REGISTERED NUMBER: 02219376 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PAYHALL CONSULTING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J D Studman

SECRETARY:

Mr M A Studman

REGISTERED OFFICE:

Hartfield Place

40-44 High Street

Northwood

Middlesex

HA6 1BN

REGISTERED NUMBER:

02219376 (England and Wales)

ACCOUNTANTS:

Robert Clow & Co

Chartered Accountants

Hartfield Place

40 - 44 High Street

Northwood

Middlesex

HA6 1BN

FIXED ASSETS

Tangible assets

4

4,318

3,658

CURRENT ASSETS

Debtors

5

14,184

13,298

Cash at bank

89,846

45,755

104,030

59,053

CREDITORS

Amounts falling due within one year

6

47,488

32,473

NET CURRENT ASSETS

56,542

26,580

TOTAL ASSETS LESS CURRENT LIABILITIES

60,860

30,238

PROVISIONS FOR LIABILITIES

7

935

695

NET ASSETS

59,925

29,543

CAPITAL AND RESERVES

Called up share capital

8

1,000

1,000

Retained earnings

9

58,925

28,543

SHAREHOLDERS' FUNDS

59,925

29,543

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 director acknowledges his 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 director and authorised for issue on 9 December 2025 and were signed by:

Mr J D Studman - Director

1.	STATUTORY INFORMATION

Payhall Consulting Limited 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 represents revenue recognised by the company in respect of services supplied during the period, exclusive of value added tax.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme 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 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

21,432

Additions

2,099

At 31 March 2025

23,531

DEPRECIATION

At 1 April 2024

17,774

Charge for year

1,439

At 31 March 2025

19,213

NET BOOK VALUE

At 31 March 2025

4,318

At 31 March 2024

3,658

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

11,990

11,033

Other debtors

2,194

2,265

14,184

13,298

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Taxation and social security

22,784

15,754

Other creditors

24,704

16,719

47,488

32,473

7.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

Accelerated capital allowances

935

695

Deferred

tax

£

Balance at 1 April 2024

695

Charge to Income Statement during year

240

Balance at 31 March 2025

935

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

1,000

Ordinary

£1

1,000

1,000

9.

RESERVES

Retained

earnings

£

At 1 April 2024

28,543

Profit for the year

60,382

Dividends

(30,000

)

At 31 March 2025

58,925

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

Included in other creditors is £21,827 (2024:£14,323) owed to the director.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J D Studman.