REGISTERED NUMBER: 07904934 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Procurement Analysts Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S Godfrey

REGISTERED OFFICE:

The Pightle

Wicken Bonhunt

Saffron Walden

Essex

CB11 3UG

REGISTERED NUMBER:

07904934 (England and Wales)

ACCOUNTANTS:

Pawley & Malyon

Salisbury House

London

EC2M 5SQ

FIXED ASSETS

Tangible assets

4

1,978

2,022

CURRENT ASSETS

Debtors

6,218

2,559

Cash at bank

17,511

10,771

23,729

13,330

CREDITORS

Amounts falling due within one year

26,496

15,158

NET CURRENT LIABILITIES

(2,767

)

(1,828

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(789

)

194

CAPITAL AND RESERVES

Called up share capital

5

102

102

Retained earnings

6

(891

)

92

SHAREHOLDERS' FUNDS

(789

)

194

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

All the members have consented to the preparation of an abridged Statement of Comprehensive Income and an abridged Balance Sheet for the year ended 31 December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 1 September 2025 and were signed by:

S Godfrey - Director

1.	Statutory information

Procurement Analysts 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.

Plant and machinery

-

15% on reducing balance

Financial instruments

Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.

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 ) .

4.	Tangible fixed assets

Totals

£

Cost

At 1 January 2024

8,074

Additions

292

At 31 December 2024

8,366

Depreciation

At 1 January 2024

6,052

Charge for year

336

At 31 December 2024

6,388

Net book value

At 31 December 2024

1,978

At 31 December 2023

2,022

5.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/12/24

31/12/23

value:

£

£

100

Ordinary

£1

100

100

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

102

102

6.

Reserves

Retained

earnings

£

At 1 January 2024

92

Profit for the year

54,517

Dividends

(55,500

)

At 31 December 2024

(891

)