Year Ended
Registration number:
Credit Reporting Agency Limited
Contents
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Company Information |
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Strategic Report |
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Directors' Report |
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Statement of Directors' Responsibilities |
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Independent Auditor's Report |
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Profit and Loss Account |
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Balance Sheet |
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Statement of Changes in Equity |
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Notes to the Financial Statements |
Credit Reporting Agency Limited
Company Information
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Directors |
C J Stamp A N Harland P Anderson-Riley S Twyford |
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Registered office |
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Auditors |
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Credit Reporting Agency Limited
Strategic Report for the Year Ended 31 March 2026
The directors present their strategic report for the year ended 31 March 2026.
Principal activity
The principal activity of the company is that of credit report analysis and financial intermediation.
Fair review of the business
The Directors are pleased to announce a profit before tax for the year of £11.672m (2025 - £8.717m).
The Company has continued to perform well, despite a continued uncertain economic climate. Revenue continued to grow at 12.3% year on year, with pre-tax profits growing at 34%. The Company continues to make significant investments to build internal capability to respond to customer needs, and continues to explore partnerships that deliver customer benefits.
We remain positive that the company is exploring and investing in the right areas to continue to grow product offerings for the benefit of our growing customer base.
Principal risks and uncertainties
The Company is exposed to a number of risks and uncertainties, with the principal risks assessed by the Directors being the following:
There is a dependence on IT systems to deliver to our customers. Disruptions to our IT Systems would interfere with day to day operations, and potentially impact our reputation with customers and other suppliers/stakeholders.
The Company must remain compliant with FCA regulations, PCI DSS and UK GDPR across all applicable activities. These regulatory bodies regularly review and change policies and procedures, therefore the future reviews represent uncertainty to the business and the way it operates.
Major overhauls to the wider industry, such as the Digital Sales Pack and changes to subscription legislation represent opportunities and threats to our current business model. The Company is considering a number of options to proactively manage these risks, which include continued investment in IT infrastructure, and continued focus on strategic activities which expand benefits to our customer base.
Approved and authorised by the
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Credit Reporting Agency Limited
Directors' Report for the Year Ended 31 March 2026
The directors present their report and the financial statements for the year ended 31 March 2026.
Directors of the company
The directors who held office during the year were as follows:
Financial instruments
Objectives and policies
The principal financial instruments held by the Company comprise of trade creditors
The main purpose of these instruments is to raise funds for the Company operations. The Directors believe that the Company is dealing pro-actively with the risks and uncertainties that it faces.
Price risk, credit risk, liquidity risk and cash flow risk
The Company manages its exposure to key risks as follows:
Liquidity risk
The Company manages this particular risk through a process of producing detailed forecasts on an annual basis and assessing performance against this. Sufficient cash is retained in the business in order to meet its obligations, particularly with regards to payments on bank and vendor loans, as and when they fall due.
Price risk
The Company operates a set monthly fee for its services, and as such is not exposed to price risk.
Credit risk
The Company has no significant concentration of credit risk, with its exposure being spread across a number of customers.
Operational risk
The Directors are aware of the continual changes in laws and regulations and the associated compliance costs and plan ahead accordingly.
Successful trading and favourable working capital practices have enabled large cash reserves to be built in the Company. Funds will be used to clear down long-term creditors as and when they fall due, but the primary intention for the cash balances is to allow the Company to grow where commercial opportunities arise.
Disclosure of information to the auditors
Each director has taken steps that they ought to have taken as a director in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information. The directors confirm that there is no relevant information that they know of and of which they know the auditors are unaware.
Credit Reporting Agency Limited
Directors' Report for the Year Ended 31 March 2026
Approved and authorised by the
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Credit Reporting Agency Limited
Statement of Directors' Responsibilities
The directors acknowledge their responsibilities for preparing the Annual Report and the financial statements in accordance with applicable law and regulations.
Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:
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select suitable accounting policies and apply them consistently; |
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make judgements and accounting estimates that are reasonable and prudent; |
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state whether applicable United Kingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and |
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prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. |
The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
Credit Reporting Agency Limited
Independent Auditor's Report to the Members of Credit Reporting Agency Limited
Opinion
We have audited the financial statements of Credit Reporting Agency Limited (the 'company') for the year ended 31 March 2026, which comprise the Profit and Loss Account, Balance Sheet, Statement of Changes in Equity, and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).
In our opinion the financial statements:
• | give a true and fair view of the state of the company's affairs as at 31 March 2026 and of its profit for the year then ended; |
• | have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and |
• | have been prepared in accordance with the requirements of the Companies Act 2006. |
Basis for opinion
We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the auditor responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.
Conclusions relating to going concern
In auditing the financial statements, we have concluded that the director's use of the going concern basis of accounting in the preparation of the financial statements is appropriate.
Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the original financial statements were authorised for issue.
Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.
Other information
The directors are responsible for the other information. The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.
In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.
We have nothing to report in this regard.
Credit Reporting Agency Limited
Independent Auditor's Report to the Members of Credit Reporting Agency Limited
Opinion on other matter prescribed by the Companies Act 2006
In our opinion, based on the work undertaken in the course of the audit:
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the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and |
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the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements. |
Matters on which we are required to report by exception
In the light of our knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report and the Directors' Report.
We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:
• | adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or |
• | the financial statements are not in agreement with the accounting records and returns; or |
• | certain disclosures of directors' remuneration specified by law are not made; or |
• | we have not received all the information and explanations we require for our audit. |
Responsibilities of directors
As explained more fully in the Statement of Directors' Responsibilities set out on page 5, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.
In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.
Auditor Responsibilities for the audit of the financial statements
Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor’s report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.
Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:
Credit Reporting Agency Limited
Independent Auditor's Report to the Members of Credit Reporting Agency Limited
The objectives of our audit, in respect to fraud, are: to identify and assess the risks of material misstatement of the financial statements due to fraud; to obtain sufficient appropriate audit evidence regarding the assessed risks of material misstatement due to fraud, through designing and implementing appropriate responses; and to respond appropriately to fraud or suspected fraud identified during the audit. However, the primary responsibility for the prevention and detection of fraud rests with both those charged with governance of the company and management.
We obtained an understanding of the legal and regulatory frameworks that are applicable to the Company at the planning stage of the audit. Firstly, the Company is subject to laws and regulations that directly affect the financial statements including financial reporting legislation (including related company legislation) and taxation legislation and we assessed the extent of compliance with these laws and regulations as part of our procedures on the related financial statement items. Secondly, the Company is subject to other laws and regulations where the consequences of non-compliance could have a material effect on amounts or disclosures in the financial statements, for instance through the imposition of fines or litigation or the loss of the company’s licence to operate. In making this assessment we determined that the most significant elements of legislation include, employment laws and regulations, health and safety legislation FCA regulations and GDPR.
Based on this understanding we designed our audit procedures to identify non-compliance with such laws and regulations. Our procedures involved the following:
• Enquiries of management regarding their knowledge of any non compliance with laws and regulations that could affect the financial statements. As part of these enquiries we also discussed
with management whether there have been any known instances, allegations or suspicions of fraud.
• Corroborating management representations through a review of board minutes and supporting documentation including any matters reportable under health and safety legislation for the attention of the Directors.
• Considering the filings made at Companies House, and any omissions thereon.
• Reviewing publicly available filings with the FCA including considering matters that are subject to FCA action, of which there was none identified.
• Completion of disclosure checklists to identify areas of non compliance.
We also evaluated the risk of fraud through management override including that arising from management’s incentives. The key risks we identified were with regards to the cut off of recognition of income or through management bias in selecting accounting estimates. In response to the identified risk, as part of our audit work we:
• Used data analytics to test journal entries throughout the year, for appropriateness;
• Undertook a proof in total of the revenue recognised in the financial statements to the revenue systems used by the company.
• Reviewed estimates and judgements made in the accounts for any indication of bias and challenged assumptions used by management in making the estimates.
