Registration number: 14499337

Applaud Business Consultancy Limited

(Registration number: 14499337)

Balance Sheet as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	3	174	683
Current assets
Debtors	4	6,326	4,543
Cash at bank and in hand		892	5,514
		7,218	10,057
Creditors: Amounts falling due within one year	5	(14,523)	(13,839)
Net current liabilities		(7,305)	(3,782)
Total assets less current liabilities		(7,131)	(3,099)
Provisions for liabilities		(33)	(642)
Net liabilities		(7,164)	(3,741)
Capital and reserves
Called up share capital		2	2
Retained earnings		(7,166)	(3,743)
Shareholders' deficit		(7,164)	(3,741)

For the financial 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.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Director's Report and the Profit and Loss Account has been taken.

Approved and authorised by the director on 30 June 2026
 

P Mell Director

Applaud Business Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	Accounting policies

Statutory information

Applaud Business Consultancy Limited is a private company, limited by shares, domiciled in England and Wales, company number 14499337. The registered office is at Fitzwilliam House, Middle Bank,Doncaster, DN4 5NG.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements were prepared in accordance with Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration receivable for the provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Applaud Business Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

1	Accounting policies (continued)

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Office Equipment	33% Straight Line/15% Reducing Balance

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

2	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2025 - 2).

Applaud Business Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

3	Tangible assets

	Office equipment £	Total £
Cost
At 1 April 2025	1,604	1,604
At 31 March 2026	1,604	1,604
Depreciation
At 1 April 2025	921	921
Charge for the year	509	509
At 31 March 2026	1,430	1,430
Carrying amount
At 31 March 2026	174	174
At 31 March 2025	683	683

4

Debtors

Current	2026 £	2025 £
Trade debtors	5,576	3,203
Prepayments	750	934
Other debtors	-	406
	6,326	4,543

5

Creditors

Amounts falling due within one year

	2026 £	2025 £
Trade creditors	1,543	486
Taxation and social security	946	3,241
Accruals and deferred income	2,596	1,483
Other creditors	9,438	8,629
	14,523	13,839

Applaud Business Consultancy Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026 (continued)

6	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £6,000 (2025 - £5,000). As at the balance sheet date, the company had total commitments under non-cancellable operating leases over the remaining term of those leases of £5000. This relates to the renting of the company's trading premises.