Muirlands Advisory Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 7

Muirlands Advisory Limited

Company Information

Director

M Ward

Registered Office

49 Effingham Road St Andrews Bristol BS6 5AX

Registered Number

15274299

Accountants

Verinder Powell Associates Limited Suite 5 Corum 2 Corum Office Park Crown Way Warmley Bristol BS30 8FJ

Muirlands Advisory Limited

(Registration number: 15274299)
Balance Sheet as at 30 November 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	318	427
Current assets
Debtors	5	3,731	2,210
Cash at bank and in hand		801	447
		4,532	2,657
Creditors: Amounts falling due within one year	6	(4,723)	(2,928)
Net current liabilities		(191)	(271)
Net assets		127	156
Capital and reserves
Called up share capital		1	1
Retained earnings		126	155
Shareholders' funds		127	156

Muirlands Advisory Limited

(Registration number: 15274299)
Balance Sheet as at 30 November 2025

For the financial year ending 30 November 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 August 2026
 

......................................... M Ward Director

Muirlands Advisory Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 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:
49 Effingham Road
St Andrews
Bristol
BS6 5AX

These financial statements were authorised for issue by the director on 17 August 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime). There have been no material departures from the Financial Reporting Standard 102 1A.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The financial statements are prepared in Pounds Sterling (£), and are rounded to the nearest pound.

Going concern

The financial statements have been prepared on a going concern basis following confirmation that the director will continue to financially support the company in order to maintain its operations as necessary for the foreseeable future and at least 12 months from the date of signing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
- the amount of revenue can be reliably measured;
- it is probable that future economic benefits will flow to the entity;
- and specific criteria have been met for each of the company's activities.

Muirlands Advisory Limited

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

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

The current 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.

Tangible assets

Tangible assets are stated in the balance sheet 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 provided at the following annual rates in order to write off each asset over its estimated useful life:

Asset class	Depreciation method and rate
Office equipment	25% on straight line

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.

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 (including the director) during the year, was 1 (2024 - 1).

Muirlands Advisory Limited

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

4	Tangible assets

	Office equipment £	Total £
Cost or valuation
At 1 December 2024	436	436
At 30 November 2025	436	436
Depreciation
At 1 December 2024	9	9
Charge for the year	109	109
At 30 November 2025	118	118
Carrying amount
At 30 November 2025	318	318
At 30 November 2024	427	427

5

Debtors

	Note	2025 £	2024 £
Amounts owed by related parties	7	2,750	1,678
Prepayments and accrued income		981	532
		3,731	2,210

6

Creditors

Due within one year	2025 £	2024 £
Trade creditors	136	-
Taxation and social security	2,517	1,065
Accruals and deferred income	2,070	1,863
	4,723	2,928

 

Muirlands Advisory Limited

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

7	Related party transactions

Loans to related parties

2025	Key management £	Total £
At start of period	1,678	1,678
Advanced	5,550	5,550
Repaid	(4,478)	(4,478)
At end of period	2,750	2,750

2024	Key management £	Total £
Advanced	20,521	20,521
Repaid	(18,843)	(18,843)
At end of period	1,678	1,678

Terms of loans to related parties

Loans to key management are repayable on demand and interest is charged at the HMRC prevailing rate on loan balances that exceed £10,000.