| REGISTERED NUMBER: |
| AUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 1 APRIL 2024 TO 31 DECEMBER 2024 |
| FOR |
| A4P CONSULTING LTD |
| REGISTERED NUMBER: |
| 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: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| AUDITORS: |
| 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 |
| Investments | 5 |
| CURRENT ASSETS |
| Debtors | 6 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 7 |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| PROVISIONS FOR LIABILITIES | 9 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 10 |
| Capital redemption reserve |
| Fair value reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| 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 |
| Prior year adjustment | - | - | - |
| As restated |
| Changes in equity |
| Dividends | - | ( |
) | - | - | ( |
) |
| Total comprehensive income | - |
| Reserve transfer | - | (66,123 | ) | - | 66,123 | - |
| Balance at 31 March 2024 |
| Changes in equity |
| Total comprehensive income | - |
| Reserve transfer | - | 17,169 | - | (17,169 | ) | - |
| Balance at 31 December 2024 |
| 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 |
| 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 |
| 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 |
| Fixtures and fittings | - |
| Computer equipment | - |
| 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 |
| 4. | TANGIBLE FIXED ASSETS |
| Fixtures |
| and | Computer |
| fittings | equipment | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2024 |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31 December 2024 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for period |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 March 2024 |
| 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 |
| Revaluations | ( |
) |
| At 31 December 2024 |
| NET BOOK VALUE |
| At 31 December 2024 |
| At 31 March 2024 |
| 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 |
| Amounts owed by group undertakings |
| Other debtors |
| Directors' current accounts | - | 1,799,259 |
| Tax |
| Accrued income |
| Prepayments |
| 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 |
| Tax |
| Social security and other taxes |
| VAT |
| Other creditors |
| Directors' current accounts |
| Accrued expenses |
| 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 |
| Utilised during period | ( |
) |
| Balance at 31 December 2024 |
| 10. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2024 | 2024 |
| value: | £ | £ |
| 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 |
| 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 |
| £ | £ |
| Balance outstanding at start of period |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of period | ( |
) |
| Balance outstanding at start of period |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of period |
| Balance outstanding at start of period |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of period |
| 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. |