Company Registration No. 07224493 (England and Wales)
Professional Agile Development Limited
Unaudited accounts
for the year ended 30 April 2024
Professional Agile Development Limited
Unaudited accounts
Contents
Professional Agile Development Limited
Company Information
for the year ended 30 April 2024
Company Number
07224493 (England and Wales)
Registered Office
42 Fordwich Road
Brightlingsea
Colchester
Essex
CO7 0RE
England
Accountants
Accounting Solutions Anglia Ltd
13 Cornflower Road
Jaywick Sands
Clacton on Sea
Essex
CO15 2RZ
Professional Agile Development Limited
Statement of financial position
as at 30 April 2024
Tangible assets
4,499
8,997
Cash at bank and in hand
4,656
20,977
Creditors: amounts falling due within one year
(9,590)
(21,491)
Net current liabilities
(934)
(514)
Total assets less current liabilities
3,565
8,483
Creditors: amounts falling due after more than one year
(21,478)
(7,185)
Net (liabilities)/assets
(17,913)
1,298
Called up share capital
1
1
Profit and loss account
(17,914)
1,297
Shareholders' funds
(17,913)
1,298
For the year ending 30 April 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 27 December 2024 and were signed on its behalf by
Anthony Knights
Director
Company Registration No. 07224493
Professional Agile Development Limited
Notes to the Accounts
for the year ended 30 April 2024
Professional Agile Development Limited is a private company, limited by shares, registered in England and Wales, registration number 07224493. The registered office is 42 Fordwich Road, Brightlingsea, Colchester, Essex, CO7 0RE, 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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% of Cost
Computer equipment
33.3% of Cost
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 May 2023
22,490
964
23,454
At 30 April 2024
22,490
964
23,454
At 1 May 2023
13,494
963
14,457
Charge for the year
4,498
-
4,498
At 30 April 2024
17,992
963
18,955
At 30 April 2024
4,498
1
4,499
At 30 April 2023
8,996
1
8,997
Professional Agile Development Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
4,943
4,956
Taxes and social security
(105)
(105)
Loans from directors
-
712
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
2,601
7,185
Loans from directors
18,877
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).