Company registration number 09434053 (England and Wales)
PR Search Ltd
Unaudited Financial Statements
For The Year Ended 29 February 2024
Pages For Filing With Registrar
Pinnick Lewis LLP
Chartered Certified Accountants
Handel House
95 High Street
Edgware
HA8 7DB
PR Search Ltd
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PR Search Ltd
BALANCE SHEET
As At 29 February 2024
- 1 -
29 February 2024
28 February 2023
Notes
£
£
£
£
Current assets
Debtors
3
69
598
Cash at bank and in hand
47,080
46,257
47,149
46,855
Creditors: amounts falling due within one year
4
(6,371)
(13,975)
Net current assets
40,778
32,880
Capital and reserves
Called up share capital
1
1
Profit and loss reserves
40,777
32,879
Total equity
40,778
32,880
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The financial statements were approved and signed by the director and authorised for issue on 22 November 2024
Mr D Collett
Director
Company registration number 09434053 (England and Wales)
PR Search Ltd
NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 29 February 2024
- 2 -
1
Accounting policies
Company information
PR Search Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Handel House, 95 High Street, Edgware, HA8 7DB.
1.1
Accounting convention
The financial statements of the company for the year ended 28 February 2023 have been prepared in
accordance with the provisions of FRS 102 Section 1A (Small Entities) and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and
value added tax.
1.3
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
1.4
Financial instruments
Basic financial liabilities
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using
the effective interest rate method, unless the effect of discounting would be immaterial, in which case they
are stated at cost.
1.5
Taxation
The tax expense represents the sum of the tax currently payable and deferred tax.
Current tax
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the
financial year and is calculated using the tax rates and laws that have been enacted or substantially enacted at the Balance Sheet date.
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
1
1
PR Search Ltd
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
For The Year Ended 29 February 2024
- 3 -
3
Debtors
2024
2023
Amounts falling due within one year:
£
£
Corporation tax recoverable
598
Other debtors
69
69
598
4
Creditors: amounts falling due within one year
2024
2023
£
£
Corporation tax
4,984
1,786
Other taxation and social security
75
2,405
Other creditors
1,312
9,784
6,371
13,975