Octagon Consultancy Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07787430 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

Octagon Consultancy Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R I S Adams

L A Brown

REGISTERED OFFICE:

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

REGISTERED NUMBER:

07787430 (England and Wales)

ACCOUNTANTS:

Dunkley's

Woodlands Grange

Woodlands Lane

Bradley Stoke

Bristol

United Kingdom

BS32 4JY

FIXED ASSETS

Intangible assets

4

-

Tangible assets

5

22,592

21,331

22,592

21,331

CURRENT ASSETS

Debtors

6

1,119,931

165,657

Cash at bank and in hand

475,947

1,156,230

1,595,878

1,321,887

CREDITORS

Amounts falling due within one year

7

262,406

194,715

NET CURRENT ASSETS

1,333,472

1,127,172

TOTAL ASSETS LESS CURRENT LIABILITIES

1,356,064

1,148,503

PROVISIONS FOR LIABILITIES

5,648

5,332

NET ASSETS

1,350,416

1,143,171

CAPITAL AND RESERVES

Called up share capital

9

1,189

Share premium

10

149,732

Retained earnings

10

1,199,495

992,250

SHAREHOLDERS' FUNDS

1,350,416

1,143,171

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 21 May 2026 and were signed on its behalf by:

R I S Adams - Director

1.	STATUTORY INFORMATION

Octagon Consultancy 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 represents commissions earned from consultancy services provided within the United Kingdom and is recognised as the services are performed, net of Value Added Tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a client bank in 2014, and was fully amortised after 3 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.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33.33% on cost

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

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 13 (2024 - 13 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

225,000

AMORTISATION

At 1 January 2025

and 31 December 2025

225,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

and

Computer

fittings

equipment

Totals

£

COST

At 1 January 2025

27,527

20,777

48,304

Additions

436

9,437

9,873

Disposals

-

(8,462

)

(8,462

)

At 31 December 2025

27,963

21,752

49,715

DEPRECIATION

At 1 January 2025

11,272

15,701

26,973

Charge for year

2,474

5,035

7,509

Eliminated on disposal

-

(7,359

)

(7,359

)

At 31 December 2025

13,746

13,377

27,123

NET BOOK VALUE

At 31 December 2025

14,217

8,375

22,592

At 31 December 2024

16,255

5,076

21,331

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

145,971

122,884

Other debtors

965,220

28,870

Directors' current accounts

25

-

Prepayments

8,715

13,903

1,119,931

165,657

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade creditors

8,999

10,604

Tax

173,598

138,923

Social security and other taxes

22,131

18,998

VAT

1,798

14,154

Other creditors

41,898

5,173

Directors' current accounts

7,906

77

Accrued expenses

6,076

6,786

262,406

194,715

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.25

31.12.24

£

Within one year

18,021

Between one and five years

12,013

30,034

48,055

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

950

Ordinary

£1

950

2

Ordinary B

£1

2

118

Ordinary C

£1

118

Ordinary D

£1

118

1

Ordinary E

£1

1

1,189

10.

RESERVES

Retained

Share

earnings

premium

Totals

£

At 1 January 2025

992,250

149,732

1,141,982

Profit for the year

485,041

Dividends

(277,796

)

(277,796

)

At 31 December 2025

1,199,495

149,732

1,349,227

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

R I S Adams

Balance outstanding at start of year

77

294

Amounts advanced

125,550

222

Amounts repaid

(125,652

)

(439

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(25

)

77

At the year end the director R Adams owed the company £25. This was repaid within 9 months of the year end.

12.	RELATED PARTY DISCLOSURES

Included within other debtors is a loan to Octagon CWM Ltd, an associated company. At the year end, the balance outstanding was £965,150 (2024: £28,800). The loan is interest-free, unsecured and repayable on demand.