The Ardent Partnership Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 11241261

The Ardent Partnership Ltd

Filleted Unaudited Financial Statements

31 March 2025

The Ardent Partnership Ltd

Financial Statements

Year ended 31 March 2025

Contents	Page

Statement of financial position	1

Notes to the financial statements	3

The Ardent Partnership Ltd

Statement of Financial Position

31 March 2025

	2025		2024
Note	£	£	£

Fixed assets

Tangible assets	5		677	1,331

Current assets

Stocks		–	45,000
Debtors	6	–	51,839
Cash at bank and in hand		9,987	3,265
		-------	---------
		9,987	100,104

Creditors: amounts falling due within one year	7	467,191		460,336
		---------		---------
Net current liabilities			457,204	360,232
			---------	---------
Total assets less current liabilities			( 456,527)	( 358,901)

Creditors: amounts falling due after more than one year	8	26,938	26,938
		---------	---------
Net liabilities		( 483,465)	( 385,839)
		---------	---------

Capital and reserves

Called up share capital	2	2
Profit and loss account	( 483,467)	( 385,841)
	---------	---------
Shareholders deficit	( 483,465)	( 385,839)
	---------	---------

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 income and retained earnings has not been delivered.

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.

Director's 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

The Ardent Partnership Ltd

Statement of Financial Position (continued)

31 March 2025

These financial statements were approved by the board of directors and authorised for issue on 28 November 2025 , and are signed on behalf of the board by:

E Fitzgerald
Director

Company registration number: 11241261

The Ardent Partnership Ltd

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 Camburgh House, 27 New Dover Road, Canterbury, Kent, CT1 3DN.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Going concern

The financial statements have been prepared on the going concern basis which assumes that the company will continue in existence for the foreseeable future with the continued support of the director.

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Foreign currencies

Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Equipment	-	25% straight line

Impairment of fixed assets

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.

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditros with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss accountin other administrative expenses. Loans and borrowings are initially recognised at transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate metho less impairment. If an arrangement constitute a finance transaction it is measured at present value.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 2 ).

5. Tangible assets

	Equipment
	£
Cost
At 1 April 2024 and 31 March 2025	2,614
	-------
Depreciation
At 1 April 2024	1,283
Charge for the year	654
	-------
At 31 March 2025	1,937
	-------
Carrying amount
At 31 March 2025	677
	-------
At 31 March 2024	1,331
	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	–	51,718
Other debtors	–	121
	----	--------
	–	51,839
	----	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	3,804	8,479
Social security and other taxes	3,378	1,181
Other creditors	460,009	450,676
	---------	---------
	467,191	460,336
	---------	---------

8. Creditors: amounts falling due after more than one year

	2025	2024
	£	£
Other creditors	26,938	26,938
	--------	--------

9. Related party transactions

At the year end the company owed £26,938 (2024: £26,938) to a company under common control. At the year end, the company owed £453,385 (2024: £441,068) to a director.