ACCOUNTS - Final Accounts preparation

Cash and cash equivalents

Registered number: 15989744

AUDAX ADVISORY LTD

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 31 JULY 2026

AUDAX ADVISORY LTD

REGISTERED NUMBER: 15989744

STATEMENT OF FINANCIAL POSITION

AS AT 31 JULY 2026

	31 July	31 December
	2026	2025
Note	£	£


Current assets
Debtors: amounts falling due within one year	5	100		16,385
Cash at bank and in hand	6	-		23,583
		100		39,968
Creditors: amounts falling due within one year	7	-		(17,764)
Net current assets			100		22,204
Total assets less current liabilities			100		22,204

Net assets			100		22,204

Capital and reserves
Called up share capital	8	100	100
Profit and loss account		-	22,104
		100	22,204

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 period in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 comprehensive income 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 on 7 September 2026.

Clara-Felicitas Kuehn

Director

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AUDAX ADVISORY LTD

REGISTERED NUMBER: 15989744

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 31 JULY 2026

The notes on pages 5 to 10 form part of these financial statements.

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AUDAX ADVISORY LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD ENDED 31 JULY 2026

	Called up share capital	Profit and loss account	Total equity
	£	£	£
At 1 January 2026	100	22,104	22,204
Other comprehensive income for the period	-	-	-
Total comprehensive income for the period	-	-	-
Contributions by and distributions to owners
Dividends: Equity capital	-	(22,104)	(22,104)
Total transactions with owners	-	(22,104)	(22,104)
At 31 July 2026	100	-	100

The notes on pages 5 to 10 form part of these financial statements.

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AUDAX ADVISORY LTD

STATEMENT OF CHANGES IN EQUITY

FOR THE PERIOD ENDED 31 DECEMBER 2025

	Called up share capital	Profit and loss account	Total equity
	£	£	£
Comprehensive income for the period
Profit for the period	-	59,874	59,874
Other comprehensive income for the period	-	-	-
Total comprehensive income for the period	-	59,874	59,874
Contributions by and distributions to owners
Dividends: Equity capital	-	(37,770)	(37,770)
Shares issued during the period	100	-	100
Total transactions with owners	100	(37,770)	(37,670)
At 31 December 2025	100	22,104	22,204

The notes on pages 5 to 10 form part of these financial statements.

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AUDAX ADVISORY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2026

1.	General information

Audax Advisory Ltd is a private company limited by shares and incorporated in England and Wales. Its registered office is 32 Ifield Road, London, SW10 9AA.

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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following material accounting policies have been applied:

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AUDAX ADVISORY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2026

2.Accounting policies (continued)

2.2

Revenue

Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

The Company recognises revenue from the following major sources:

Provision of services

The nature, timing of performance obligations and significant payment terms of the Company's major sources of revenue are as follows:

Provision of services

Revenue from contracts for the provision of services is recognised over time as the services are performed. Contracts for the provision of services generally contain a single performance obligation, being delivery of contracted services.

Revenue is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total expected costs. Where the outcome cannot be measured reliably, revenue is recognised only to the extent of the expenses recognised that are recoverable. The Company has concluded that they are the principal in these arrangements.

The transaction price is determined based on the consideration to which the Company expects to be entitled and includes variable consideration only to the extent that it is highly probable that a significant reversal of cumulative revenue recognised will not occur.

Assurance-type warranties, which provide assurance that products comply with agreed specifications at the time of sale, are accounted for as provisions.

Contract assets

A contract asset is initially recognised for revenue earned from services because the receipt of consideration is conditional on successful completion. Upon completion of the installation and acceptance by the customer, the amount recognised as contract assets is reclassified to trade debtors. Contract assets are subject to impairment assessment. Refer to accounting policies on impairment of financial assets in section (##) Financial instruments.

Trade debtors

A receivable is recognised if an amount of consideration that is unconditional is due from the customer (i.e., only the passage of time is required before payment of the consideration is due).

Contract liabilities

A contract liability is recognised if a payment is received or a payment is due (whichever is earlier) from a customer before the Company transfers the related goods or services. Contract liabilities are recognised as revenue when the Company performs under the contract (i.e., transfers control of the related goods or services to the customer).

Right of return assets

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AUDAX ADVISORY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2026

2.Accounting policies (continued)

2.2

Revenue (continued)

A right-of-return asset, presented within stocks, is recognised for the right to recover the goods expected to be returned by customers. The asset is measured at the former carrying amount of the stock, less any expected costs to recover the goods and any potential decreases in value. The Company update the measurement of the asset for any revisions to the expected level of returns and any additional decreases in the value of the returned products.

Refund liabilities

Refund liabilities are recognised where the Company has an obligation to refund consideration to customers, including in respect of rights of return. Refund liabilities are measured at the amount expected to be refunded and are reviewed at each reporting date. The Company update its estimates of refund liabilities at the end of each reporting period.

Significant financing component

The Company does not expect to have contracts where the period between the transfer of goods or services and customer payment exceeds one year. Accordingly, transaction prices are not adjusted for the time value of money.

If contracts include significant financing components, the Company will adjust the transaction price using a market-based discount rate.

Costs to obtain a contract

Incremental costs to obtain a revenue contract are capitalised, except where the asset would have an amortisation period of one year or less, in which case the costs are expensed as incurred.

Costs to fulfil a contract are capitalised when they meet the recognition criteria. Capitalised costs to fulfil a contract comprise [insert details].

2.3

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.

2.4

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

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AUDAX ADVISORY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2026

2.Accounting policies (continued)

2.5

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.6

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.7

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

In the application of the company's accounting policies management is required to make judgements,
estimates and assumptions about the carrying value of assets and liabilities that are not readily
ascertainable from other sources. The estimates and underlying assumptions are based on historical
experience and other factors that are considered to be relevant. Actual outcomes may differ from these
estimates.
The estimates and underlying assumptions are reviewed on an continuing basis. Revisions to accounting
estimates are recognised in the period in which the estimates are revised.
The key areas of estimation uncertainty that have a significant effect on the amounts recognised in the
financial statements are described below:
Accrued Expenditure
The company includes a provision for invoices which are yet to be received from and amounts paid in
advance to suppliers. These provisions are estimated based upon the expected values of the invoices
which are issued and services received following the period end.

Employees

The average monthly number of employees, including the director, during the period was as follows:

	31 July	31 December
	2026	2025
	No.	No.

Staff	1	1

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AUDAX ADVISORY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2026

Debtors

					31 July	31 December
					2026	2025
					£	£


Other debtors	100	16,385
	100	16,385

Cash at bank and in hand	-	23,583
	-	23,583

Corporation tax	-	15,199
Other taxation and social security	-	1,125
Accruals and deferred income	-	1,440
	-	17,764

Allotted, called up and fully paid

100 (2025 - 100) Ordinary shares of £1.00 each	100	100

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AUDAX ADVISORY LTD

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 JULY 2026

Reserves

Profit and loss account

The profit and loss account is fully distributable.

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