Company Registration No. 10103770 (England and Wales)
PLEASE CONNECT ME LIMITED
Unaudited accounts
for the year ended 31 March 2024
PLEASE CONNECT ME LIMITED
Unaudited accounts
Contents
PLEASE CONNECT ME LIMITED
Company Information
for the year ended 31 March 2024
Directors
Ms Kelly Munro
Mr Daniel Munro
Mr Michael Dennehy
Company Number
10103770 (England and Wales)
Registered Office
124
City Road
London
EC1V 2NX
England
Accountants
KAJ ASSOCIATES
6
MARKLAND CLOSE
CHELMSFORD
LONDON
CM2 8RZ
PLEASE CONNECT ME LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
8,589
13,763
Cash at bank and in hand
6,823
1,643
Creditors: amounts falling due within one year
(939,853)
(754,333)
Net current liabilities
(896,178)
(731,375)
Net liabilities
(887,589)
(717,612)
Called up share capital
100
100
Profit and loss account
(887,689)
(717,712)
Shareholders' funds
(887,589)
(717,612)
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 directors acknowledge their 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 of Directors and authorised for issue on 15 January 2025 and were signed on its behalf by
Mr Daniel Munro
Director
Company Registration No. 10103770
PLEASE CONNECT ME LIMITED
Notes to the Accounts
for the year ended 31 March 2024
PLEASE CONNECT ME LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10103770. The registered office is 124, City Road, London, EC1V 2NX, 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.
These financial statements for the year ended 31 March 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 April 2022.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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 method
Computer equipment
25% reducing balance method
4
Tangible fixed assets
Land & buildings
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
193
11,945
15,057
27,195
Additions
-
320
1,079
1,399
At 31 March 2024
193
12,265
16,136
28,594
At 1 April 2023
193
6,254
6,985
13,432
Charge for the year
-
497
378
875
On disposals
-
3,684
2,014
5,698
At 31 March 2024
193
10,435
9,377
20,005
At 31 March 2024
-
1,830
6,759
8,589
At 31 March 2023
-
5,691
8,072
13,763
PLEASE CONNECT ME LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Trade debtors
36,706
11,080
Accrued income and prepayments
-
80
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
24,965
34,837
Trade creditors
30,269
16,946
Taxes and social security
47,218
21,873
Other creditors
5,378
14,901
Loans from directors
809,635
646,144
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Average number of employees
During the year the average number of employees was 19 (2023: 18).