Company Registration No. 10286923 (England and Wales)
The Common Sense Approach Limited
Unaudited accounts
for the year ended 31 July 2025
The Common Sense Approach Limited
Unaudited accounts
Contents
The Common Sense Approach Limited
Company Information
for the year ended 31 July 2025
Director
Daniel John Maines
Company Number
10286923 (England and Wales)
Registered Office
25 Newlyn Way
Port Solent
Portsmouth
Hampshire
PO6 4TN
The Common Sense Approach Limited
Statement of financial position
as at 31 July 2025
Tangible assets
5,876
7,836
Cash at bank and in hand
-
507
Creditors: amounts falling due within one year
(17,616)
(18,276)
Net current liabilities
(17,616)
(17,616)
Net liabilities
(11,740)
(9,780)
Called up share capital
200
200
Profit and loss account
(11,940)
(9,980)
Shareholders' funds
(11,740)
(9,780)
For the year ending 31 July 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 24 April 2026 and were signed on its behalf by
Daniel John Maines
Director
Company Registration No. 10286923
The Common Sense Approach Limited
Notes to the Accounts
for the year ended 31 July 2025
The Common Sense Approach Limited is a private company, limited by shares, registered in England and Wales, registration number 10286923. The registered office is 25 Newlyn Way, Port Solent, Portsmouth, Hampshire, PO6 4TN.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% Reducing Balance Basis
Motor vehicles
25% Reducing Balance Basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 August 2024
575
32,000
32,575
At 31 July 2025
575
32,000
32,575
At 1 August 2024
333
24,406
24,739
Charge for the year
61
1,899
1,960
At 31 July 2025
394
26,305
26,699
At 31 July 2025
181
5,695
5,876
At 31 July 2024
242
7,594
7,836
Amounts falling due within one year
The Common Sense Approach Limited
Notes to the Accounts
for the year ended 31 July 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
-
1,750
Loans from directors
17,616
16,526
7
Average number of employees
During the year the average number of employees was 0 (2024: 0).