REGISTERED NUMBER: 04443156 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

IFA Mentor Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Tangible assets

4

179

287

CURRENT ASSETS

Debtors

5

3,095

5,142

Cash at bank

36,055

18,329

39,150

23,471

CREDITORS

Amounts falling due within one year

6

(7,120

)

(6,476

)

NET CURRENT ASSETS

32,030

16,995

TOTAL ASSETS LESS CURRENT LIABILITIES

32,209

17,282

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Share premium

87,008

87,008

Retained earnings

(64,799

)

(79,726

)

SHAREHOLDERS' FUNDS

32,209

17,282

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 November 2025 and were signed on its behalf by:

Mr A V Hollows - Director

1.	STATUTORY INFORMATION

IFA Mentor Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04443156

Registered office:

64 Woodbourne Road

Sale

Cheshire

M33 3TN

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT.

When the outcome of a transaction can be estimated reliably, turnover from services is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to finalisation of work completed.

Where the outcome cannot be measured reliably, turnover is recognised only to the extent of the expenses recognised that are recoverable.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Computer equipment

-

33% on cost

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 April 2024

and 31 March 2025

323

DEPRECIATION

At 1 April 2024

36

Charge for year

108

At 31 March 2025

144

NET BOOK VALUE

At 31 March 2025

179

At 31 March 2024

287

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

1,200

3,000

Other debtors

1,895

2,142

3,095

5,142

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

554

590

Taxation and social security

5,203

4,601

Other creditors

1,363

1,285

7,120

6,476