Compliance News Limited

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

Registered number: 06271067

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		-		2,917
Investments	5		-		45,200

			-		48,117
CURRENT ASSETS
Debtors		15,699		-
Cash at bank and in hand		-		196

		15,699		196
Creditors: Amounts Falling Due Within One Year		-		(7,840 )

NET CURRENT ASSETS (LIABILITIES)			15,699		(7,644 )

TOTAL ASSETS LESS CURRENT LIABILITIES			15,699		40,473

NET ASSETS			15,699		40,473

CAPITAL AND RESERVES
Called up share capital	6		1,000		1,000
Profit and Loss Account			14,699		39,473

SHAREHOLDERS' FUNDS			15,699		40,473

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Compliance News Limited

Abridged Balance Sheet (continued)

As At 30 April 2025

For the year ending 30 April 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 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.

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.

All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 30 April 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mr Phil Dibb

Director

17/09/2025

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

1. General Information

Compliance News Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06271067 . The registered office is 14 Egerton Terrace, Rawdon, Leeds, LS19 6QA.

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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. 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% @ Reducing Balance
Computer Equipment	20% @ Reducing Balance

2.4. Investments

3. Average Number of Employees

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

4. Tangible Assets

	Total
	£
Cost
As at 1 May 2024	13,617
Disposals	(13,617 )

As at 30 April 2025	-

Depreciation
As at 1 May 2024	10,700
Disposals	(10,700 )

As at 30 April 2025	-

Net Book Value
As at 30 April 2025	-

As at 1 May 2024	2,917

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Compliance News Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 30 April 2025

5. Investments

	Total
	£
Cost
As at 1 May 2024	45,200
Additions	289
Disposals	(65,076 )
Fair value adjustments	19,587

As at 30 April 2025	-

Provision
As at 1 May 2024	-

As at 30 April 2025	-

Net Book Value
As at 30 April 2025	-

As at 1 May 2024	45,200

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1,000	1,000

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