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CONNECT BUSINESS DEVELOPMENT LTD

Registered Number
10069522
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2025

CONNECT BUSINESS DEVELOPMENT LTD
Company Information
for the year from 1 April 2024 to 31 March 2025

Directors | MOSTERT, Patrick David
| NEL, Johannes Gysbertus

Registered Address | The Old Granary
| Dunton Road
| Laindon
| SS15 4DB

Registered Number | 10069522 (England and Wales)

CONNECT BUSINESS DEVELOPMENT LTD
Balance Sheet as at
31 March 2025

| Notes | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £ |  | £ |  | £
Current assets |  |  |  |  |  |  |  |
Debtors | 3 | 22,131 |  |  |  | 31,183 |  |
Cash at bank and on hand |  | 20,245 |  |  |  | 26,043 |  |
|  | 42,376 |  |  |  | 57,226 |  |
Creditors amounts falling due within one year | 4 | (6,201) |  |  |  | (15,990) |  |
Net current assets (liabilities) |  |  |  | 36,175 |  |  |  | 41,236
Total assets less current liabilities |  |  |  | 36,175 |  |  |  | 41,236
Net assets |  |  |  | 36,175 |  |  |  | 41,236
Capital and reserves |  |  |  |  |  |  |  |
Called up share capital |  |  |  | 100 |  |  |  | 100
Profit and loss account |  |  |  | 36,075 |  |  |  | 41,136
Shareholders' funds |  |  |  | 36,175 |  |  |  | 41,236

- 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 7 May 2025, and are signed on its behalf by:
MOSTERT, Patrick David Director Registered Company No. 10069522

CONNECT BUSINESS DEVELOPMENT LTD
Notes to the Financial Statements
for the year ended 31 March 2025

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.

| 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.

| 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.

2. | Average number of employees
--- | ---

|  | 2025 |  | 2024
| Average number of employees during the year | 2 |  | 2

3. | Debtors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Other debtors | 22,131 |  | 31,183
| Total | 22,131 |  | 31,183

| Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

4. | Creditors: amounts due within one year
--- | ---

|  | 2025 |  | 2024
--- | --- | --- | --- | ---
|  | £ |  | £
| Taxation and social security | 6,201 |  | 15,990
| Total | 6,201 |  | 15,990

| Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.