Picos Consulting Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 15301069

Picos Consulting Limited

Filleted Unaudited Financial Statements

30 November 2025

Picos Consulting Limited

Financial Statements

Year ended 30 November 2025

Contents	Page

Balance sheet	1

Notes to the financial statements	3

Picos Consulting Limited

Balance Sheet

30 November 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		1,478		–

Current assets

Debtors	6	28,538	26,227
Cash at bank and in hand		166,930	111,176
		---------	---------
		195,468	137,403

Creditors: amounts falling due within one year	7	( 70,466)		( 58,706)
		---------		---------
Net current assets			125,002		78,697
			---------		--------
Total assets less current liabilities			126,480		78,697

Provisions

Taxation including deferred tax	( 370)	–
	---------	--------
Net assets	126,110	78,697
	---------	--------

Picos Consulting Limited

Balance Sheet (continued)

30 November 2025

	2025		2024
Note	£	£	£	£

Capital and reserves

Called up share capital	100	100
Profit and loss account	126,010	78,597
	---------	--------
Shareholders funds	126,110	78,697
	---------	--------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.

For the year ending 30 November 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 financial statements for the year in question in accordance with section 476 ;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

These financial statements were approved by the board of directors and authorised for issue on 25 August 2026 , and are signed on behalf of the board by:

Mr M J J Crone

Director

Company registration number: 15301069

Picos Consulting Limited

Notes to the Financial Statements

Year ended 30 November 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Corunna Court, Corunna Road, Warwick, CV34 5HQ.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis and in sterling, which is the functional currency of the entity.

Judgements and key sources of estimation uncertainty

All significant judgements applied in preparing the financial statements are disclosed in the accounting policies. No material estimates have been applied.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Current tax is recognised on taxable profit for the current and past periods. Deferred tax is recognised in respect of all timing differences at the reporting date.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Fixtures and fittings	-	25% straight line

4. Employee numbers

The average number of persons employed by the company during the year amounted to 1 (2024: 1 ).

5. Tangible assets

	Fixtures and fittings
	£
Cost
At 1 December 2024	–
Additions	1,872
	-------
At 30 November 2025	1,872
	-------
Depreciation
At 1 December 2024	–
Charge for the year	394
	-------
At 30 November 2025	394
	-------
Carrying amount
At 30 November 2025	1,478
	-------
At 30 November 2024	–
	-------

6. Debtors

	2025	2024
	£	£
Trade debtors	28,000	25,500
Other debtors	538	727
	--------	--------
	28,538	26,227
	--------	--------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Corporation tax	59,095	54,964
Social security and other taxes	9,592	835
Other creditors	1,779	2,907
	--------	--------
	70,466	58,706
	--------	--------

8. Directors' advances, credits and guarantees

During the year, the directors had interest-free, repayable on demand loans with the company. At the start of the year the directors were owed £457 and at the end of the year the directors were owed £29.