REGISTERED NUMBER: 03449749 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

CONNECT PUBLIC AFFAIRS LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

L Blake

S Church

A Sawford

D Simpson

SECRETARY:

L Shopova

REGISTERED OFFICE:

Grove House

1 Grove Place

Bedford

Bedfordshire

MK40 3JJ

REGISTERED NUMBER:

03449749 (England and Wales)

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

83,118

72,167

83,118

72,167

CURRENT ASSETS

Debtors

7

1,003,992

1,015,603

Cash at bank

1,599,807

1,459,412

2,603,799

2,475,015

CREDITORS

Amounts falling due within one year

8

794,278

880,872

NET CURRENT ASSETS

1,809,521

1,594,143

TOTAL ASSETS LESS CURRENT LIABILITIES

1,892,639

1,666,310

PROVISIONS FOR LIABILITIES

-

17,640

NET ASSETS

1,892,639

1,648,670

CAPITAL AND RESERVES

Allotted, called up and fully

paid share capital

28,190

26,780

Share premium

29,365

29,365

Capital redemption reserve

11,935

11,935

Retained earnings

1,823,149

1,580,590

1,892,639

1,648,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2025 and were signed on its behalf by:

A Sawford - Director

1.	STATUTORY INFORMATION

Connect Public Affairs 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS

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.

INTANGIBLE ASSETS

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS

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

Fixtures and fittings

-

10% on cost

Motor vehicles

-

15% on cost

Computer equipment

-

33% on cost

TAXATION

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

DEFERRED TAX

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2023 - 40 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

90,200

Disposals

(90,200

)

At 31 December 2024

-

AMORTISATION

At 1 January 2024

90,200

Eliminated on disposal

(90,200

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

6.	TANGIBLE FIXED ASSETS

Fixtures

Short

and

Motor

Computer

leasehold

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 January 2024

917

54,217

50,990

149,442

255,566

Additions

-

-

39,990

30,845

70,835

Disposals

-

-

(50,990

)

-

(50,990

)

At 31 December 2024

917

54,217

39,990

180,287

275,411

DEPRECIATION

At 1 January 2024

612

41,829

23,145

117,813

183,399

Charge for year

305

1,950

5,499

24,285

32,039

Eliminated on disposal

-

-

(23,145

)

-

(23,145

)

At 31 December 2024

917

43,779

5,499

142,098

192,293

NET BOOK VALUE

At 31 December 2024

-

10,438

34,491

38,189

83,118

At 31 December 2023

305

12,388

27,845

31,629

72,167

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

637,574

701,204

Amounts owed by group undertakings

19,287

29,367

Other debtors

347,131

285,032

1,003,992

1,015,603

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

14,812

24,951

Trade creditors

184,976

80,083

Tax

189,844

249,774

Social security and other taxes

111,139

104,322

VAT

78,687

193,129

Other creditors

120,283

23,821

Accrued expenses

94,537

204,792

794,278

880,872