Company registration number 03157633 (England and Wales)
ECONOMIC PERSPECTIVES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
PAGES FOR FILING WITH REGISTRAR
ECONOMIC PERSPECTIVES LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
ECONOMIC PERSPECTIVES LIMITED
BALANCE SHEET
AS AT
31 JULY 2025
31 July 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
962
212
Current assets
Debtors
5
16,554
2,865
Cash at bank and in hand
86,171
95,886
102,725
98,751
Creditors: amounts falling due within one year
6
(23,704)
(20,015)
Net current assets
79,021
78,736
Net assets
79,983
78,948
Capital and reserves
Called up share capital
202
202
Profit and loss reserves
79,781
78,746
Total equity
79,983
78,948

For the financial year ended 31 July 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 5 January 2026 and are signed on its behalf by:
Dr P J Warburton
Director
Company registration number 03157633 (England and Wales)
ECONOMIC PERSPECTIVES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2025
- 2 -
1
Accounting policies
Company information

Economic Perspectives Limited is a private company limited by shares incorporated in England and Wales. The registered office is 85 Great Portland Street, London, W1W 7LT.

1.1
Basis of preparation

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 are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

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 financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes.

1.3
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:

Computers
25% on cost

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.

1.4
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible 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.

1.5
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

ECONOMIC PERSPECTIVES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
1
Accounting policies
(Continued)
- 3 -
1.6
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.

1.7
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.

1.8
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.

1.9
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.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

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.

1.10
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
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

ECONOMIC PERSPECTIVES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JULY 2025
- 4 -
3
Employees

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

2025
2024
Number
Number
Total
1
1
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 August 2024
2,372
Additions
1,141
At 31 July 2025
3,513
Depreciation and impairment
At 1 August 2024
2,160
Depreciation charged in the year
391
At 31 July 2025
2,551
Carrying amount
At 31 July 2025
962
At 31 July 2024
212
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Other debtors
16,554
2,865
6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
893
583
Corporation tax
1,112
460
Other taxation and social security
1,326
1,231
Other creditors
20,373
17,741
23,704
20,015
2025-07-31 2024-08-01 false false false CCH Software CCH Accounts Production 2025.200 No description of principal activity Dr P J Warburton Mr J D Warburton Mr J D Warburton 03157633 2024-08-01 2025-07-31 03157633 2025-07-31 03157633 2024-07-31 03157633 core:OtherPropertyPlantEquipment 2025-07-31 03157633 core:OtherPropertyPlantEquipment 2024-07-31 03157633 core:ShareCapital 2025-07-31 03157633 core:ShareCapital 2024-07-31 03157633 core:RetainedEarningsAccumulatedLosses 2025-07-31 03157633 core:RetainedEarningsAccumulatedLosses 2024-07-31 03157633 bus:Director1 2024-08-01 2025-07-31 03157633 core:ComputerEquipment 2024-08-01 2025-07-31 03157633 2023-08-01 2024-07-31 03157633 core:OtherPropertyPlantEquipment 2024-07-31 03157633 core:OtherPropertyPlantEquipment 2024-08-01 2025-07-31 03157633 core:WithinOneYear 2025-07-31 03157633 core:WithinOneYear 2024-07-31 03157633 core:CurrentFinancialInstruments 2025-07-31 03157633 core:CurrentFinancialInstruments 2024-07-31 03157633 bus:PrivateLimitedCompanyLtd 2024-08-01 2025-07-31 03157633 bus:SmallCompaniesRegimeForAccounts 2024-08-01 2025-07-31 03157633 bus:FRS102 2024-08-01 2025-07-31 03157633 bus:AuditExempt-NoAccountantsReport 2024-08-01 2025-07-31 03157633 bus:Director2 2024-08-01 2025-07-31 03157633 bus:CompanySecretary1 2024-08-01 2025-07-31 03157633 bus:FullAccounts 2024-08-01 2025-07-31 xbrli:pure xbrli:shares iso4217:GBP