General Information
Counselling Psychology Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 08909430, registration address 65 Peach Street, Wokingham, Berkshire, United Kingdom, RG40 1XP.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102.1A The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Operating lease rentals
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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 year to which they relate.
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 |
25% Reducing Balance
|
| Fixtures and Fittings |
25% Reducing Balance
|
| Computer Equipment |
25% Reducing Balance
|
| Improvements to property |
10% Straight Line |
Investment properties
The fair value of the investment property was last determined based on a valuation carried out as at 28 February 2025 by the directors. The valuation was prepared on an open market value basis, with reference to market evidence of transaction prices for similar properties. No revaluation has been undertaken during the year ended 28 February 2026. The directors consider that there has been no material change in the fair value of the investment property since the previous valuation date.
Fixed asset investments
Fixed asset investments are stated at cost less provision for any permanent diminution in value.
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 0 (2025 : 0).
|
| 3. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Fixtures and Fittings |
|
Computer Equipment |
|
Investment properties |
|
Improvements to property |
|
Total |
| |
£ |
|
£ |
|
£ |
|
£ |
|
£ |
|
£ |
| At 01 March 2025 |
3,093 |
|
2,038 |
|
5,478 |
|
174,867 |
|
1,655 |
|
187,131 |
| Additions |
- |
|
250 |
|
- |
|
- |
|
4,125 |
|
4,375 |
| Disposals |
- |
|
- |
|
- |
|
- |
|
- |
|
- |
| Revaluations |
- |
|
- |
|
- |
|
(7,867) |
|
- |
|
(7,867) |
| At 28 February 2026 |
3,093 |
|
2,288 |
|
5,478 |
|
167,000 |
|
5,780 |
|
183,639 |
| Depreciation |
| At 01 March 2025 |
854 |
|
408 |
|
3,109 |
|
- |
|
69 |
|
4,440 |
| Charge for year |
560 |
|
449 |
|
592 |
|
- |
|
464 |
|
2,065 |
| On disposals |
- |
|
- |
|
- |
|
- |
|
- |
|
- |
| At 28 February 2026 |
1,414 |
|
857 |
|
3,701 |
|
- |
|
533 |
|
6,505 |
| Net book values |
| Closing balance as at 28 February 2026 |
1,679 |
|
1,431 |
|
1,777 |
|
167,000 |
|
5,247 |
|
177,134 |
| Opening balance as at 01 March 2025 |
2,239 |
|
1,630 |
|
2,369 |
|
167,000 |
|
1,586 |
|
174,824 |
|
| 4. |
Investments
| Cost |
Other investments other than loans |
|
Total |
| |
£ |
|
£ |
| At 01 March 2025 |
50,000 |
|
50,000 |
| Additions |
9,957 |
|
9,957 |
| Disposals |
- |
|
- |
| At 28 February 2026 |
59,957 |
|
59,957 |
|
| 5. |
Debtors: amounts falling due within one year
|
2026
£ |
|
2025
£ |
| Trade Debtors |
63,581 |
|
24,338 |
| Amount Owed by Group Undertakings |
400 |
|
- |
| Prepayments & Accrued Income |
3,474 |
|
666 |
| Other Debtors |
1,500 |
|
1,500 |
| Directors' Current Accounts |
- |
|
8,540 |
|
68,955 |
|
35,044 |
|
| 6. |
Creditors: amount falling due within one year
|
2026
£ |
|
2025
£ |
| Social Security & Other Taxes |
53,176 |
|
80,802 |
| Accrued & Deferred Income |
52,091 |
|
15,521 |
| Other Creditors |
1,957 |
|
4,998 |
| Directors' Current Accounts |
455 |
|
- |
|
107,679 |
|
101,321 |
|
| 7. |
Provisions for liabilities
|
2026
£ |
|
2025
£ |
| Deferred Tax |
2,533 |
|
1,956 |
|
2,533 |
|
1,956 |
|
| 8. |
Advances and Credits
Simon Proudlock The following advances and credits to a director subsisted during the years ended 28 February 2026 and 28 February 2025: | Brought Forward
£ | Amount
£ | Interest
£ | Repaid
£ | Written Off
£ | Waived
£ | Carry Forward
£ |
|---|
| Simon Proudlock | 8,540 | | 6 | | - | | 9,000 | | - | | - | | (454) | | 8,540 | | 6 | | - | | 9,000 | | - | | - | | (454) |
| Brought Forward
£ | Amount
£ | Interest
£ | Repaid
£ | Written Off
£ | Waived
£ | Carry Forward
£ |
|---|
| Simon Proudlock | (460) | | 9,000 | | - | | - | | - | | - | | 8,540 | | (460) | | 9,000 | | - | | - | | - | | - | | 8,540 |
|
| 9. |
Related Party Transaction
At the balance sheet date the company was owed £400.00 (2025 - £0) by Create A Space Holdings Limited, a company which holds 100% shares in the company.
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4
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