Contents of the Financial Statements

for the Period Ended 31 July 2025

Profit And Loss Account

for the Period Ended 31 July 2025

Balance sheet

As at 31 July 2025

The notes form part of these financial statements

Balance sheet statements

For the year ending 31 July 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 July 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Tangible fixed assets depreciation policy

  Tangible fixed assets Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses. Cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Freehold buildings: 2% – 2.5% per annum straight line (over 40–50 years) Leasehold improvements: straight line over the remaining period of the lease Fixtures, fittings and equipment: 10% – 25% per annum straight line Computer equipment: 25% – 33.3% per annum straight line Motor vehicles: 20% – 25% per annum straight line Tools and small equipment: 20% – 50% per annum straight line The useful economic lives of assets and their residual values are reviewed on an annual basis and amended where necessary. Any changes are accounted for prospectively as a change in accounting estimate. Depreciation is charged from the date the asset is available for use (i.e. when it is brought into service). Assets are depreciated on a pro-rata basis in the year of acquisition and in the year of disposal (where material). No depreciation is provided on freehold land as it is considered to have an indefinite useful life. The carrying values of tangible fixed assets are reviewed for impairment at each reporting date and whenever events or changes in circumstances indicate that the carrying value may not be recoverable. If any such indication exists and where the carrying values exceed the estimated recoverable amount, the assets or cash-generating units are written down to their recoverable amount.

  Intangible fixed assets amortisation policy

  Intangible fixed assets Intangible fixed assets are stated at cost less accumulated amortisation and accumulated impairment losses. Cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management. Amortisation is provided on all intangible fixed assets at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: Goodwill: straight line over 5 to 20 years (depending on the nature of the acquired business and expected economic benefits) Computer software and licences: 20% – 33.3% per annum straight line (3–5 years) Website development costs: straight line over 3–5 years Other intangible assets (e.g. patents, trademarks): straight line over the expected useful economic life (typically 5–10 years) The useful economic lives of assets and their residual values are reviewed on an annual basis and amended where necessary. Any changes are accounted for prospectively as a change in accounting estimate. Amortisation is charged from the date the asset is available for use (i.e. when it is brought into service). Assets are amortised on a pro-rata basis in the year of acquisition and in the year of disposal (where material). Residual value is assumed to be £nil for all intangible assets unless evidence exists to the contrary. The carrying values of intangible fixed assets are reviewed for impairment at each reporting date and whenever events or changes in circumstances indicate that the carrying value may not be recoverable. If any such indication exists and where the carrying values exceed the estimated recoverable amount, the assets or cash-generating units are written down to their recoverable amount.

Notes to the Financial Statements

for the Period Ended 31 July 2025

• 2. Employees

  	13 months to 31 July 2025
  Average number of employees during the period	0