IRIS Accounts Production v24.2.0.383 10137012 Board of Directors Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh101370122022-12-31101370122023-12-31101370122023-01-012023-12-31101370122021-12-31101370122022-01-012022-12-31101370122022-12-3110137012ns15:EnglandWales2023-01-012023-12-3110137012ns14:PoundSterling2023-01-012023-12-3110137012ns10:Director12023-01-012023-12-3110137012ns10:Director22023-01-012023-12-3110137012ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3110137012ns10:SmallEntities2023-01-012023-12-3110137012ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3110137012ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3110137012ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3110137012ns10:FullAccounts2023-01-012023-12-3110137012ns10:RegisteredOffice2023-01-012023-12-3110137012ns5:CurrentFinancialInstruments2023-12-3110137012ns5:CurrentFinancialInstruments2022-12-3110137012ns5:ShareCapital2023-12-3110137012ns5:ShareCapital2022-12-3110137012ns5:RetainedEarningsAccumulatedLosses2023-12-3110137012ns5:RetainedEarningsAccumulatedLosses2022-12-3110137012ns5:FurnitureFittings2023-01-012023-12-3110137012ns5:FurnitureFittings2022-12-3110137012ns5:FurnitureFittings2023-12-3110137012ns5:FurnitureFittings2022-12-3110137012ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3110137012ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-31
REGISTERED NUMBER: 10137012 (England and Wales)












P92 Group UK Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






P92 Group UK Limited (Registered number: 10137012)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 5


P92 Group UK Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A Wilmot
G Turschl





REGISTERED OFFICE: 8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW





REGISTERED NUMBER: 10137012 (England and Wales)





ACCOUNTANTS: Clarkson Cleaver & Bowes Ltd
8a Wingbury Courtyard
Business Village
Wingrave
Buckinghamshire
HP22 4LW

P92 Group UK Limited (Registered number: 10137012)

Balance Sheet
31 December 2023

31/12/23 31/12/22
Notes £    £   
FIXED ASSETS
Tangible assets 4 448 597

CURRENT ASSETS
Debtors 5 498,739 351,533
Cash at bank 102,155 122,063
600,894 473,596
CREDITORS
Amounts falling due within one
year

6

(538,976

)

(370,259

)
NET CURRENT ASSETS 61,918 103,337
TOTAL ASSETS LESS CURRENT
LIABILITIES

62,366

103,934

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 62,266 103,834
SHAREHOLDERS' FUNDS 62,366 103,934

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

P92 Group UK Limited (Registered number: 10137012)

Balance Sheet - continued
31 December 2023


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 13 August 2024 and were signed on its behalf by:




A Wilmot - Director



G Turschl - Director


P92 Group UK Limited (Registered number: 10137012)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

P92 Group UK Limited 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 represents net invoiced sales of services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement.

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 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 and that are expected to apply to the reversal of the timing difference.

Current or deferred taxation liabilities are not discounted.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

P92 Group UK Limited (Registered number: 10137012)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 January 2023
and 31 December 2023 2,102
DEPRECIATION
At 1 January 2023 1,505
Charge for year 149
At 31 December 2023 1,654
NET BOOK VALUE
At 31 December 2023 448
At 31 December 2022 597

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade debtors 445,564 351,533
Other debtors 53,175 -
498,739 351,533

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/12/23 31/12/22
£    £   
Trade creditors 477,183 285,612
Taxation and social security 60,645 79,002
Other creditors 1,148 5,645
538,976 370,259

7. RELATED PARTY DISCLOSURES

During the year the parent company, Gloster-P92 Informatikai Kft, invoiced £1,985,259, (2022: £1,083,598) to P92 Group UK Ltd.

8. ULTIMATE CONTROLLING PARENT

P92 Group UK Ltd is a subsidiary of Gloster-P92 Informatikai Kft. The parent company is registered at 1038 Budapest, Fürdo utca 2.