Company Registration No. 14838388 (England and Wales)
Payne Consulting Ltd
Unaudited accounts
for the year ended 31 March 2026
Payne Consulting Ltd
Unaudited accounts
Contents
Payne Consulting Ltd
Company Information
for the year ended 31 March 2026
Company Number
14838388 (England and Wales)
Registered Office
87 Redwing Road
Clanfield
Waterlooville
Hampshire
PO8 0LX
England
Accountants
Weald Accounting Limited
87 Redwing Road
Clanfield
Waterlooville
Hampshire
PO8 0LX
Payne Consulting Ltd
Statement of financial position
as at 31 March 2026
Tangible assets
11,327
6,006
Cash at bank and in hand
70,519
1,122
Creditors: amounts falling due within one year
(124,028)
(28,222)
Net current assets/(liabilities)
66,446
(5,601)
Called up share capital
1
1
Profit and loss account
77,772
404
Shareholders' funds
77,773
405
For the year ending 31 March 2026 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 9 June 2026 and were signed on its behalf by
Alfie Payne
Director
Company Registration No. 14838388
Payne Consulting Ltd
Notes to the Accounts
for the year ended 31 March 2026
Payne Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 14838388. The registered office is 87 Redwing Road, Clanfield, Waterlooville, Hampshire, PO8 0LX, England.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% straight line
4
Tangible fixed assets
Computer equipment
Payne Consulting Ltd
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
Trade debtors
109,501
15,507
Accrued income and prepayments
2,741
734
6
Creditors: amounts falling due within one year
2026
2025
Trade creditors
24,654
8,223
Taxes and social security
54,195
7,487
Other creditors
14,692
13,945
Loans from directors
22,375
(2,688)
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loans
2,688
-
25,063
(22,375)
8
Average number of employees
During the year the average number of employees was 1 (2025: 1).