Credit Reporting Agency Limited
Independent Auditor's Report to the Members of Credit Reporting Agency Limited
Because of the inherent limitations of an audit, there is a risk that we will not detect all irregularities, including those leading to a material misstatement in the financial statements. The risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate omissions, collusion, forgery, misrepresentations, or the override of internal controls. We are also less likely to become aware of instances of non-compliance with laws and regulations that are not closely related to events and transactions reflected in the financial statements.
A further description of our responsibilities is available on the Financial Reporting Council’s website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor’s report.
Use of our report
This report is made solely to the company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company’s members those matters we are required to state to them in an auditor’s report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company’s members as a body, for our audit work, for this report, or for the opinions we have formed.
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Lowin House
Tregolls Road
Cornwall
TR1 2NA
Credit Reporting Agency Limited
Profit and Loss Account
Year Ended 31 March 2026
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Note |
2026 |
2025 |
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Turnover |
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Cost of sales |
( |
( |
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Gross profit |
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Administrative expenses |
( |
( |
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Other operating income |
|
- |
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Operating profit |
11,502,472 |
8,593,553 |
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Other interest receivable and similar income |
|
|
|
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Interest payable and similar expenses |
( |
- |
|
|
169,341 |
123,347 |
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Profit before tax |
|
|
|
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Tax on profit |
( |
( |
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Profit for the financial year |
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The above results were derived from continuing operations.
The company has no recognised gains or losses for the year other than the results above.
Credit Reporting Agency Limited
Balance Sheet
31 March 2026
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Note |
2026 |
2025 |
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Fixed assets |
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Tangible assets |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current assets |
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Total assets less current liabilities |
|
|
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Provisions for liabilities |
( |
( |
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Net assets |
|
|
|
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Capital and reserves |
|||
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Called up share capital |
100 |
100 |
|
|
Profit and loss account |
9,302,712 |
10,204,496 |
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Shareholders' funds |
9,302,812 |
10,204,596 |
Approved and authorised by the
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Company Registration Number: 03719598
Credit Reporting Agency Limited
Statement of Changes in Equity
Year Ended 31 March 2026
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Share capital |
Profit and loss account |
Total |
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At 1 April 2025 |
|
|
|
|
Profit for the year |
- |
|
|
|
Dividends |
- |
( |
( |
|
At 31 March 2026 |
|
|
|
|
Share capital |
Profit and loss account |
Total |
|
|
At 1 April 2024 |
|
|
|
|
Profit for the year |
- |
|
|
|
Dividends |
- |
( |
( |
|
At 31 March 2025 |
100 |
10,204,496 |
10,204,596 |
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
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General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
These financial statements were authorised for issue by the
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Accounting policies |
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 have been prepared in accordance with Financial Reporting Standard 102 - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are prepared in pounds sterling which is the functional currency of the company.
Monetary amounts in these financial statements are rounded to the nearest pound.
Basis of preparation
These financial statements have been prepared using the historical cost convention.
Exemptions for qualifying entities under FRS102
FRS102 allows a qualifying entity certain disclosure exemptions. The company has therefore taken advantage of the following exemptions:
• Section 7 'Statement of Cash Flows': From preparing a statement of cash flows, on the basis that it is a qualifying entity and the consolidated financial statements of Credit Reporting Agency (Holdco) Limited include the cash flows of this company.
• Section 33 'Related Party Dislcosures': Compensation for key management personnel.
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
Going concern
At the balance sheet date the company has net current assets of £5,967,956 (2025 - £6,697,973), and net assets of £9,302,812 (2025 - £10,204,596).
The company funds its day to day operations through managing its cash facilities, which at the balance sheet date stand at £10m (2025 - £7m). The company has been profitable throughout the year to 31 March 2026 and post year end.
After making enquiries the Directors have a reasonable expectation for the foreseeable future and therefore the company continue to adopt the going concern basis in the preparation of its financial statements.
Changes in accounting policy
Changes to FRS 102 in future periods
The FRC has published changes to rules around the revenue and leases which will take effect in next year's accounts. We expect that in future years any leases will be brought onto the balance sheet as right-of-use assets, and lease liabilities. Payments on these leases after 1 April 2026 will be classified as depreciation or interest payable.
