Unaudited Financial Statements

for the Year Ended 31 July 2025

for

Abide Consulting Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs R Kaur

S Singh

REGISTERED OFFICE:

8-10 South Street

Epsom

Surrey

KT18 7PF

REGISTERED NUMBER:

14760343 (England and Wales)

ACCOUNTANTS:

Williams & Co Epsom LLP

Chartered Accountants

8-10 South Street

Epsom

Surrey

KT18 7PF

FIXED ASSETS

Intangible assets

4

315,500

355,000

Tangible assets

5

4,996

6,355

320,496

361,355

CURRENT ASSETS

Debtors

6

211,117

188,419

Cash at bank

105,040

7,549

316,157

195,968

CREDITORS

Amounts falling due within one year

7

256,925

167,802

NET CURRENT ASSETS

59,232

28,166

TOTAL ASSETS LESS CURRENT LIABILITIES

379,728

389,521

CREDITORS

Amounts falling due after more than one year

8

266,325

348,723

NET ASSETS

113,403

40,798

CAPITAL AND RESERVES

Called up share capital

10

1

1

Retained earnings

113,402

40,797

SHAREHOLDERS' FUNDS

113,403

40,798

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 January 2026 and were signed on its behalf by:

S Singh - Director

Mrs R Kaur - Director

1.	STATUTORY INFORMATION

Abide Consulting Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 37 (2024 - 33 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 August 2024

and 31 July 2025

395,000

AMORTISATION

At 1 August 2024

40,000

Charge for year

39,500

At 31 July 2025

79,500

NET BOOK VALUE

At 31 July 2025

315,500

At 31 July 2024

355,000

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 August 2024

6,590

Additions

345

At 31 July 2025

6,935

DEPRECIATION

At 1 August 2024

235

Charge for year

1,704

At 31 July 2025

1,939

NET BOOK VALUE

At 31 July 2025

4,996

At 31 July 2024

6,355

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

181,616

171,748

Other debtors

29,501

16,671

211,117

188,419

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

16,061

12,123

Amounts owed to group undertakings

40,000

-

Taxation and social security

180,293

117,164

Other creditors

20,571

38,515

256,925

167,802

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Other creditors

266,325

348,723

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Invoice Discounting

-

22,006

In March 2025, the Company created a charge to support its invoice discounting facility

The charge comprises both fixed and floating elements over certain assets of the Company, including all present and future property and undertaking, and contains a negative pledge restricting the creation of further security without the consent of the charge holder.

The facility was not being used at the year end.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary A

£1

1

1

11.	ULTIMATE CONTROLLING PARTY

The company is under the control of Parsillus Group Ltd.