ACCOUNTS - Final Accounts preparation



	Conspicuous Limited












	Unaudited
	Financial statements

	For the year ended 31 January 2026

	Registered number: 03916431


Conspicuous Limited - Registered number:03916431

Statement of financial position

As at 31 January 2026

	2026	2026	2025	2025
Note	£	£	£	£

Fixed assets
Tangible assets	4		2,563		14,119
Investments	5		81		81
			2,644		14,200
Current assets
Debtors	6	482,459		545,064
Cash at bank and in hand		531,596		465,473
		1,014,055		1,010,537
Creditors: amounts falling due within one year	7	(134,191)		(94,178)
Net current assets			879,864		916,359
Total assets less current liabilities			882,508		930,559

Net assets			882,508		930,559

Capital and reserves
Share capital	100	100
Profit and loss account	882,408	930,459
	882,508	930,559

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

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.

The financial statements have been prepared 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.

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Conspicuous Limited - Registered number:03916431

Statement of financial position (continued)

As at 31 January 2026

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

R P Wachman

Director

Date: 10 September 2026

The notes on pages 3 to 7 form part of these financial statements.

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Conspicuous Limited

Notes to the financial statements

For the year ended 31 January 2026

1.	General information

The company is a private company limited by shares and incorporated in England and Wales. Its registered office and principal place of business is Unit 26, Parklands Railton Road, Guildford, Surrey, GU2 9JX. The company registration number is 03916431.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102 section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' ('FRS 102') and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgement in applying the company's accounting policies.

The following principal accounting policies have been applied:

2.2

Exemption from preparing consolidated financial statements

The company, and the group headed by it, qualify as small as set out in section 383 of the Companies Act 2006 and the parent and group are considered eligible for the exemption to prepare consolidated accounts.

These financial statements therefore present information about the company as an individual undertaking and not about its group.

2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

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Conspicuous Limited

Notes to the financial statements

For the year ended 31 January 2026

2.Accounting policies (continued)

2.4

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Turnover from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

2.6

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the company in independently administered funds.

2.7

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

2.8

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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Conspicuous Limited

Notes to the financial statements

For the year ended 31 January 2026

2.Accounting policies (continued)

2.8

Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

				Motor vehicles	-	25%	Straight line
				Fixtures, fittings and equipment	-	25%	Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.10

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.11

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, other third parties and loans to and from related parties.

2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including the directors, during the year was 12 (2025 - 15).

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Conspicuous Limited

Notes to the financial statements

For the year ended 31 January 2026

4.	Tangible fixed assets

		Fixtures, fittings and equipment
		£
	Cost
	At 1 February 2025	138,983
	At 31 January 2026	138,983
	Depreciation
	At 1 February 2025	124,864
	Charge for the year	11,556
	At 31 January 2026	136,420
	Net book value
	At 31 January 2026	2,563
	At 31 January 2025	14,119

5.	Fixed asset investments

		Investment in subsidiary company
		£
	Cost
	At 1 February 2025	81
	At 31 January 2026	81

Debtors

					2026	2025
					£	£


Trade debtors	42,126	104,541
Other debtors	440,333	440,523
	482,459	545,064

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Conspicuous Limited

Notes to the financial statements

For the year ended 31 January 2026

7.	Creditors: amounts falling due within one year
		2026	2025
		£	£

Amounts owed to group undertakings	81	81
Corporation tax	-	6,636
Other taxation and social security	53,512	42,074
Other creditors	73,738	38,857
Accruals	6,860	6,530
	134,191	94,178

8.	Pension commitments

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £24,922 (2025 - £19,613). Contributions totalling £1,822 (2025 - £2,662) were payable to the fund at the reporting date and are included in creditors.

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