Registration number: 04168415

Trusted Advisor Ltd

Contents

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

Trusted Advisor Ltd

Company Information

Director

Mr David Laurence Vaughan

Company secretary

Mrs Elaine Judith Vaughan

Registered office

12 Holkham Studios Longlands Holkham Wells-Next-The-Sea Norfolk NR23 1SH

Accountants

Tayabali & White 5 High Green Great Shelford Cambridge CB22 5EG

Trusted Advisor Ltd

(Registration number: 04168415)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	27,825	73,215
Other financial assets	5	100,000	-
		127,825	73,215
Current assets
Debtors	6	195,959	161,082
Cash at bank and in hand		58,615	152,357
		254,574	313,439
Creditors: Amounts falling due within one year	7	(245,923)	(218,240)
Net current assets		8,651	95,199
Net assets		136,476	168,414
Capital and reserves
Called up share capital	8	10,000	10,000
Retained earnings		126,476	158,414
Shareholders' funds		136,476	168,414

For the financial year ending 31 March 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 9 September 2025
 

Trusted Advisor Ltd

(Registration number: 04168415)
Balance Sheet as at 31 March 2025

......................................... Mr David Laurence Vaughan Director

Trusted Advisor Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1	General information

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

The company's registered number is 04168415.

The address of its registered office is:
12 Holkham Studios
Longlands
Holkham
Wells-Next-The-Sea
Norfolk
NR23 1SH

These financial statements were authorised for issue by the director on 9 September 2025.

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.

Trusted Advisor Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

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	20% on cost
Motor vehicles	20% on cost

Investments

Investments held in managed funds are stated at fair value based upon the bid or single price quoted by the investment manager at the accounting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 6 (2024 - 4).

Trusted Advisor Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 April 2024	145,408	104,662	250,070
Additions	6,906	-	6,906
Disposals	-	(54,629)	(54,629)
At 31 March 2025	152,314	50,033	202,347
Depreciation
At 1 April 2024	135,451	41,404	176,855
Charge for the year	4,049	10,007	14,056
Eliminated on disposal	-	(16,389)	(16,389)
At 31 March 2025	139,500	35,022	174,522
Carrying amount
At 31 March 2025	12,814	15,011	27,825
At 31 March 2024	9,957	63,258	73,215

5	Other financial assets (current and non-current)

	Financial assets at fair value through profit and loss £	Total £
Non-current financial assets
Cost or valuation
Additions	100,000	100,000
At 31 March 2025	100,000	100,000
Impairment
Carrying amount
At 31 March 2025	100,000	100,000

Trusted Advisor Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Debtors

Current	2025 £	2024 £
Prepayments	46,577	31,235
Other debtors	149,382	129,847
	195,959	161,082

 

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Taxation and social security	239,610	212,871
Accruals and deferred income	5,808	4,560
Other creditors	505	809
	245,923	218,240

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	10,000	10,000	10,000	10,000