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REGISTERED NUMBER: 07840792 (England and Wales)


















Financial Statements for the Year Ended 31 March 2024

for

PULSE MAPPING LTD

PULSE MAPPING LTD (REGISTERED NUMBER: 07840792)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PULSE MAPPING LTD

Company Information
for the Year Ended 31 March 2024







DIRECTORS: N Grant
M White





REGISTERED OFFICE: The Bothy
Albury Park
GUILDFORD
Surrey
GU5 9BH





REGISTERED NUMBER: 07840792 (England and Wales)





ACCOUNTANTS: BDA Associates Limited
Chartered Accountants
Global House
1 Ashley Avenue
Epsom
Surrey
KT18 5AD

PULSE MAPPING LTD (REGISTERED NUMBER: 07840792)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 24,641 18,600

CURRENT ASSETS
Stocks 1,906 1,325
Debtors 5 72,667 85,533
Cash at bank 45,109 25,520
119,682 112,378
CREDITORS
Amounts falling due within one year 6 75,813 65,572
NET CURRENT ASSETS 43,869 46,806
TOTAL ASSETS LESS CURRENT
LIABILITIES

68,510

65,406

CREDITORS
Amounts falling due after more than one
year

7

28,026

41,947
NET ASSETS 40,484 23,459

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 40,384 23,359
40,484 23,459

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PULSE MAPPING LTD (REGISTERED NUMBER: 07840792)

Balance Sheet - continued
31 March 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by:




M White - Director



N Grant - Director


PULSE MAPPING LTD (REGISTERED NUMBER: 07840792)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Pulse Mapping Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

PULSE MAPPING LTD (REGISTERED NUMBER: 07840792)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 110,349 34,429 3,381 148,159
Additions 14,255 - - 14,255
At 31 March 2024 124,604 34,429 3,381 162,414
DEPRECIATION
At 1 April 2023 100,748 25,791 3,020 129,559
Charge for year 5,964 2,160 90 8,214
At 31 March 2024 106,712 27,951 3,110 137,773
NET BOOK VALUE
At 31 March 2024 17,892 6,478 271 24,641
At 31 March 2023 9,601 8,638 361 18,600

All finance agreements for motor vehicles have been cleared in the year and these are now shown within the general pool of motor vehicles (non finance).

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 57,873 59,252
Other debtors 14,794 26,281
72,667 85,533

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts - 3,598
Trade creditors 19,097 6,009
Taxation and social security 42,447 40,458
Other creditors 4,269 5,507
75,813 65,572

PULSE MAPPING LTD (REGISTERED NUMBER: 07840792)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 12,439 22,340
Other creditors 15,587 19,607
28,026 41,947