CCS CONSULTING LTD


Directors	COVERLEY, Lee David
	SMITH, Lester


Registered Address	15 Stockburn Drive, Failsworth
	Manchester
	Lancashire
	M35 9SD


Registered Number	06038294 (England and Wales)

Balance Sheet as at
31 December 2024

	Notes	2024		2023
		£	£	£	£
Fixed assets
Intangible assets	3		2,000,000		2,000,000
Tangible assets	4		24,702		19,763
			2,024,702		2,019,763
Current assets
Debtors		902,518		603,585
Cash at bank and on hand		318,957		582,963
		1,221,475		1,186,548
Creditors amounts falling due within one year		(1,791,390)		(2,182,712)
Net current assets (liabilities)			(569,915)		(996,164)
Total assets less current liabilities			1,454,787		1,023,599
Provisions for liabilities			(95,616)		(226,856)
Net assets			1,359,171		796,743
Capital and reserves
Share premium			2		2
Profit and loss account			1,359,169		796,741
Shareholders' funds			1,359,171		796,743

The company was entitled to exemption from audit for this reporting period 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 in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.
The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved and authorised for issue by the Board of Directors on 20 September 2025, and are signed on its behalf by:

COVERLEY, Lee David
Director

SMITH, Lester
Director

Registered Company No. 06038294

CCS CONSULTING LTD

Notes to the Financial Statements
for the year ended 31 December 2024

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Going concern
	After reviewing the company's forecasts and projections, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. The company therefore continues to adopt the going concern basis of accounting in preparing its financial statements.

	Turnover policy
	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 sale of goods and from the rendering of services.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Interest income
	Interest income is recognised using the effective interest rate method.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Intangible assets
	Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

2.	Average number of employees


		2024		2023
	Average number of employees during the year	0		19

3.	Intangible assets
	Goodwill

		Total
		£
	Cost or valuation
	At 01 January 24	2,000,000
	At 31 December 24	2,000,000
	Net book value
	At 31 December 24	2,000,000
	At 31 December 23	2,000,000

4.	Tangible fixed assets

		Total
		£
	Cost or valuation
	At 01 January 24	33,436
	Additions	17,739
	At 31 December 24	51,175
	Depreciation and impairment
	At 01 January 24	13,673
	Charge for year	12,800
	At 31 December 24	26,473
	Net book value
	At 31 December 24	24,702
	At 31 December 23	19,763

5.	Other commitments
	Deferred consideration of £2,000,000 is included in debtors calculations relating to the sale of the business to an employee owned trust. This is to released to both directors at a minimum repayment of £16,667 each per month.

6.	Further information regarding the company's financial position
	On 3rd November 2023 ownership of CCS Consulting ltd was transferred from Lee Coverley and Lester to Smith to CCS Consulting Trust Ltd. The reason for the sale was to transfer ownership of the business to an employee owned trust. Following an independent valuation of the business, total consideration for the sale of 2,000 ordinary shares was agreed at £2,500,000. Initial consideration of £500,000 was paid to the directors upon completion of the sale. Deferred consideration of £2,000,000 is to be paid from company profits at a minimum rate of £16,667 per month per director. The consideration should be fully settled within 60 month of the sale.

Further information regarding the company's financial position

On 3rd November 2023 ownership of CCS Consulting ltd was transferred from Lee Coverley and Lester to Smith to CCS Consulting Trust Ltd.  The reason for the sale was to transfer ownership of the business to an employee owned trust.  Following an independent valuation of the business, total consideration for the sale of 2,000 ordinary shares was agreed at £2,500,000. 

Initial consideration of £500,000 was paid to the directors upon completion of the sale. Deferred consideration of £2,000,000 is to be paid from company profits at a minimum rate of £16,667 per month per director.  The consideration should be fully settled within 60 month of the sale.