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REGISTERED NUMBER: 05575489 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2024

FOR

PUNCHLINE PR LIMITED

PUNCHLINE PR LIMITED (REGISTERED NUMBER: 05575489)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 30 September 2024




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


PUNCHLINE PR LIMITED

COMPANY INFORMATION
for the year ended 30 September 2024







DIRECTOR: Ms K H Van Beek





SECRETARY: Mr S J Evans





REGISTERED OFFICE: 20 Denmark Villas
Hove
East Sussex
BN3 3TE





REGISTERED NUMBER: 05575489 (England and Wales)





ACCOUNTANTS: Raffingers Holdings Limited
Chartered Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

PUNCHLINE PR LIMITED (REGISTERED NUMBER: 05575489)

ABRIDGED BALANCE SHEET
30 September 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 965 -

CURRENT ASSETS
Debtors 176,796 135,948
Cash at bank - 505
176,796 136,453
CREDITORS
Amounts falling due within one year 119,137 22,678
NET CURRENT ASSETS 57,659 113,775
TOTAL ASSETS LESS CURRENT
LIABILITIES

58,624

113,775

CREDITORS
Amounts falling due after more than one
year

9,014

12,592
NET ASSETS 49,610 101,183

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 49,609 101,182
SHAREHOLDERS' FUNDS 49,610 101,183

The company is entitled to exemption from audit under Section 477 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.

PUNCHLINE PR LIMITED (REGISTERED NUMBER: 05575489)

ABRIDGED 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 30 September 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 22 April 2025 and were signed by:





Ms K H Van Beek - Director


PUNCHLINE PR LIMITED (REGISTERED NUMBER: 05575489)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 30 September 2024

1. STATUTORY INFORMATION

Punchline Pr Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Computer equipment - 50% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transactions costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

PUNCHLINE PR LIMITED (REGISTERED NUMBER: 05575489)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 30 September 2024

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 October 2023 10,163
Additions 1,433
At 30 September 2024 11,596
DEPRECIATION
At 1 October 2023 10,163
Charge for year 468
At 30 September 2024 10,631
NET BOOK VALUE
At 30 September 2024 965
At 30 September 2023 -

5. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank overdraft 467 -

Bank overdraft is secured against directors personal guarantee.

6. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 2023
£    £   
Ms K H Van Beek
Balance outstanding at start of year 123,496 97,550
Amounts advanced 123,488 186,171
Amounts repaid (123,496 ) (160,225 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 123,488 123,496