Company No: 06897131 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2024		2023
		£		£
Fixed assets
Investments	4	600,000		600,000
		600,000		600,000
Current assets
Debtors
- due within one year	5	468,496		406,279
- due after more than one year	5	119,805		104,270
Cash at bank and in hand		49,250		108,501
		637,551		619,050
Creditors: amounts falling due within one year	6	( 331,369)		( 333,811)
Net current assets		306,182		285,239
Total assets less current liabilities		906,182		885,239
Creditors: amounts falling due after more than one year	7	( 7,024)		( 17,356)
Net assets		899,158		867,883
Capital and reserves
Called-up share capital	8	2		2
Profit and loss account		899,156		867,881
Total shareholders' funds		899,158		867,883

Included within the profit and loss account above is £899,156 (2023: £867,881) of distributable reserves.

For the financial year ending 30 September 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Frost Hill Consultancy Limited (registered number: 06897131) were approved and authorised for issue by the Director on 26 September 2025. They were signed on its behalf by:

Mr J S Cullis Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Frost Hill Consultancy Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hitchcock House Hilltop Park, Devizes Road, Salisbury, SP3 4UF, United Kingdom. The principal place of business is Frost Hill Farm, Frost Hill, Overton, Basingstoke, Hampshire, RG25 3EE.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Plant and machinery etc.

10 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

2. Employees

	2024		2023
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	0		0

3. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 October 2023	10,657		10,657
At 30 September 2024	10,657		10,657
Accumulated depreciation
At 01 October 2023	10,657		10,657
At 30 September 2024	10,657		10,657
Net book value
At 30 September 2024	0		0
At 30 September 2023	0		0

4. Fixed asset investments

	Other investments		Total
	£		£
Cost or valuation before impairment
At 01 October 2023	600,000		600,000
At 30 September 2024	600,000		600,000
Carrying value at 30 September 2024	600,000		600,000
Carrying value at 30 September 2023	600,000		600,000

5. Debtors

	2024		2023
	£		£
Debtors: amounts falling due within one year
Other debtors	468,496		406,279
Debtors: amounts falling due after more than one year
Other debtors	119,805		104,270

6. Creditors: amounts falling due within one year

	2024		2023
	£		£
Bank loans	10,332		10,077
Trade creditors	36		0
Amounts owed to Group undertakings	87,525		87,525
Taxation and social security	228,901		231,299
Other creditors	4,575		4,910
	331,369		333,811

7. Creditors: amounts falling due after more than one year

	2024		2023
	£		£
Bank loans	7,024		17,356

There are no amounts included above in respect of which any security has been given by the small entity.

8. Called-up share capital

	2024		2023
	£		£
Allotted, called-up and fully-paid
1 A Ordinary share of £ 1.00	1		1
1 B Ordinary share of £ 1.00	1		1
	2		2

9. Related party transactions

Transactions with owners holding a participating interest in the entity

	2024		2023
	£		£
Total sum owed by shareholder at the beginning of the year	142,032		218,354
Movement in year	31,114		(76,322)
Balance at year end	173,146		142,032

Transactions with the entity's director

	2024		2023
	£		£
Total sum owed by directors at beginning of year	142,032		218,354
Movement in year	31,114		(76,322)
Balance at year end	173,146		142,032

Other related party transactions

An amount of £24,809.47 (2023 - 24,809.47) was due from CPSR Holdings Limited and £9,844.59 (2023 - £9,844.59) was due from CMSR Limited , both of which are associated companies.