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REGISTERED NUMBER: 09993851 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Community PRAXIS Ltd

Community PRAXIS Ltd (Registered number: 09993851)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Community PRAXIS Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTORS: Mr M C Straw
Mrs S P Moncada





REGISTERED OFFICE: 9 Weylands Close
Forward Green
Stowmarket
Suffolk
IP14 5ER





REGISTERED NUMBER: 09993851 (England and Wales)





ACCOUNTANTS: Black Barn Accountants Ltd
The Technology Centre
Station Road
Framlingham
Woodbridge
Suffolk
IP13 9EZ

Community PRAXIS Ltd (Registered number: 09993851)

Balance Sheet
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 843 2,848

CURRENT ASSETS
Debtors 5 7,019 4,470
Cash at bank 5,984 7,708
13,003 12,178
CREDITORS
Amounts falling due within one year 6 5,769 6,762
NET CURRENT ASSETS 7,234 5,416
TOTAL ASSETS LESS CURRENT
LIABILITIES

8,077

8,264

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 8 7,977 8,164
SHAREHOLDERS' FUNDS 8,077 8,264

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by:





Mrs S P Moncada - Director


Community PRAXIS Ltd (Registered number: 09993851)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Community PRAXIS 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.
Office equipment - 25% on reducing balance

Taxation
Taxation for the period comprises current 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 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 balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Office
equipment
£   
COST
At 1 March 2023 6,091
Disposals (2,298 )
At 29 February 2024 3,793
DEPRECIATION
At 1 March 2023 3,243
Charge for year 282
Eliminated on disposal (575 )
At 29 February 2024 2,950
NET BOOK VALUE
At 29 February 2024 843
At 28 February 2023 2,848

Community PRAXIS Ltd (Registered number: 09993851)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Trade debtors 4,735 4,470
Other debtors 2,284 -
7,019 4,470

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
29.2.24 28.2.23
£    £   
Taxation and social security 4,988 5,703
Other creditors 781 1,059
5,769 6,762

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 29.2.24 28.2.23
value: £    £   
100 Ordinary £1 100 100

8. RESERVES
Retained
earnings
£   

At 1 March 2023 8,164
Profit for the year 19,313
Dividends (19,500 )
At 29 February 2024 7,977