Consol Associates Ltd.

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 04584722

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		440		682

			440		682
CURRENT ASSETS
Debtors	5	34,063		37,682
Cash at bank and in hand		156,249		105,993

		190,312		143,675
Creditors: Amounts Falling Due Within One Year	6	(135,117 )		(88,662 )

NET CURRENT ASSETS (LIABILITIES)			55,195		55,013

TOTAL ASSETS LESS CURRENT LIABILITIES			55,635		55,695

PROVISIONS FOR LIABILITIES
Deferred Taxation			(111 )		(171 )

NET ASSETS			55,524		55,524

CAPITAL AND RESERVES
Called up share capital	7		100		100
Capital redemption reserve			1		1
Profit and Loss Account			55,423		55,423

SHAREHOLDERS' FUNDS			55,524		55,524

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Consol Associates Ltd.

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

J R Bowler Director	S Goodyear Director
11/09/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Consol Associates Ltd. is a private company, limited by shares, incorporated in England & Wales, registered number 04584722 . The registered office is Anchor House, 50 High Street, Bagshot, Surrey, GU19 5AW.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Turnover

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 rendering of services. Turnover is reduced for estimated rebates and other similar allowances.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Fixtures & Fittings	25% reducing balance
Computer Equipment	25% reducing balance

2.4. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.5. Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using

the effective interest method, less impairment losses for bad and doubtful debts.

2.6. Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

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Consol Associates Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

2.7. Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at the Annual General Meeting.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 5 (2024: 4)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2024	1,363	12,396	13,759
Disposals	-	(2,279 )	(2,279 )

As at 31 March 2025	1,363	10,117	11,480

Depreciation
As at 1 April 2024	1,342	11,735	13,077
Provided during the period	21	179	200
Disposals	-	(2,237 )	(2,237 )

As at 31 March 2025	1,363	9,677	11,040

Net Book Value
As at 31 March 2025	-	440	440

As at 1 April 2024	21	661	682

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	28,840	30,754
Amounts owed by group undertakings	-	1,115
Other debtors	5,223	5,813

	34,063	37,682

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	3,839	3,840
Amounts owed to group undertakings	76,527	-
Other creditors	12,539	13,574
Taxation and social security	42,212	71,248

	135,117	88,662

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

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Consol Associates Ltd.

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Reserves

Profit and loss account - includes all current and prior period retained profits and losses.

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