THE PR POINT (UK) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023
The PR Point (UK) Limited is a private company limited by shares and incorporated in England and Wales, registration number 02472125. The registered office is 4 Woolgate Court, St Benedicts Street, Norwich, Norfolk, NR2 4AP.
2.Accounting policies
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Basis of preparation of financial statements
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The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are presented in sterling which is the functional currency of the Company and rounded to the nearest £.
The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.
The Company is also part of a VAT group registration. At 31 December 2023 the maximum contingent liability was £24,726 (2022: £37,483). No liability is expected to arise from other group members on this arrangement.
Group liabilities are covered by fixed and floating cross charges.
The company is controlled by The Point Organisation Limited, a company registered in England and Wales, by virtue of the fact it owns 100% of the issued share capital. This is also the company's ultimate controlling party and parent undertaking. The registered office is 4 Woolgate Court, St Benedicts Street, Norwich, Norfolk NR2 4AP.
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