Company No: 11217310 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	59,182		58,943
		59,182		58,943
Current assets
Debtors	4	82,748		1,641
Cash at bank and in hand		36,371		62,797
		119,119		64,438
Creditors: amounts falling due within one year	5	( 25,892)		( 11,725)
Net current assets		93,227		52,713
Total assets less current liabilities		152,409		111,656
Net assets		152,409		111,656
Capital and reserves
Called-up share capital	6	1		1
Profit and loss account		152,408		111,655
Total shareholder's funds		152,409		111,656

For the financial year ending 27 February 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 member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Iain Percy Consulting Limited (registered number: 11217310) were approved and authorised for issue by the Director on 11 December 2025. They were signed on its behalf by:

I B Percy Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Iain Percy Consulting Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Towngate House, 2-8 Parkstone Road, Poole, BH15 2PW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated gross of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	1		1

3. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Total
	£		£		£		£
Cost
At 28 February 2024	33,646		0		79,950		113,596
Additions	0		8,291		0		8,291
At 27 February 2025	33,646		8,291		79,950		121,887
Accumulated depreciation
At 28 February 2024	0		0		54,653		54,653
Charge for the financial year	0		1,727		6,325		8,052
At 27 February 2025	0		1,727		60,978		62,705
Net book value
At 27 February 2025	33,646		6,564		18,972		59,182
At 27 February 2024	33,646		0		25,297		58,943

4. Debtors

	2025		2024
	£		£
Other debtors	82,748		1,641

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Taxation and social security	23,392		7,908
Other creditors	2,500		3,817
	25,892		11,725

6. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
1 Ordinary share of £ 1.00	1		1

7. Related party transactions

Transactions with the entity's director

	2025		2024
	£		£
Director's Loan Account	(125,015)		(1,349)