Company No: 15299341 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	69,392		0
		69,392		0
Current assets
Debtors	4	239,136		28,427
Cash at bank and in hand		37,755		80,184
		276,891		108,611
Creditors: amounts falling due within one year	5	( 259,153)		( 41,474)
Net current assets		17,738		67,137
Total assets less current liabilities		87,130		67,137
Creditors: amounts falling due after more than one year	6	( 66,488)		0
Net assets		20,642		67,137
Capital and reserves
Called-up share capital	7	100		2
Profit and loss account		20,542		67,135
Total shareholders' funds		20,642		67,137

For the financial 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 financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Compass Alternative Provision Limited (registered number: 15299341) were approved and authorised for issue by the Board of Directors on 26 August 2026. They were signed on its behalf by:

O D J Slym Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Compass Alternative Provision Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 92 Slade Road Portishead, Bristol, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover is stated net of VAT and trade discounts. Revenue from the provision of services is recognised to the extent that the company has a right to consideration and is measured at the fair value of the consideration received or receivable for services provided under contract.

Employee benefits

Defined contribution schemes
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line basis over its expected useful life, as follows:

Vehicles	5 years straight line
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	11		7

3. Tangible assets

	Vehicles		Computer equipment		Total
	£		£		£
Cost
At 01 December 2024	0		0		0
Additions	79,833		1,081		80,914
At 30 November 2025	79,833		1,081		80,914
Accumulated depreciation
At 01 December 2024	0		0		0
Charge for the financial year	11,284		238		11,522
At 30 November 2025	11,284		238		11,522
Net book value
At 30 November 2025	68,549		843		69,392
At 30 November 2024	0		0		0
Leased assets included above:
Net book value
At 30 November 2025	68,549		0		68,549
At 30 November 2024	0		0		0

4. Debtors

	2025		2024
	£		£
Trade debtors	93,894		25,351
Amounts owed by directors	109,924		0
Deferred tax asset	261		0
Other debtors	35,057		3,076
	239,136		28,427

5. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	32,398		0
Trade creditors	264		1,209
Accruals	11,556		0
Other taxation and social security	164,394		40,265
Obligations under finance leases and hire purchase contracts	6,276		0
Other creditors	44,265		0
	259,153		41,474

Finance leases and hire purchase contracts are secured against the assets to which they relate.

6. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	66,488		0

There are no amounts included above in respect of which any security has been given by the small entity.

7. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each (2024: 2 shares of £ 1.00 each)	100		2

On incorporation, 2 ordinary shares of £1 each was issued.
On 20 January 2025, 98 ordinary shares of £1 each was issued.

8. Financial commitments

Commitments

As at 30 November 2025 the company had future minimum lease payments under non-cancellable operating leases of £8,550 (2024 — £Nil).

9. Related party transactions

Advances in the year of £12,040 (no interest was charged) were made to the director, £12,040 has been repaid.
Advances in the year of £6,020 (no interest was charged) were made to the director, £6,020 has been repaid.
Advances in the year of £91,864 (no interest was charged) were made to the director, £nil has been repaid.