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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
Page
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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
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Primetime Consulting Ltd Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
14,619 
6,265 
Cash at bank and in hand
4,005 
18,434 
18,624 
24,699 
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
Deferred tax
- 
(221)
Net liabilities
(7,932)
(6,205)
Capital and reserves
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
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Primetime Consulting Ltd Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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 taxation
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.
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Primetime Consulting Ltd Notes to the Accounts for the year ended 30 June 2024
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 July 2023
3,183 
At 30 June 2024
3,183 
Depreciation
At 1 July 2023
3,183 
At 30 June 2024
3,183 
Net book value
At 30 June 2024
- 
5
Share capital
2024 
2023 
£ 
£ 
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).
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