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REGISTERED NUMBER: 05870785 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2025

for

INTERACT CONSULTING LTD

INTERACT CONSULTING LTD (REGISTERED NUMBER: 05870785)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INTERACT CONSULTING LTD

Company Information
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTOR: G R F Grant





REGISTERED OFFICE: Witan Studios
Studio E/2C
327 Upper Fourth Street
Milton Keynes
MK9 1EH





REGISTERED NUMBER: 05870785 (England and Wales)





ACCOUNTANTS: Cox & Co. (Accountancy) Limited
Chartered Accountants
The Granary
High Street
Turvey
Bedford
Bedfordshire
MK43 8DB

INTERACT CONSULTING LTD (REGISTERED NUMBER: 05870785)

Balance Sheet
31 MARCH 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 44,017 58,691

CURRENT ASSETS
Debtors 5 422,049 516,076
Cash at bank 187,314 233,907
609,363 749,983
CREDITORS
Amounts falling due within one year 6 264,936 329,847
NET CURRENT ASSETS 344,427 420,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

388,444

478,827

CREDITORS
Amounts falling due after more than one
year

7

26,038

42,087
NET ASSETS 362,406 436,740

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 362,306 436,640
362,406 436,740

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 director acknowledges his 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.

INTERACT CONSULTING LTD (REGISTERED NUMBER: 05870785)

Balance Sheet - continued
31 MARCH 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 director and authorised for issue on 19 May 2025 and were signed by:





G R F Grant - Director


INTERACT CONSULTING LTD (REGISTERED NUMBER: 05870785)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 MARCH 2025

1. STATUTORY INFORMATION

Interact Consulting Ltd is a private company, limited by shares , registered in England and Wales. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery etc - 25% on reducing balance

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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.

INTERACT CONSULTING LTD (REGISTERED NUMBER: 05870785)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 122,362
DEPRECIATION
At 1 April 2024 63,671
Charge for year 14,674
At 31 March 2025 78,345
NET BOOK VALUE
At 31 March 2025 44,017
At 31 March 2024 58,691

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2024
and 31 March 2025 95,399
DEPRECIATION
At 1 April 2024 41,737
Charge for year 13,416
At 31 March 2025 55,153
NET BOOK VALUE
At 31 March 2025 40,246
At 31 March 2024 53,662

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 217,931 263,974
Other debtors 204,118 252,102
422,049 516,076

INTERACT CONSULTING LTD (REGISTERED NUMBER: 05870785)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 MARCH 2025

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Hire purchase contracts 19,822 19,822
Trade creditors 15,439 4,398
Taxation and social security 58,377 95,930
Other creditors 171,298 209,697
264,936 329,847

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Hire purchase contracts 26,038 42,087