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Company Registration No. 11668101 (England and Wales)
Praemunis Ltd Unaudited accounts for the year ended 30 November 2023
Praemunis Ltd Unaudited accounts Contents
Page
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Praemunis Ltd Company Information for the year ended 30 November 2023
Directors
Timothy McClune Natasha Mary McClune
Company Number
11668101 (England and Wales)
Accountants
Emily Pearson Associates Ltd 2 West View Mangotsfeild Bristol BS16 9DU
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Praemunis Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
2,785 
1,863 
Current assets
Debtors
123,307 
102,564 
Cash at bank and in hand
(332)
19,607 
122,975 
122,171 
Creditors: amounts falling due within one year
(124,709)
(123,115)
Net current liabilities
(1,734)
(944)
Total assets less current liabilities
1,051 
919 
Provisions for liabilities
Deferred tax
(407)
- 
Net assets
644 
919 
Capital and reserves
Profit and loss account
644 
919 
Shareholders' funds
644 
919 
For the year ending 30 November 2023 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 27 August 2024 and were signed on its behalf by
Timothy McClune Director Company Registration No. 11668101
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Praemunis Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
Praemunis Ltd is a private company, limited by shares, registered in England and Wales, registration number 11668101.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
NA
Plant & machinery
NA
Computer equipment
25%
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 December 2022
4,011 
Additions
2,145 
At 30 November 2023
6,156 
Depreciation
At 1 December 2022
2,148 
Charge for the year
1,223 
At 30 November 2023
3,371 
Net book value
At 30 November 2023
2,785 
At 30 November 2022
1,863 
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Praemunis Ltd Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
14,040 
Other debtors
123,307 
88,524 
123,307 
102,564 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
56,608 
53,263 
Trade creditors
134 
133 
Amounts owed to group undertakings and other participating interests
- 
409 
Taxes and social security
61,538 
62,881 
Accruals
6,429 
6,429 
124,709 
123,115 
7
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Directors
47,553 
70,782 
27,098 
91,237 
Director
18,902 
- 
8,902 
10,000 
66,455 
70,782 
36,000 
101,237 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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