Registration number: 06889438

Charter Tax Consulting Limited

trading as Charter Tax

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 11

Charter Tax Consulting Limited

trading as Charter Tax

Company Information

Directors

Janet Treacy Pierce David Stephen Page Christopher Michael Page Matthew John Wickers Emma Louise Cheeseman David Nicholas George Hughes Charlotte Emma Goss

Company secretary

Christopher Michael Page

Registered office

8th Floor 1 Southampton Street London WC2R 0LR

Charter Tax Consulting Limited

trading as Charter Tax

(Registration number: 06889438)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	941,466	1,050,742
Tangible assets	5	53,854	48,207
Investments	6	250,304	250,304
		1,245,624	1,349,253
Current assets
Debtors	7	2,182,273	2,221,218
Cash at bank and in hand		737,493	670,738
		2,919,766	2,891,956
Creditors: Amounts falling due within one year	8	(2,613,594)	(2,773,390)
Net current assets		306,172	118,566
Net assets		1,551,796	1,467,819
Capital and reserves
Called up share capital	9	1,250	1,250
Share premium reserve		247,997	247,997
Retained earnings		1,302,549	1,218,572
Shareholders' funds		1,551,796	1,467,819

Charter Tax Consulting Limited

trading as Charter Tax

(Registration number: 06889438)
Balance Sheet as at 30 June 2025

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

For the financial year ending 30 June 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Approved and authorised by the Board on 16 December 2025 and signed on its behalf by:
 

......................................... Janet Treacy Pierce Director

Charter Tax Consulting Limited

trading as Charter Tax

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
8th Floor
1 Southampton Street
London
WC2R 0LR
U.K.

These financial statements were authorised for issue by the Board on 16 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Group accounts not prepared

The company is part of a small group. The company has taken advantage of the exemption provided by Section 398 of the Companies Act 2006 and has not prepared group accounts.

Going concern

The financial statements have been prepared on a going concern basis.

Charter Tax Consulting Limited

trading as Charter Tax

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

As a result, income is recognised based on the performance of contractual obligations invoiced and to the extent that work has been undertaken in advance of a client being invoiced, such work is included as "Amounts recoverable on contracts" and included in debtors.

Where amounts are received from clients in advance of work being undertaken these amounts are included as "Fees received in advance" and included in creditors.

Foreign currency transactions and balances

Transactions in foreign currencies are recorded at the exchange rate ruling at the date of the transaction.

Monetary assets and liabilities denominated in foreign currencies are retranslated at the closing rates at the
balance sheet date. All exchange differences are included in the profit and loss account.

Tax

The tax expense for the period comprises current tax. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Charter Tax Consulting Limited

trading as Charter Tax

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Equipment	25% Straight line
Fixtures and fittings	25% Reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	5 / 10 Years straight line

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Charter Tax Consulting Limited

trading as Charter Tax

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 46 (2024 - 48).

Charter Tax Consulting Limited

trading as Charter Tax

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

4	Intangible assets

	Goodwill  £	Total £
Cost or valuation
At 1 July 2024	1,768,989	1,768,989
Additions acquired separately	40,000	40,000
At 30 June 2025	1,808,989	1,808,989
Amortisation
At 1 July 2024	718,247	718,247
Amortisation charge	149,276	149,276
At 30 June 2025	867,523	867,523
Carrying amount
At 30 June 2025	941,466	941,466
At 30 June 2024	1,050,742	1,050,742

5	Tangible assets

	Furniture, fittings and equipment  £	Total £
Cost or valuation
At 1 July 2024	198,362	198,362
Additions	32,863	32,863
Disposals	(44,077)	(44,077)
At 30 June 2025	187,148	187,148
Depreciation
At 1 July 2024	150,155	150,155
Charge for the year	27,216	27,216
Eliminated on disposal	(44,077)	(44,077)
At 30 June 2025	133,294	133,294
Carrying amount
At 30 June 2025	53,854	53,854
At 30 June 2024	48,207	48,207

Charter Tax Consulting Limited

trading as Charter Tax

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2025

6	Investments

	2025 £	2024 £
Investments in subsidiaries	250,304	250,304