2024-01-01 02627819 2024-12-31 02627819 2024-01-01 2024-12-31 02627819 2023-12-31 02627819 2023-01-01 2023-12-31 02627819 uk-core:WithinOneYear 2023-12-31 02627819 uk-core:WithinOneYear 2024-12-31 02627819 uk-core:ShareCapital 2024-12-31 02627819 uk-core:ShareCapital 2023-12-31 02627819 uk-core:RetainedEarningsAccumulatedLosses 2024-12-31 02627819 uk-core:RetainedEarningsAccumulatedLosses 2023-12-31 02627819 uk-bus:Director1 2024-01-01 2024-12-31 02627819 uk-core:CostValuation 2023-12-31 02627819 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2023-12-31 02627819 uk-core:CostValuation uk-core:Non-currentFinancialInstruments 2024-12-31 02627819 uk-core:CostValuation 2024-12-31 02627819 uk-core:Non-currentFinancialInstruments 2024-12-31 02627819 uk-core:Non-currentFinancialInstruments 2023-12-31 02627819 uk-core:AfterOneYear 2024-12-31 02627819 uk-core:AfterOneYear 2023-12-31 iso4217:GBP xbrli:pure 02627819 uk-bus:AuditExemptWithAccountantsReport 2024-01-01 2024-12-31 02627819 uk-bus:FRS102 2024-01-01 2024-12-31 02627819 uk-bus:FilletedAccounts 2024-01-01 2024-12-31 02627819 uk-bus:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31
Productive-IT Limited
Registered Number:02627819
For the year ended 31 December 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 31 December 2024
Productive-IT Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
02627819
As at 31 December 2024
Productive-IT Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
2,634
3,512
2
Financial assets
442,591
442,591
3
445,225
446,103
Current assets
Trade and other receivables
113,269
113,059
4
33,875
Cash and cash equivalents
56,036
169,095
147,144
Trade and other payables: amounts falling due within one
year
(35,162)
(32,715)
5
111,982
136,380
Net current assets
Total assets less current liabilities
581,605
558,085
581,605
Net assets
558,085
Capital and reserves
Called up share capital
1,020
1,020
Retained earnings
580,585
557,065
581,605
558,085
Shareholders' funds
For the year ended 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 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 proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Keith Hinde Director
These financial statements were approved and authorised for issue by the Board on 29 September 2025 and were signed by:
The notes form part of these financial statements
1 of 3
4
For the year ended 31 December 2024
Productive-IT Limited
Notes to the Financial Statements
Statutory Information
Productive-IT Limited is a private limited company, limited by shares, domiciled in England and Wales, registration
number 02627819.
Registered address:
66 High Street
Lewes
East Sussex
BN7 1XG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Furniture and
Fittings
£
Cost or
valuation
At 01 January 2024
31,361
At 31 December 2024
31,361
Provision for depreciation and impairment
At 01 January 2024
27,849
Charge for year
878
At 31 December 2024
28,727
At 31 December 2024
Net book value
2,634
At 31 December 2023
3,512
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5
For the year ended 31 December 2024
Productive-IT Limited
Notes to the Financial Statements Continued
3. Investments held as fixed assets
Other investments
Total
At 01 January 2024
442,591
442,591
Cost
£
£
At 31 December 2024
442,591
442,591
At 31 December 2024
Net book value
442,591
442,591
At 01 January 2024
442,591
442,591
4. Trade and other receivables
2023
2024
£
£
Trade debtors
-
21,240
Other debtors
113,059
92,029
113,269
113,059
The debtors above include the following amounts falling due after more than one year:
Other debtors
13,013
13,013
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Taxation and social security
30,915
32,702
Other creditors
1,800
2,460
32,715
35,162
6. Related party transactions
The company is controlled by the directors who own 100% of the called up share capital.
7. Average number of persons employed
During the year the average number of employees was 1 (2023 : 1)
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