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REGISTERED NUMBER: 00246376 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

THE POLITICAL QUARTERLY PUBLISHING
COMPANY LIMITED

THE POLITICAL QUARTERLY PUBLISHING
COMPANY LIMITED (REGISTERED NUMBER: 00246376)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE POLITICAL QUARTERLY PUBLISHING
COMPANY LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: Professor J Lovenduski
Professor T Modood
Dr M E Russell
Professor D Sassoon
Professor J Seaton
Professor H Z Margetts
Professor F M S Klug
Professor D Mabbett
Mr T M D Clark
Dr B E Jackson
Dame M E Hodge
Mr E S Miliband
Dr G J Kelly
Professor W P Grant
Ms J Williams
Ms E E Anderson
Ms D Lincoln
Prof P J Sloman





SECRETARY: Ms C J Dekker





REGISTERED OFFICE: Eden House
Two Rivers Business Park
Witney
Oxfordshire
OX28 4BL





REGISTERED NUMBER: 00246376 (England and Wales)





ACCOUNTANTS: Bronsens
Chartered Certified Accountants
Eden House
Two Rivers Business Park
Witney
Oxfordshire
OX28 4BL

THE POLITICAL QUARTERLY PUBLISHING
COMPANY LIMITED (REGISTERED NUMBER: 00246376)

BALANCE SHEET
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 21,266 28,355
Investments 5 373,966 362,881
395,232 391,236

CURRENT ASSETS
Debtors 6 82,927 77,263
Prepayments and accrued income - 7,500
Cash at bank 125,259 165,395
208,186 250,158
CREDITORS
Amounts falling due within one year 7 4,121 33,921
NET CURRENT ASSETS 204,065 216,237
TOTAL ASSETS LESS CURRENT
LIABILITIES

599,297

607,473

CREDITORS
Amounts falling due after more than one
year

8

2,090

2,090
NET ASSETS 597,207 605,383

CAPITAL AND RESERVES
Called up share capital 10 50 50
Retained earnings 597,157 605,333
SHAREHOLDERS' FUNDS 597,207 605,383

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

THE POLITICAL QUARTERLY PUBLISHING
COMPANY LIMITED (REGISTERED NUMBER: 00246376)

BALANCE SHEET - continued
31 DECEMBER 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 June 2024 and were signed on its behalf by:





Ms D Lincoln - Director


THE POLITICAL QUARTERLY PUBLISHING
COMPANY LIMITED (REGISTERED NUMBER: 00246376)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

The Political Quarterly Publishing Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

Turnover
Turnover represents the amounts payable to the company for the sale of magazines, books and subscriptions.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Website development - 25% on reducing balance

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. TANGIBLE FIXED ASSETS
Website
development
£   
COST
At 1 January 2023
and 31 December 2023 48,238
DEPRECIATION
At 1 January 2023 19,883
Charge for year 7,089
At 31 December 2023 26,972
NET BOOK VALUE
At 31 December 2023 21,266
At 31 December 2022 28,355

THE POLITICAL QUARTERLY PUBLISHING
COMPANY LIMITED (REGISTERED NUMBER: 00246376)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 January 2023 362,881
Additions 9,468
Disposals (5,220 )
Revaluations 6,837
At 31 December 2023 373,966
NET BOOK VALUE
At 31 December 2023 373,966
At 31 December 2022 362,881

Cost or valuation at 31 December 2023 is represented by:

Other
investments
£   
Valuation in 2023 6,837
Cost 367,129
373,966

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 82,462 76,502
VAT 465 761
82,927 77,263

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Accrued expenses 4,121 33,921

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
5% Mortgage Debentures 2,090 2,090

Amounts falling due in more than five years:

Repayable otherwise than by instalments
5% Mortgage Debentures 2,090 2,090

THE POLITICAL QUARTERLY PUBLISHING
COMPANY LIMITED (REGISTERED NUMBER: 00246376)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

9. SECURED DEBTS

The 5% mortgage debentures are secured by a floating charge on the company's undertaking.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.12.23 31.12.22
value: £    £   
25 Editorial shares £1 25 25
25 Management shares £1 25 25
50 50

11. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Editorial fees were paid to the following directors in the year under review:

Professor D Sassoon - £2,914 (2022 - £2,625)
Professor D Mabbett - £9,324 (2022 - £8,400)
Dr B E Jackson - £9,324 (2022 - £8,400)
Professor W P Grant - £2,914 (2022 - £2,625)