REGISTERED NUMBER: 03578662 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

READ CONSULTANTS LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Director:

M A Read

Registered office:

162 Albany

Manor Road

Bournemouth

BH1 3EW

Registered number:

03578662 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

3,155

3,506

Current assets

Debtors

5

592

2,492

Cash at bank

21,420

266,239

22,012

268,731

Creditors

Amounts falling due within one year

6

32,891

209,560

Net current (liabilities)/assets

(10,879

)

59,171

Total assets less current liabilities

(7,724

)

62,677

Capital and reserves

Called up share capital

7

800

800

Retained earnings

8

(8,524

)

61,877

Shareholders' funds

(7,724

)

62,677

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 11 June 2026 and were signed by:

M A Read - Director

1.	Statutory information

Read Consultants Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Key source of estimation, uncertainty and judgement

The preparation of financial statements in conformity with generally accepted accounting practice requires

management to make estimates and judgement that affect the reported amounts of assets and liabilities as well as the disclosure of contingent assets and liabilities at the balance sheet date and the reported amounts of revenues and expenses during the reporting period.

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.

Computer equipment

-

10% on cost

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

Taxation

Taxation for the year comprises current tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

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 1 (2024 - 1 ) .

4.	Tangible fixed assets

Computer

equipment

£

Cost

At 1 October 2024

and 30 September 2025

18,338

Depreciation

At 1 October 2024

14,832

Charge for year

351

At 30 September 2025

15,183

Net book value

At 30 September 2025

3,155

At 30 September 2024

3,506

5.

Debtors: amounts falling due within one year

2025

2024

£

£

Trade debtors

571

1,895

VAT

21

597

592

2,492

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Tax

-

268

Directors' current accounts

31,528

208,029

Accrued expenses

1,363

1,263

32,891

209,560

7.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

800

Ordinary

£1

800

800

8.

Reserves

Retained

earnings

£

At 1 October 2024

61,877

Deficit for the year

(70,401

)

At 30 September 2025

(8,524

)