Compass Consultancy Services Ltd

Registered number

09788470

Unaudited Filleted Accounts

31 January 2025

Compass Consultancy Services Ltd
Registered number:		09788470
Balance Sheet
as at 31 January 2025

Notes			2025			2024
£				£
Fixed assets
Intangible assets	3		9,840			11,070
Tangible assets	4		238			317
			10,078			11,387

Current assets
Debtors	5	52,304			59,509
Cash at bank and in hand		17,713			18,030
		70,017			77,539

Creditors: amounts falling due within one year	6	(47,748)			(47,072)

Net current assets			22,269			30,467

Total assets less current liabilities			32,347			41,854


Provisions for liabilities			(45)			(77)


Net assets			32,302			41,777

Capital and reserves
Called up share capital			1			1
Profit and loss account			32,301			41,776

Shareholders' funds			32,302			41,777

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr R Elphick
Director
Approved by the board on 11 October 2025

Compass Consultancy Services Ltd
Notes to the Accounts
for the year ended 31 January 2025


1	Accounting policies

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

	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 from the rendering of services is recognised by reference to the stage of completion of the contract.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and machinery			over 5 years

	Debtors and creditors receivable/payable within one year
	Debtors and creditors with no stated interest rate and receivable and payable within one year are recorded at transaction price. Any losses from impairment are recognised in the profit and loss account in other administrative expenses.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. 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.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					1		1


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 February 2024							12,300
	At 31 January 2025							12,300

	Amortisation
	At 1 February 2024							1,230
	Provided during the year							1,230
	At 31 January 2025							2,460

	Net book value
	At 31 January 2025							9,840
	At 31 January 2024							11,070

	Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.


4	Tangible fixed assets
								Plant and machinery etc
£
	Cost
	At 1 February 2024							397
	At 31 January 2025							397

	Depreciation
	At 1 February 2024							80
	Charge for the year							79
	At 31 January 2025							159

	Net book value
	At 31 January 2025							238
	At 31 January 2024							317


5	Debtors					2025		2024
£							£

	Trade debtors					6,656		161
	Other debtors					45,648		59,348
						52,304		59,509


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Trade creditors					23		19
	Taxation and social security costs					36,852		36,180
	Other creditors					10,873		10,873
						47,748		47,072


7	Loans to directors
	Description and conditions	B/fwd	Paid		Repaid		C/fwd
£			£		£		£
	Director
	Loan repayable on demand	53,405		64,443		(72,641)		45,207

		53,405		64,443		(72,641)		45,207


8	Other information

	Compass Consultancy Services Ltd is a private company limited by shares and incorporated in England. Its registered office is:

	27 Victoria Close
	Willand
	Cullompton
	Devon
	EX15 2PD