Company No: 06011508 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	Edward James Henebury
	Katie Henebury

SECRETARY

Katie Henebury

REGISTERED OFFICE	1 Cardale Park
	Beckwith Head Road
	Harrogate
	HG3 1RY
	United Kingdom

COMPANY NUMBER

06011508 (England and Wales)

ACCOUNTANT	Morrell Middleton Auditors Ltd Chartered Certified Accountants
	Wellington House
	Aviator Court
	York
	YO30 4UZ

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	0		3,774
Tangible assets	4	122,718		115,798
		122,718		119,572
Current assets
Debtors	5	183,826		223,119
Cash at bank and in hand	6	168,007		31,743
		351,833		254,862
Creditors: amounts falling due within one year	7	( 382,744)		( 248,963)
Net current (liabilities)/assets		(30,911)		5,899
Total assets less current liabilities		91,807		125,471
Creditors: amounts falling due after more than one year	8	( 71,264)		( 130,855)
Net assets/(liabilities)		20,543		( 5,384)
Capital and reserves
Called-up share capital	9	50		50
Profit and loss account		20,493		( 5,434 )
Total shareholders' funds/(deficit)		20,543		( 5,384)

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

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year 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; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Progressive Steps Limited (registered number: 06011508) were approved and authorised for issue by the Board of Directors on 23 December 2025. They were signed on its behalf by:

Katie Jane Henebury Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Progressive Steps Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 1 Cardale Park, Beckwith Head Road, Harrogate, HG3 1RY, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

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. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill	23 years straight line
Other intangible assets	1 years straight line

Goodwill

Goodwill arises on business combination and represents any excess of consideration given over the fair value of the identifiable assets and liabilities acquired. Goodwill is initially recognised as an intangible asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is amortised on a straight line basis over its useful economic life, which is 23 years.

Other intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Plant and machinery etc.

20 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

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.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	40		38

3. Intangible assets

	Goodwill		Other intangible assets		Total
	£		£		£
Cost
At 01 May 2024	66,300		98,334		164,634
At 30 April 2025	66,300		98,334		164,634
Accumulated amortisation
At 01 May 2024	62,526		98,334		160,860
Charge for the financial year	3,774		0		3,774
	0		0		0
At 30 April 2025	66,300		98,334		164,634
Net book value
At 30 April 2025	0		0		0
At 30 April 2024	3,774		0		3,774

4. Tangible assets

	Plant and machinery etc.		Total
	£		£
Cost
At 01 May 2024	409,262		409,262
Additions	33,541		33,541
	0		0
At 30 April 2025	442,803		442,803
Accumulated depreciation
At 01 May 2024	293,464		293,464
Charge for the financial year	26,621		26,621
rounding	0		0
At 30 April 2025	320,085		320,085
Net book value
At 30 April 2025	122,718		122,718
At 30 April 2024	115,798		115,798

5. Debtors

	2025		2024
	£		£
Other debtors	183,826		223,119

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	168,007		31,743

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	57,307		54,526
Trade creditors	76,485		43,526
Taxation and social security	96,626		49,081
Obligations under finance leases and hire purchase contracts	2,218		1,830
Other creditors	150,108		100,000
	382,744		248,963

8. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	65,558		122,877
Obligations under finance leases and hire purchase contracts	5,706		7,978
	71,264		130,855

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
50 Ordinary shares of £ 1.00 each	50		50