Company Registration No. 10480199 (England and Wales)
Private Business Solutions investment Limited
Unaudited accounts
for the year ended 30 November 2024
Private Business Solutions investment Limited
Unaudited accounts
Contents
Private Business Solutions investment Limited
Statement of financial position
as at 30 November 2024
Investments
100,000
172,220
Cash at bank and in hand
52,497
19,359
Creditors: amounts falling due within one year
(4,673)
(30,735)
Net current assets
50,163
692
Net assets
150,163
173,317
Called up share capital
100
100
Share premium
399,984
399,984
Profit and loss account
(249,921)
(226,767)
Shareholders' funds
150,163
173,317
For the year ending 30 November 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 her 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 13 March 2025 and were signed on its behalf by
Jie Deng
Director
Company Registration No. 10480199
Private Business Solutions investment Limited
Notes to the Accounts
for the year ended 30 November 2024
Private Business Solutions investment Limited is a private company, limited by shares, registered in England and Wales, registration number 10480199. The registered office is Room Wh1.22 75, Whitechapel Road, London, E1 1DU.
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:
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 December 2023
443
3,219
3,662
At 30 November 2024
443
3,219
3,662
At 1 December 2023
443
2,814
3,257
Charge for the year
-
405
405
At 30 November 2024
443
3,219
3,662
At 30 November 2023
-
405
405
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Investments
Subsidiary undertakings
Valuation at 1 December 2023
172,220
Valuation at 30 November 2024
100,000
Private Business Solutions investment Limited
Notes to the Accounts
for the year ended 30 November 2024
Amounts falling due within one year
Amounts due from group undertakings etc.
-
1,962
7
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
710
3,790
Other creditors
3,963
12,029
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Average number of employees
During the year the average number of employees was 4 (2023: 10).