Company Registration No. 06193499 (England and Wales)
Prism (P&PMO) Limited
Unaudited accounts
for the year ended 31 March 2024
Prism (P&PMO) Limited
Unaudited accounts
Contents
Prism (P&PMO) Limited
Company Information
for the year ended 31 March 2024
Company Number
06193499 (England and Wales)
Registered Office
3 Barnett Way
Northleach
Cheltenham
Gloucestershire
GL54 3JQ
England
Accountants
Sage Accounting Ltd
19 Lomond Close
Tamworth
Staffordshire
United Kingdom
B79 8ET
Prism (P&PMO) Limited
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
47
-
Creditors: amounts falling due within one year
(10,302)
(10,622)
Net current liabilities
(2,720)
(2,532)
Net liabilities
(2,720)
(2,532)
Called up share capital
1
1
Profit and loss account
(2,721)
(2,533)
Shareholders' funds
(2,720)
(2,532)
For the year ending 31 March 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 his 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 24 December 2024 and were signed on its behalf by
Mr. D Rodgers
Director
Company Registration No. 06193499
Prism (P&PMO) Limited
Notes to the Accounts
for the year ended 31 March 2024
Prism (P&PMO) Limited is a private company, limited by shares, registered in England and Wales, registration number 06193499. The registered office is 3 Barnett Way, Northleach, Cheltenham, Gloucestershire, GL54 3JQ, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% reducing balance
Computer equipment
3 years straight line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 April 2023
1,000
3,398
4,398
At 31 March 2024
1,000
3,398
4,398
At 1 April 2023
1,000
3,398
4,398
At 31 March 2024
1,000
3,398
4,398
Prism (P&PMO) Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
2,454
10,622
Loans from directors
7,848
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).