REGISTERED NUMBER: 07486738 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Projective Consulting Ltd

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

J R Taylor

A J Taylor

J W Law

REGISTERED OFFICE:

The Oak Barns

Romsley Lane

Romsley

Bridgnorth

Shropshire

WV15 6HW

REGISTERED NUMBER:

07486738 (England and Wales)

ACCOUNTANTS:

Wilkes Tranter & Co Limited

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Directors' Report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Projective Consulting Ltd for the year ended 31 March 2026 which comprise the Profit and Loss account, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Projective Consulting Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Projective Consulting Ltd and state those matters that we have agreed to state to the Board of Directors of Projective Consulting Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Projective Consulting Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Projective Consulting Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Projective Consulting Ltd. You consider that Projective Consulting Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Projective Consulting Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Wilkes Tranter & Co Limited

Brook House

Moss Grove

Kingswinford

West Midlands

DY6 9HS

23 June 2026

FIXED ASSETS

Tangible assets

4

569,772

566,460

Investments

5

1

1

569,773

566,461

CURRENT ASSETS

Stocks

85,000

95,000

Debtors

6

1,506,487

694,603

Cash at bank

1,023,107

1,055,287

2,614,594

1,844,890

CREDITORS

Amounts falling due within one year

7

(1,321,851

)

(701,475

)

NET CURRENT ASSETS

1,292,743

1,143,415

TOTAL ASSETS LESS CURRENT LIABILITIES

1,862,516

1,709,876

CREDITORS

Amounts falling due after more than one year

8

(317,973

)

(183,741

)

PROVISIONS FOR LIABILITIES

(37,139

)

(38,682

)

NET ASSETS

1,507,404

1,487,453

CAPITAL AND RESERVES

Called up share capital

955

1,000

Capital redemption reserve

45

-

Retained earnings

1,506,404

1,486,453

1,507,404

1,487,453

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 June 2026 and were signed on its behalf by:

A J Taylor - Director

J R Taylor - Director

1.	STATUTORY INFORMATION

Projective Consulting Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Fixtures and fittings

-

straight line over 3 years and straight line over 2 years

Motor vehicles

-

25% on reducing balance

Investments in associates

Investments in associate undertakings are recognised at cost.

Stocks

Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The

capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2025 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2025

172,917

15,138

445,144

633,199

Additions

-

11,102

306,443

317,545

Disposals

(172,917

)

-

-

(172,917

)

At 31 March 2026

-

26,240

751,587

777,827

DEPRECIATION

At 1 April 2025

-

11,116

55,623

66,739

Charge for year

-

2,594

138,722

141,316

At 31 March 2026

-

13,710

194,345

208,055

NET BOOK VALUE

At 31 March 2026

-

12,530

557,242

569,772

At 31 March 2025

172,917

4,022

389,521

566,460

It is the company's policy to continually maintain and refurbish all freehold buildings. No depreciation is therefore provided as in the opinion of the directors, the residual values will be so high, and the lives of such assets so long, that any depreciation would be immaterial.

Fixed assets, included in the above, which are held under finance leases are as follows:

Motor

vehicles

£

COST

At 1 April 2025

258,113

Additions

264,955

At 31 March 2026

523,068

DEPRECIATION

At 1 April 2025

21,795

Charge for year

93,507

At 31 March 2026

115,302

NET BOOK VALUE

At 31 March 2026

407,766

At 31 March 2025

236,318

5.	FIXED ASSET INVESTMENTS

Interest

in

associate

£

COST

At 1 April 2025

and 31 March 2026

1

NET BOOK VALUE

At 31 March 2026

1

At 31 March 2025

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

1,334,443

598,369

Other debtors

172,044

96,234

1,506,487

694,603

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Finance leases

84,949

42,737

Trade creditors

130,271

211,578

Taxation and social security

970,204

378,047

Other creditors

136,427

69,113

1,321,851

701,475

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Finance leases

317,973

183,741