REGISTERED NUMBER: 05400715 (England and Wales)

Financial Statements for the Year Ended 31 March 2025

for

Polymath Consulting Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mr D J Parker

Mrs M J M Parker

SECRETARY:

Mr D J Parker

REGISTERED OFFICE:

11 Horsell Park Close

Woking

Surrey

GU21 4LZ

REGISTERED NUMBER:

05400715 (England and Wales)

ACCOUNTANTS:

Turner Hampton

Chartered Certified Accountants

238 Station Road

Addlestone

Surrey

KT15 2PS

FIXED ASSETS

Property, plant and equipment

4

22,190

-

CURRENT ASSETS

Debtors

5

650,478

593,358

Cash at bank

33,484

98,085

683,962

691,443

CREDITORS

Amounts falling due within one year

6

(89,325

)

(59,758

)

NET CURRENT ASSETS

594,637

631,685

TOTAL ASSETS LESS CURRENT LIABILITIES

616,827

631,685

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

616,727

631,585

SHAREHOLDERS' FUNDS

616,827

631,685

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 19 December 2025 and were signed on its behalf by:

Mr D J Parker - Director

1.	STATUTORY INFORMATION

Polymath 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

Revenue 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.

Motor vehicles

-

25% on cost

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Motor

vehicles

£

COST

Additions

29,587

At 31 March 2025

29,587

DEPRECIATION

Charge for year

7,397

At 31 March 2025

7,397

NET BOOK VALUE

At 31 March 2025

22,190

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

8,126

4,006

Other debtors

642,352

589,352

650,478

593,358

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

-

(1

)

Tax

6,777

16,895

Social security and other taxes

-

(726

)

VAT

1,261

5,365

Directors' current accounts

79,607

36,625

Accruals and deferred income

1,680

1,600

89,325

59,758