REGISTERED NUMBER: 09401861 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2025

for

Cambridge Credentials Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

K D Alliban

SECRETARY:

Mrs L J Alliban

REGISTERED OFFICE:

The Barn

11 Bury Road

Thetford

Norfolk

IP24 3PJ

REGISTERED NUMBER:

09401861 (England and Wales)

ACCOUNTANTS:

Knights Lowe

The Barn

11 Bury Road

Thetford

Norfolk

IP24 3PJ

FIXED ASSETS

Intangible assets

4

204,336

-

Tangible assets

5

26,597

38,134

230,933

38,134

CURRENT ASSETS

Debtors

6

139,502

149,007

Cash at bank

21,565

147,216

161,067

296,223

CREDITORS

Amounts falling due within one year

7

31,989

20,037

NET CURRENT ASSETS

129,078

276,186

TOTAL ASSETS LESS CURRENT LIABILITIES

360,011

314,320

CREDITORS

Amounts falling due after more than one year

8

(5,157

)

(11,346

)

PROVISIONS FOR LIABILITIES

10

(25,696

)

(9,534

)

NET ASSETS

329,158

293,440

CAPITAL AND RESERVES

Called up share capital

11

100

100

Fair value reserve

12

57,139

-

Retained earnings

271,919

293,340

SHAREHOLDERS' FUNDS

329,158

293,440

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 October 2025 and were signed by:

K D Alliban - Director

1.	STATUTORY INFORMATION

Cambridge Credentials 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.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Motor vehicles

-

25% on reducing balance

Equipment

-

3 years straight line

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, and loans from banks or other related parties.

(i) Financial assets

Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at market rate of interest.

(ii) Financial liabilities

Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at market rate of interest.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Impairment

At each reporting date, tangible fixed assets and investments are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in profit and loss.

Intangible assets

The intangible assets are revalued at the balance sheet date based on an active market.

Changes to the fair value of the assets are recognised in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST OR VALUATION

Additions

128,150

Revaluations

76,186

At 31 January 2025

204,336

NET BOOK VALUE

At 31 January 2025

204,336

Cost or valuation at 31 January 2025 is represented by:

Other

intangible

assets

£

Valuation in 2025

76,186

Cost

128,150

204,336

If the intangible asset had not been revalued it would have been included at the following historical cost:

2025

2024

£

£

Cost

128,150

-

Intangible assets were valued on an open market basis on 31 January 2025 by the company director .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

67,561

DEPRECIATION

At 1 February 2024

29,427

Charge for year

11,537

At 31 January 2025

40,964

NET BOOK VALUE

At 31 January 2025

26,597

At 31 January 2024

38,134

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1 February 2024

and 31 January 2025

53,042

DEPRECIATION

At 1 February 2024

23,827

Charge for year

7,304

At 31 January 2025

31,131

NET BOOK VALUE

At 31 January 2025

21,911

At 31 January 2024

29,215

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

78,420

-

Other debtors

61,082

149,007

139,502

149,007

Other debtors includes £nil (2024 - £102,166) due from a connected company.

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

6,189

6,189

Taxation and social security

9,949

10,170

Other creditors

15,851

3,678

31,989

20,037

Other creditors includes £13,461 (2024 - £nil) due to a connected company.

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

5,157

11,346

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

11,346

17,535

10.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

Accelerated capital allowances

6,649

9,534

Intangible assets

19,047

-

25,696

9,534

Deferred

tax

£

Balance at 1 February 2024

9,534

Provided during year

16,162

Balance at 31 January 2025

25,696

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

100

Ordinary

£1

100

100

12.

RESERVES

Fair

value

reserve

£

Transfer

57,139

At 31 January 2025

57,139

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 January 2025 and 31 January 2024:

2025

2024

£

£

K D Alliban

Balance outstanding at start of year

46,574

50,824

Amounts advanced

128,275

106,150

Amounts repaid

(114,400

)

(110,400

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

60,449

46,574