Change Agents UK Trading Limited 31/03/2025 iXBRL

Company registration number: 06482166

Change Agents UK Trading Limited

Unaudited filleted financial statements

31 March 2025

Change Agents UK Trading Limited

Contents

Directors and other information

Accountant's report

Statement of financial position

Statement of changes in equity

Notes to the financial statements

Change Agents UK Trading Limited

Directors and other information


Directors	Mr T C Gibson
	Dr I K Paton	(Resigned 10 December 2024)
	Change Agents UK Charity


Company number	06482166


Registered office	Station Approach
	Oakham
	Rutland
	LE15 6QT


Business address	Oakham Railway Station
	Station Approach
	Oakham
	Rutland
	LE15 6QT


Accountant	Ken Maggs Charity Adviser
	16 Hoekman Way
	Spalding
	Lincs
	PE11 3HE




	Bankers	The Co-Operative Bank
		Business Direct
		P O Box 250
		Skelmersdale
		WN8 6WT


	Solicitors	Travers Smith LLP
		10 Snow Hil
		London
		EC1A 2AL

Change Agents UK Trading Limited

Chartered accountant's report to the board of directors on the preparation of the

unaudited statutory financial statements of Change Agents UK Trading Limited

Year ended 31 March 2025

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Change Agents UK Trading Limited for the year ended 31 March 2025 which comprise the statement of financial position, statement of changes in equity and related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Institute of Chartered Accountants in England and Wales (ICAEW), I am subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Change Agents UK Trading Limited, as a body, in accordance with the terms of my engagement letter. My work has been undertaken solely to prepare for your approval the financial statements of Change Agents UK Trading Limited and state those matters that we have agreed to state to the board of directors of Change Agents UK Trading Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than Change Agents UK Trading Limited and its board of directors as a body for my work or for this report.

It is your duty to ensure that Change Agents UK Trading Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Change Agents UK Trading Limited. You consider that Change Agents UK Trading Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Change Agents UK Trading Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.

Ken Maggs Charity Adviser

FCA

16 Hoekman Way

Spalding

Lincs

PE11 3HE

6 November 2025

Change Agents UK Trading Limited

Statement of financial position

31 March 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Intangible assets	5	-		-
Tangible assets	6	303		1,204
		_______		_______
			303		1,204

Current assets
Debtors	7	23,132		22,443
Cash at bank and in hand		49,133		66,769
		_______		_______
		72,265		89,212
Creditors: amounts falling due
within one year	8	( 41,980)		( 58,927)
		_______		_______
Net current assets			30,285		30,285
			_______		_______
Total assets less current liabilities			30,588		31,489


Provisions for liabilities			( 58)		( 229)

			_______		_______
Net assets			30,530		31,260
			_______		_______

Capital and reserves
Called up share capital			1		1
Profit and loss account			30,529		31,259
			_______		_______
Shareholders funds			30,530		31,260
			_______		_______

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.

Directors responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.

These financial statements were approved by the board of directors and authorised for issue on 06 November 2025 , and are signed on behalf of the board by:

Change Agents UK Charity

Director

Company registration number: 06482166

Change Agents UK Trading Limited

Statement of changes in equity

Year ended 31 March 2025

	Called up share capital	Profit and loss account	Total
	£	£	£


At 1 April 2023	1	32,396	32,397

Profit for the year		31,095	31,095
	_______	_______	_______
Total comprehensive income for the year	-	31,095	31,095

Gift aided donation to parent Charity	-	( 32,232)	( 32,232)
	_______	_______	_______
Total investments by and distributions to owners	-	( 32,232)	( 32,232)

	_______	_______	_______
At 31 March 2024 and 1 April 2024	1	31,259	31,260

Profit for the year		20,369	20,369
	_______	_______	_______
Total comprehensive income for the year	-	20,369	20,369

Gift aided donation to parent Charity	-	( 21,099)	( 21,099)
	_______	_______	_______
Total investments by and distributions to owners	-	( 21,099)	( 21,099)

	_______	_______	_______
At 31 March 2025	1	30,529	30,530
	_______	_______	_______

Change Agents UK Trading Limited

Notes to the financial statements

Year ended 31 March 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Oakham Railway Station, Station Approach, Oakham, Rutland, LE15 6QT.

2. Statement of compliance

These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland. The financial statements are prepared in sterling, which is the functional currency of the entity.

Consolidation

The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.

Turnover

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Amortisation

Development costs are being amortised evenly over their estimated useful life of five years.


Website development	-	20 %	straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.

Tangible assets

Tangible assets are initially recorded at cost, and is subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses.

Depreciation

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.


Fittings fixtures and equipment	-	33.33 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event; it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised in finance costs in profit or loss in the period it arises.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 5 (2024: 10 ).

The average number of staff charged from group entity was 7 (2023 - 6). In terms of full time equivalent employees, (FTC) then the average charged from the parent company was 3.7 (2023 - 3. 6). The employees in this company are those recruited specifically into fixed term contract sustainability placements on behalf of our clients. They do not constitute resources of the company or the group.

5. Intangible assets

	Other intangible assets	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	4,290	4,290
	_______	_______
Amortisation
At 1 April 2024 and 31 March 2025	4,290	4,290
	_______	_______
Carrying amount
At 31 March 2025	-	-
	_______	_______
At 31 March 2024	-	-
	_______	_______

6. Tangible assets

	Fixtures, fittings and equipment	Total
	£	£
Cost
At 1 April 2024 and 31 March 2025	23,740	23,740
	_______	_______
Depreciation
At 1 April 2024	22,536	22,536
Charge for the year	901	901
	_______	_______
At 31 March 2025	23,437	23,437
	_______	_______
Carrying amount
At 31 March 2025	303	303
	_______	_______
At 31 March 2024	1,204	1,204
	_______	_______

7. Debtors

	2025	2024
	£	£
Trade debtors	6,390	11,122
Other debtors	16,742	11,321
	_______	_______
	23,132	22,443
	_______	_______

8. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	82	737
Amounts owed to group undertakings and undertakings in which the company has a participating interest	21,099	31,188
Social security and other taxes	13,402	19,315
Other creditors	7,397	7,687
	_______	_______
	41,980	58,927
	_______	_______