Company registration number 03968742 (England and Wales)
THE COSTS TEAM (NORTH WEST) LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
THE COSTS TEAM (NORTH WEST) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
THE COSTS TEAM (NORTH WEST) LIMITED
BALANCE SHEET
AS AT 31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
2
1,895
2,432
Current assets
Stocks
25,000
15,000
Debtors
3
291,304
252,743
Cash at bank and in hand
36,608
93,318
352,912
361,061
Creditors: amounts falling due within one year
4
(271,135)
(289,132)
Net current assets
81,777
71,929
Total assets less current liabilities
83,672
74,361
Creditors: amounts falling due after more than one year
5
(7,500)
(12,917)
Net assets
76,172
61,444
Capital and reserves
Called up share capital
6
1,000
1,000
Profit and loss reserves
75,172
60,444
Total equity
76,172
61,444
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
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.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved by the board of directors and authorised for issue on 23 December 2025 and are signed on its behalf by:
Mr N Clifford
Director
Company Registration No. 03968742
THE COSTS TEAM (NORTH WEST) LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
31 March 2025
- 2 -
1
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2025
2024
Number
Number
Total
3
3
2
Tangible fixed assets
Plant and machinery
£
Cost
At 1 April 2024
13,920
Additions
350
At 31 March 2025
14,270
Depreciation and impairment
At 1 April 2024
11,488
Depreciation charged in the year
887
At 31 March 2025
12,375
Carrying amount
At 31 March 2025
1,895
At 31 March 2024
2,432
3
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
284,439
245,748
Other debtors
6,865
6,995
291,304
252,743
4
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
5,101
4,985
Taxation and social security
73,444
95,347
Other creditors
192,590
188,800
271,135
289,132
THE COSTS TEAM (NORTH WEST) LIMITED
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025
31 March 2025
- 3 -
5
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
7,500
12,917
6
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
1,000
1,000
1,000
1,000