Company Registration No. 11678992 (England and Wales)
Progressive Planning Ltd
Unaudited accounts
for the year ended 31 March 2024
Progressive Planning Ltd
Unaudited accounts
Contents
Progressive Planning Ltd
Company Information
for the year ended 31 March 2024
Director
Miss Shikha Dasani
Company Number
11678992 (England and Wales)
Registered Office
262 Catherine Street
Diamond Business Building
Leicester
LE4 6GD
Accountants
Daniel Consultancy
Morritt House
54-60 Station Approach
South Ruislip
Ruislip
HA4 6SA
Progressive Planning Ltd
Statement of financial position
as at 31 March 2024
Tangible assets
2,650
3,534
Cash at bank and in hand
229,568
17,766
Creditors: amounts falling due within one year
(171,531)
(18,925)
Net current assets
68,501
78,534
Called up share capital
100
100
Profit and loss account
71,051
81,968
Shareholders' funds
71,151
82,068
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and authorised for issue on 4 September 2024 and were signed on its behalf by
Miss Shikha Dasani
Director
Company Registration No. 11678992
Progressive Planning Ltd
Notes to the Accounts
for the year ended 31 March 2024
Progressive Planning Ltd is a private company, limited by shares, registered in England and Wales, registration number 11678992. The registered office is 262 Catherine Street, Diamond Business Building, Leicester, LE4 6GD.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties.
Progressive Planning Ltd
Notes to the Accounts
for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
4,475
1,719
6,194
At 31 March 2024
4,475
1,719
6,194
At 1 April 2023
2,553
107
2,660
Charge for the year
481
403
884
At 31 March 2024
3,034
510
3,544
At 31 March 2024
1,441
1,209
2,650
At 31 March 2023
1,922
1,612
3,534
Amounts falling due within one year
Accrued income and prepayments
266
248
Other debtors
9,958
79,445
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
3,510
17,455
Loans from directors
167,896
-
7
Transactions with related parties
The director is also a director an shareholder of the Amalaki Developments Ltd.
At the reporting date Amalaki Developments Ltd owed the company £9,958 (2023: £9,958)
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).