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Company Registration No. 6017727 (England and Wales)
PRINCIPAL CONSULTANCY LIMITED Unaudited accounts for the year ended 31 December 2025
PRINCIPAL CONSULTANCY LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PRINCIPAL CONSULTANCY LIMITED Company Information for the year ended 31 December 2025
Director
Nwora Eze
Company Number
6017727 (England and Wales)
Registered Office
3RD FLOOR 207 REGENT STREET LONDON W1B 3HH UK
Accountants
Lunar Accountancy Ltd 41 Lancaster Gate London W2 3NA
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PRINCIPAL CONSULTANCY LIMITED Statement of financial position as at 31 December 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
109
145
Current assets
Debtors
5
172,173
175,516
Cash at bank and in hand
220
1,828
172,393
177,344
Creditors: amounts falling due within one year
6
(31,935)
(32,255)
Net current assets
140,458
145,089
Total assets less current liabilities
140,567
145,234
Creditors: amounts falling due after more than one year
7
(13,010)
(14,394)
Net assets
127,557
130,840
Capital and reserves
Called up share capital
10
10
Profit and loss account
127,547
130,830
Shareholders' funds
127,557
130,840
For the year ending 31 December 2025 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 8 March 2026 and were signed on its behalf by
Nwora Eze Director Company Registration No. 6017727
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PRINCIPAL CONSULTANCY LIMITED Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
PRINCIPAL CONSULTANCY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 6017727. The registered office is 3RD FLOOR, 207 REGENT STREET, LONDON, W1B 3HH, UK.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
20% reducing balance
4
Tangible fixed assets
Computer equipment
£
Cost or valuation
At cost
At 1 January 2025
3,224
At 31 December 2025
3,224
Depreciation
At 1 January 2025
3,079
Charge for the year
36
At 31 December 2025
3,115
Net book value
At 31 December 2025
109
At 31 December 2024
145
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Other debtors
172,173
175,516
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PRINCIPAL CONSULTANCY LIMITED Notes to the Accounts for the year ended 31 December 2025
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
8,244
8,244
Taxes and social security
22,041
22,061
Accruals
1,650
1,950
31,935
32,255
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
13,010
14,394
8
Average number of employees
During the year the average number of employees was 1 (2024: 1).
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