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Company Registration No. 12322336 (England and Wales)
247ACTION LTD Forecast for the year ended 30 November 2022
247ACTION LTD Forecast Contents
Page
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247ACTION LTD Company Information for the year ended 30 November 2022
Director
Lord R Hill
Company Number
12322336 (England and Wales)
Registered Office
SUITE 45 95 MORTIMER STREET LONDON W1W 7GB ENGLAND
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247ACTION LTD Statement of financial position as at 30 November 2022
2022 
2021 
Notes
£ 
£ 
Fixed assets
Tangible assets
61,100 
58,200 
Current assets
Debtors
1,336,459 
1,081,200 
Cash at bank and in hand
575,627 
(74,802)
1,912,086 
1,006,398 
Creditors: amounts falling due within one year
(954,191)
(624,005)
Net current assets
957,895 
382,393 
Net assets
1,018,995 
440,593 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,018,895 
440,493 
Shareholders' funds
1,018,995 
440,593 
For the year ending 30 November 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 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 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 10 August 2022 and were signed on its behalf by
Lord R Hill Director Company Registration No. 12322336
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247ACTION LTD Notes to the Accounts for the year ended 30 November 2022
1
Statutory information
247ACTION LTD is a private company, limited by shares, registered in England and Wales, registration number 12322336. The registered office is SUITE 45 95 MORTIMER STREET, LONDON, W1W 7GB, 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.
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:
Fixtures & fittings
10 years straight line
Computer equipment
3 years straight line
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2021
58,000 
9,000 
67,000 
Additions
13,000 
- 
13,000 
At 30 November 2022
71,000 
9,000 
80,000 
Depreciation
At 1 December 2021
5,800 
3,000 
8,800 
Charge for the year
7,100 
3,000 
10,100 
At 30 November 2022
12,900 
6,000 
18,900 
Net book value
At 30 November 2022
58,100 
3,000 
61,100 
At 30 November 2021
52,200 
6,000 
58,200 
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247ACTION LTD Notes to the Accounts for the year ended 30 November 2022
5
Debtors
2022 
2021 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
680,879 
425,620 
Other debtors
655,580 
655,580 
1,336,459 
1,081,200 
6
Creditors: amounts falling due within one year
2022 
2021 
£ 
£ 
VAT
182,102 
85,233 
Trade creditors
479,810 
291,041 
Taxes and social security
292,279 
247,731 
954,191 
624,005 
7
Average number of employees
During the year the average number of employees was 3 (2021: 3).
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