REGISTERED NUMBER: 06250506 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2025

for

Compass Consultancy Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M C Cailes

K A Verity-Cailes

SECRETARY:

M C Cailes

REGISTERED OFFICE:

Marcaida Harwich Road

Wix

Manningtree

Essex

CO11 2RY

REGISTERED NUMBER:

06250506 (England and Wales)

ACCOUNTANTS:

Goody Chartered Accountants and Tax Advisors

Unit 8 Old Forge Court

Colchester Road

Elmstead Market

Colchester

Essex

CO7 7EA

FIXED ASSETS

Tangible assets

4

264,016

261,996

Investments

5

30,037

5,460

294,053

267,456

CURRENT ASSETS

Debtors

6

2,956

59,745

Cash at bank

152,049

101,421

155,005

161,166

CREDITORS

Amounts falling due within one year

7

5,843

3,047

NET CURRENT ASSETS

149,162

158,119

TOTAL ASSETS LESS CURRENT LIABILITIES

443,215

425,575

CREDITORS

Amounts falling due after more than one year

8

185,974

185,974

NET ASSETS

257,241

239,601

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

256,241

238,601

SHAREHOLDERS' FUNDS

257,241

239,601

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 September 2025 and were signed on its behalf by:

M C Cailes - Director

1.	STATUTORY INFORMATION

Compass Consultancy 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.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

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

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 June 2024

263,297

14,046

277,343

Additions

-

3,498

3,498

At 31 May 2025

263,297

17,544

280,841

DEPRECIATION

At 1 June 2024

3,568

11,779

15,347

Charge for year

37

1,441

1,478

At 31 May 2025

3,605

13,220

16,825

NET BOOK VALUE

At 31 May 2025

259,692

4,324

264,016

At 31 May 2024

259,729

2,267

261,996

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 June 2024

5,460

Additions

88,762

Disposals

(64,185

)

At 31 May 2025

30,037

NET BOOK VALUE

At 31 May 2025

30,037

At 31 May 2024

5,460

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Other debtors

2,956

59,745

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.5.25

31.5.24

£

£

Taxation and social security

3,308

962

Other creditors

2,535

2,085

5,843

3,047

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.5.25

31.5.24

£

£

Bank loans

185,974

185,974