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REGISTERED NUMBER: 07692660 (England and Wales)














AUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 APRIL 2024 TO 31 DECEMBER 2024

FOR

A4P CONSULTING LTD

A4P CONSULTING LTD (REGISTERED NUMBER: 07692660)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Statement of Changes in Equity 3

Notes to the Financial Statements 4


A4P CONSULTING LTD

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024







DIRECTORS: Dr I T James
W P Wheeler





REGISTERED OFFICE: Innovation House
Discovery Park
Ramsgate Road
Sandwich
Kent
CT13 9FF





REGISTERED NUMBER: 07692660 (England and Wales)





AUDITORS: Kreston Reeves LLP
37 St Margaret's Street
Canterbury
Kent
CT1 2TU

A4P CONSULTING LTD (REGISTERED NUMBER: 07692660)

BALANCE SHEET
31 DECEMBER 2024

2024 2024
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 10,784 23,589
Investments 5 169,796 192,688
180,580 216,277

CURRENT ASSETS
Debtors 6 3,775,987 3,773,962
Cash at bank 1,304,393 1,997,766
5,080,380 5,771,728
CREDITORS
Amounts falling due within one year 7 506,211 1,233,443
NET CURRENT ASSETS 4,574,169 4,538,285
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,754,749

4,754,562

PROVISIONS FOR LIABILITIES 9 24,103 33,106
NET ASSETS 4,730,646 4,721,456

CAPITAL AND RESERVES
Called up share capital 10 938 938
Capital redemption reserve 313 313
Fair value reserve 64,456 81,625
Retained earnings 4,664,939 4,638,580
SHAREHOLDERS' FUNDS 4,730,646 4,721,456

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 16 June 2025 and were signed on its behalf by:




Dr I T James - Director



W P Wheeler - Director


A4P CONSULTING LTD (REGISTERED NUMBER: 07692660)

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024

Called up Capital Fair
share Retained redemption value Total
capital earnings reserve reserve equity
£    £    £    £    £   
Balance at 1 April 2023 938 1,842,141 313 15,502 1,858,894
Prior year adjustment - 1,800,000 - - 1,800,000
As restated 938 3,642,141 313 15,502 3,658,894

Changes in equity
Dividends - (441,000 ) - - (441,000 )
Total comprehensive income - 1,503,562 - - 1,503,562
Reserve transfer - (66,123 ) - 66,123 -
Balance at 31 March 2024 938 4,638,580 313 81,625 4,721,456

Changes in equity
Total comprehensive income - 9,190 - - 9,190
Reserve transfer - 17,169 - (17,169 ) -
Balance at 31 December 2024 938 4,664,939 313 64,456 4,730,646

A4P CONSULTING LTD (REGISTERED NUMBER: 07692660)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024

1. STATUTORY INFORMATION

A4P 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.

The financial statements are presented in round pounds sterling £.

The current period relates to 1 April 2024 to 31 December 2024, whilst the comparative covers the period 1 April 2023 to 31 March 2024. The financial statements for the period ended 31 March 2024 were unaudited.

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 as modified by the revaluation of certain assets.

Turnover
Turnover represents net invoiced sales of goods and services, excluding VAT.

Revenue relating to consulting is recognised upon completion of the service.

Revenue relating to the movement of goods is recognised upon delivery of the products, when it is deemed that all the significant risks and rewards of ownership have been transferred.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on cost
Computer equipment - 33% on cost

It is the policy of the Company to only capitalise items of Computer Equipment with a useful economic life of three years and over.

Taxation
Taxation for the period 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 period 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.

A4P CONSULTING LTD (REGISTERED NUMBER: 07692660)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024

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.

Valuation of investments
Investments in subsidiaries are measured at fair value.

Debtors
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cos using the effective interest method, less any impairment.

