IRIS Accounts Production v25.1.4.42 04382190 Board of Directors 1.3.24 28.2.25 28.2.25 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh043821902024-02-29043821902025-02-28043821902024-03-012025-02-28043821902023-02-28043821902023-03-012024-02-29043821902024-02-2904382190ns15:EnglandWales2024-03-012025-02-2804382190ns14:PoundSterling2024-03-012025-02-2804382190ns10:Director12024-03-012025-02-2804382190ns10:PrivateLimitedCompanyLtd2024-03-012025-02-2804382190ns10:SmallEntities2024-03-012025-02-2804382190ns10:AuditExempt-NoAccountantsReport2024-03-012025-02-2804382190ns10:SmallCompaniesRegimeForDirectorsReport2024-03-012025-02-2804382190ns10:SmallCompaniesRegimeForAccounts2024-03-012025-02-2804382190ns10:FullAccounts2024-03-012025-02-2804382190ns10:Director22024-03-012025-02-2804382190ns10:CompanySecretary12024-03-012025-02-2804382190ns10:RegisteredOffice2024-03-012025-02-2804382190ns5:CurrentFinancialInstruments2025-02-2804382190ns5:CurrentFinancialInstruments2024-02-2904382190ns5:ShareCapital2025-02-2804382190ns5:ShareCapital2024-02-2904382190ns5:FurtherSpecificReserve3ComponentTotalEquity2025-02-2804382190ns5:FurtherSpecificReserve3ComponentTotalEquity2024-02-2904382190ns5:RetainedEarningsAccumulatedLosses2025-02-2804382190ns5:RetainedEarningsAccumulatedLosses2024-02-2904382190ns5:FurnitureFittings2024-03-012025-02-2804382190ns5:ComputerEquipment2024-03-012025-02-2804382190ns5:PlantMachinery2024-02-2904382190ns5:PlantMachinery2024-03-012025-02-2804382190ns5:PlantMachinery2025-02-2804382190ns5:PlantMachinery2024-02-2904382190ns5:CostValuation2024-02-2904382190ns5:AdditionsToInvestments2025-02-2804382190ns5:RevaluationsIncreaseDecreaseInInvestments2025-02-2804382190ns5:CostValuation2025-02-2804382190ns5:WithinOneYearns5:CurrentFinancialInstruments2025-02-2804382190ns5:WithinOneYearns5:CurrentFinancialInstruments2024-02-2904382190ns5:FurtherSpecificReserve3ComponentTotalEquity2024-02-29
REGISTERED NUMBER: 04382190 (England and Wales)










PRIVACY SOLUTIONS LTD

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2025






PRIVACY SOLUTIONS LTD (REGISTERED NUMBER: 04382190)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PRIVACY SOLUTIONS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2025







DIRECTORS: Mr D J Taylor
Mrs V J Taylor





SECRETARY: Mrs V J Taylor





REGISTERED OFFICE: 9 Norman Avenue
South Croydon
Surrey
CR2 0QH





REGISTERED NUMBER: 04382190 (England and Wales)





ACCOUNTANTS: Hakim Fry
Chartered Accountants
69-71 East Street
Epsom
Surrey
KT17 1BP

PRIVACY SOLUTIONS LTD (REGISTERED NUMBER: 04382190)

BALANCE SHEET
28 FEBRUARY 2025

28.2.25 29.2.24
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,521 1,666
Investments 6 193,731 187,615
195,252 189,281

CURRENT ASSETS
Debtors 7 153 3,058
Cash at bank 40,202 75,247
40,355 78,305
CREDITORS
Amounts falling due within one year 8 4,516 7,708
NET CURRENT ASSETS 35,839 70,597
TOTAL ASSETS LESS CURRENT
LIABILITIES

231,091

259,878

PROVISIONS FOR LIABILITIES 9,193 8,517
NET ASSETS 221,898 251,361

CAPITAL AND RESERVES
Called up share capital 2 2
Fair value reserve 9 37,955 34,956
Retained earnings 183,941 216,403
SHAREHOLDERS' FUNDS 221,898 251,361

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

PRIVACY SOLUTIONS LTD (REGISTERED NUMBER: 04382190)

BALANCE SHEET - continued
28 FEBRUARY 2025


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 Board of Directors and authorised for issue on 18 July 2025 and were signed on its behalf by:





Mrs V J Taylor - Director


PRIVACY SOLUTIONS LTD (REGISTERED NUMBER: 04382190)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2025

1. STATUTORY INFORMATION

Privacy Solutions 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.

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


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 - 25% on reducing balance
Computer equipment - 33% on reducing balance

Financial instruments
Financial instruments is measured at the fair value of the cost of the instrument.

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.

PRIVACY SOLUTIONS LTD (REGISTERED NUMBER: 04382190)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2024 9,129
Additions 599
At 28 February 2025 9,728
DEPRECIATION
At 1 March 2024 7,463
Charge for year 744
At 28 February 2025 8,207
NET BOOK VALUE
At 28 February 2025 1,521
At 29 February 2024 1,666

6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 March 2024 187,615
Additions 2,414
Revaluations 3,702
At 28 February 2025 193,731
NET BOOK VALUE
At 28 February 2025 193,731
At 29 February 2024 187,615

PRIVACY SOLUTIONS LTD (REGISTERED NUMBER: 04382190)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2025

6. FIXED ASSET INVESTMENTS - continued

Cost or valuation at 28 February 2025 is represented by:

Other
investments
£   
Valuation in 2016 (3,946 )
Valuation in 2017 12,248
Valuation in 2018 3,184
Valuation in 2019 531
Valuation in 2020 2,331
Valuation in 2021 (10,201 )
Valuation in 2022 2,047
Valuation in 2023 (4,934 )
Valuation in 2024 21,724
Valuation in 2025 3,489
Cost 167,258
193,731

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Other debtors 153 3,058

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.25 29.2.24
£    £   
Taxation and social security 59 -
Other creditors 4,457 7,708
4,516 7,708

9. RESERVES
Fair
value
reserve
£   
At 1 March 2024 34,956
Revaluation reserve for investments 2,999

At 28 February 2025 37,955

10. RELATED PARTY DISCLOSURES

The Company maintains an interest free loan accounts, which is repayable on demand, with the Directors of the entity. At the balance sheet date, the Company owed £2,674 (2024: £5,924) to that Director.