1 July 2023 false No description of principal activity Taxfiler 2024.6 10596705business:PrivateLimitedCompanyLtd2023-07-012024-09-30 105967052023-06-30 105967052023-07-012024-09-30 10596705business:AuditExemptWithAccountantsReport2023-07-012024-09-30 10596705business:FilletedAccounts2023-07-012024-09-30 105967052024-09-30 10596705business:Director12023-07-012024-09-30 10596705business:Director22023-07-012024-09-30 10596705business:RegisteredOffice2023-07-012024-09-30 105967052023-06-30 10596705core:WithinOneYear2024-09-30 10596705core:WithinOneYear2023-06-30 10596705core:ShareCapitalcore:PreviouslyStatedAmount2024-09-30 10596705core:ShareCapitalcore:PreviouslyStatedAmount2023-06-30 10596705core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-09-30 10596705core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-06-30 10596705core:PreviouslyStatedAmount2024-09-30 10596705core:PreviouslyStatedAmount2023-06-30 10596705business:SmallEntities2023-07-012024-09-30 10596705countries:EnglandWales2023-07-012024-09-30 10596705core:FurnitureFittings2023-06-30 10596705core:ComputerEquipment2023-06-30 10596705core:FurnitureFittings2024-09-30 10596705core:ComputerEquipment2024-09-30 10596705core:FurnitureFittings2023-07-012024-09-30 10596705core:ComputerEquipment2023-07-012024-09-30 105967052022-07-012023-06-30 iso4217:GBP xbrli:pure
Company Registration No. 10596705 (England and Wales)
DebtChampion Limited Unaudited accounts for the period from 1 July 2023 to 30 September 2024
DebtChampion Limited Unaudited accounts Contents
Page
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DebtChampion Limited Company Information for the period from 1 July 2023 to 30 September 2024
Directors
Paul Boyle David Clements
Company Number
10596705 (England and Wales)
Registered Office
Westgate House 9 Holborn London London EC1N 2LL England
Accountants
Busy Bean Accounting 3 Linksfield Denton Manchester Greater Manchester M34 3TE
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DebtChampion Limited Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
2,553 
Current assets
Inventories
- 
577 
Debtors
- 
20,148 
Cash at bank and in hand
- 
3,671 
- 
24,396 
Creditors: amounts falling due within one year
(13,366)
(47,630)
Net current liabilities
(13,366)
(23,234)
Net liabilities
(13,366)
(20,681)
Capital and reserves
Called up share capital
16 
16 
Profit and loss account
(13,382)
(20,697)
Shareholders' funds
(13,366)
(20,681)
For the period ending 30 September 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 19 June 2025 and were signed on its behalf by
David Clements Director Company Registration No. 10596705
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DebtChampion Limited Notes to the Accounts for the period from 1 July 2023 to 30 September 2024
1
Statutory information
DebtChampion Limited is a private company, limited by shares, registered in England and Wales, registration number 10596705. The registered office is Westgate House, 9 Holborn, London, London, EC1N 2LL, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets
Tangible assets are included at cost less depreciation. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 July 2023
3,106 
9,126 
12,232 
At 30 September 2024
3,106 
9,126 
12,232 
Depreciation
At 1 July 2023
2,328 
7,351 
9,679 
Charge for the period
778 
1,775 
2,553 
At 30 September 2024
3,106 
9,126 
12,232 
Net book value
At 30 September 2024
- 
- 
- 
At 30 June 2023
778 
1,775 
2,553 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Other debtors
- 
20,148 
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DebtChampion Limited Notes to the Accounts for the period from 1 July 2023 to 30 September 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
- 
(5,339)
Trade creditors
- 
341 
Amounts owed to group undertakings and other participating interests
- 
(2,613)
Taxes and social security
8,702 
- 
Other creditors
- 
54,205 
Loans from directors
2,414 
36 
Accruals
2,250 
1,000 
13,366 
47,630 
7
Average number of employees
During the period the average number of employees was 3 (2023: 3).
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