Change Adopt Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 11986719

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		31,607		31,754

			31,607		31,754
CURRENT ASSETS
Debtors	5	324,272		701,072
Cash at bank and in hand		801,485		1,055,839

		1,125,757		1,756,911
Creditors: Amounts Falling Due Within One Year	6	(68,281 )		(53,058 )

NET CURRENT ASSETS (LIABILITIES)			1,057,476		1,703,853

TOTAL ASSETS LESS CURRENT LIABILITIES			1,089,083		1,735,607

PROVISIONS FOR LIABILITIES
Deferred Taxation			(4,003 )		(3,502 )

NET ASSETS			1,085,080		1,732,105

CAPITAL AND RESERVES
Called up share capital	7		200		200
Capital redemption reserve			95		95
Profit and Loss Account			1,084,785		1,731,810

SHAREHOLDERS' FUNDS			1,085,080		1,732,105

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Change Adopt Ltd

Balance Sheet (continued)

As At 31 December 2025

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 director acknowledges his 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 Max Meiklejohn

Director

22nd September 2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Change Adopt Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 11986719 . The registered office is 71-75 Shelton Street, Covent Garden, London, WC2H 9JQ.

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. 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 rendering of services and 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.

2.3. 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:

Leasehold	10% Reducing Balance
Fixtures & Fittings	20% Reducing Balance
Computer Equipment	25% Reducing Balance

2.4. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.5. 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.

...CONTINUED

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Change Adopt Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.5. Taxation - continued

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.

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

3. Average Number of Employees

Average number of employees, including directors, during the year was: 7 (2024: 6)

4. Tangible Assets

	Land & Buildings	Plant & Machinery etc.	Total
	£	£	£
Cost
As at 1 January 2025	21,508	26,535	48,043
Additions	-	6,122	6,122

As at 31 December 2025	21,508	32,657	54,165

Depreciation
As at 1 January 2025	3,764	12,525	16,289
Provided during the period	2,151	4,118	6,269

As at 31 December 2025	5,915	16,643	22,558

Net Book Value
As at 31 December 2025	15,593	16,014	31,607

As at 1 January 2025	17,744	14,010	31,754

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Change Adopt Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	137,056	97,421
Other debtors	187,216	603,651

	324,272	701,072

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	14,241	16,410
Other creditors	1,325	1,375
Taxation and social security	52,715	35,273

	68,281	53,058

7. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
160 Ordinary A shares of £ 1.00 each	160	160
10 Ordinary B shares of £ 1.00 each	10	10
10 Ordinary C shares of £ 1.00 each	10	10
20 Ordinary D shares of £ 1.00 each	20	20

	200	200

8. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2025	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2025
	£	£	£	£	£
Mr Max Meiklejohn	(602,546 )	(282,568 )	699,043	-	(186,071 )

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

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