Company Registration No. 12425692 (England and Wales)
Promover Team Limited
Unaudited accounts
for the year ended 31 January 2023
Promover Team Limited
Unaudited accounts
Contents
Promover Team Limited
Company Information
for the year ended 31 January 2023
Directors
CICIN, Anatolij
KAMINSKYTE, Diana
Company Number
12425692 (England and Wales)
Registered Office
FLAT 6 WEST HILL ROAD
MONMOUTH HOUSE
LONDON
SW18 5HS
ENGLAND
Accountants
Lateral Accounting Ltd
2 Chestnut Road
Kingston Upon Thames
KT2 5AP
Promover Team Limited
Statement of financial position
as at 31 January 2023
Tangible assets
31,293
11,742
Cash at bank and in hand
536
730
Creditors: amounts falling due within one year
(51,000)
(52,764)
Net current liabilities
(50,820)
(51,700)
Total assets less current liabilities
(19,527)
(39,958)
Creditors: amounts falling due after more than one year
(16,808)
(5,917)
Net liabilities
(36,335)
(45,875)
Called up share capital
2
2
Profit and loss account
(36,337)
(45,877)
Shareholders' funds
(36,335)
(45,875)
For the year ending 31 January 2023 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 28 February 2023 and were signed on its behalf by
CICIN, Anatolij
Director
Company Registration No. 12425692
Promover Team Limited
Notes to the Accounts
for the year ended 31 January 2023
Promover Team Limited is a private company, limited by shares, registered in England and Wales, registration number 12425692. The registered office is FLAT 6 WEST HILL ROAD, MONMOUTH HOUSE, LONDON, SW18 5HS, 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:
Motor vehicles
25% straight line method
Fixtures & fittings
25% straight line method
Computer equipment
33% straight line method
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2022
27,525
1,210
448
29,183
Additions
19,700
-
-
19,700
At 31 January 2023
47,225
1,210
448
48,883
At 1 February 2022
16,910
351
180
17,441
Charge for the year
-
-
149
149
At 31 January 2023
16,910
351
329
17,590
At 31 January 2023
30,315
859
119
31,293
At 31 January 2022
10,615
859
268
11,742
Amounts falling due after more than one year
Promover Team Limited
Notes to the Accounts
for the year ended 31 January 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
15,069
510
Taxes and social security
1,406
721
Loans from directors
21,471
39,693
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
2,193
Other creditors
16,808
3,724
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).