Creditors
Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 34 (2024 - 35 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 April 2024 21,530 48,843 70,373
Disposals (335 ) (28,827 ) (29,162 )
At 31 December 2024 21,195 20,016 41,211
DEPRECIATION
At 1 April 2024 12,694 34,090 46,784
Charge for period 3,974 3,512 7,486
Eliminated on disposal (230 ) (23,613 ) (23,843 )
At 31 December 2024 16,438 13,989 30,427
NET BOOK VALUE
At 31 December 2024 4,757 6,027 10,784
At 31 March 2024 8,836 14,753 23,589

A4P CONSULTING LTD (REGISTERED NUMBER: 07692660)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024

5. FIXED ASSET INVESTMENTS
Unlisted
investments
£   
COST OR VALUATION
At 1 April 2024 192,688
Revaluations (22,892 )
At 31 December 2024 169,796
NET BOOK VALUE
At 31 December 2024 169,796
At 31 March 2024 192,688

Cost or valuation at 31 December 2024 is represented by:

Unlisted
investments
£   
Valuation in 2022 9,264
Valuation in 2023 11,405
Valuation in 2024 88,164
Valuation in 2024 (22,892 )
Cost 83,855
169,796

The investment was revalued in the year ended 31 March 2024 and again in the 9 month period to 31 December 2024.

Fixed asset investments represent an investment in A4P Consulting Switzerland AG, a company registered in Switzerland.

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Trade debtors 1,326,086 1,335,834
Amounts owed by group undertakings 1,800,000 -
Other debtors 10,392 10,392
Directors' current accounts - 1,799,259
Tax 607,500 607,500
Accrued income 11,600 -
Prepayments 20,409 20,977
3,775,987 3,773,962

A4P CONSULTING LTD (REGISTERED NUMBER: 07692660)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2024
£    £   
Trade creditors 40,284 100,958
Tax 58,435 830,847
Social security and other taxes 84,336 144,838
VAT 69,802 66,792
Other creditors 21,360 36,707
Directors' current accounts 247 -
Accrued expenses 231,747 53,301
506,211 1,233,443

8. LEASING AGREEMENTS
The minimum lease payments falling due for operating leases are:

Within one year £22,286
Between one and five years £19,331

9. PROVISIONS FOR LIABILITIES
2024 2024
£    £   
Deferred tax 24,103 33,106

Deferred
tax
£   
Balance at 1 April 2024 33,106
Utilised during period (9,003 )
Balance at 31 December 2024 24,103

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2024
value: £    £   
9,375 Ordinary 10p 938 938

11. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The auditor's report on the financial statements for the period ended 31 December 2024 was unqualified.

The audit report was signed on 16 June 2025 by Tracey Becker (senior statutory auditor) on behalf of Kreston Reeves LLP.

A4P CONSULTING LTD (REGISTERED NUMBER: 07692660)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2024 TO 31 DECEMBER 2024

12. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the period ended 31 December 2024 and the year ended 31 March 2024:

2024 2024
£    £   
Dr I T James
Balance outstanding at start of period 599,753 600,000
Amounts repaid (600,000 ) (247 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period (247 ) 599,753

S D Vincent
Balance outstanding at start of period 599,753 600,000
Amounts repaid (599,753 ) (247 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 599,753

C J Watson
Balance outstanding at start of period 599,753 600,000
Amounts repaid (599,753 ) (247 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period - 599,753

Mr Vincent and Mr Watson resigned as directors on 19 April 2024

13. ULTIMATE CONTROLLING PARTY

The controlling party is LabConnect INC.

Prior to 19 April 2024, in the opinion of the directors there was no controlling party.

On 19 April 2024 the entire shareholding of the company was acquired by LabConnect INC, a company incorporated in the United States of America. The smallest and largest group that A4P Consulting Limited is consolidated into is that of LabConnect INC.

14. CRITICAL ACCOUNTING JUDGEMENTS AND KEY SOURCES OF ESTIMATION UNCERTAINTY

The fair value of unquoted equity investments held by the company at the reporting date was £169,706. This valuation is subject to uncertainty due to the lack of observable market prices for these investments.

15. PRIOR YEAR ADJUSTMENT

The prior year adjustment relates to the financial statements for the year ended 31 March 2023 and is in relation to the unwinding of a capital reduction transaction that was cancelled due to incorrect paperwork being filed at Companies House.