Company Registration No. 12322336 (England and Wales)
247ACTION LTD
Forecast
for the year ended 30 November 2022
247ACTION LTD
Forecast
Contents
247ACTION LTD
Company Information
for the year ended 30 November 2022
Company Number
12322336 (England and Wales)
Registered Office
SUITE 45 95 MORTIMER STREET
LONDON
W1W 7GB
ENGLAND
247ACTION LTD
Statement of financial position
as at 30 November 2022
Tangible assets
61,100
58,200
Debtors
1,336,459
1,081,200
Cash at bank and in hand
575,627
(74,802)
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
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
247ACTION LTD
Notes to the Accounts
for the year ended 30 November 2022
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
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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
At 30 November 2022
71,000
9,000
80,000
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
At 30 November 2022
58,100
3,000
61,100
At 30 November 2021
52,200
6,000
58,200
247ACTION LTD
Notes to the Accounts
for the year ended 30 November 2022
Amounts falling due after more than one year
Trade debtors
680,879
425,620
Other debtors
655,580
655,580
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Creditors: amounts falling due within one year
2022
2021
Trade creditors
479,810
291,041
Taxes and social security
292,279
247,731
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Average number of employees
During the year the average number of employees was 3 (2021: 3).