Corus Consultancy Ltd

	Page
Company Information	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

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Balance Sheet

As At 31 August 2025

Balance Sheet

Registered number: 07344223

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		6,205		10,191
Tangible Assets	5		41,900		55,866

			48,105		66,057
CURRENT ASSETS
Debtors	6	746,441		789,626
Cash at bank and in hand		502,980		371,655

		1,249,421		1,161,281
Creditors: Amounts Falling Due Within One Year	7	(708,150 )		(708,309 )

NET CURRENT ASSETS (LIABILITIES)			541,271		452,972

TOTAL ASSETS LESS CURRENT LIABILITIES			589,376		519,029

Creditors: Amounts Falling Due After More Than One Year	8		-		(11,231 )

NET ASSETS			589,376		507,798

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			589,374		507,796

SHAREHOLDERS' FUNDS			589,376		507,798

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Corus Consultancy Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 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 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 company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Jatinder Manku

Director

20/02/2026

The notes on pages 4 to 7 form part of these financial statements.

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Corus Consultancy Ltd

Notes to the Financial Statements

For The Year Ended 31 August 2025

Notes to the Financial Statements

1. General Information

Corus Consultancy Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 07344223 . The registered office is Corus House, 1 Elmira Street, London, SE13 7GS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

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

2.2. Going Concern Disclosure

At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

2.3. Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services

provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair

value of consideration takes into account trade discounts, settlement discounts and volume rebates.

When cash inflows are deferred and represent a financing arrangement, the fair value of the consideration is

the present value of the future receipts. The difference between the fair value of the consideration and the

nominal amount received is recognised as interest income.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the

goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured

reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the

costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from contracts for the provision of professional services is recognised by reference to the stage of

completion when the stage of completion, costs incurred and costs to complete can be estimated reliably. The

stage of completion is calculated by comparing costs incurred, mainly in relation to contractual hourly staff

rates and materials, as a proportion of total costs. Where the outcome cannot be estimated reliably, revenue

is recognised only to the extent of the expenses recognised that it is probable will be recovered.

2.4. Intangible Fixed Assets and Amortisation - Other Intangible

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured

at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the

acquisition date where it is probable that the expected future economic benefits that are attributable to the

asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises

from contractual or other legal rights; and the intangible asset is separable from the entity

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their

useful lives on the following bases:

Right of Use Asset Straight Line method

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Corus Consultancy Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of

depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their

useful lives on the following bases:

Plant & Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Fixtures & Fittings	25% Reducing Balance
Computer Equipment	25% Reducing Balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds

and the carrying value of the asset, and is credited or charged to profit or loss.

2.6. Financial Instruments

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of

business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.7. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 15 (2024: 15)

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Corus Consultancy Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Intangible Assets

	Other
	£
Cost
As at 1 September 2024	64,829
Additions	9,324

As at 31 August 2025	74,153

Amortisation
As at 1 September 2024	54,638
Provided during the period	13,310

As at 31 August 2025	67,948

Net Book Value
As at 31 August 2025	6,205

As at 1 September 2024	10,191

5. Tangible Assets

	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 September 2024	11,833	179,850	51,493	243,176

As at 31 August 2025	11,833	179,850	51,493	243,176

Depreciation
As at 1 September 2024	5,496	148,617	33,197	187,310
Provided during the period	1,584	7,808	4,574	13,966

As at 31 August 2025	7,080	156,425	37,771	201,276

Net Book Value
As at 31 August 2025	4,753	23,425	13,722	41,900

As at 1 September 2024	6,337	31,233	18,296	55,866

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	728,664	769,381
Prepayments and accrued income	12,001	12,720
Other debtors	5,776	-
Corporation tax recoverable assets	-	7,525

	746,441	789,626

Trade debtors balance £728,664 is relating to an invoice finance arrangement which is subject to a debenture (fixed and floating charge) over the company’s assets held by Giant Finance + Limited (previously Oriel Support Limited), the company’s finance provider registered at Companies House on 1 October 2010.

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Corus Consultancy Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	33,389	46,649
Bank loans and overdrafts	8,414	10,289
Corporation tax	46,020	-
Other taxes and social security	50,344	41,161
Other creditors	569,983	610,210

	708,150	708,309

Bank loans is a balance of £8,414 that represents instalments payable by the company towards the Bounce Back Loan in the next 12 months. The government has guaranteed 100% of the loan. The length of the loan is 6 years and the interest rate will be 2.5% a year.

Included within other creditors is a balance of £554,787 relating to an invoice finance arrangement which is subject to a debenture (fixed and floating) over the company’s assets held by Giant Finance + Limited (previously Oriel Support Limited), the company’s finance provider registered at Companies House on 1 October 2010.

Included within the other creditors there is a balance of £9,918 that represents rentals payable by the company for Company Cars in the next 12 months.

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Other loans	-	8,773
Other creditors	-	2,458

	-	11,231

Other Loans consist of Bank loans and overdrafts which has now only short term portion of loan: The government has guaranteed 100% of the loan. The length of the loan is 6 years and the interest rate will be 2.5% a year.

No longterm loan and rentals payable by the company for Company Car in the future only short term portion is payable.

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2	2

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Directors	Mr Kuldeep Sangar
	Mr Jatinder Manku

Company Number	07344223

Registered Office	Corus House
	1 Elmira Street
	London
	SE13 7GS

Accountants	Giant Finance Accounts Limited
	Festival House
	Jessop Avenue
	Cheltenham
	GL50 3SH