REGISTERED NUMBER: 07143407 (England and Wales)

Audited Financial Statements for the Year Ended 31 December 2024

for

Granted Consultancy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

G B Ryan

T R Shave

REGISTERED OFFICE:

100 Liverpool Street

London

EC2M 2AT

REGISTERED NUMBER:

07143407 (England and Wales)

AUDITORS:

Saffery LLP

71 Queen Victoria Street

London

EC4V 4BE

FIXED ASSETS

Tangible assets

4

6,995

9,998

CURRENT ASSETS

Debtors

5

686,835

989,504

Cash at bank

213,431

237,116

900,266

1,226,620

CREDITORS

Amounts falling due within one year

6

(1,148,312

)

(438,582

)

NET CURRENT (LIABILITIES)/ASSETS

(248,046

)

788,038

TOTAL ASSETS LESS CURRENT LIABILITIES

(241,051

)

798,036

PROVISIONS FOR LIABILITIES

7

(1,749

)

(1,900

)

NET (LIABILITIES)/ASSETS

(242,800

)

796,136

CAPITAL AND RESERVES

Called up share capital

8

397

397

Share premium

238,824

238,824

Retained earnings

(482,021

)

556,915

SHAREHOLDERS' FUNDS

(242,800

)

796,136

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 15 September 2025 and were signed on its behalf by:

G B Ryan - Director

1.	STATUTORY INFORMATION

Granted Consultancy Limited 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.

The financial statements have been prepared on a basis other than going concern given that subsequent to the year end, the directors plan to hive up the trade and assets to Ryan Tax Services UK Limited as part of the group's restructuring process. Following this the company will cease to trade as an individual entity.

Critical accounting judgements and key sources of estimation uncertainty

In the application of the company 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.

Critical judgements

The following judgement (apart from those involving estimates) have had the most significant effect on amounts recognised in the financial statements.

Share-based payments

The company assessed that it is not probable that vesting will occur during the service period. Vesting of these options is contingent on a qualifying liquidity event, including an initial public offering. When assessing the probability, the directors have considered the factors and likelihood of the share options vesting. As a result no expense has been recognised in the financial statements in relation to the share options held by employees.

Turnover

The Company performs services for clients under engagement specific contracts and receives a commission in exchange. Such contracts generally specify the agreed upon scope of the engagement, the time periods covered by the engagement, the client's responsibility in providing information to and cooperating with the Company, and the commission fee payable to the Company.

Turnover from contracts which are generated from grant writing recognises the stage of completion when the grant claim has been submitted to the client. Fees are based on the specific contract with the customer.

Turnover from contracts which are generated from success fees recognises the stage of completion when the customer has passed all the steps required to obtain the grant. Fees are calculated on a percentage of the total grant received.

Turnover from service project contracts are recognised at the stage the service is being provided.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognized so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases: Computers 30% reducing balance.

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 the profit or loss.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Share-based payments

An equity-settled share-based payment expense is measured at the fair value of goods or services received, unless that cannot be reliably estimated, in which case the fair value of the equity instruments granted is used. The fair value of equity instruments is measured at the grant date, for transaction with employees, or otherwise at the date that goods or services are received. Employee service conditions and non-market performance conditions are not considered in the fair value calculation but are considered for each period when estimating the number of equity instruments expected to vest. At each statement of financial position date, the company revises its estimates of the number of options expected to vest. It recognises the impact of the revision to original estimates, if any, in profit or loss, with a corresponding adjustment to equity termed a share option reserve.

Employee benefits

The cost of unused holiday entitlement is recognised in the period in which the employee's services are received.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 29 (2023 - 28 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

34,743

DEPRECIATION

At 1 January 2024

24,745

Charge for year

3,003

At 31 December 2024

27,748

NET BOOK VALUE

At 31 December 2024

6,995

At 31 December 2023

9,998

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

444,143

766,297

Amounts owed by group undertakings

33,527

-

Other debtors

209,165

223,207

686,835

989,504

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

10,741

7,165

Amounts owed to group undertakings

941,886

14,160

Taxation and social security

103,156

246,517

Other creditors

92,529

170,740

1,148,312

438,582

7.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

1,749

1,900

Deferred

tax

£

Balance at 1 January 2024

1,900

Utilised during year

(151

)

Balance at 31 December 2024

1,749

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.24

31.12.23

value:

£

£

350

Ordinary

£1

350

350

47

"A" Ordinary

£1

47

47

397

397

Ordinary shares have full voting rights and rights to participate in dividends or other distribution."A" Ordinary shares are non-voting and have no rights to participate in dividends or other distribution.

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

11.	POST BALANCE SHEET EVENTS

After the year end, the directors plan to hive up the trade and assets to Ryan Tax Services UK Limited as part of the group's restructuring process. Following this the company will cease to trade as an individual entity and will become dormant until dissolved.

12.	ULTIMATE CONTROLLING PARTY

13.	SHARE-BASED PAYMENT TRANSACTIONS

Ryan LLC, the ultimate controlling party has granted share options to certain employees in Granted Consultancy Limited. No share option expense arising on these options (2023:£Nil) have been recognised in the profit and loss account, as vesting was not determined to be probable within the service period.

As a qualifying entity, under Section 1.12 of FRS 102, Granted Consultancy Limited has taken an exemption from disclosing the full details of the share-based payment arrangements. The equivalent disclosures are included in the consolidated financial statements of Ryan LLC in which Granted Consultancy Limited is consolidated.