Company Registration No. 03372355 (England and Wales)
STRATEGIC NETWORK CONSULTING LIMITED
TRADING AS METHOD IT
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2025
PAGES FOR FILING WITH REGISTRAR
STRATEGIC NETWORK CONSULTING LIMITED
TRADING AS METHOD IT
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
STRATEGIC NETWORK CONSULTING LIMITED
TRADING AS METHOD IT
BALANCE SHEET
AS AT
29 SEPTEMBER 2025
29 September 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
98,667
182,341
Current assets
Debtors
5
582,870
572,065
Cash at bank and in hand
683,152
530,561
1,266,022
1,102,626
Creditors: amounts falling due within one year
6
(585,998)
(537,074)
Net current assets
680,024
565,552
Total assets less current liabilities
778,691
747,893
Creditors: amounts falling due after more than one year
7
-
0
(109,883)
Provisions for liabilities
(21,717)
(42,016)
Net assets
756,974
595,994
Capital and reserves
Called up share capital
200
200
Profit and loss reserves
756,774
595,794
Total equity
756,974
595,994
STRATEGIC NETWORK CONSULTING LIMITED
TRADING AS METHOD IT
BALANCE SHEET (CONTINUED)
AS AT
29 SEPTEMBER 2025
29 September 2025
- 2 -

For the financial year ended 29 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 26 December 2025 and are signed on its behalf by:
MP Sullivan
LE Sullivan
Director
Director
Company registration number 03372355 (England and Wales)
STRATEGIC NETWORK CONSULTING LIMITED
TRADING AS METHOD IT
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 SEPTEMBER 2025
- 3 -
1
Accounting policies
Company information

Strategic Network Consulting Limited is a private company limited by shares incorporated in England and Wales. The registered office is Ground Floor, Ash House, Journeymans Way, Southend-on-Sea, Essex, SS2 5TF.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of certain financial instruments at fair value. The principal accounting policies adopted are set out below.

1.2
Turnover

Contracts and support services income represents revenue earned under a wide variety of contracts to

provide professional services. Revenue is recognised as earned when, and to the extent that, the firm

obtains the right to consideration in exchange for its performance under these contracts. It is measured at

the fair value of the right to consideration, which represents amounts chargeable to clients, including

expenses and disbursements but excluding value added tax.

Revenue is generally recognised as contract activity progresses so that for incomplete contracts it reflects

the partial performance of the contractual obligations. For such contracts the amount of revenue reflects

the value of work performed. Income received in excess of the relevant amount of revenue is included in

creditors as deferred income.

1.3
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Licenses
3 year straight line per annum
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings improvements
10 year straight line per annum
Fixtures, fittings and equipment
4 year and 3 year straight line per annum
Motor vehicles
Over term of lease agreement

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

STRATEGIC NETWORK CONSULTING LIMITED
TRADING AS METHOD IT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 4 -
1.5
Fixed asset investments

In vestments are initially measured at transaction price excluding transaction costs, and are subsequently measured at fair value at each reporting date. Changes in fair value are recognised in other comprehensive income except to the extent that a gain reverses a loss previously recognised in profit or loss, or a loss exceeds the accumulated gains recognised in equity; such gains and loss are recognised in profit or loss.

1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.7
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

STRATEGIC NETWORK CONSULTING LIMITED
TRADING AS METHOD IT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.8
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.9
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.10
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.11
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

STRATEGIC NETWORK CONSULTING LIMITED
TRADING AS METHOD IT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 6 -
1.12
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease s asset are consumed.

1.13
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
10
10
3
Intangible fixed assets
Other
£
Cost
At 30 September 2024 and 29 September 2025
204,500
Amortisation and impairment
At 30 September 2024 and 29 September 2025
204,500
Carrying amount
At 29 September 2025
-
0
At 29 September 2024
-
0
STRATEGIC NETWORK CONSULTING LIMITED
TRADING AS METHOD IT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 SEPTEMBER 2025
- 7 -
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 30 September 2024
9,085
696,329
705,414
Additions
-
0
18,237
18,237
Disposals
-
0
(465,023)
(465,023)
At 29 September 2025
9,085
249,543
258,628
Depreciation and impairment
At 30 September 2024
3,609
519,464
523,073
Depreciation charged in the year
901
54,475
55,376
Eliminated in respect of disposals
-
0
(418,488)
(418,488)
At 29 September 2025
4,510
155,451
159,961
Carrying amount
At 29 September 2025
4,575
94,092
98,667
At 29 September 2024
5,476
176,865
182,341
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
424,003
485,133
Other debtors
158,867
86,932
582,870
572,065
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
166,362
162,365
Taxation and social security
281,512
287,844
Other creditors
138,124
86,865
585,998
537,074

Net obligations under hire purchase contracts included within other creditors, are secured by fixed charges on the assets concerned.

STRATEGIC NETWORK CONSULTING LIMITED
TRADING AS METHOD IT
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 29 SEPTEMBER 2025
- 8 -
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Other creditors
-
0
109,883

Net obligations under hire purchase contracts included within other creditors, are secured by fixed charges on the assets concerned.

8
Related party transactions

Included within debtors is an amount totalling £77 (2024:£277) owed to the parent company.

There is no fixed repayment schedule and no interest payable on this balance.

9
Operating lease commitments
As lessee

At the reporting end date the company had outstanding commitments for future minimum lease payments under non-cancellable operating leases, as follows:

2025
2024
£
£
Total commitments
40,614
25,667
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