The Claims Protection Agency Limited

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Accountants' Report	1
Balance Sheet	2—3
Notes to the Financial Statements	4—7

Report to the directors on the preparation of the unaudited statutory accounts of The Claims Protection Agency Limited for the year ended 30 August 2025

To assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of The Claims Protection Agency Limited 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 The Claims Protection Agency Limited , as a body, in accordance with the terms of our engagement letter dated 27/08/2026. Our work has been undertaken solely to prepare for your approval the accounts of The Claims Protection Agency Limited and state those matters that we have agreed to state to the directors of The Claims Protection Agency Limited , 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 The Claims Protection Agency Limited and its directors as a body for our work or for this report.

It is your duty to ensure that The Claims Protection Agency Limited 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 The Claims Protection Agency Limited . You consider that The Claims Protection Agency Limited 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 The Claims Protection Agency Limited . 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.

27th August 2026

Ascendis Accountants, Business & Tax Advisors Ltd

Chartered Certified Accountants, Taxation and Business Advisors

First Floor, East Wing, Sandfield House

Kings Close, Water Lane

Wilmslow

Cheshire

SK9 5AR

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The Claims Protection Agency Limited

Balance Sheet

As At 30 August 2025

Balance Sheet

Registered number: 08467014

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		59,662		20,783

			59,662		20,783
CURRENT ASSETS
Stocks	5	26,898,229		4,385,209
Debtors	6	16,095,865		297,744
Cash at bank and in hand		5,546,062		2,363,880

		48,540,156		7,046,833
Creditors: Amounts Falling Due Within One Year	7	(2,063,698 )		(871,873 )

NET CURRENT ASSETS (LIABILITIES)			46,476,458		6,174,960

TOTAL ASSETS LESS CURRENT LIABILITIES			46,536,120		6,195,743

Creditors: Amounts Falling Due After More Than One Year	8		(82,894,010 )		(5,842,287 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			-		(5,196 )

NET (LIABILITIES)/ASSETS			(36,357,890 )		348,260

CAPITAL AND RESERVES
Called up share capital	11		23		20
Profit and Loss Account			(36,357,913 )		348,240

SHAREHOLDERS' FUNDS			(36,357,890)		348,260

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The Claims Protection Agency Limited

Balance Sheet (continued)

As At 30 August 2025

For the year ending 30 August 2025 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 John Johnstone

Director

27th August 2026

The notes on pages 4 to 7 form part of these financial statements.

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The Claims Protection Agency Limited

Notes to the Financial Statements

For The Year Ended 30 August 2025

Notes to the Financial Statements

1. General Information

The Claims Protection Agency Limited is a private company, limited by shares, incorporated in England & Wales, registered number 08467014 . The registered office is Unit 3, Building 2, The Colony Wilmslow, Altrincham Road, Wilmslow, Cheshire, SK9 4LY.

The trading address is Unit 8, Ashbrook Office Park, Longstone Road, Greater Manchester, M22 5LB.

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. Going Concern Disclosure

The accounts have been prepared on a going concern basis. This assumption may not be valid since at the balance sheet date the company has net liabilities of £36,357,890. The validity of the going concern assumption therefore depends on the continued support of the directors, suppliers and the companies bankers and other providers of finance.

2.3. 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.

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.

2.4. 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:

Fixtures & Fittings	25% Reducing balance
Computer Equipment	33% Straight line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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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The Claims Protection Agency Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 August 2025

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

The company has taxable losses of £49,088,697 to be carried forward and utilized against future profits.

2.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 39 (2024: 23)

4. Tangible Assets

	Fixtures & Fittings	Computer Equipment	Total
	£	£	£
Cost
As at 31 August 2024	21,255	49,357	70,612
Additions	8,439	45,285	53,724

As at 30 August 2025	29,694	94,642	124,336

Depreciation
As at 31 August 2024	13,014	36,815	49,829
Provided during the period	3,086	11,759	14,845

As at 30 August 2025	16,100	48,574	64,674

Net Book Value
As at 30 August 2025	13,594	46,068	59,662

As at 31 August 2024	8,241	12,542	20,783

5. Stocks

	2025	2024
	£	£
Work in progress	26,898,229	4,385,209

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	16,672	23,389
Amounts owed by group undertakings	3,763	2,351
Other debtors	16,075,430	272,004

	16,095,865	297,744

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The Claims Protection Agency Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 August 2025

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	1,661,560	542,835
Bank loans and overdrafts	34,905	34,905
Amounts owed to participating interests	8,287	151,247
Other creditors	266,853	9,052
Taxation and social security	92,093	133,834

	2,063,698	871,873

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	-	34,905
Other loans	82,894,010	5,807,382

	82,894,010	5,842,287

There is a fixed and floating charge registered at Companies House over all assets and undertakings of the company.

9. Secured Creditors

Of the creditors the following amounts are secured.

	2025		2024
	£		£
Other Creditors	82,894,010		5,807,382

10. Provisions for Liabilities


	Deferred Tax	Total
	£	£
As at 31 August 2024	5,196	5,196
Deferred taxation	(12,262,455 )	(12,262,455 )

Balance at 30 August 2025	(12,257,259 )	(12,257,259)

11. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
2,288 Ordinary Shares of £ 0.01 each	23	20


Shares issued during the period:	£
228 Ordinary Shares of £ 0.01 each	3

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The Claims Protection Agency Limited

Notes to the Financial Statements (continued)

For The Year Ended 30 August 2025

12. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 31 August 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 30 August 2025
	£	£	£	£	£
Mr John Johnstone	(1,079 )	19,444	(3,670 )	-	14,695
Mr Jonathon Howarth	(2,333 )	38,279	(1,655 )	-	34,291

The above loan is unsecured, interest free and repayable on demand.

13. Post Balance Sheet Events

The company had two charges outstanding at Companies House as at 31st August 2025, however both charges have been satisified as at 9th April 2026.

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