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Policy Analysis Centre Limited

Unaudited Financial Statements

for the Year Ended

30 November 2024






Policy Analysis Centre Limited (Registered number: 03467629)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Policy Analysis Centre Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: T C Hockley





REGISTERED OFFICE: Kings Hyde House
Kings Hyde
Lymington
Hampshire
SO41 8LT





REGISTERED NUMBER: 03467629





ACCOUNTANTS: David Tilsley Limited
91 Lakewood Road
Chandlers Ford
Eastleigh
Hampshire
SO53 5AD

Policy Analysis Centre Limited (Registered number: 03467629)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,857 2,094

CURRENT ASSETS
Debtors 5 6,982 29,950
Cash at bank 10,296 27,921
17,278 57,871
CREDITORS
Amounts falling due within one year 6 17,806 30,697
NET CURRENT (LIABILITIES)/ASSETS (528 ) 27,174
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,329

29,268

PROVISIONS FOR LIABILITIES 668 415
NET ASSETS 2,661 28,853

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 2,561 28,753
SHAREHOLDERS' FUNDS 2,661 28,853

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

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

The director acknowledges his 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.

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 28 August 2025 and were signed by:




T C Hockley - Director


Policy Analysis Centre Limited (Registered number: 03467629)

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

1. STATUTORY INFORMATION

Policy Analysis Centre Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - not provided
Plant and machinery etc - 50% on cost, 33% on cost and 33% on reducing balance

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.

3. EMPLOYEES AND DIRECTORS

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

Policy Analysis Centre Limited (Registered number: 03467629)

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

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2023 - 19,519 19,519
Additions 342 4,396 4,738
Disposals - (3,201 ) (3,201 )
At 30 November 2024 342 20,714 21,056
DEPRECIATION
At 1 December 2023 - 17,425 17,425
Charge for year - 2,946 2,946
Eliminated on disposal - (3,172 ) (3,172 )
At 30 November 2024 - 17,199 17,199
NET BOOK VALUE
At 30 November 2024 342 3,515 3,857
At 30 November 2023 - 2,094 2,094

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 4,264 29,415
Other debtors 2,718 535
6,982 29,950

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Hire purchase contracts 53 -
Taxation and social security 2,449 20,493
Other creditors 15,304 10,204
17,806 30,697