REGISTERED NUMBER: 11364475 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Anmut Consulting Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTORS:

K Heyns

S H Ferriter

S T Perry

M Shotter

REGISTERED OFFICE:

4 Eriswell Crescent

Burwood Park

Walton-on-Thames

London

Surrey

KT12 5DS

REGISTERED NUMBER:

11364475 (England and Wales)

ACCOUNTANTS:

ATS Accounting & Tax Solutions Ltd

6 Corfield Close

Finchampstead

Wokingham

Berkshire

RG40 4PA

FIXED ASSETS

Tangible assets

4

17,469

1,974

CURRENT ASSETS

Debtors

5

879,092

678,551

Prepayments and accrued income

51,724

285,332

Cash at bank

1,919,367

1,222,719

2,850,183

2,186,602

CREDITORS

Amounts falling due within one year

6

732,922

572,732

NET CURRENT ASSETS

2,117,261

1,613,870

TOTAL ASSETS LESS CURRENT LIABILITIES

2,134,730

1,615,844

CAPITAL AND RESERVES

Called up share capital

10

10

Other reserves

319,756

131,939

Retained earnings

1,814,964

1,483,895

2,134,730

1,615,844

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

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

The directors acknowledge their 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 Board of Directors and authorised for issue on 2 December 2025 and were signed on its behalf by:

K Heyns - Director

S H Ferriter - Director

1.	STATUTORY INFORMATION

Anmut Consulting Ltd 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.

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.

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.

Depreciation on Computer Equipment is provided at 33.33% in order to write off each asset over its estimated useful life.

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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company contributes to defined contribution pension schemes. Contributions payable to the pension schemes are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 47 (2024 - 44 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

149,482

Additions

18,542

Disposals

(20,736

)

At 31 March 2025

147,288

DEPRECIATION

At 1 April 2024

147,508

Charge for year

3,047

Eliminated on disposal

(20,736

)

At 31 March 2025

129,819

NET BOOK VALUE

At 31 March 2025

17,469

At 31 March 2024

1,974

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

574,001

220,912

Amounts owed by group undertakings

3,239

2,706

Other debtors

301,852

454,933

879,092

678,551

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

-

44,076

Trade creditors

53,614

73,070

Taxation and social security

475,188

271,937

Other creditors

204,120

183,649

732,922

572,732

7.	FORMER DIRECTOR'S ADVANCES

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

2025

2024

£

£

H Heyns

Balance outstanding at start of year

165,725

162,041

Amounts advanced

1,987

3,684

Amounts repaid

(167,712

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

165,725

Post Balance Sheet event

The Former Director's advance was repaid on 10 October 2024.

8.	SHARE-BASED PAYMENT TRANSACTIONS

Anmut Ltd issued share based options to employees of Anmut Consulting Ltd in terms of the Enterprise Management Incentive share option scheme. Anmut Ltd issued 9,872 share options between 1 April 2019 and 31 March 2024. No further options were issued between 1 April 2024 and 31 March 2025.

The options are settled in equity and vest over a period of 3 years. Vesting is conditional on continued employment from date of grant to date of exercise. The following table summarises the option activity during the period.

Opening balance

Granted during period

Forfeited during period

Exercised during period

Closing balance

Exercisable

Tranche 2

64

32

32

32

Tranche 3

262

90

172

172

Tranche 4

160

2

158

58

Tranche 5

1,103

651

452

114

Tranche 6

140

24

116

26

Tranche 7

4,747

4,747

4,747

Tranche 8

46

2

44

7

The fair value of the employment service received is based on the value of the equity instrument granted. An entity shall measure the fair value of share options using an observable market price. However, if an observable market price is not available the fair value can be determined using an option pricing model. The Black-Scholes-Merton methodology was used because it estimates the value of options based on the limited observable market prices. The following assumptions were used in the Black-Scholes-Merton pricing model:

Tranche

2

3

4

5

6

7

8

Number of options outstanding

32

172

158

452

116

4,747

44

Exercise price

7.8

22.39

14.84

14.84

13.94

13.94

13.94

Share price

69

103

113

179

82

131

82

Volatility

70%

70%

70%

70%

70%

70%

70%

Annual risk free rate

1.1%

1.1%

4%

4%

5.3%

5.3%

5.3%

The share based payment expense recognised in the profit and loss for the period is £223,805. A deferred tax asset of £8,008 is recognised based on the expected tax deduction when options are exercised.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Anmut Consulting Ltd for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

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

This report is made solely to the Board of Directors of Anmut Consulting Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Anmut Consulting Ltd and state those matters that we have agreed to state to the Board of Directors of Anmut Consulting Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Anmut Consulting Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Anmut Consulting Ltd 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 Anmut Consulting Ltd. You consider that Anmut Consulting Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Anmut Consulting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

ATS Accounting & Tax Solutions Ltd

6 Corfield Close

Finchampstead

Wokingham

Berkshire

RG40 4PA

8 December 2025