There is no requirement to restate figures from previous years, so we do not expect any changes to the figures we report here for the year to 31 March 2026 or any earlier periods.
Revenue recognition
Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the turnover can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and over sales taxes. The following criteria must also be met before turnover is recognised:
• The amount of revenue can be measured reliably,
• It is probable that the company will receive the consideration due under the contract,
• The stage of completion of the contract at the end of the reporting period can be measured reliably,
and
• The costs incurred and the costs to complete the contract can be measured reliably.
Finance income and costs policy
Interest income is recognised in the Statement of Income and Retained Earnings using the effective interest method.
Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated debt capital.
All borrowing costs are recognised in the Statement of Income and Retained Earnings in the period in which they are incurred.
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
Foreign currency transactions and balances
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.
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 corporation 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 on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.
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 |
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Land and buildings |
0-20 years straight line |
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Furniture, fittings and equipment |
5 years straight line |
|
Motor vehicles |
3 years straight line |
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Plant and machinery |
2-3 years straight line |
Intangible assets
Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.
Amortisation
Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:
|
Asset class |
Amortisation method and rate |
|
Domain name |
15 years straight line |
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
Investments
Investments in subsidiaries are recognised at cost less accumulated impairment.
Defined contribution pension obligation
A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.
Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.
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Turnover |
The analysis of the company's Turnover for the year from continuing operations is as follows:
|
2026 |
2025 |
|
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Rendering of services |
|
|
The analysis of the company's Turnover for the year by market is as follows:
|
2026 |
2025 |
|
|
UK |
|
|
|
Other operating income |
The analysis of the company's other operating income for the year is as follows:
|
2026 |
2025 |
|
|
Miscellaneous other operating income |
|
- |
|
Operating profit |
Arrived at after charging/(crediting)
|
2026 |
2025 |
|
|
Depreciation expense |
|
|
|
Loss/(profit) on disposal of property, plant and equipment |
|
( |
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
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Staff costs |
The aggregate payroll costs (including directors' remuneration) were as follows:
|
2026 |
2025 |
|
|
Wages and salaries |
|
|
|
Social security costs |
|
|
|
Pension costs, defined contribution scheme |
|
|
|
|
|
The average number of persons employed by the company (including directors) during the year, analysed by category was as follows:
|
2026 |
2025 |
|
|
Sales, marketing and distribution |
|
|
|
|
|
|
Directors' remuneration |
The directors' remuneration for the year was as follows:
|
2026 |
2025 |
|
|
Remuneration |
|
|
|
Contributions paid to money purchase schemes |
|
|
|
835,214 |
654,777 |
During the year the number of directors who were receiving benefits and share incentives was as follows:
|
2026 |
2025 |
|
|
Accruing benefits under money purchase pension scheme |
|
|
In respect of the highest paid director:
|
2026 |
2025 |
|
|
Remuneration |
|
|
|
Company contributions to money purchase pension schemes |
|
|
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
|
Auditor's remuneration |
|
2026 |
2025 |
|
|
Audit of the financial statements |
|
|
|
Other interest receivable and similar income |
|
2026 |
2025 |
|
|
Interest income on bank deposits |
|
|
|
