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Company Registration No. 09798600 (England and Wales)
Profound Ideas Limited Unaudited accounts for the year ended 30 September 2025
Profound Ideas Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Profound Ideas Limited Company Information for the year ended 30 September 2025
Director
Simon Brooks
Company Number
09798600 (England and Wales)
Registered Office
3 Watts Lea Woking GU21 4XQ UK
Accountants
JV Accountancy Ltd 2 Firbank Drive Woking Surrey GU21 7QT
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Profound Ideas Limited Statement of financial position as at 30 September 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
4,311
2,507
Current assets
Debtors
5
30,061
1,013
Cash at bank and in hand
24,043
106,400
54,104
107,413
Creditors: amounts falling due within one year
6
(26,623)
(78,298)
Net current assets
27,481
29,115
Net assets
31,792
31,622
Capital and reserves
Called up share capital
7
2
2
Profit and loss account
31,790
31,620
Shareholders' funds
31,792
31,622
For the year ending 30 September 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 17 November 2025 and were signed on its behalf by
Simon Brooks Director Company Registration No. 09798600
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Profound Ideas Limited Notes to the Accounts for the year ended 30 September 2025
1
Statutory information
Profound Ideas Limited is a private company, limited by shares, registered in England and Wales, registration number 09798600. The registered office is 3 Watts Lea, Woking, GU21 4XQ, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% RB
Computer equipment
33% RB
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 October 2024
867
7,305
8,172
Additions
-
2,852
2,852
At 30 September 2025
867
10,157
11,024
Depreciation
At 1 October 2024
562
5,103
5,665
Charge for the year
76
972
1,048
At 30 September 2025
638
6,075
6,713
Net book value
At 30 September 2025
229
4,082
4,311
At 30 September 2024
305
2,202
2,507
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
30,061
1,013
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Profound Ideas Limited Notes to the Accounts for the year ended 30 September 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
8,263
1,497
Taxes and social security
8,100
10,985
Proposed dividends
9,241
65,000
Other creditors
324
166
Accruals
695
650
26,623
78,298
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
8
Controlling party
The company was under the control of Mr S Brooks throughout the year.
9
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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