Varen Consulting Ltd

Varen Consulting Ltd
Statement of Financial Position
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	4,432	53,181
Investments		-	100
		4,432	53,281
Current assets
Debtors	4	39,634	26,438
Cash at bank and in hand		34,734	29,559
		74,368	55,997
Creditors: amount falling due within one year	5	(52,585)	(61,805)
Net current assets		21,783	(5,808)

Total assets less current liabilities		26,215	47,473
Creditors: amount falling due after more than one year	6	-	(5,836)
Provisions for liabilities	7	(1,108)	(13,295)
Net assets		25,107	28,342

Capital and reserves
Called up share capital	8	200	200
Profit and loss account		24,907	28,142
Shareholders' funds		25,107	28,342

For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the board of directors on 17 July 2026 and were signed on its behalf by:

-------------------------------
Stephen Moore
Director

Varen Consulting Ltd
Notes to the Financial Statements
For the year ended 31 December 2025

General Information

Varen Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 10547110, registration address 3 Bakehouse Lane, Marcham, Abingdon, Oxfordshire, OX13 6FW.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by Section 1A of the standard)

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	3 years Straight Line
Motor Vehicles	20% Reducing Balance
Fixtures and Fittings	3 years Straight Line
Computer Equipment	3 years Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 3 (2024 : 2).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 January 2025	4,749	61,725	472	4,324	71,270
Additions	-	-	-	2,380	2,380
Disposals	-	(61,725)	-	-	(61,725)
At 31 December 2025	4,749	-	472	6,704	11,925
Depreciation
At 01 January 2025	2,112	13,168	397	2,412	18,089
Charge for year	1,583	8,093	75	914	10,665
On disposals	-	(21,261)	-	-	(21,261)
At 31 December 2025	3,695	-	472	3,326	7,493
Net book values
Closing balance as at 31 December 2025	1,054	-	-	3,378	4,432
Opening balance as at 01 January 2025	2,637	48,557	75	1,912	53,181

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	24,687	24,188
Amount Owed by Participating Interests	14,200	2,250
Prepayments & Accrued Income	747	-
	39,634	26,438

Creditors: amount falling due within one year

	2025 £	2024 £
Bank Loans & Overdrafts	4,800	7,200
Corporation Tax	33,086	27,050
PAYE & Social Security	328	262
Accrued Expenses	1,106	1,106
Obligations under HP/Financial Leases	-	12,500
Directors' Current Accounts	189	620
VAT	13,076	13,067
	52,585	61,805

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts	-	4,800
Obligations Under HP/Financial Leases	-	1,036
	-	5,836

Provisions for liabilities

	2025 £		2024 £
Deferred Tax	1,108		13,295
	1,108		13,295

Share Capital

Allotted, called up and fully paid	2025 £	2024 £
100 Ordinary shares of £1.00 each	100	100
100 Class B shares of £1.00 each	100	100
	200	200

Registered Number: 10547110
England and Wales
VAREN CONSULTING LTD

Unaudited Financial Statements

Period of accounts Start date: 01 January 2025 End date: 31 December 2025