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Company Registration No. NI671487 (Northern Ireland)
PYTILIA LIMITED Unaudited accounts for the year ended 31 August 2024
PYTILIA LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PYTILIA LIMITED Company Information for the year ended 31 August 2024
Directors
Angela Montgomery Timothy Silversides Neil Sinclair
Company Number
NI671487 (Northern Ireland)
Registered Office
Unit 6A Weavers Court Linfield Road BELFAST BT12 5GH United Kingdom
Accountants
RUSSELL ACCOUNTANCY SERVICES LTD 17 Diamond View Road Banbridge DOWN BT32 3SN
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PYTILIA LIMITED Statement of financial position as at 31 August 2024
2024
2023
Notes
£
£
Fixed assets
Tangible assets
4
-
5,399
Current assets
Debtors
5
476,165
662,241
Cash at bank and in hand
2,012,276
1,421,908
2,488,441
2,084,149
Creditors: amounts falling due within one year
6
(269,338)
(347,950)
Net current assets
2,219,103
1,736,199
Net assets
2,219,103
1,741,598
Capital and reserves
Profit and loss account
2,219,103
1,741,598
Shareholders' funds
2,219,103
1,741,598
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 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 20 May 2025 and were signed on its behalf by
Angela Montgomery Director Company Registration No. NI671487
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PYTILIA LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
PYTILIA LIMITED is a private company, limited by shares, registered in Northern Ireland, registration number NI671487. The registered office is Unit 6A Weavers Court, Linfield Road, BELFAST, BT12 5GH, 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
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
Over 3 years
Computer equipment
Over 2 years
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2023
10,191
64,892
75,083
At 31 August 2024
10,191
64,892
75,083
Depreciation
At 1 September 2023
9,600
60,084
69,684
Charge for the year
591
4,808
5,399
At 31 August 2024
10,191
64,892
75,083
Net book value
At 31 August 2024
-
-
-
At 31 August 2023
591
4,808
5,399
5
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
476,165
662,241
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PYTILIA LIMITED Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
2,847
5,647
VAT
2,700
3,210
Trade creditors
3,720
-
Taxes and social security
216,873
302,361
Loans from directors
8,908
5,212
Accruals
34,290
31,520
269,338
347,950
7
Average number of employees
During the year the average number of employees was 46 (2023: 38).
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