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REGISTERED NUMBER: 13913957 (England and Wales)


















Financial Statements for the Year Ended 31 March 2024

for

PREPARED LTD

PREPARED LTD (REGISTERED NUMBER: 13913957)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PREPARED LTD

Company Information
for the Year Ended 31 March 2024







DIRECTOR: H E Manning





REGISTERED OFFICE: C/O BDA Associates Limited
Global House
1 Ashley Avenue
Epsom
Surrey
KT18 5AD





REGISTERED NUMBER: 13913957 (England and Wales)





ACCOUNTANTS: BDA Associates Limited
Chartered Accountants
Global House
1 Ashley Avenue
Epsom
Surrey
KT18 5AD

PREPARED LTD (REGISTERED NUMBER: 13913957)

Statement of Financial Position
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 30,141 45,212

CURRENT ASSETS
Debtors 5 20,411 11,099
Cash at bank 525 471
20,936 11,570
CREDITORS
Amounts falling due within one year 6 12,083 8,637
NET CURRENT ASSETS 8,853 2,933
TOTAL ASSETS LESS CURRENT
LIABILITIES

38,994

48,145

CREDITORS
Amounts falling due after more than one
year

7

38,561

46,118
NET ASSETS 433 2,027

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 333 1,927
SHAREHOLDERS' FUNDS 433 2,027

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

PREPARED LTD (REGISTERED NUMBER: 13913957)

Statement of Financial Position - continued
31 March 2024


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 director and authorised for issue on 19 November 2024 and were signed by:





H E Manning - Director


PREPARED LTD (REGISTERED NUMBER: 13913957)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Prepared Ltd 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.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

PREPARED LTD (REGISTERED NUMBER: 13913957)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 April 2023
and 31 March 2024 60,093 190 60,283
DEPRECIATION
At 1 April 2023 15,023 48 15,071
Charge for year 15,024 47 15,071
At 31 March 2024 30,047 95 30,142
NET BOOK VALUE
At 31 March 2024 30,046 95 30,141
At 31 March 2023 45,070 142 45,212

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 4,411 2,099
Amounts recoverable on contracts 16,000 9,000
20,411 11,099

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 7,557 7,557
Trade creditors 1,047 703
Taxation and social security 3,387 -
Other creditors 92 377
12,083 8,637

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Hire purchase contracts 38,561 46,118

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.3.24 31.3.23
value: £    £   
100 Ordinary £1 100 100