Company registration number 11420189 (England and Wales)
COMPIO ENTERPRISES LTD
ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
PAGES FOR FILING WITH REGISTRAR
COMPIO ENTERPRISES LTD
COMPANY INFORMATION
Directors
Mr R D Davies
Mrs E D Davies
Company number
11420189
Registered office
6 Red Barn Mews
Battle
East Sussex
TN33 0AG
Accountants
Xeinadin South East Ltd
5a The Gardens
Fareham
Hampshire
PO16 8SS
Business address
2 Middle Field
Weston Turville
Aylesbury
Buckinghamshire
HP22 5RH
COMPIO ENTERPRISES LTD
CONTENTS
Page
Directors' report
1
Accountants' report
2
Profit and loss account
3
Balance sheet
4
Notes to the financial statements
5 - 8
COMPIO ENTERPRISES LTD
DIRECTORS' REPORT
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 1 -

The directors present their annual report and financial statements for the year ended 28 February 2025.

The principal activity of the company in the year under review was that of the provision of management services and holding company.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

Mr R D Davies
Mrs E D Davies
Small companies exemption

This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.

On behalf of the board
Mr R D Davies
Mrs E D Davies
Director
Director
13 June 2025
COMPIO ENTERPRISES LTD
REPORT TO THE DIRECTORS ON THE PREPARATION OF THE UNAUDITED STATUTORY ACCOUNTS OF COMPIO ENTERPRISES LTD
- 2 -

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 28 February 2025.

We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the balance sheet, you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a true and fair view.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

 

The financial statements are provided exclusively to the directors for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.

Xeinadin South East Ltd
5a The Gardens
Fareham
Hampshire
PO16 8SS
13 June 2025
COMPIO ENTERPRISES LTD
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 3 -
2025
2024
£
£
Turnover
179,167
137,500
Administrative expenses
(27,657)
(27,589)
Other operating income
85,958
25,000
Profit before taxation
237,468
134,911
Tax on profit
(38,131)
(26,731)
Profit for the financial year
199,337
108,180

The profit and loss account has been prepared on the basis that all operations are continuing operations.

COMPIO ENTERPRISES LTD
BALANCE SHEET
AS AT
28 FEBRUARY 2025
28 February 2025
- 4 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
164
219
Investments
4
200
200
364
419
Current assets
Debtors
6
33,792
33,792
Cash at bank and in hand
19,484
16,831
53,276
50,623
Creditors: amounts falling due within one year
7
(48,293)
(35,032)
Net current assets
4,983
15,591
Net assets
5,347
16,010
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
5,147
15,810
Total equity
5,347
16,010

For the financial year ended 28 February 2025 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 of its financial statements for the year in question in accordance with section 476.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 13 June 2025 and are signed on its behalf by:
Mr R D Davies
Mrs E D Davies
Director
Director
Company registration number 11420189 (England and Wales)
COMPIO ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 5 -
1
Accounting policies
Company information

Compio Enterprises 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.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Computers equipment
25% on reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Fixed asset investments

A subsidiary is an entity controlled by the company. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

COMPIO ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
1
Accounting policies
(Continued)
- 6 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
2
2
3
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 March 2024 and 28 February 2025
1,107
Depreciation and impairment
At 1 March 2024
888
Depreciation charged in the year
55
At 28 February 2025
943
Carrying amount
At 28 February 2025
164
At 29 February 2024
219
4
Fixed asset investments
2025
2024
£
£
Shares in group undertakings and participating interests
200
200
COMPIO ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
- 7 -
5
Subsidiaries

Details of the company's subsidiaries at 28 February 2025 are as follows:

Name of undertaking
Registered office
Nature of business
Class of
% Held
shares held
Direct
Compio Ltd
6 Red Barn Mews, Battle, East Sussex TN33 0AG
IT Services
Ordinary
100.00
Compio Ltd
6 Red Barn Mews, Battle, East Sussex TN33 0AG
IT Service
Preference A
100.00
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
33,792
33,792
7
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
51
383
Corporation tax
38,131
26,731
Other taxation and social security
9,803
7,627
Other creditors
308
291
48,293
35,032
8
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with related parties:

Name of related party
Nature of relationship
Entities with control, joint control or significant influence over the company
Subsidiary company
Description of
Income
Payments
transaction
2025
2024
2025
2024
£
£
£
£
Entities with control, joint control or significant influence over the company
Services provided to Compio Ltd
179,167
137,500
179,167
137,500
Balances with related parties
COMPIO ENTERPRISES LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 28 FEBRUARY 2025
8
Related party transactions
(Continued)
- 8 -
Amounts owed by
Amounts owed to
related parties
related parties
2025
2024
2025
2024
£
£
£
£
Entities with control, joint control or significant influence over the company
33,792
33,792
-
0
-
0
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