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Registered number: 05246224
Independent Financial Advisor Limited
Unaudited ABRIDGED Financial Statements
For The Year Ended 31 March 2026
David H Evans Ltd
Independent Financial Advisor Limited
Contents
Contents

| Page
--- | ---
Abridged Statement of Financial Position | 1—2
Notes to the Abridged Financial Statements | 3—5

Page 1
Independent Financial Advisor Limited
Abridged Statement of Financial Position
As At 31 March 2026
Abridged Statement of Financial Position
Registered number: 05246224

| 2026 | 2025
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Intangible Assets | 4 |  | 599,524 |  | 156,395
Tangible Assets | 5 |  | 210,189 |  | 256,590
Investments | 6 |  | 234,950 |  | 234,950
|  |  | 1,044,663 |  | 647,935
CURRENT ASSETS
Debtors |  | 445,480 |  | 349,558 |
Cash at bank and in hand |  | 330,262 |  | 394,952 |
|  | 775,742 |  | 744,510 |
Creditors: Amounts Falling Due Within One Year |  | (612,929 ) |  | (413,409 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 162,813 |  | 331,101
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 1,207,476 |  | 979,036
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (675 ) |  | (12,275 )
NET ASSETS |  |  | 1,206,801 |  | 966,761
CAPITAL AND RESERVES
Called up share capital | 7 |  | 100 |  | 100
Income Statement |  |  | 1,206,701 |  | 966,661
SHAREHOLDERS' FUNDS |  |  | 1,206,801 |  | 966,761

Page 1
Page 2
Independent Financial Advisor Limited
Abridged Statement of Financial Position (continued)
As At 31 March 2026
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
All of the company's members have consented to the preparation of an Abridged Statement of Financial Position for the year end 31 March 2026 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board

Mr Phillip Rose Director
30/06/2026

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Independent Financial Advisor Limited
Notes to the Abridged Financial Statements
For The Year Ended 31 March 2026
Notes to the Abridged Financial Statements
1. General Information
Independent Financial Advisor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05246224 . The registered office is The Grants 11 Market Place, Ramsbottom, Bury, BL0 9AJ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the income statement over its estimated economic life of .... years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Motor Vehicles | 20% reducing balance
Fixtures & Fittings | 20% reducing balance

Page 3
Page 4
Independent Financial Advisor Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 March 2026
2.5. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and 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 end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 27 (2025: 23)
27 23
4. Intangible Assets

| Total
--- | ---
| £
Cost
As at 1 April 2025 | 284,355
Additions | 625,000
As at 31 March 2026 | 909,355
Amortisation
As at 1 April 2025 | 127,960
Provided during the period | 181,871
As at 31 March 2026 | 309,831
Net Book Value
As at 31 March 2026 | 599,524
As at 1 April 2025 | 156,395

Page 4
Page 5
Independent Financial Advisor Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 31 March 2026
5. Tangible Assets

| Total
--- | ---
| £
Cost
As at 1 April 2025 | 800,473
Additions | 6,147
As at 31 March 2026 | 806,620
Depreciation
As at 1 April 2025 | 543,883
Provided during the period | 52,548
As at 31 March 2026 | 596,431
Net Book Value
As at 31 March 2026 | 210,189
As at 1 April 2025 | 256,590

6. Investments

| Total
--- | ---
| £
Cost or Valuation
As at 1 April 2025 | 234,950
As at 31 March 2026 | 234,950
Provision
As at 1 April 2025 | -
As at 31 March 2026 | -
Net Book Value
As at 31 March 2026 | 234,950
As at 1 April 2025 | 234,950

7. Share Capital

| 2026 |  | 2025
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 100 |  | 100

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