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REGISTERED NUMBER: 01528866 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

PROTECTILE LIMITED
T/A
ADVANCED MERCHANDISING SERVICES

PROTECTILE LIMITED (REGISTERED NUMBER: 01528866)
T/A ADVANCED MERCHANDISING SERVICES






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PROTECTILE LIMITED
T/A ADVANCED MERCHANDISING SERVICES

COMPANY INFORMATION
for the Year Ended 31 December 2024







DIRECTOR: S Shaw





SECRETARY: Mrs L Ashley Shaw





REGISTERED OFFICE: First Floor
677 High Road
North Finchley
London
N12 0DA





REGISTERED NUMBER: 01528866 (England and Wales)





ACCOUNTANTS: Bramil Associates LLP
First Floor
677 High Road
North Finchley
London
N12 0DA

PROTECTILE LIMITED (REGISTERED NUMBER: 01528866)
T/A ADVANCED MERCHANDISING SERVICES

BALANCE SHEET
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 32,574 9,882

CURRENT ASSETS
Stocks 403,701 12,600
Debtors 5 420,676 483,213
Cash at bank 118,638 204,184
943,015 699,997
CREDITORS
Amounts falling due within one year 6 241,693 100,550
NET CURRENT ASSETS 701,322 599,447
TOTAL ASSETS LESS CURRENT
LIABILITIES

733,896

609,329

CREDITORS
Amounts falling due after more than one
year

7

29,791

-
NET ASSETS 704,105 609,329

CAPITAL AND RESERVES
Called up share capital 16,875 16,875
Capital redemption reserve 8,125 8,125
Retained earnings 679,105 584,329
SHAREHOLDERS' FUNDS 704,105 609,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

PROTECTILE LIMITED (REGISTERED NUMBER: 01528866)
T/A ADVANCED MERCHANDISING SERVICES

BALANCE SHEET - continued
31 December 2024


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 director and authorised for issue on 10 March 2025 and were signed by:





S Shaw - Director


PROTECTILE LIMITED (REGISTERED NUMBER: 01528866)
T/A ADVANCED MERCHANDISING SERVICES

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024

1. STATUTORY INFORMATION

Protectile Limited 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 the cost of each asset over its estimated useful life:

Land and buildings - Straight line over 6 years
Fixtures , fittings & equipment - 25% on reducing balance, 20% on reducing balance,20% on cost and
Straight line over 6 years.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred 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 or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

PROTECTILE LIMITED (REGISTERED NUMBER: 01528866)
T/A ADVANCED MERCHANDISING SERVICES

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2024 31,014 29,218 60,232
Additions - 32,908 32,908
At 31 December 2024 31,014 62,126 93,140
DEPRECIATION
At 1 January 2024 31,014 19,336 50,350
Charge for year - 10,216 10,216
At 31 December 2024 31,014 29,552 60,566
NET BOOK VALUE
At 31 December 2024 - 32,574 32,574
At 31 December 2023 - 9,882 9,882

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 338,983 483,213
Other debtors 81,693 -
420,676 483,213

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Bank loans and overdrafts 14,978 24,656
Trade creditors 73,812 (29,945 )
Taxation and social security 107,433 76,295
Other creditors 45,470 29,544
241,693 100,550

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 29,791 -