Compass Business Solutions Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 5649415

Compass Business Solutions Limited

Filleted Unaudited Financial Statements

For the Year Ended

31 December 2025

Compass Business Solutions Limited

Financial Statements

Year Ended 31st December 2025

Contents	Page

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements	1

Statement of Financial Position	2

Notes to the Financial Statements	4

Compass Business Solutions Limited

Chartered Accountant's Report to the Board of Directors on the Preparation of the Unaudited Statutory Financial Statements of Compass Business Solutions Limited

Year Ended 31st December 2025

As described on the statement of financial position, the directors of the company are responsible for the preparation of the financial statements for the year ended 31st December 2025, which comprise the statement of financial position and the related notes. You consider that the company is exempt from an audit under the Companies Act 2006. In accordance with your instructions we have compiled these financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.

PEYTON TYLER MEARS Chartered accountants

Middleborough House 16 Middleborough Colchester Essex CO1 1QT

8 September 2026

Compass Business Solutions Limited

Statement of Financial Position

31 December 2025

	2025		2024
Note	£	£	£

Fixed Assets

Tangible assets	5		933,946	933,946

Current Assets

Debtors	6	360,613	398,508
Cash at bank and in hand		115,081	7,033
		----------	----------
		475,694	405,541

Creditors: amounts falling due within one year	7	866,040		783,358
		----------		----------
Net Current Liabilities			390,346	377,817
			----------	----------
Total Assets Less Current Liabilities			543,600	556,129

Creditors: amounts falling due after more than one year	8	532,325	537,026
		----------	----------
Net Assets		11,275	19,103
		----------	----------

Compass Business Solutions Limited

Statement of Financial Position (continued)

31 December 2025

	2025		2024
Note	£	£	£

Capital and Reserves

Called up share capital	100	100
Profit and loss account	15,877	19,003
	---------	---------
Shareholders Funds	15,977	19,103
	---------	---------

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 statement of comprehensive income has not been delivered.

For the year ending 31st December 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 8 September 2026 , and are signed on behalf of the board by:

M. D. Nelson	B. A. Nelson
Director	Director

J. D. Nelson
Director

Company registration number: 5649415

Compass Business Solutions Limited

Notes to the Financial Statements

Year Ended 31st December 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 Compass House, 21 Medway Wharf Road, Tonbridge, TN9 1GH, Kent.

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. Tangible Assets Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss. Impairment of Fixed Assets A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.

4. Employee Numbers

The average number of persons employed by the company during the year amounted to 3 (2024: 3 ).

5. Tangible Assets

	Freehold property
	£
Cost
At 1st January 2025 and 31st December 2025	933,946
	----------
Depreciation
At 1st January 2025 and 31st December 2025	–
	----------
Carrying amount
At 31st December 2025	933,946
	----------
At 31st December 2024	933,946
	----------

6. Debtors

	2025	2024
	£	£
Trade debtors	30,000	67,650
Other debtors	330,613	330,858
	----------	----------
	360,613	398,508
	----------	----------

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	9,403	6,380
Trade creditors	48	102
Corporation tax	42,805	41,948
Social security and other taxes	18,317	3,304
Other creditors	795,467	731,624
	----------	----------
	866,040	783,358
	----------	----------

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

	2025	2024
	£	£
Bank loans and overdrafts	532,325	537,026
	----------	----------