Company registration number 10970807 (England and Wales)
CONSCIENT LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH REGISTRAR
CONSCIENT LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
CONSCIENT LIMITED
BALANCE SHEET
AS AT
31 MARCH 2025
31 March 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
4,668
5,855
Current assets
Debtors
5
90,182
13,920
Cash at bank and in hand
203,520
118,625
293,702
132,545
Creditors: amounts falling due within one year
6
(96,450)
(24,929)
Net current assets
197,252
107,616
Net assets
201,920
113,471
Capital and reserves
Called up share capital
300
300
Profit and loss reserves
201,620
113,171
Total equity
201,920
113,471

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.

T he member has 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 24 December 2025 and are signed on its behalf by:
Mr N Stevens
Director
Company registration number 10970807 (England and Wales)
CONSCIENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
- 2 -
1
Accounting policies
Company information

Conscient Limited is a private company limited by shares incorporated in England and Wales. The registered office is 151 Ferme Park Road, Crouch End, London, N8 9BP.

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 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. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents amounts received on an accruals basis.

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:

Fixtures and fittings
25% reducing balance
Computers
33.3% straight line

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
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand.

1.5
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.

CONSCIENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 3 -
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.

Basic financial liabilities

Basic financial liabilities, including creditors and bank loans 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.

1.6
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.

1.7
Taxation

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

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.

1.8
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.

1.9
Retirement benefits

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

CONSCIENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
1
Accounting policies
(Continued)
- 4 -
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.

3
Employees

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

2025
2024
Number
Number
Total
4
4
4
Tangible fixed assets
Fixtures and fittings
Computers
Total
£
£
£
Cost
At 1 April 2024
2,211
19,781
21,992
Additions
549
2,934
3,483
At 31 March 2025
2,760
22,715
25,475
Depreciation and impairment
At 1 April 2024
1,314
14,823
16,137
Depreciation charged in the year
362
4,308
4,670
At 31 March 2025
1,676
19,131
20,807
Carrying amount
At 31 March 2025
1,084
3,584
4,668
At 31 March 2024
897
4,958
5,855
CONSCIENT LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2025
- 5 -
5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
88,542
1,380
Other debtors
1,640
12,540
90,182
13,920

6
Creditors: amounts falling due within one year
2025
2024
£
£
Trade creditors
-
0
2,990
Corporation tax
54,066
2,702
Other taxation and social security
20,308
-
0
Other creditors
22,076
19,237
96,450
24,929
2025-03-31 2024-04-01 false false false 24 December 2025 CCH Software CCH Accounts Production 2025.300 No description of principal activity Mr N Stevens Mrs J Stevens 10970807 2024-04-01 2025-03-31 10970807 2025-03-31 10970807 2024-03-31 10970807 core:FurnitureFittings 2025-03-31 10970807 core:ComputerEquipment 2025-03-31 10970807 core:FurnitureFittings 2024-03-31 10970807 core:ComputerEquipment 2024-03-31 10970807 core:CurrentFinancialInstruments core:WithinOneYear 2025-03-31 10970807 core:CurrentFinancialInstruments core:WithinOneYear 2024-03-31 10970807 core:WithinOneYear 2025-03-31 10970807 core:WithinOneYear 2024-03-31 10970807 core:CurrentFinancialInstruments 2025-03-31 10970807 core:CurrentFinancialInstruments 2024-03-31 10970807 core:ShareCapital 2025-03-31 10970807 core:ShareCapital 2024-03-31 10970807 core:RetainedEarningsAccumulatedLosses 2025-03-31 10970807 core:RetainedEarningsAccumulatedLosses 2024-03-31 10970807 bus:Director1 2024-04-01 2025-03-31 10970807 core:FurnitureFittings 2024-04-01 2025-03-31 10970807 core:ComputerEquipment 2024-04-01 2025-03-31 10970807 2023-04-01 2024-03-31 10970807 core:FurnitureFittings 2024-03-31 10970807 core:ComputerEquipment 2024-03-31 10970807 2024-03-31 10970807 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 10970807 bus:FRS102 2024-04-01 2025-03-31 10970807 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 10970807 bus:Director2 2024-04-01 2025-03-31 10970807 bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 10970807 bus:FullAccounts 2024-04-01 2025-03-31 xbrli:pure xbrli:shares iso4217:GBP