Registration number: 08926258

Mortgage Advice World Ltd

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 9

Mortgage Advice World Ltd

Company Information

Directors

Mr Martyn Smith Joanne Smith

Registered office

C/O Clever Accounts Ltd Brookfield Court Selby Road Leeds West Yorkshire United Kingdom LS25 1NB

Accountants

Clever Accounts Limited Brookfield Court Selby Road Leeds LS25 1NB

Mortgage Advice World Ltd

(Registration number: 08926258)
Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	4,999	-
Current assets
Debtors		8,760	42,115
Cash at bank and in hand		6,000	-
		14,760	42,115
Creditors: Amounts falling due within one year		(19,049)	(38,621)
Net current (liabilities)/assets		(4,289)	3,494
Total assets less current liabilities		710	3,494
Creditors: Amounts falling due after more than one year		(590)	(407)
Net assets		120	3,087
Capital and reserves
Called up share capital	5	120	2
Retained earnings		-	3,085
Shareholders' funds		120	3,087

For the financial 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.

Directors' 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 directors acknowledge their 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 directors have not delivered to the registrar a copy of the Profit and Loss Account.

Mortgage Advice World Ltd

(Registration number: 08926258)
Balance Sheet as at 31 March 2026

Approved and authorised by the Board on 22 September 2026 and signed on its behalf by:
 

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

Mr Martyn Smith
Director

Mortgage Advice World Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

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

The address of its registered office is:
C/O Clever Accounts Ltd
Brookfield Court
Selby Road
Leeds
West Yorkshire
LS25 1NB
United Kingdom

These financial statements were authorised for issue by the Board on 22 September 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).

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.

Revenue recognition

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.

Tax

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

Mortgage Advice World Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

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.

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 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
Office Equipment	3 Year Straight Line
Fixtures and Fittings	3 Year 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.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

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.

Mortgage Advice World Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

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 directors) during the year, was 2 (2025 - 2).

Mortgage Advice World Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

4	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
Additions	7,498	7,498
At 31 March 2026	7,498	7,498
Depreciation
Charge for the year	2,499	2,499
At 31 March 2026	2,499	2,499
Carrying amount
At 31 March 2026	4,999	4,999

5	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary Shares of £1 (2025 - £0.01) each	100	100	100	1
Ordinary A Shares of £1 (2025 - £0.05) each	20	20	20	1
	120	120	120	2

6	Loans and borrowings

Non-current loans and borrowings

	2026 £	2025 £
Bank borrowings	590	407

Current loans and borrowings

Mortgage Advice World Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

	2026 £	2025 £
Bank borrowings	-	3,719
Bank overdrafts	9,958	22,043
	9,958	25,762

7	Related party transactions

Mortgage Advice World Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Summary of transactions with other related parties

At the balance sheet date there is a balance of £4,759 (2025: £29,933) which relates to the directors loan account. The loan is interest free and repayable on demand.

Loans to related parties

2026	Key management £	Total £
At start of period	29,933	29,933
Repaid	(25,174)	(25,174)
At end of period	4,759	4,759

2025	Key management £	Total £
At start of period	40,827	40,827
Repaid	(10,894)	(10,894)
At end of period	29,933	29,933