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Company Registration No. 10887926 (England and Wales)
P LACEY & ASSOCIATES LIMITED Unaudited accounts for the year ended 31 July 2024
P LACEY & ASSOCIATES LIMITED Unaudited accounts Contents
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P LACEY & ASSOCIATES LIMITED Company Information for the year ended 31 July 2024
Directors
Paul Lacey Melanie Lacey
Company Number
10887926 (England and Wales)
Registered Office
2 OFFICE 17 REGENT ROAD LOWESTOFT NR32 1PA ENGLAND
Accountants
P Lacey & Associates Ltd Office 17 2 Regent House Lowestoft NR32 1PA
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P LACEY & ASSOCIATES LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
3,390 
3,988 
Current assets
Debtors
5,110 
4,885 
Cash at bank and in hand
21,486 
14,687 
26,596 
19,572 
Creditors: amounts falling due within one year
(23,818)
(16,207)
Net current assets
2,778 
3,365 
Net assets
6,168 
7,353 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
6,166 
7,351 
Shareholders' funds
6,168 
7,353 
For the year ending 31 July 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 18 August 2024 and were signed on its behalf by
Paul Lacey Director Company Registration No. 10887926
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P LACEY & ASSOCIATES LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
P LACEY & ASSOCIATES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10887926. The registered office is 2 OFFICE 17, REGENT ROAD, LOWESTOFT, NR32 1PA, 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.
3
Accounting policies
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.
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.
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:
Fixtures & fittings
15% reducing balance
Computer equipment
15% reducing balance
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
3,748 
4,567 
8,315 
At 31 July 2024
3,748 
4,567 
8,315 
Depreciation
At 1 August 2023
2,039 
2,288 
4,327 
Charge for the year
256 
342 
598 
At 31 July 2024
2,295 
2,630 
4,925 
Net book value
At 31 July 2024
1,453 
1,937 
3,390 
At 31 July 2023
1,709 
2,279 
3,988 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
5,110 
4,885 
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P LACEY & ASSOCIATES LIMITED Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,444 
- 
Trade creditors
301 
- 
Taxes and social security
20,073 
16,207 
23,818 
16,207 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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