Registered number
10570098
Change Ready Ltd
Report and Accounts
31 January 2025
Change Ready Ltd
Report to the director on the preparation of the unaudited statutory accounts of Change Ready Ltd for the year ended 31 January 2025
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Change Ready Ltd for the year ended 31 January 2025 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at
http://rulebook.accaglobal.com/
Our work has been undertaken in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163.
Coalesco Accountants Limited
Chartered Certified Accountants
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
13 March 2025
Change Ready Ltd
Registered number: 10570098
Balance Sheet
as at 31 January 2025
Notes 2025 2024
£ £
Fixed assets
Tangible assets 3 1,584 383
Current assets
Debtors 4 7,163 19,643
Cash at bank and in hand 14,950 29,190
22,113 48,833
Creditors: amounts falling due within one year 5 (1,726) (4,737)
Net current assets 20,387 44,096
Net assets 21,971 44,479
Capital and reserves
Called up share capital 100 100
Profit and loss account 21,871 44,379
Shareholder's funds 21,971 44,479
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
D Ripton
Director
Approved by the board on 13 March 2025
Change Ready Ltd
Notes to the Accounts
for the year ended 31 January 2025
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Office equipment 25% straight line
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.
2 Employees 2025 2024
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2024 2,118
Additions 1,333
At 31 January 2025 3,451
Depreciation
At 1 February 2024 1,735
Charge for the year 132
At 31 January 2025 1,867
Net book value
At 31 January 2025 1,584
At 31 January 2024 383
4 Debtors 2025 2024
£ £
Trade debtors - 12,480
Other debtors 7,163 7,163
7,163 19,643
5 Creditors: amounts falling due within one year 2025 2024
£ £
Corporation tax 1,478 -
Other taxes and social security costs 247 4,736
Other creditors 1 1
1,726 4,737
6 Other information
Change Ready Ltd is a private company limited by shares and incorporated in England. Its registered office is:
156 Russell Drive
Wollaton
Nottingham
NG8 2BE
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