Registered number
10266279
Passionbrand Progress Limited
Unaudited Filleted Accounts
31 March 2024
Passionbrand Progress Limited
Registered number: 10266279
Balance Sheet
as at 31 March 2024
Notes 2024 2023
£ £
Current assets
Cash at bank and in hand 18,168 25,422
Creditors: amounts falling due within one year 4 380 (5,573)
Net current assets 18,548 19,849
Net assets 18,548 19,849
Capital and reserves
Called up share capital 100 100
Profit and loss account 18,448 19,749
Shareholders' funds 18,548 19,849
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
S J Hillas
Director
Approved by the board on 24 April 2024
Passionbrand Progress Limited
Notes to the Accounts
for the year ended 31 March 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 2 2
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 April 2023 1,258
At 31 March 2024 1,258
Depreciation
At 1 April 2023 1,258
At 31 March 2024 1,258
Net book value
At 31 March 2024 -
4 Creditors: amounts falling due within one year 2024 2023
£ £
Taxation and social security costs (436) 3,774
Other creditors 56 1,799
(380) 5,573
5 Other information
Passionbrand Progress Limited is a private company limited by shares and incorporated in England. Its registered office is:
10 Station Road
Henley on Thames
Oxfordshire
RG9 1AY
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