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Company Registration No. 09371558 (England and Wales)
PROFIT ACCOUNTANTS LIMITED Unaudited accounts for the year ended 31 January 2022
PROFIT ACCOUNTANTS LIMITED Unaudited accounts Contents
Page
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PROFIT ACCOUNTANTS LIMITED Company Information for the year ended 31 January 2022
Director
Hristina Stefanova Hristova
Company Number
09371558 (England and Wales)
Registered Office
58 AVENUE ROAD LONDON N14 4EE ENGLAND
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PROFIT ACCOUNTANTS LIMITED Statement of financial position as at 31 January 2022
2022 
2021 
Notes
£ 
£ 
Current assets
Debtors
5,258 
12,758 
Cash at bank and in hand
36,152 
39,685 
41,410 
52,443 
Creditors: amounts falling due within one year
5,020 
65 
Net current assets
46,430 
52,508 
Total assets less current liabilities
46,430 
52,508 
Creditors: amounts falling due after more than one year
(43,448)
(49,964)
Net assets
2,982 
2,544 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
2,981 
2,543 
Shareholders' funds
2,982 
2,544 
For the year ending 31 January 2022 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 her 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 and authorised for issue on 14 September 2022 and were signed on its behalf by
Hristina Stefanova Hristova Director Company Registration No. 09371558
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PROFIT ACCOUNTANTS LIMITED Notes to the Accounts for the year ended 31 January 2022
1
Statutory information
PROFIT ACCOUNTANTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09371558. The registered office is 58 AVENUE ROAD, LONDON, N14 4EE, ENGLAND.
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.
4
Debtors: amounts falling due within one year
2022 
2021 
£ 
£ 
Trade debtors
5,258 
12,758 
5
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
Taxes and social security
2,713 
1,820 
Loans from directors
(7,733)
(1,885)
(5,020)
(65)
6
Creditors: amounts falling due after more than one year
2022 
2021 
£ 
£ 
Bank loans
43,448 
49,964 
7
Average number of employees
During the year the average number of employees was 5 (2021: 4).
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