08948842 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Aptitude Advisors Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Chartered Accountants' Report

6

DIRECTORS:

M S Butterworth

S I Jaffrey

REGISTERED OFFICE:

71-75 Shelton Street

Covent Garden

London

WC2H 9JQ

REGISTERED NUMBER:

08948842 (England and Wales)

ACCOUNTANTS:

Goddard Accounting and Tax Solutions

Ben Loyal Lodge

25 Kenilworth Road

Bridge Of Allan

Stirling

FK9 4EH

FIXED ASSETS

Tangible assets

4

1,869

4,321

Investments

5

22,818

12,818

24,687

17,139

CURRENT ASSETS

Debtors

6

925,618

936,062

Cash at bank

2,336,605

912,338

3,262,223

1,848,400

CREDITORS

Amounts falling due within one year

7

1,526,691

563,275

NET CURRENT ASSETS

1,735,532

1,285,125

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,760,219

1,302,264

CAPITAL AND RESERVES

Called up share capital

100

Retained earnings

1,760,119

1,302,164

1,760,219

1,302,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 3 December 2025 and were signed on its behalf by:

M S Butterworth - Director

1.	STATUTORY INFORMATION

Aptitude Advisors 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.

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 etc

-

25% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current 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 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 14 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

and 31 March 2025

35,123

DEPRECIATION

At 1 April 2024

30,802

Charge for year

2,452

At 31 March 2025

33,254

NET BOOK VALUE

At 31 March 2025

1,869

At 31 March 2024

4,321

5.	FIXED ASSET INVESTMENTS

During the prior year, £10,000 was received in respect of the liquidation of an investment. In the prior year, the value of this investment had been written down to realisable value, so no gain or loss is arising.

During the current year, an investment of £20,000 was made in unlisted shares. The current value is estimated to be in line with this cost.

Remaining investments represent shares in subsidiaries.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

401,742

462,865

Amounts owed by group undertakings

58,336

135,433

Other debtors

465,540

337,764

925,618

936,062

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors

66,771

53,445

Amounts owed to group undertakings

100

-

Taxation and social security

391,280

169,528

Other creditors

1,068,540

340,302

1,526,691

563,275

8.	RELATED PARTY DISCLOSURES

Included in Debtors are the following amounts due from related parties.

During previous years, the company had provided loans to a wholly owned Spanish subsidiary, which are outstanding. Interest is charged on the loan at a rate of 2% per annum. The Spanish subsidiary also provided resource services to the company during the year. The combined net balance due from the Spanish subsidiary at the balance sheet date is £54,907 (31 March 2024 - £132,003).

During the prior year, the company made a loan of £3,430 to a company, based in Portugal, and owned by a director of Aptitude Advisors Limited. The £3,430 remains outstanding at the balance sheet date.

Included in Creditors, is a balance of £100 due to wholly owned UK subsidiary, Aptitude.AI Limited.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Aptitude Advisors Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the Board of Directors of Aptitude Advisors Limited, as a body, in accordance with the terms of our engagement letter dated 17 May 2023. Our work has been undertaken solely to prepare for your approval the financial statements of Aptitude Advisors Limited and state those matters that we have agreed to state to the Board of Directors of Aptitude Advisors Limited, as a body, in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

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