Company Registration No. 10812074 (England and Wales)
Primetime Consulting Ltd
Unaudited accounts
for the year ended 30 June 2024
Primetime Consulting Ltd
Unaudited accounts
Contents
Primetime Consulting Ltd
Company Information
for the year ended 30 June 2024
Director
Mr Ragunath Dodalla
Company Number
10812074 (England and Wales)
Registered Office
Elsie Whiteley Innovation Centre
C/O Pinnacle
Hopwood Lane
Halifax
West Yorkshire
HX1 5ER
United Kingdom
Accountants
Pinnacle Chartered Accountants & Tax Advisors
The Elsie Whiteley Innovation Centre
Hopwood Lane
Halifax
HX1 5ER
Primetime Consulting Ltd
Statement of financial position
as at 30 June 2024
Cash at bank and in hand
4,005
18,434
Creditors: amounts falling due within one year
(4,919)
(553)
Net current assets
13,705
24,146
Total assets less current liabilities
13,705
24,146
Creditors: amounts falling due after more than one year
(21,637)
(30,130)
Provisions for liabilities
Net liabilities
(7,932)
(6,205)
Called up share capital
10
10
Profit and loss account
(7,942)
(6,215)
Shareholders' funds
(7,932)
(6,205)
For the year ending 30 June 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 26 March 2025 and were signed on its behalf by
Mr Ragunath Dodalla
Director
Company Registration No. 10812074
Primetime Consulting Ltd
Notes to the Accounts
for the year ended 30 June 2024
Primetime Consulting Ltd is a private company, limited by shares, registered in England and Wales, registration number 10812074. The registered office is Elsie Whiteley Innovation Centre, C/O Pinnacle, Hopwood Lane, Halifax, West Yorkshire, HX1 5ER, United Kingdom.
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 30 June 2024 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 July 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts and rebates. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Computer equipment
25% on cost
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Primetime Consulting Ltd
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Total
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).