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Company Registration No. 4114388 (England and Wales)
Candid Accountants Limited Unaudited accounts for the year ended 31 March 2025
Candid Accountants Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Candid Accountants Limited Company Information for the year ended 31 March 2025
Directors
Stanley Olutola Laura Michelle Djonkam-Nankam
Secretary
Stanley Olutola
Company Number
4114388 (England and Wales)
Registered Office
43 High street Thornton Heath surrey CR7 8RW United Kingdom
Accountants
Candid Accountants Limited 43 High Street Thornton Heath SURREY CR7 8RW
- 3 -
Candid Accountants Limited Statement of financial position as at 31 March 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
1 
235 
Current assets
Cash at bank and in hand
6 
6 
Net current assets
6 
6 
Total assets less current liabilities
7 
241 
Creditors: amounts falling due after more than one year
5
(120,583)
(128,580)
Net liabilities
(120,576)
(128,339)
Capital and reserves
Called up share capital
100 
100 
Capital redemption reserve
217,598 
217,598 
Profit and loss account
(338,274)
(346,037)
Shareholders' funds
(120,576)
(128,339)
For the year ending 31 March 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 25 November 2025 and were signed on its behalf by
Laura Michelle Djonkam-Nankam Director Company Registration No. 4114388
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Candid Accountants Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
Candid Accountants Limited is a private company, limited by shares, registered in England and Wales, registration number 4114388. The registered office is 43 High street, Thornton Heath, surrey, CR7 8RW, United Kingdom.
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:
Land & buildings
25%
Plant & machinery
25%
Motor vehicles
25%
Fixtures & fittings
25%
Computer equipment
25%
Other tangible fixed assets
25%
4
Tangible fixed assets
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2024
55,522 
9,517 
65,039 
At 31 March 2025
55,522 
9,517 
65,039 
Depreciation
At 1 April 2024
55,680 
9,124 
64,804 
Charge for the year
234 
- 
234 
At 31 March 2025
55,914 
9,124 
65,038 
Net book value
At 31 March 2025
(392)
393 
1 
At 31 March 2024
(158)
393 
235 
- 5 -
Candid Accountants Limited Notes to the Accounts for the year ended 31 March 2025
5
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Other creditors
120,583 
128,580 
6
Average number of employees
During the year the average number of employees was 0 (2024: 0).
- 6 -