PRACTICAL INFORMATICS LTD.

Company Registration Number:
10535017 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2024

Period of accounts

Start date: 01 January 2024

End date: 31 December 2024

PRACTICAL INFORMATICS LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2024

Balance sheet
Notes

PRACTICAL INFORMATICS LTD.

Balance sheet

As at 31 December 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 23,807 1,160
Total fixed assets: 23,807 1,160
Current assets
Stocks: 1,515 1,387
Debtors:   16,542 8,064
Cash at bank and in hand: 72,018 159,742
Total current assets: 90,075 169,193
Creditors: amounts falling due within one year:   (11,528) (26,590)
Net current assets (liabilities): 78,547 142,603
Total assets less current liabilities: 102,354 143,763
Total net assets (liabilities): 102,354 143,763
Capital and reserves
Called up share capital: 2 1
Profit and loss account: 102,352 143,762
Shareholders funds: 102,354 143,763

The notes form part of these financial statements

PRACTICAL INFORMATICS LTD.

Balance sheet statements

For the year ending 31 December 2024 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 September 2025
and signed on behalf of the board by:

Name: R M Boardman
Status: Director

The notes form part of these financial statements

PRACTICAL INFORMATICS LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PRACTICAL INFORMATICS LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

2. Employees

2024 2023
Average number of employees during the period 1 1

PRACTICAL INFORMATICS LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2024

3. Tangible Assets

Total
Cost £
At 01 January 2024 1,573
Additions 23,550
At 31 December 2024 25,123
Depreciation
At 01 January 2024 413
Charge for year 903
At 31 December 2024 1,316
Net book value
At 31 December 2024 23,807
At 31 December 2023 1,160