The Occupational Psychology Centre Limited

Registered number

03081548

Unaudited Filleted Accounts

31 July 2025

The Occupational Psychology Centre Limited
Registered number:		03081548
Balance Sheet
as at 31 July 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		63,860			91,528

Current assets
Debtors	4	515,643			355,981
Cash at bank and in hand		1,184,321			1,037,375
		1,699,964			1,393,356

Creditors: amounts falling due within one year	5	(335,108)			(143,865)

Net current assets			1,364,856			1,249,491

Total assets less current liabilities			1,428,716			1,341,019


Provisions for liabilities			(15,965)			(22,882)


Net assets			1,412,751			1,318,137

Capital and reserves
Called up share capital			10,000			10,000
Profit and loss account			1,402,751			1,308,137

Shareholders' funds			1,412,751			1,318,137

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.




J D Lawrence
Director
Approved by the board on 17 November 2025

The Occupational Psychology Centre Limited
Notes to the Accounts
for the year ended 31 July 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 accounts are presented in Sterling.

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover represents 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.

	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:

	Motor vehicles	over 5 years
	Fixtures, fittings and equipment	over 5 years

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

	Creditors
	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.

	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.

	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.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2025		2024
Number					Number

	Average number of persons employed by the company			15		14


3	Tangible fixed assets
		Fixtures, fittings & equipment		Motor vehicles		Total
£			£		£
	Cost
	At 1 August 2024	152,321		121,565		273,886
	Additions	568		-		568
	At 31 July 2025	152,889		121,565		274,454

	Depreciation
	At 1 August 2024	141,756		40,602		182,358
	Charge for the year	3,923		24,313		28,236
	At 31 July 2025	145,679		64,915		210,594

	Net book value
	At 31 July 2025	7,210		56,650		63,860
	At 31 July 2024	10,565		80,963		91,528


4	Debtors			2025		2024
£					£

	Trade debtors			451,650		302,395
	Other debtors			63,993		53,586
				515,643		355,981


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

	Trade creditors			43,156		23,940
	Taxation and social security costs			122,036		55,162
	Other creditors			169,916		64,763
				335,108		143,865


6	Other financial commitments			2025		2024
£					£

	Total future minimum payments under non-cancellable operating leases			27,167		89,417


7	Other information

	The Occupational Psychology Centre Limited is a private company limited by shares and incorporated in England. Its registered office is:
	One Wellstones
	Watford
	Hertfordshire
	WD17 2AE