Liminal Consulting Ltd

	Page
Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—6

Report to the directors on the preparation of the unaudited statutory accounts of Liminal Consulting Ltd for the year ended 31 March 2026

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Liminal Consulting Ltd which comprise the Profit and Loss Account, the Balance Sheet and the related notes, from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/en/member/professional-standards/rules-standards/acca-rulebook.html.

This report is made to the directors of Liminal Consulting Ltd , as a body, in accordance with the terms of our engagement letter dated 03 February 2025. Our work has been undertaken solely to prepare for your approval the accounts of Liminal Consulting Ltd and state those matters that we have agreed to state to the directors of Liminal Consulting Ltd , as a body, in this report in accordance with the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Liminal Consulting Ltd and its directors as a body for our work or for this report.

It is your duty to ensure that Liminal Consulting Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Liminal Consulting Ltd . You consider that Liminal Consulting Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of Liminal Consulting Ltd . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements.

30/07/2026

Springtide Business Services Ltd

26 Woodland Way

Brighton

East Sussex

BN1 8BA

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Liminal Consulting Ltd

Balance Sheet

As At 31 March 2026

Balance Sheet

Registered number: 08465309

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		390		455
Tangible Assets	5		3,970		5,168

			4,360		5,623
CURRENT ASSETS
Debtors	6	23,344		37,240
Cash at bank and in hand		48,260		39,169

		71,604		76,409
Creditors: Amounts Falling Due Within One Year	7	(41,915 )		(66,427 )

NET CURRENT ASSETS (LIABILITIES)			29,689		9,982

TOTAL ASSETS LESS CURRENT LIABILITIES			34,049		15,605

PROVISIONS FOR LIABILITIES
Deferred Taxation			(992 )		(1,292 )

NET ASSETS			33,057		14,313

CAPITAL AND RESERVES
Called up share capital	8		101		101
Profit and Loss Account			32,956		14,212

SHAREHOLDERS' FUNDS			33,057		14,313

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Liminal Consulting Ltd

Balance Sheet (continued)

As At 31 March 2026

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 directors acknowledge their 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Andrew Brett

Director

30/07/2026

The notes on pages 4 to 6 form part of these financial statements.

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Liminal Consulting Ltd

Notes to the Financial Statements

For The Year Ended 31 March 2026

Notes to the Financial Statements

1. General Information

Liminal Consulting Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 08465309 . The registered office is 167 - 169 Great Portland Street, London, W1W 5PF.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Intangible Fixed Assets and Amortisation - Intellectual Property

Intellectual property assets are Patents. It is amortised to the profit and loss account over its estimated economic life of 10 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	10% Straight Line
Computer Equipment	25% Straight Line

2.5. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Liminal Consulting Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.6. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2025: 2)

4. Intangible Assets

	Intellectual Property
	£
Cost
As at 1 April 2025	650

As at 31 March 2026	650

Amortisation
As at 1 April 2025	195
Provided during the period	65

As at 31 March 2026	260

Net Book Value
As at 31 March 2026	390

As at 1 April 2025	455

5. Tangible Assets

	Plant & Machinery	Computer Equipment	Total
	£	£	£
Cost
As at 1 April 2025	1,759	4,980	6,739
Additions	-	250	250

As at 31 March 2026	1,759	5,230	6,989

Depreciation
As at 1 April 2025	116	1,455	1,571
Provided during the period	177	1,271	1,448

As at 31 March 2026	293	2,726	3,019

Net Book Value
As at 31 March 2026	1,466	2,504	3,970

As at 1 April 2025	1,643	3,525	5,168

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Liminal Consulting Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	18,397	28,447
Amounts owed by participating interests	-	450
Other debtors	4,947	8,343

	23,344	37,240

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	-	5
Other creditors	1,296	33,595
Taxation and social security	40,619	32,827

	41,915	66,427

8. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	101	101

9. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	6,989	6,989
Later than one year and not later than five years	9,319	17,137

	16,308	24,126

10. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 April 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 March 2026
	£	£	£	£	£
Mr Andrew Brett	975	63,205	63,720	-	460
Mr Espen Svendsen	626	22,977	23,476	-	127

The above loan is unsecured, interest charged at 3.75% and repayable on demand.

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