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Registration number: 13342696

Etchingham Advisors Ltd Unaudited Financial Statements for the Year Ended 30 April 2025
Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Etchingham Advisors Ltd

Contents

Company Information | 1
Statement of Financial Position | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

Etchingham Advisors Ltd

Company Information

Director | Mr J Davison

Registered office | 130 Shaftesbury Avenue 2nd Floor London W1D 5EU

Accountants | Brebners Chartered Accountants 130 Shaftesbury Avenue London W1D 5AR

Etchingham Advisors Ltd

Statement of Financial Position as at 30 April 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,111,620 | 295,170
Other financial assets | 5 | 1,096,299 | 1,096,299
|  | 2,207,919 | 1,391,469
Current assets |  |  |
Debtors | 6 | 670,750 | 262,332
Cash at bank and in hand |  | 318,556 | 414,772
|  | 989,306 | 677,104
Creditors: Amounts falling due within one year | 7 | (1,635,244) | (1,171,572)
Net current liabilities |  | (645,938) | (494,468)
Total assets less current liabilities |  | 1,561,981 | 897,001
Provisions for liabilities |  | (13,357) | -
Net assets |  | 1,548,624 | 897,001
Capital and reserves |  |  |
Called up share capital |  | 1 | 1
Retained earnings |  | 1,548,623 | 897,000
Shareholders' funds |  | 1,548,624 | 897,001

For the financial year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Etchingham Advisors Ltd

Statement of Financial Position as at 30 April 2025

The director has elected not to include a copy of the Income Statement within the financial statements, in accordance with the special provisions relating to companies subject to the small companies regime within the Companies Act 2006, section 444.

Approved and authorised by the director on 31 March 2026

.........................................

Mr J Davison

Director

Company registration number: 13342696

Etchingham Advisors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

1 | General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
130 Shaftesbury Avenue
2nd Floor
London
W1D 5EU

The principal activity of the company is that of the provision of management consultancy services.

2 | Accounting policies

Statement of compliance

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' Section 1A and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except any items disclosed in the accounting policies as being shown at fair value and are presented in sterling, which is the functional currency of the entity.

Summary of significant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Going concern

The company made a profit for the year ended 30 April 2025 and has net assets of £1,548,624 including cash at bank of £318,556 at that date. The company continues to pay its creditors as they fall due and is not reliant upon any other funding.
On the basis of the above, and after making enquiries, the director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Accordingly, the director continues to adopt the going concern basis in preparing the financial statements.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities. Turnover is shown net of value added tax, rebates and discounts.
The company recognises revenue from management consultancy services in the period to which the services relate.

Etchingham Advisors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a charge attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Artwork | The residual value of artwork is considered sufficient that no depreciation arises
Biological assets | Not depreciated
Office equipment | 33% straight line
Fixtures and fittings | 20% straight line
Motor vehicles | The residual value of motor vehicles is considered sufficient that no depreciation arises

Investments

Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Current asset investments are initially measured at acquisition cost and subsequently measured at fair value with
changes in fair value being recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Etchingham Advisors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

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

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3 | Staff numbers

The average number of persons employed by the company during the year, was 0 (2024 - 0).

Etchingham Advisors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

4 | Tangible assets

| Artwork £ | Biological Assets £ | Office Equipment £ | Furniture, Fixtures and Equipment £ | Motor Vehicles £ | Total £
Cost or valuation
At 1 May 2024 | - | - | 45,204 | 18,323 | 255,891 | 319,418
Additions | 66,500 | 68,666 | 14,171 | 60,468 | 630,363 | 840,168
At 30 April 2025 | 66,500 | 68,666 | 59,375 | 78,791 | 886,254 | 1,159,586
Depreciation
At 1 May 2024 | - | - | 19,233 | 5,015 | - | 24,248
Charge for the year | - | - | 16,015 | 7,703 | - | 23,718
At 30 April 2025 | - | - | 35,248 | 12,718 | - | 47,966
Carrying amount
At 30 April 2025 | 66,500 | 68,666 | 24,127 | 66,073 | 886,254 | 1,111,620
At 30 April 2024 | - | - | 25,971 | 13,308 | 255,891 | 295,170

Etchingham Advisors Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 April 2025

5 | Other financial assets

| Unlisted investments £ | Total £
Non-current financial assets
Cost
At 1 May 2024 | 1,096,299 | 1,096,299
At 30 April 2025 | 1,096,299 | 1,096,299
Carrying amount
At 30 April 2025 | 1,096,299 | 1,096,299

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 352,631 | 142,448
Other debtors | 318,119 | 119,884
| 670,750 | 262,332

7 | Creditors

Creditors: amounts falling due within one year

| 2025 £ | 2024 £
Trade creditors | 67,563 | 65,672
Taxation and social security | 294,491 | 99,972
Other creditors | 1,273,190 | 1,005,928
| 1,635,244 | 1,171,572

8 | Transactions with directors

At 30 April 2025 an amount of £Nil (2024: £81,573) was due from the director. Advances of £3,364 and repayments of £86,609 were made during the year. Interest has been charged by the company at 2.25% per annum amounting to £1,672 (2024: £212).