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
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
DebtChampion Limited
Statement of financial position
as at 30 September 2024
Cash at bank and in hand
-
3,671
Creditors: amounts falling due within one year
(13,366)
(47,630)
Net current liabilities
(13,366)
(23,234)
Net liabilities
(13,366)
(20,681)
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
DebtChampion Limited
Notes to the Accounts
for the period from 1 July 2023 to 30 September 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
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
At 30 September 2024
-
-
-
At 30 June 2023
778
1,775
2,553
Amounts falling due within one year
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
Amounts owed to group undertakings and other participating interests
-
(2,613)
Taxes and social security
8,702
-
Loans from directors
2,414
36
7
Average number of employees
During the period the average number of employees was 3 (2023: 3).