Company Registration No. 08659226 (England and Wales)
Profitable Sites Ltd
Unaudited accounts
for the year ended 31 August 2024
Profitable Sites Ltd
Unaudited accounts
Contents
Profitable Sites Ltd
Company Information
for the year ended 31 August 2024
Director
David Clifton Friend
Company Number
08659226 (England and Wales)
Registered Office
21 IGNITE HOUSE BRAINTREE ENTERPRISE CEN
46-48 SPRINGWOOD DRIVE
BRAINTREE
ESSEX
CM7 2YN
UNITED KINGDOM
Profitable Sites Ltd
Statement of financial position
as at 31 August 2024
Tangible assets
1,482
1,515
Cash at bank and in hand
52,788
148,532
Creditors: amounts falling due within one year
(26,241)
(25,776)
Net current assets
29,220
153,659
Total assets less current liabilities
30,702
155,174
Creditors: amounts falling due after more than one year
(13,991)
(35,889)
Called up share capital
50
50
Profit and loss account
16,661
119,235
Shareholders' funds
16,711
119,285
For the year ending 31 August 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
David Clifton Friend
Director
Company Registration No. 08659226
Profitable Sites Ltd
Notes to the Accounts
for the year ended 31 August 2024
Profitable Sites Ltd is a private company, limited by shares, registered in England and Wales, registration number 08659226. The registered office is 21 IGNITE HOUSE BRAINTREE ENTERPRISE CEN, 46-48 SPRINGWOOD DRIVE, BRAINTREE, ESSEX, CM7 2YN, UNITED KINGDOM.
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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:
Plant & machinery
33.33% Straight Line Basis
Fixtures & fittings
33.33% Straight Line Basis
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Tangible fixed assets
Total
5
Average number of employees
During the year the average number of employees was 0 (2023: 0).