Other finance income |
- |
|
|
|
|
|
Interest payable and similar expenses |
|
2026 |
2025 |
|
|
Interest expense on other finance liabilities |
|
- |
|
Taxation |
Tax charged/(credited) in the profit and loss account
|
2026 |
2025 |
|
|
Current taxation |
||
|
UK corporation tax |
|
|
|
UK corporation tax adjustment to prior periods |
- |
|
|
2,959,797 |
2,248,400 |
|
|
Deferred taxation |
||
|
Arising from origination and reversal of timing differences |
( |
( |
|
Tax expense in the income statement |
|
|
The tax on profit before tax for the year is higher than the standard rate of corporation tax in the UK (2025 - the same as the standard rate of corporation tax in the UK) of
The differences are reconciled below:
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
|
2026 |
2025 |
|
|
Profit before tax |
|
|
|
Corporation tax at standard rate |
|
|
|
Increase in UK and foreign current tax from adjustment for prior periods |
- |
|
|
Tax increase from effect of capital allowances and depreciation |
|
|
|
Effect of expense not deductible in determining taxable profit (tax loss) |
|
- |
|
Tax decrease arising from group relief |
- |
( |
|
Total tax charge |
|
|
Deferred tax
Deferred tax assets and liabilities
|
2026 |
Asset |
Liability |
|
Fixed asset timing differences |
- |
|
|
Short term timing differences |
- |
( |
|
- |
|
|
2025 |
Asset |
Liability |
|
Fixed asset timing differences |
- |
|
|
Short term timing differences |
- |
( |
|
- |
|
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
|
Intangible assets |
|
Internally generated software development costs |
Total |
|
|
Cost or valuation |
||
|
At 1 April 2025 |
|
|
|
At 31 March 2026 |
|
|
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Amortisation |
||
|
At 1 April 2025 |
|
|
|
At 31 March 2026 |
|
|
|
Carrying amount |
||
|
At 31 March 2026 |
- |
- |
|
At 31 March 2025 |
- |
- |
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
|
Tangible assets |
|
Land and buildings |
Furniture, fittings and equipment |
Motor vehicles |
Plant and machinery |
Total |
|
|
Cost or valuation |
|||||
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At 1 April 2025 |
|
|
|
|
|
|
Additions |
- |
- |
|
|
|
|
Disposals |
- |
- |
( |
( |
( |
|
At 31 March 2026 |
|
|
|
|
|
|
Depreciation |
|||||
|
At 1 April 2025 |
|
|
|
|
|
|
Charge for the year |
|
|
|
|
|
|
Eliminated on disposal |
- |
- |
( |
( |
( |
|
At 31 March 2026 |
|
|
|
|
|
|
Carrying amount |
|||||
|
At 31 March 2026 |
|
|
|
|
|
|
At 31 March 2025 |
|
|
|
|
|
Included within the net book value of land and buildings above is £3,212,811 (2025 - £3,319,383) in respect of freehold land and buildings.
|
Debtors |
|
Note |
2026 |
2025 |
|
|
Amounts owed by related parties |
|
|
|
|
Other debtors |
|
- |
|
|
Prepayments and accrued income |
|
|
|
|
|
|
|
Cash and cash equivalents |
|
2026 |
2025 |
|
|
Cash at bank |
|
|
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
|
Creditors |
|
Note |
2026 |
2025 |
|
|
Due within one year |
|||
|
Trade creditors |
|
|
|
|
Amounts due to group undertakings |
|
- |
|
|
Social security and other taxes |
|
|
|
|
Outstanding defined contribution pension costs |
|
|
|
|
Other creditors |
|
|
|
|
Accruals |
|
|
|
|
Corporation tax |
72,873 |
1,198,855 |
|
|
|
|
|
Provisions for liabilities |
|
Deferred tax |
Total |
|
|
At 1 April 2025 |
|
|
|
Increase (decrease) in existing provisions |
( |
( |
|
At 31 March 2026 |
|
|
|
|
||
|
Share capital |
Allotted, called up and fully paid shares
|
2026 |
2025 |
|||
|
No. |
£ |
No. |
£ |
|
|
|
|
100 |
|
100 |
|
Pension and other schemes |
Defined contribution pension scheme
The company operates a defined contribution pension scheme. The pension cost charge for the year represents contributions payable by the company to the scheme and amounted to £
Contributions totalling £
Credit Reporting Agency Limited
Notes to the Financial Statements
Year Ended 31 March 2026
|
Related party transactions |
Summary of transactions with subsidiaries
The company is wholly owned by Credit Reporting Agency (Bidco) Limited, which is wholly owned by the senior parent entity. On this basis the group has taken advantage of the exemption in FRS 102 not to disclose transactions between the group companies.
|
Parent and ultimate parent undertaking |
The company's immediate parent is
The most senior parent entity producing publicly available financial statements is