Company No: 10694728 (England and Wales)

Contents

• Statement of Financial Position
• Notes to the Financial Statements

	Note	30.09.2025		31.03.2024
		£		£
Fixed assets
Tangible assets	3	0		38,795
		0		38,795
Current assets
Debtors	4	207		66,620
Cash at bank and in hand		1,248		30,027
		1,455		96,647
Creditors: amounts falling due within one year	5	( 3,996)		( 16,122)
Net current (liabilities)/assets		(2,541)		80,525
Total assets less current liabilities		(2,541)		119,320
Provision for liabilities		0		( 2,275)
Net (liabilities)/assets		( 2,541)		117,045
Capital and reserves
Called-up share capital	6	100		100
Profit and loss account		( 2,641 )		116,945
Total shareholders' (deficit)/funds		( 2,541)		117,045

For the financial period ending 30 September 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 period 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Sprout Advisory Limited (registered number: 10694728) were approved and authorised for issue by the Board of Directors on 02 December 2025. They were signed on its behalf by:

Mark John Fowle Director

1. Accounting policies

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

General information and basis of accounting

Sprout Advisory Limited (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 Brocket Green, Rhinefield Road, Brockenhurst, SO42 7SR, 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 £.

Going concern

In 2025 the directors made the decision that the Company would cease trading. As a result the financial statements have been prepared on a basis other than the going concern basis of preparation. The directors have included in the financial statements any provision for future costs of terminating the business, which were committed to at the balance sheet date and where appropriate the Company's assets have been written down to their net realisable value.

Reporting period length

The company extended its year end to be 30 September 2025 so these financial statements have been prepared for a period of 18 months. The prior and current year figures are therefore not directly comparable.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

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 Statement of Financial Position date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed assets, other than investment properties and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Vehicles	4 years straight line
Computer equipment	3 years straight line

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.

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.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

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

	18 month period to 30.09.2025		Year ended 31.03.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including directors	1		1

3. Tangible assets

	Vehicles		Computer equipment		Total
	£		£		£
Cost
At 01 April 2024	38,795		2,099		40,894
Disposals	( 38,795)		( 2,099)		( 40,894)
At 30 September 2025	0		0		0
Accumulated depreciation
At 01 April 2024	0		2,099		2,099
Charge for the financial period	9,699		0		9,699
Disposals	( 9,699)		( 2,099)		( 11,798)
At 30 September 2025	0		0		0
Net book value
At 30 September 2025	0		0		0
At 31 March 2024	38,795		0		38,795

4. Debtors

	30.09.2025		31.03.2024
	£		£
Amounts owed by connected companies	0		60,553
Amounts owed by directors	0		6,067
VAT recoverable	207		0
	207		66,620

5. Creditors: amounts falling due within one year

	30.09.2025		31.03.2024
	£		£
Trade creditors	600		0
Amounts owed to directors	920		0
Accruals	2,476		1,850
Other taxation and social security	0		14,272
	3,996		16,122

There are no amounts included above in respect of which any security has been given by the small entity.

6. Called-up share capital

	30.09.2025		31.03.2024
	£		£
Allotted, called-up and fully-paid
50 B Ordinary shares of £ 1.00 each	50		50
50 A Ordinary shares of £ 1.00 each	50		50
	100		100

7. Related party transactions

Transactions with the entity's directors

At the balance sheet date, an amount of £920 (2024: £6,067 was owed by the director to the company) was owed by the company to the director. Interest has been charged at 2.25% on the overdrawn amount and the loan is repayable on demand.