ACCOUNTS - Final Accounts preparation

Company registration number: 08172788

	UNAUDITED FINANCIAL STATEMENTS
	FOR THE YEAR ENDED 31 DECEMBER 2025

	ESHER ADVISORY LIMITED


ESHER ADVISORY LIMITED

COMPANY INFORMATION

Director	W. Kwei


Registered number	08172788


Registered office	4th Floor
	95 Gresham Street
	London
	EC2V 7AB


Accountants	Menzies LLP
	Chartered Accountants
	2nd Floor, Midas House
	62 Goldsworth Road
	Woking
	Surrey
	GU21 6LQ


ESHER ADVISORY LIMITED

CONTENTS

	Page
Statement of Financial Position	1 - 2
Notes to the Financial Statements	3 - 7


ESHER ADVISORY LIMITED REGISTERED NUMBER:08172788

STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2025

		2025		2024
Note		£		£

Fixed assets
Intangible assets	4		1,959		5,317
Tangible assets	5		5,780		3,992
			7,739		9,309
Current assets
Debtors: amounts falling due within one year	6	3,625,594		3,610,631
Cash at bank and in hand		311,881		257,128
		3,937,475		3,867,759
Creditors: amounts falling due within one year	7	(1,261,689)		(1,217,138)
Net current assets			2,675,786		2,650,621
Total assets less current liabilities			2,683,525		2,659,930
Creditors: amounts falling due after more than one year			(334,089)		(9,269)

Net assets			2,349,436		2,650,661

Capital and reserves
Called up share capital	1	1
Share option reserve	11,461	7,667
Profit and loss account	2,337,974	2,642,993
	2,349,436	2,650,661

Page 1


ESHER ADVISORY LIMITED REGISTERED NUMBER:08172788

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 DECEMBER 2025

The Director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

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

W. Kwei

Director

Date: 9 September 2026

The notes on pages 3 to 7 form part of these financial statements.

Page 2


ESHER ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

1.	General information

Esher Advisory Limited 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 and principal place of business is shown on the company information page.

The Company's functional and presentational currency is GBP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. 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.

2.2

Revenue

Revenue consists of consulting services and is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

2.3

Intangible assets

Website development costs

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

2.4

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

33%

straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 3


ESHER ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

2.Accounting policies (continued)

2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

2.6

Share-based payments

Where share options are awarded to employees, the fair value of the options at the date of grant is charged to profit or loss over the vesting period. Non-market vesting conditions are taken into account by adjusting the number of equity instruments expected to vest at each reporting date so that, ultimately, the cumulative amount recognised over the vesting period is based on the number of options that eventually vest. Market vesting conditions are factored into the fair value of the options granted. The cumulative expense is not adjusted for failure to achieve a market vesting condition.

The fair value of the award also takes into account non-vesting conditions. These are either factors beyond the control of either party (such as a target based on an index) or factors which are within the control of one or other of the parties (such as the Company keeping the scheme open or the employee maintaining any contributions required by the scheme).

Where the terms and conditions of options are modified before they vest, the increase in the fair value of the options, measured immediately before and after the modification, is also charged to profit or loss over the remaining vesting period.

EMI share options are granted to certain employees under the Esher Advisory Limited EMI Share Option Plan. These options lapse on the 10th anniversary of the grant date, unless an earlier event causes them to lapse under the rules, and may be exercised in exchange for shares on the vesting date, which is the date on which an exit occurs.

2.7

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

2.8

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

2.9

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

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 income.

Page 4


ESHER ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

Employees

The average monthly number of employees, including directors, during the year was 3 (2024 - 3).

4.	Intangible assets

		Website development costs
		£
	Cost
	At 1 January 2025	10,073
	At 31 December 2025	10,073
	Amortisation
	At 1 January 2025	4,756
	Charge for the year on owned assets	3,358
	At 31 December 2025	8,114
	Net book value
	At 31 December 2025	1,959
	At 31 December 2024	5,317

Page 5


ESHER ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

5.	Tangible fixed assets

		Office equipment
		£
	Cost or valuation
	At 1 January 2025	12,462
	Additions	4,985
	At 31 December 2025	17,447
	Depreciation
	At 1 January 2025	8,470
	Charge for the year on owned assets	3,197
	At 31 December 2025	11,667
	Net book value
	At 31 December 2025	5,780
	At 31 December 2024	3,992

Debtors

					2025	2024
					£	£


Trade debtors	520,502	554,620
Other debtors	3,094,049	3,052,291
Prepayments and accrued income	11,043	3,720
	3,625,594	3,610,631

Page 6


ESHER ADVISORY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2025

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Other loans	156,344	10,000
Trade creditors	422,341	476,716
Corporation tax	373,579	583,105
Other taxation and social security	306,209	121,349
Other creditors	-	8,739
Accruals and deferred income	3,216	17,229
	1,261,689	1,217,138

8.	Transactions with the director

At the year end there was a balance outstanding of £2,647,015 (2024: £2,293,045) due from the director. There were amounts drawn down during the year totalling at £1,294,118 (2024: £941,816) and repayments of £940,149 (2024: £1,667). No interest has been charged. Since the year end, £1,294,118 of the outstanding balance has been repaid.

Page 7