Alan Cox Associates Limited

	Page
Balance Sheet	1
Notes to the Financial Statements	2—4

1. General Information

Alan Cox Associates Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06563552 . The registered office is 224a High Street, Barnet, Hertfordshire, EN5 5SZ.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover represents amounts receivable for services net of VAT and trade discounts.

Rendering of services

Revenue from contracts for the provision of professional services is recognised by reference to the stage of completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue is recognised only to the extent of the expenses recognised that it is probable will be recovered.

2.3. Intangible Fixed Assets and Amortisation - Goodwill

Acquired goodwill is written off in equal annual instalments over its estimated useful economic life.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings

15% to 25% SLM

2.5. Leasing and Hire Purchase Contracts

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

2.6. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and 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 end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period 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 assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

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Alan Cox Associates Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

2.7. Debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured atamortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

2.8. Creditors

Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 2)

4. Tangible Assets

	Fixtures & Fittings
	£
Cost
As at 1 July 2024	35,133

As at 30 June 2025	35,133

Depreciation
As at 1 July 2024	27,105
Provided during the period	5,396

As at 30 June 2025	32,501

Net Book Value
As at 30 June 2025	2,632

As at 1 July 2024	8,028

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	84,509	26,414
Amounts recoverable on contracts	-	17,538
Amounts owed by participating interests	652	-
Other debtors	5,382	142,908

	90,543	186,860

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	5,608	12,158
Amounts owed to group undertakings	(20,000 )	-
Other creditors	5,747	55,497
Taxation and social security	159,317	30,063

	150,672	97,718

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Alan Cox Associates Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 June 2025

7. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

8. Related Party Transactions

S J Lees

The above is the director of the company.

During the year, the director incurred expenses on behalf of the company and drew against his account.

At the balance sheet date, he owed £330 to the company.

No interest was charged on this loan during the period.

S Bennett

The above is the director of the company.

During the year, the director incurred expenses on behalf of the company and drew against his account.

At the balance sheet date, he was owed £688 from the company.

No interest was charged on this loan during the period.

L&B Consultancy Services Limited

The above is the parent company.

At the balance sheet date the related party was owed £100,000 from the company..

No interest has been charged on this loan during the year.

9. Ultimate Controlling Party

The company's immediate and ultimate parent undertaking is L&B Consultancy Services Ltd. The ultimate controlling parties are S Lees & S Bennett due to their shareholding in the parent Company.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		2,632		8,028

			2,632		8,028
CURRENT ASSETS
Debtors	5	90,543		186,860
Cash at bank and in hand		78,420		16,842

		168,963		203,702
Creditors: Amounts Falling Due Within One Year	6	(150,672 )		(97,718 )

NET CURRENT ASSETS (LIABILITIES)			18,291		105,984

TOTAL ASSETS LESS CURRENT LIABILITIES			20,923		114,012

NET ASSETS			20,923		114,012

CAPITAL AND RESERVES
Called up share capital	7		100		100
Profit and Loss Account			20,823		113,912

SHAREHOLDERS' FUNDS			20,923		114,012