IRIS Accounts Production v24.3.2.46 11642964 director 1.10.23 30.9.24 30.9.24 No description of principal activity 0 false true false false false true true iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116429642023-09-30116429642024-09-30116429642023-10-012024-09-30116429642022-09-30116429642022-10-012023-09-30116429642023-09-3011642964ns15:EnglandWales2023-10-012024-09-3011642964ns14:PoundSterling2023-10-012024-09-3011642964ns10:Director12023-10-012024-09-3011642964ns10:PrivateLimitedCompanyLtd2023-10-012024-09-3011642964ns10:SmallEntities2023-10-012024-09-3011642964ns10:AuditExempt-NoAccountantsReport2023-10-012024-09-3011642964ns10:SmallCompaniesRegimeForDirectorsReport2023-10-012024-09-3011642964ns10:SmallCompaniesRegimeForAccounts2023-10-012024-09-3011642964ns10:FullAccounts2023-10-012024-09-301164296412023-10-012024-09-3011642964ns10:RegisteredOffice2023-10-012024-09-3011642964ns5:CurrentFinancialInstruments2024-09-3011642964ns5:CurrentFinancialInstruments2023-09-3011642964ns5:Non-currentFinancialInstruments2024-09-3011642964ns5:Non-currentFinancialInstruments2023-09-3011642964ns5:SharePremium2024-09-3011642964ns5:SharePremium2023-09-3011642964ns5:RetainedEarningsAccumulatedLosses2024-09-3011642964ns5:RetainedEarningsAccumulatedLosses2023-09-3011642964ns5:IntangibleAssetsOtherThanGoodwill2023-10-012024-09-3011642964ns5:DevelopmentCostsCapitalisedDevelopmentExpenditure2023-10-012024-09-3011642964ns5:IntangibleAssetsOtherThanGoodwill2023-09-3011642964ns5:IntangibleAssetsOtherThanGoodwill2024-09-3011642964ns5:IntangibleAssetsOtherThanGoodwill2023-09-3011642964ns5:PlantMachinery2023-09-3011642964ns5:PlantMachinery2024-09-3011642964ns5:PlantMachinery2023-09-3011642964ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2024-09-3011642964ns5:Non-currentFinancialInstrumentsns5:BetweenTwoFiveYears2023-09-3011642964ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2024-09-3011642964ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-09-30
REGISTERED NUMBER: 11642964 (England and Wales)















Financial Statements for the Year Ended 30 September 2024

for

Protects Me Ltd

Protects Me Ltd (Registered number: 11642964)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Protects Me Ltd

Company Information
for the Year Ended 30 September 2024







DIRECTOR: Ms L White





REGISTERED OFFICE: 18 Devon Way
Chessington
KT9 2RJ





REGISTERED NUMBER: 11642964 (England and Wales)





ACCOUNTANTS: GNH Accountants & Tax Consultants
Trident Court
TC109, 1 Oakcroft Road
Chessington
Surrey
KT9 1BD

Protects Me Ltd (Registered number: 11642964)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets R&D 4 260,882 260,882
Tangible assets 5 23,395 23,395
284,277 284,277

CURRENT ASSETS
Stocks - 199,900
Cash at bank and in hand 21,041 21,041
21,041 220,941
CREDITORS
Amounts falling due within one year 6 538,208 538,208
NET CURRENT LIABILITIES (517,167 ) (317,267 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(232,890

)

(32,990

)

CREDITORS
Amounts falling due after more than
one year

7

192,022

192,022
NET LIABILITIES (424,912 ) (225,012 )

RESERVES
Share premium 79,950 79,950
Retained earnings (504,862 ) (304,962 )
(424,912 ) (225,012 )

The company is entitled to exemption from audit under Section 480 of the Companies Act 2006 for the year ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Protects Me Ltd (Registered number: 11642964)

Balance Sheet - continued
30 September 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 15 April 2025 and were signed by:





Ms L White - Director


Protects Me Ltd (Registered number: 11642964)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Protects Me Ltd 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Research & development are being amortised evenly over their estimated useful life of fifteen years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and Machinery at 15%

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

Research and development
Expenditure on research and development is written off in the year in which it is incurred.

No Research and Development tax credit and creative tax credit is realised for the period end 30th September 2021.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 1 ).

Protects Me Ltd (Registered number: 11642964)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 October 2023
and 30 September 2024 260,882
NET BOOK VALUE
At 30 September 2024 260,882
At 30 September 2023 260,882

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 October 2023
and 30 September 2024 23,395
NET BOOK VALUE
At 30 September 2024 23,395
At 30 September 2023 23,395

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 141,695 141,694
Directors' current accounts 395,013 395,014
Accrued expenses 1,500 1,500
538,208 538,208

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 30.9.23
£    £   
Bank loans - 2-5 years 52,022 52,022
Other loans - 2-5 years 140,000 140,000
192,022 192,022

Protects Me Ltd (Registered number: 11642964)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

8. FINANCIAL INSTRUMENTS

The company has taken out a Bounce Back Loan on the 31st July 2020. No payments toward the loan until 1st August 2021. The first twelve month of the interest element payable will be paid by the government to Protects Me Ltd as interest received for additional financial support.