PROFIT WITH PRINCIPLE LIMITED

Company Registration Number:
04371720 (England and Wales)

Unaudited micro entity accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

PROFIT WITH PRINCIPLE LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Footnotes to the Balance Sheet - 8

PROFIT WITH PRINCIPLE LIMITED

Company Information

for the Period Ended 28 February 2024




Director: Gregory McCrave
Rosemarie McCrave
Secretary: Rosemarie McCrave
Registered office: 26
Sandringham Park Drive
New Longton
Preston
Lancashire
England
PR4 4ZS
Company Registration Number: 04371720 (England and Wales)

PROFIT WITH PRINCIPLE LIMITED

Directors' Report Period Ended 28 February 2024

The directors present their report with the financial statements of the company for the period ended 28 February 2024

Principal Activities

The principal activity of the company in the year under review was that of Financial Services

Directors

The directors shown below have held office during the whole of the period from 01 March 2023 to 28 February 2024
Gregory McCrave
Rosemarie McCrave

Secretary
Rosemarie McCrave

This report was approved by the board of directors on 28 June 2024
And Signed On Behalf Of The Board By:

Name: Gregory McCrave
Status: Director

PROFIT WITH PRINCIPLE LIMITED

Profit and Loss Account

for the Period Ended 28 February 2024


2024
£

2023
£
Turnover 118,411 115,061
Income from coronavirus (COVID-19) business support grants 0 0
Other Income 0 14
Cost of Materials ( 43,723 ) ( 40,591 )
Staff Costs ( 41,713 ) ( 35,929 )
Depreciation and Writeoffs ( 0 ) ( 0 )
Other charges ( 6,095 ) ( 4,225 )
Tax on Profit ( 5,107 ) ( 6,497 )
Profit or (Loss) for Period 21,773 27,833

PROFIT WITH PRINCIPLE LIMITED

Balance sheet

As at 28 February 2024


2024
£

2023
£
Called up share capital not paid: 0 0
Fixed Assets: 0 0
Current assets: 22,477 35,395
Prepayments and accrued income: 0 0
Creditors: amounts falling due within one year: ( 6,163 ) ( 11,819 )
Net current assets (liabilities): 16,314 23,576
Total assets less current liabilities: 16,314 23,576
Creditors: amounts falling due after more than one year: ( 0 ) ( 0 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): 16,314 23,576
Capital and reserves: 16,314 23,576

PROFIT WITH PRINCIPLE LIMITED

Balance sheet continued

For the year ending 28 February 2024 the company was entitled to exemption 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 of the small companies regime applicable to micro-entities.

This report was approved by the board of directors on 28 June 2024
And Signed On Behalf Of The Board By:

Name: Gregory McCrave
Status: Director

The notes form part of these financial statements

PROFIT WITH PRINCIPLE LIMITED

Footnotes to the Financial Statements

for the Period Ended 28 February 2024

  • 1. Employee Information

    Average number of employees: 5

PROFIT WITH PRINCIPLE LIMITED

Footnotes to the Financial Statements

for the Period Ended 28 February 2024

  • 2. Off balance sheet disclosure

    No