Panorama HR Limited 11691500 true 2022-12-01 2023-11-30 2023-11-30 The principal activity of the company is that of a recruitment agency. Digita Accounts Production Advanced 6.30.9574.0 true Mrs C Bishop 11691500 2022-12-01 2023-11-30 11691500 2023-11-30 11691500 core:RetainedEarningsAccumulatedLosses 2023-11-30 11691500 core:ShareCapital 2023-11-30 11691500 core:CurrentFinancialInstruments 2023-11-30 11691500 core:CurrentFinancialInstruments core:WithinOneYear 2023-11-30 11691500 core:FurnitureFittingsToolsEquipment 2023-11-30 11691500 bus:FRS102 2022-12-01 2023-11-30 11691500 bus:AuditExempt-NoAccountantsReport 2022-12-01 2023-11-30 11691500 bus:FullAccounts 2022-12-01 2023-11-30 11691500 bus:RegisteredOffice 2022-12-01 2023-11-30 11691500 bus:Director1 2022-12-01 2023-11-30 11691500 bus:EntityNoLongerTradingButTradedInPast 2022-12-01 2023-11-30 11691500 bus:Consolidated 2022-12-01 2023-11-30 11691500 bus:PrivateLimitedCompanyLtd 2022-12-01 2023-11-30 11691500 core:ComputerEquipment 2022-12-01 2023-11-30 11691500 countries:EnglandWales 2022-12-01 2023-11-30 11691500 2022-11-30 11691500 core:FurnitureFittingsToolsEquipment 2022-11-30 11691500 2022-11-30 11691500 core:RetainedEarningsAccumulatedLosses 2022-11-30 11691500 core:ShareCapital 2022-11-30 11691500 core:CurrentFinancialInstruments 2022-11-30 11691500 core:CurrentFinancialInstruments core:WithinOneYear 2022-11-30 11691500 core:FurnitureFittingsToolsEquipment 2022-11-30 iso4217:GBP

Registration number: 11691500

Panorama HR Limited

Annual Report and Unaudited Financial Statements

for the Year Ended 30 November 2023

 

Panorama HR Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 5

 

Panorama HR Limited

Company Information

Director

Mrs C Bishop

Registered office

Bridge House
41 Wincolmlee
Hull
East Yorkshire
HU2 8AG

 

Panorama HR Limited

(Registration number: 11691500)
Balance Sheet as at 30 November 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

3

299

299

Creditors: Amounts falling due within one year

(586)

(585)

Net liabilities

 

(287)

(286)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(288)

(287)

Shareholders' deficit

 

(287)

(286)

For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 30 August 2024
 

.........................................
Mrs C Bishop
Director

 

Panorama HR Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Bridge House
41 Wincolmlee
Hull
East Yorkshire
HU2 8AG
United Kingdom

These financial statements were authorised for issue by the director on 30 August 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Macbook Air

33% Reducing Balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Panorama HR Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

 

Panorama HR Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023

3

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 December 2022

759

759

At 30 November 2023

759

759

Depreciation

At 1 December 2022

460

460

At 30 November 2023

460

460

Carrying amount

At 30 November 2023

299

299

At 30 November 2022

299

299

4

Debtors

5

Cash and cash equivalents

2023
£

2022
£

6

Loans and borrowings

Current loans and borrowings

2023
£

2022
£

Other borrowings

586

585