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Principle IT Limited

Unaudited financial statements for the year ended 31 March 2024


Company information

Principle IT Limited is a private company limited by shares, registered in England and Wales, registered number 09500114.

The company's registered office is: 840 Ibis Court, Centre Park, Warrington, Cheshire, WA1 1RL, United Kingdom.

Balance Sheet

as at 31 March 2024

2024 2023
£ £
Fixed assets 24,268.95 32,358.60
Current assets 59,172.93 64,862.12
Prepayments and accrued income 424.50 217.46
Creditors: amounts falling due within one year (13,764.79) (6,672.51)
Net current assets / (liabilities) 45,832.64 58,407.07
Total assets less current liabilities 70,101.59 90,765.67
Accruals and deferred income (138.00) (151.00)
Net assets 69,963.59 90,614.67
Capital and reserves 69,963.59 90,614.67

For the year ending 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Directors' responsibilities:

Approved by the board of directors and signed on behalf of the board,

Andrew Prince
23 August 2024

Notes to the accounts

  1. Average number of employees

    During the year the average number of employees was 1 (2023: 1).