IRIS Accounts Production v24.3.2.46 08358134 Board of Directors 1.2.24 31.1.25 31.1.25 0 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh083581342024-01-31083581342025-01-31083581342024-02-012025-01-31083581342023-01-31083581342023-02-012024-01-31083581342024-01-3108358134ns14:PoundSterling2024-02-012025-01-3108358134ns10:Director12024-02-012025-01-3108358134ns10:PrivateLimitedCompanyLtd2024-02-012025-01-3108358134ns10:SmallEntities2024-02-012025-01-3108358134ns10:AuditExemptWithAccountantsReport2024-02-012025-01-3108358134ns10:SmallCompaniesRegimeForDirectorsReport2024-02-012025-01-3108358134ns10:SmallCompaniesRegimeForAccounts2024-02-012025-01-3108358134ns10:FullAccounts2024-02-012025-01-310835813412024-02-012025-01-3108358134ns10:Director32024-02-012025-01-3108358134ns10:RegisteredOffice2024-02-012025-01-3108358134ns5:CurrentFinancialInstruments2025-01-3108358134ns5:CurrentFinancialInstruments2024-01-3108358134ns5:ShareCapital2025-01-3108358134ns5:ShareCapital2024-01-3108358134ns5:RetainedEarningsAccumulatedLosses2025-01-3108358134ns5:RetainedEarningsAccumulatedLosses2024-01-3108358134ns5:IntangibleAssetsOtherThanGoodwill2024-02-012025-01-3108358134ns5:PatentsTrademarksLicencesConcessionsSimilar2024-02-012025-01-3108358134ns5:IntangibleAssetsOtherThanGoodwill2024-01-3108358134ns5:IntangibleAssetsOtherThanGoodwill2025-01-3108358134ns5:IntangibleAssetsOtherThanGoodwill2024-01-3108358134ns5:PlantMachinery2024-01-3108358134ns5:PlantMachinery2024-02-012025-01-3108358134ns5:PlantMachinery2025-01-3108358134ns5:PlantMachinery2024-01-3108358134ns5:WithinOneYearns5:CurrentFinancialInstruments2025-01-3108358134ns5:WithinOneYearns5:CurrentFinancialInstruments2024-01-31
REGISTERED NUMBER: 08358134















Unaudited Financial Statements for the Year Ended 31 January 2025

for

525 Accountancy Services Limited

525 Accountancy Services Limited (Registered number: 08358134)






Contents of the Financial Statements
for the Year Ended 31 January 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 7

525 Accountancy Services Limited

Company Information
for the Year Ended 31 January 2025







DIRECTORS: P M Simpson
Miss S K White





REGISTERED OFFICE: 83 Ducie Street
Manchester
M1 2JQ





REGISTERED NUMBER: 08358134





ACCOUNTANTS: 525 Accountancy Services Limited
4/1
91 Mitchell Street
Scotland
Glasgow
G1 3LN

525 Accountancy Services Limited (Registered number: 08358134)

Balance Sheet
31 January 2025

31.1.25 31.1.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 300,000 300,000
Tangible assets 5 174,606 142,002
474,606 442,002

CURRENT ASSETS
Debtors 6 447,219 226,838
Cash at bank and in hand 306,233 97,581
753,452 324,419
CREDITORS
Amounts falling due within one
year

7

815,072

554,724
NET CURRENT LIABILITIES (61,620 ) (230,305 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

412,986

211,697

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 412,886 211,597
412,986 211,697

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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.

525 Accountancy Services Limited (Registered number: 08358134)

Balance Sheet - continued
31 January 2025


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 14 May 2025 and were signed on its behalf by:





P M Simpson - Director


525 Accountancy Services Limited (Registered number: 08358134)

Notes to the Financial Statements
for the Year Ended 31 January 2025

1. STATUTORY INFORMATION

525 Accountancy Services Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

525 Accountancy Services Limited (Registered number: 08358134)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - NIL ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 February 2024
and 31 January 2025 300,000
NET BOOK VALUE
At 31 January 2025 300,000
At 31 January 2024 300,000

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2024 397,258
Additions 133,000
At 31 January 2025 530,258
DEPRECIATION
At 1 February 2024 255,256
Charge for year 100,396
At 31 January 2025 355,652
NET BOOK VALUE
At 31 January 2025 174,606
At 31 January 2024 142,002

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Trade debtors 447,219 226,838

525 Accountancy Services Limited (Registered number: 08358134)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.25 31.1.24
£    £   
Bank loans and overdrafts - 1,179
Trade creditors 91,196 53,240
Taxation and social security 55,716 7,419
Other creditors 668,160 492,886
815,072 554,724

525 Accountancy Services Limited

Report of the Accountants to the Directors of
525 Accountancy Services Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






525 Accountancy Services Limited
4/1
91 Mitchell Street
Scotland
Glasgow
G1 3LN


Date: .............................................