Company Registration No. 09979225 (England and Wales)
Productivv Technologies Limited
Unaudited accounts
for the year ended 31 December 2024
Productivv Technologies Limited
Unaudited accounts
Contents
Productivv Technologies Limited
Company Information
for the year ended 31 December 2024
Company Number
09979225 (England and Wales)
Registered Office
Flat F, Van Diemans Lane
Chelmsford
Essex
CM2 9QJ
Accountants
Whyatt Accountancy
1 Aysgarth Avenue
Romiley
Stockport
Cheshire
SK6 4PX
Productivv Technologies Limited
Statement of financial position
as at 31 December 2024
Tangible assets
1,565
3,415
Cash at bank and in hand
19,999
19,792
Creditors: amounts falling due within one year
(6,999)
(5,063)
Net current assets
13,120
14,874
Total assets less current liabilities
14,685
18,289
Provisions for liabilities
Called up share capital
1
1
Profit and loss account
14,387
17,639
Shareholders' funds
14,388
17,640
For the year ending 31 December 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.
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 9 July 2025 and were signed on its behalf by
Dean Whitehouse
Director
Company Registration No. 09979225
Productivv Technologies Limited
Notes to the Accounts
for the year ended 31 December 2024
Productivv Technologies Limited is a private company, limited by shares, registered in England and Wales, registration number 09979225. The registered office is Flat F, Van Diemans Lane, Chelmsford, Essex, CM2 9QJ.
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.
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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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
over 3-5 years (straight-line basis)
Computer equipment
over 3 years (straight-line basis)
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Productivv Technologies Limited
Notes to the Accounts
for the year ended 31 December 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 January 2024
662
10,021
10,683
At 31 December 2024
662
10,181
10,843
At 1 January 2024
442
6,826
7,268
Charge for the year
141
1,869
2,010
At 31 December 2024
583
8,695
9,278
At 31 December 2024
79
1,486
1,565
At 31 December 2023
220
3,195
3,415
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
-
4,562
Loans from directors
5,559
141
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).