Company Registration No. 09276636 (England and Wales)
TheProcurementCo Ltd
Unaudited accounts
for the year ended 31 March 2024
TheProcurementCo Ltd
Unaudited accounts
Contents
TheProcurementCo Ltd
Company Information
for the year ended 31 March 2024
Directors
Richard Frederick Wilcox
Nicholas James Taplin
Secretary
Christina Wilcox
Company Number
09276636 (England and Wales)
Registered Office
JUBILEE FARM
JUBILEE ROAD
AXBRIDGE
Somerset
BS26 2DA
ENGLAND
Accountants
Christina Wilcox
Jubilee Farm
Jubilee Road
Axbridge
Somerset
BS26 2DA
TheProcurementCo Ltd
Statement of financial position
as at 31 March 2024
Called up share capital not paid
100
100
Cash at bank and in hand
57,634
32,545
Creditors: amounts falling due within one year
(183,502)
(169,833)
Net current assets
114,442
81,240
Total assets less current liabilities
165,094
132,606
Creditors: amounts falling due after more than one year
(23,333)
(33,333)
Called up share capital
100
100
Profit and loss account
141,661
99,173
Shareholders' funds
141,761
99,273
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 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 1 August 2024 and were signed on its behalf by
Richard Frederick Wilcox
Director
Company Registration No. 09276636
TheProcurementCo Ltd
Notes to the Accounts
for the year ended 31 March 2024
TheProcurementCo Ltd is a private company, limited by shares, registered in England and Wales, registration number 09276636. The registered office is JUBILEE FARM, JUBILEE ROAD, AXBRIDGE, Somerset, BS26 2DA, ENGLAND.
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.
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:
Fixtures & fittings
20% Straight line
Computer equipment
33% Straight line
Investments in shares are included at fair value.
4
Tangible fixed assets
Computer equipment
TheProcurementCo Ltd
Notes to the Accounts
for the year ended 31 March 2024
5
Investments
Other investments
Valuation at 1 April 2023
50,000
Valuation at 31 March 2024
50,000
Amounts falling due within one year
Trade debtors
33,382
37,983
Accrued income and prepayments
206,928
180,545
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
137,805
100,816
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).