REGISTERED NUMBER: 09383253 (England and Wales)

Financial Statements for the Year Ended 31 January 2026

for

Current Direction Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J O'Connor

E Wilkins

REGISTERED OFFICE:

45 Heathway

Erith

Dartford

DA8 3LZ

REGISTERED NUMBER:

09383253 (England and Wales)

ACCOUNTANTS:

J.Y. Limited

Rangefield Court

Farnham Trading Estate

Farnham

Surrey

GU9 9NP

FIXED ASSETS

Tangible assets

4

10,530

11,730

CURRENT ASSETS

Stocks

1,000

1,975

Debtors

5

446,767

257,779

Cash at bank

171,977

150,175

619,744

409,929

CREDITORS

Amounts falling due within one year

6

274,114

155,111

NET CURRENT ASSETS

345,630

254,818

TOTAL ASSETS LESS CURRENT LIABILITIES

356,160

266,548

CREDITORS

Amounts falling due after more than one year

7

-

4,167

NET ASSETS

356,160

262,381

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

356,060

262,281

SHAREHOLDERS' FUNDS

356,160

262,381

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 April 2026 and were signed on its behalf by:

J O'Connor - Director

E Wilkins - Director

1.	STATUTORY INFORMATION

Current Direction Limited 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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Plant and machinery

-

25% on cost

Computer equipment

-

33% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 7 (2025 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Computer

machinery

equipment

Totals

£

£

£

COST

At 1 February 2025

66,716

8,082

74,798

Additions

2,048

5,645

7,693

At 31 January 2026

68,764

13,727

82,491

DEPRECIATION

At 1 February 2025

56,266

6,802

63,068

Charge for year

5,743

3,150

8,893

At 31 January 2026

62,009

9,952

71,961

NET BOOK VALUE

At 31 January 2026

6,755

3,775

10,530

At 31 January 2025

10,450

1,280

11,730

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

£

COST

At 1 February 2025

and 31 January 2026

32,300

DEPRECIATION

At 1 February 2025

and 31 January 2026

32,300

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

152,010

57,357

Other debtors

294,757

200,422

446,767

257,779

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

4,167

10,000

Trade creditors

97,502

16,774

Taxation and social security

127,716

113,205

Other creditors

44,729

15,132

274,114

155,111

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans

-

4,167

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 January 2026 and 31 January 2025:

31.1.26

31.1.25

£

£

J O'Connor

Balance outstanding at start of year

30,209

-

Amounts advanced

28,380

30,209

Amounts repaid

(30,209

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

28,380

30,209

E Wilkins

Balance outstanding at start of year

25,359

-

Amounts advanced

20,985

25,359

Amounts repaid

(25,359

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,985

25,359

9.	RELATED PARTY DISCLOSURES

At the balance sheet date included withing Other Debtors is an amount of £34,965 (2025-£24,513) that represents money owed by Current Direction Renewable Energy Limited, £32,513 (2025-£19,356) that represents money owed by Current Direction Fire Solutions Limited and £160,650 (2025-£99,470) that represents money owed by OCW Investments Limited, companies related by common control and ownership.

Dividends are paid to the directors, Mr J O'Connor and Mr E Wilkins by virtue of their shareholding in the company.