2023-04-01 07989784 2024-03-31 07989784 2023-04-01 2024-03-31 07989784 2023-03-31 07989784 2022-04-01 2023-03-31 07989784 uk-core:WithinOneYear 2023-03-31 07989784 uk-core:WithinOneYear 2024-03-31 07989784 uk-core:ShareCapital 2024-03-31 07989784 uk-core:ShareCapital 2023-03-31 07989784 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 07989784 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 07989784 uk-bus:Director1 2023-04-01 2024-03-31 07989784 uk-core:ComputerEquipment 2023-04-01 2024-03-31 07989784 2 uk-bus:Director1 2023-04-01 2024-03-31 07989784 2 uk-bus:Director1 2024-03-31 07989784 2 uk-bus:Director1 2023-03-31 07989784 3 uk-bus:Director2 2023-04-01 2024-03-31 07989784 3 uk-bus:Director2 2024-03-31 07989784 3 uk-bus:Director2 2023-03-31 iso4217:GBP xbrli:pure 07989784 uk-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 07989784 uk-bus:FRS102 2023-04-01 2024-03-31 07989784 uk-bus:FilletedAccounts 2023-04-01 2024-03-31 07989784 uk-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31
Practical Choice Partnership Limited
Registered Number:07989784
For the year ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2024
Practical Choice Partnership Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07989784
As at 31 March 2024
Practical Choice Partnership Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
97
131
2
97
131
Current assets
Trade and other receivables
10,781
5,319
3
26,319
Cash and cash equivalents
10,125
15,444
37,100
Trade and other payables: amounts falling due within one
year
(33,706)
(14,414)
4
3,394
1,030
Net current assets
Total assets less current liabilities
1,127
3,525
1,127
Net assets
3,525
Capital and reserves
Called up share capital
100
100
Retained earnings
1,027
3,425
1,127
3,525
Shareholders' funds
For the year ended 31 March 2024 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ziya Akguneyli Director
These financial statements were approved and authorised for issue by the Board on 03 July 2024 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 March 2024
Practical Choice Partnership Limited
Notes to the Financial Statements
Statutory Information
Practical Choice Partnership Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07989784.
Registered address:
14 New Road
West Molesey
Surrey
KT8 1QB
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25 Reducing balance
Computer Equipment
2. Property, plant and equipment
Computer
Equipment
£
Cost or
valuation
At 01 April 2023
1,315
At 31 March 2024
1,315
Provision for depreciation and impairment
At 01 April 2023
1,184
Charge for year
34
At 31 March 2024
1,218
At 31 March 2024
Net book value
97
At 31 March 2023
131
2 of 3
5
For the year ended 31 March 2024
Practical Choice Partnership Limited
Notes to the Financial Statements Continued
3. Trade and other receivables
2023
2024
£
£
Trade debtors
2,146
9,062
Other debtors
3,173
1,719
10,781
5,319
4. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
326
354
Taxation and social security
13,288
32,552
Other creditors
800
800
14,414
33,706
5. Directors advances and guarantees
At 01/04/2023
Loaned
At 31/03/2024
£
£
£
Ziya Akguneyli
Loan repayable on demand
1,586
-
1,586
1,586
-
1,586
Jayne Akguneyli
Loan repayable on demand
1,586
-
1,586
1,586
-
1,586
6. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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