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Company Registration No. 14006453 (England and Wales)
Pre-Image Learning and Action Ltd Filleted accounts for the year ended 29 February 2024
Pre-Image Learning and Action Ltd Filleted accounts Contents
Page
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Pre-Image Learning and Action Ltd Company Information for the year ended 29 February 2024
Director
Ope Lori
Company Number
14006453 (England and Wales)
Registered Office
3 BRUNSWICK GARDENS ILFORD ESSEX IG6 2QU UNITED KINGDOM
Accountants
SSJ Accountants Ltd 173A High Street Beckenham Kent BR3 1AH
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Pre-Image Learning and Action Ltd for the year ended 29 February 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Pre-Image Learning and Action Ltd for the year ended 29 February 2024 as set out on pages 5 - 7 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Pre-Image Learning and Action Ltd, as a body, in accordance with the terms of our engagement letter dated 25 March 2022. Our work has been undertaken solely to prepare for your approval the accounts of Pre-Image Learning and Action Ltd and state those matters that we have agreed to state to the Board of Directors of Pre-Image Learning and Action Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pre-Image Learning and Action Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pre-Image Learning and Action Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Pre-Image Learning and Action Ltd. You consider that Pre-Image Learning and Action Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Pre-Image Learning and Action Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
SSJ Accountants Ltd Chartered Accountants 173A High Street Beckenham Kent BR3 1AH 16 September 2024
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Pre-Image Learning and Action Ltd Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
591 
788 
Current assets
Debtors
800 
1,197 
Cash at bank and in hand
(2,137)
(1,116)
(1,337)
81 
Creditors: amounts falling due within one year
19,772 
5,120 
Net current assets
18,435 
5,201 
Net assets
19,026 
5,989 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
19,016 
5,979 
Shareholders' funds
19,026 
5,989 
For the year ending 29 February 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 18 September 2024 and were signed on its behalf by
Ope Lori Director Company Registration No. 14006453
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Pre-Image Learning and Action Ltd Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
Pre-Image Learning and Action Ltd is a private company, limited by shares, registered in England and Wales, registration number 14006453. The registered office is 3 BRUNSWICK GARDENS, ILFORD, ESSEX, IG6 2QU, UNITED KINGDOM.
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:
Computer equipment
25% reducing balance
Turnover
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.
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 March 2023
1,051 
At 29 February 2024
1,051 
Depreciation
At 1 March 2023
263 
Charge for the year
197 
At 29 February 2024
460 
Net book value
At 29 February 2024
591 
At 28 February 2023
788 
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Pre-Image Learning and Action Ltd Notes to the Accounts for the year ended 29 February 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
1,197 
Amounts falling due after more than one year
Trade debtors
800 
- 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
228 
1,110 
Taxes and social security
6,477 
3,224 
Loans from directors
(27,052)
(10,029)
Accruals
575 
575 
(19,772)
(5,120)
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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