Company registration number 11207025 (England and Wales)
ISLE FORTY ONE ADVISORS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
PAGES FOR FILING WITH REGISTRAR
ISLE FORTY ONE ADVISORS LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
ISLE FORTY ONE ADVISORS LIMITED
BALANCE SHEET
AS AT
28 FEBRUARY 2026
28 February 2026
- 1 -
2026
2025
Notes
£
£
£
£
Fixed assets
Tangible assets
3
228
340
Current assets
Debtors
4
10
2,526
Cash at bank and in hand
250,496
259,634
250,506
262,160
Creditors: amounts falling due within one year
5
(1,079)
(11,017)
Net current assets
249,427
251,143
Net assets
249,655
251,483
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
6
249,555
251,383
Total equity
249,655
251,483

For the financial year ended 28 February 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he member has 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 his 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 director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 11 March 2026
Mr A Macdonald
Director
Company registration number 11207025 (England and Wales)
ISLE FORTY ONE ADVISORS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 2 -
1
Accounting policies
Company information

Isle Forty One Advisors Limited is a private company limited by shares incorporated in England and Wales. The registered office is C/O James Todd & Co, Furzehall Farm, 110 Wickham Road, Fareham, Hampshire, England, PO16 7JH.

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.

1.2
Revenue

Revenue comprises sales of goods or services provided to customers net of value added tax and other sales taxes, less an appropriate deduction for actual and expected returns and discounts. Revenue is recognised when performance obligations are satisfied and the control of goods or services is transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.

When cash inflows are deferred and represent a financing arrangement, the promised consideration is adjusted for the effects of the time value of money, which is recognised as interest income.

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:

IT and Office Equipment
Reducing balance at 33%
1.4
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.

1.5
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

ISLE FORTY ONE ADVISORS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
1
Accounting policies
(Continued)
- 3 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

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.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

2
Employees

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

2026
2025
Number
Number
Total
0
1
ISLE FORTY ONE ADVISORS LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2026
- 4 -
3
Tangible fixed assets
IT and Office Equipment
£
Cost
At 1 March 2025 and 28 February 2026
2,523
Depreciation and impairment
At 1 March 2025
2,183
Depreciation charged in the year
112
At 28 February 2026
2,295
Carrying amount
At 28 February 2026
228
At 28 February 2025
340
4
Debtors
2026
2025
Amounts falling due within one year:
£
£
Trade debtors
-
0
2,500
Corporation tax recoverable
10
10
Other debtors
-
0
16
10
2,526
5
Creditors: amounts falling due within one year
2026
2025
£
£
Other creditors
-
0
9,720
Accruals and deferred income
1,079
1,297
1,079
11,017
6
Profit and loss reserves
2026
2025
£
£
At the beginning of the year
251,383
260,149
Adjusted balance
251,383
260,149
Loss for the year
(1,828)
(8,766)
At the end of the year
249,555
251,383
2026-02-28 2025-03-01 false false false 11 March 2026 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr A Macdonald 11207025 2025-03-01 2026-02-28 11207025 2026-02-28 11207025 2025-02-28 11207025 core:ComputerEquipment 2026-02-28 11207025 core:ComputerEquipment 2025-02-28 11207025 core:CurrentFinancialInstruments 2026-02-28 11207025 core:CurrentFinancialInstruments 2025-02-28 11207025 core:ShareCapital 2026-02-28 11207025 core:ShareCapital 2025-02-28 11207025 core:RetainedEarningsAccumulatedLosses 2026-02-28 11207025 core:RetainedEarningsAccumulatedLosses 2025-02-28 11207025 core:RetainedEarningsAccumulatedLosses 2025-02-28 11207025 core:RetainedEarningsAccumulatedLosses 2024-02-29 11207025 bus:Director1 2025-03-01 2026-02-28 11207025 core:ComputerEquipment 2025-03-01 2026-02-28 11207025 2024-03-01 2025-02-28 11207025 core:ComputerEquipment 2025-02-28 11207025 bus:PrivateLimitedCompanyLtd 2025-03-01 2026-02-28 11207025 bus:SmallCompaniesRegimeForAccounts 2025-03-01 2026-02-28 11207025 bus:FRS102 2025-03-01 2026-02-28 11207025 bus:AuditExemptWithAccountantsReport 2025-03-01 2026-02-28 11207025 bus:FullAccounts 2025-03-01 2026-02-28 xbrli:pure xbrli:shares iso4217:GBP