REGISTERED NUMBER: 07008023 (England and Wales)

Unaudited Financial Statements

for the Year Ended 30 September 2025

for

Psychology Direct Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr A M Banham

REGISTERED OFFICE:

156 South Street

Dorking

RH4 2HF

BUSINESS ADDRESS:

PO Box 497

Leatherhead

Surrey

KT22 2PD

REGISTERED NUMBER:

07008023 (England and Wales)

ACCOUNTANTS:

Bullimores LLP

Chartered Accountants

Old Printers Yard

156 South Street

Dorking

Surrey

RH4 2HF

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,574

1,441

1,574

1,441

CURRENT ASSETS

Debtors

6

722,768

817,293

Cash at bank

1,343,266

1,330,307

2,066,034

2,147,600

CREDITORS

Amounts falling due within one year

7

648,614

1,085,582

NET CURRENT ASSETS

1,417,420

1,062,018

TOTAL ASSETS LESS CURRENT LIABILITIES

1,418,994

1,063,459

PROVISIONS FOR LIABILITIES

-

360

NET ASSETS

1,418,994

1,063,099

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

1,418,992

1,063,097

SHAREHOLDERS' FUNDS

1,418,994

1,063,099

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 4 June 2026 and were signed by:

Mr A M Banham - Director

1.	STATUTORY INFORMATION

Psychology Direct 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.

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.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents amounts invoiced, net of VAT, in respect of remedial and consulting psychology services provided to clients. Amounts invoiced are recognised as revenue when the company has provided the service and obtained the right to consideration.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, was amortised evenly over its estimated useful life of five years.

Intangible assets

The computer software is measured at cost. After initial recognition, the computer software is measured at cost less any accumulated amortisation over its estimated useful life of 3 or 4 years.

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

-

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.

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 20 (2024 - 19 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

Goodwill

assets

Totals

£

£

£

COST

At 1 October 2024

and 30 September 2025

43,059

26,158

69,217

AMORTISATION

At 1 October 2024

and 30 September 2025

43,059

26,158

69,217

NET BOOK VALUE

At 30 September 2025

-

-

-

At 30 September 2024

-

-

-

5.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 October 2024

11,698

Additions

1,297

At 30 September 2025

12,995

DEPRECIATION

At 1 October 2024

10,257

Charge for year

1,164

At 30 September 2025

11,421

NET BOOK VALUE

At 30 September 2025

1,574

At 30 September 2024

1,441

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

702,357

802,197

Other debtors

2,423

1,943

Accrued income

1,966

-

Prepayments

16,022

13,153

722,768

817,293

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade creditors

559,660

728,676

Tax

46,157

223,596

Social security and other taxes

10,878

7,382

VAT

11,435

38,536

Other creditors

5,741

3,077

Accruals and deferred income

14,743

84,315

648,614

1,085,582

8.	RELATED PARTY DISCLOSURES

Mr A M Banham is the sole director and shareholder of Psychology Direct Limited.

At the year end, the company owed £2,423 by The Autism Assessment Service Ltd, a company of which Mr A Banham is a director and shareholder.

9.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr A M Banham.