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Company Registration No. 04600307 (England and Wales)
SOURCE ONE CONSULTING LTD Unaudited accounts for the year ended 31 December 2025
SOURCE ONE CONSULTING LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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SOURCE ONE CONSULTING LTD Company Information for the year ended 31 December 2025
Directors
Mrs L J Lewis Mr P J Lewis Chloe Ponting
Secretary
Mrs L J Lewis
Company Number
04600307 (England and Wales)
Registered Office
ABBEYGATE ACCOUNTANCY, STATION HILL THURSTON BURY ST. EDMUNDS SUFFOLK IP31 3QU ENGLAND
Accountants
ABBEYGATE ACCOUNTANCY LTD UNIT 27 STATION HILL THURSTON BURY ST. EDMUNDS ENGLAND IP31 3QU
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SOURCE ONE CONSULTING LTD Statement of financial position as at 31 December 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
163,714 
191,948 
Investments
5
58,888 
58,888 
222,602 
250,836 
Current assets
Inventories
25,000 
25,000 
Debtors
6
268,070 
472,553 
Cash at bank and in hand
240,170 
250,736 
533,240 
748,289 
Creditors: amounts falling due within one year
7
(262,040)
(378,315)
Net current assets
271,200 
369,974 
Total assets less current liabilities
493,802 
620,810 
Creditors: amounts falling due after more than one year
8
(308,340)
(310,963)
Provisions for liabilities
Deferred tax
(31,104)
(36,082)
Net assets
154,358 
273,765 
Capital and reserves
Called up share capital
4 
4 
Profit and loss account
154,354 
273,761 
Shareholders' funds
154,358 
273,765 
For the year ending 31 December 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by
Mrs L J Lewis Director Company Registration No. 04600307
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SOURCE ONE CONSULTING LTD Notes to the Accounts for the year ended 31 December 2025
1
Statutory information
SOURCE ONE CONSULTING LTD is a private company, limited by shares, registered in England and Wales, registration number 04600307. The registered office is ABBEYGATE ACCOUNTANCY, STATION HILL, THURSTON, BURY ST. EDMUNDS, SUFFOLK, IP31 3QU, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% straight line
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2025
282,675 
35,234 
317,909 
Additions
71,003 
2,408 
73,411 
Disposals
(129,756)
- 
(129,756)
At 31 December 2025
223,922 
37,642 
261,564 
Depreciation
At 1 January 2025
93,606 
32,355 
125,961 
Charge for the year
32,691 
2,123 
34,814 
On disposals
(62,925)
- 
(62,925)
At 31 December 2025
63,372 
34,478 
97,850 
Net book value
At 31 December 2025
160,550 
3,164 
163,714 
At 31 December 2024
189,069 
2,879 
191,948 
- 5 -
SOURCE ONE CONSULTING LTD Notes to the Accounts for the year ended 31 December 2025
5
Investments
Other investments 
£ 
Valuation at 1 January 2025
58,888 
Valuation at 31 December 2025
58,888 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
Trade debtors
49,776 
248,923 
Amounts due from group undertakings etc.
202,000 
202,000 
Accrued income and prepayments
4,309 
9,645 
Other debtors
11,985 
11,985 
268,070 
472,553 
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
41,655 
53,295 
VAT
66,717 
56,539 
Obligations under finance leases and hire purchase contracts
33,658 
33,321 
Trade creditors
100,458 
180,414 
Taxes and social security
15,898 
16,470 
Other creditors
402 
3,765 
Loans from directors
3,252 
34,511 
262,040 
378,315 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
190,659 
209,134 
Obligations under finance leases and hire purchase contracts
117,681 
101,829 
308,340 
310,963 
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).
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