Company registration number 08269854 (England and Wales)
CPAH CONSULTANCY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
CPAH CONSULTANCY LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 6
CPAH CONSULTANCY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
63,072
72,112
Current assets
Debtors
5
957,449
770,369
Cash at bank and in hand
487,495
210,308
1,444,944
980,677
Creditors: amounts falling due within one year
6
(193,494)
(183,528)
Net current assets
1,251,450
797,149
Total assets less current liabilities
1,314,522
869,261
Provisions for liabilities
(16,000)
(18,000)
Net assets
1,298,522
851,261
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
1,298,422
851,161
Total equity
1,298,522
851,261
For the financial year ended 31 March 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 directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 5 August 2025 and are signed on its behalf by:
Mr A S Hosier
Director
Company registration number 08269854 (England and Wales)
CPAH CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information
CPAH Consultancy Limited is a private company limited by shares incorporated in England and Wales. The registered office is c/o Craufurd Hale Group, Ground Floor, Arena Court, Crown Lane, MAIDENHEAD, SL6 8QZ.
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. The principal accounting policies adopted are set out below.
These financial statements for the year ended 31 March 2025 are the first financial statements of CPAH Consultancy Limited prepared in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland. The date of transition to FRS 102 was 1 April 2023. An explanation of how transition to FRS 102 has affected the reported financial position and financial performance is given in note 8.
1.2
Turnover
Revenue comprises sales of services provided to customers net of value added tax. Revenue is recognised when performance obligations are satisfied and the services are transferred to the buyer. Where the performance obligation is satisfied over time, revenue is recognised in accordance with its progress towards complete satisfaction of that performance obligation.
Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion can be estimated reliably.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost, net of depreciation.
Depreciation is recognised so as to write off the cost of assets less their residual values over their useful lives on the following bases:
Plant and equipment
10% straight line
Computers
20% straight line
Motor vehicles
10% straight line
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
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include deposits held at call with banks.
CPAH CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
1.5
Financial instruments
The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ of FRS 102 to all of its financial instruments.
Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.
Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are measured at transaction price including transaction costs.
Classification of financial liabilities
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price including transaction costs.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities.
1.6
Equity instruments
Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.
1.7
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.
Deferred tax
Deferred tax liabilities are generally recognised for all timing differences. Such liabilities are not recognised if the timing difference arises from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.
Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled. Deferred tax is charged or credited in the profit and loss account.
1.8
Employee benefits
The costs of short-term employee benefits are recognised as a liability and an expense.
1.9
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
CPAH CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 4 -
2
Judgements and key sources of estimation uncertainty
In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
3
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
2
2
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2024
91,606
Additions
110
Disposals
(480)
At 31 March 2025
91,236
Depreciation and impairment
At 1 April 2024
19,494
Depreciation charged in the year
9,117
Eliminated in respect of disposals
(447)
At 31 March 2025
28,164
Carrying amount
At 31 March 2025
63,072
At 31 March 2024
72,112
CPAH CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
80,298
Other debtors
877,151
770,369
957,449
770,369
6
Creditors: amounts falling due within one year
2025
2024
£
£
Taxation and social security
184,011
170,886
Other creditors
9,483
12,642
193,494
183,528
7
Directors' transactions
During the year dividends totalling £80,725 (2024 - £80,190) were paid to company directors.
Included in other debtors is the £0 (2024 - £245) balance on the directors' current account. The balance is interest free with no formal repayment terms.
Included in other creditors is the £34 (2024 - £0) balance on the directors' current account. The balance is interest free with no formal repayment terms.
8
Reconciliations on adoption of FRS 102
Reconciliations and descriptions of the effect of the transition to FRS 102 on; (i) equity at the date of transition to FRS 102; (ii) equity at the end of the comparative period; and (iii) profit or loss for the comparative period reported under previous UK GAAP are given below.
Reconciliation of equity
1 April
31 March
2023
2024
Notes
£
£
Equity as reported under previous UK GAAP
463,410
869,261
Adjustments arising from transition to FRS 102:
Deferred tax
-
(18,000)
Equity reported under FRS 102
463,410
851,261
CPAH CONSULTANCY LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
8
Reconciliations on adoption of FRS 102
(Continued)
- 6 -
Reconciliation of equity
At 1 April 2023
At 31 March 2024
Previous UK GAAP
Effect of
transition
FRS 102
Previous UK GAAP
Effect of
transition
FRS 102
Notes
£
£
£
£
£
£
Fixed assets
Tangible assets
81,003
-
81,003
72,112
-
72,112
Current assets
Debtors
164,204
-
164,204
770,369
-
770,369
Bank and cash
245,200
-
245,200
210,308
-
210,308
409,404
-
409,404
980,677
-
980,677
Creditors due within one year
Loans and overdrafts
(13,443)
-
(13,443)
-
-
Taxation
(11,207)
-
(11,207)
(170,886)
-
(170,886)
Other creditors
(2,347)
-
(2,347)
(12,642)
-
(12,642)
(26,997)
-
(26,997)
(183,528)
-
(183,528)
Net current assets
382,407
-
382,407
797,149
-
797,149
Total assets less current liabilities
463,410
-
463,410
869,261
-
869,261
Provisions for liabilities
Deferred tax
-
(18,000)
(18,000)
-
(18,000)
(18,000)
Net assets
463,410
(18,000)
445,410
869,261
(18,000)
851,261
Capital and reserves
Share capital
100
100
100
-
100
Profit and loss
463,310
463,310
869,161
(18,000)
851,161
Total equity
463,410
-
463,410
869,261
(18,000)
851,261
Notes to reconciliations on adoption of FRS 102
Deferred tax
The accounts were previously prepared under FRS 105, The Financial Reporting Standard applicable to the micro-entities regime, under which deferred tax was not recognised.
A deferred tax liability has been recognised on transition to FRS 102 (Section 1A), The Financial Reporting Standard applicable in the UK and Republic of Ireland, on 1 April 2023.