Compas Way Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—4

Registered number: 09062866

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		415		-

			415		-
CURRENT ASSETS
Debtors	5	-		852
Cash at bank and in hand		711		1,011

		711		1,863
Creditors: Amounts Falling Due Within One Year	6	(20,445 )		(12,381 )

NET CURRENT ASSETS (LIABILITIES)			(19,734 )		(10,518 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(19,319 )		(10,518 )

Creditors: Amounts Falling Due After More Than One Year	7		(8,493 )		(12,194 )

NET LIABILITIES			(27,812 )		(22,712 )

CAPITAL AND RESERVES
Called up share capital	8		100		100
Profit and Loss Account			(27,912 )		(22,812 )

SHAREHOLDERS' FUNDS			(27,812)		(22,712)

Page 1

Page 2

Compas Way Ltd

Balance Sheet (continued)

As At 31 May 2025

For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Gheorghe Tabara

Director

19/09/2025

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

Compas Way Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09062866 . The registered office is 14 Hollands Place, Walsall, WS3 3AU.

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. 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:

Motor Vehicles	25% Straight line
Computer Equipment	25% Straight line

3. Average Number of Employees

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

4. Tangible Assets

	Computer Equipment
	£
Cost
As at 1 June 2024	-
Additions	553

As at 31 May 2025	553

Depreciation
As at 1 June 2024	-
Provided during the period	138

As at 31 May 2025	138

Net Book Value
As at 31 May 2025	415

As at 1 June 2024	-

5. Debtors

	2025	2024
	£	£
Due within one year
VAT	-	852

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Bank loans and overdrafts	924	-
VAT	27	-
Director's loan account	19,494	12,381

	20,445	12,381

Page 3

Page 4

Compas Way Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 May 2025

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	8,493	12,194

8. Share Capital

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