POSITIONEERING LIMITED

Company Registration Number:
SC347964 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2022

Period of accounts

Start date: 01 January 2022

End date: 31 December 2022

POSITIONEERING LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2022

Balance sheet
Notes

POSITIONEERING LIMITED

Balance sheet

As at 31 December 2022


Notes

2022

2021


£

£
Called up share capital not paid: 0 0
Fixed assets
Intangible assets: 3 4,445,957 4,301,840
Tangible assets:   0 0
Investments:   0 0
Total fixed assets: 4,445,957 4,301,840
Current assets
Stocks: 312,976 222,646
Debtors:   34,558 0
Cash at bank and in hand: 2,582 0
Investments:   0 0
Total current assets: 350,116 222,646
Creditors: amounts falling due within one year:   (7,620) (81,347)
Net current assets (liabilities): 342,496 141,299
Total assets less current liabilities: 4,788,453 4,443,139
Creditors: amounts falling due after more than one year: 4 (501,512) (127,627)
Provision for liabilities: 0 0
Total net assets (liabilities): 4,286,941 4,315,512
Capital and reserves
Called up share capital: 336,492 336,492
Share premium account: 5,313,357 5,313,357
Revaluation reserve: 00
Other reserves: 0 0
Profit and loss account: (1,362,908) (1,334,337)
Shareholders funds: 4,286,941 4,315,512

The notes form part of these financial statements

POSITIONEERING LIMITED

Balance sheet statements

For the year ending 31 December 2022 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 19 January 2024
and signed on behalf of the board by:

Name: Antony Leary
Status: Director

The notes form part of these financial statements

POSITIONEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

POSITIONEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

2. Employees

2022 2021
Average number of employees during the period 2 2

POSITIONEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

3. Intangible Assets

Total
Cost £
At 01 January 2022 4,301,840
Additions 144,117
Disposals 0
Revaluations 0
Transfers 0
At 31 December 2022 4,445,957
Amortisation
At 01 January 2022 0
Charge for year 0
On disposals 0
Other adjustments 0
At 31 December 2022 0
Net book value
At 31 December 2022 4,445,957
At 31 December 2021 4,301,840

POSITIONEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2022

4. Creditors: amounts falling due after more than one year note

Represents a loan to a related party