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Company Registration No. 04487932 (England and Wales)
Provision IT Limited Unaudited accounts for the year ended 31 August 2025
Provision IT Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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Provision IT Limited Company Information for the year ended 31 August 2025
Director
Mark Anthony Lambert
Company Number
04487932 (England and Wales)
Registered Office
Suite 7-9, Pure Offices Lake View Drive Annesley, Nottingham NG15 0DT
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Provision IT Limited Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
34,304
41,634
Current assets
Inventories
27,884
21,876
Debtors
5
99,577
84,126
Cash at bank and in hand
104,512
91,785
231,973
197,787
Creditors: amounts falling due within one year
6
(131,199)
(107,945)
Net current assets
100,774
89,842
Total assets less current liabilities
135,078
131,476
Provisions for liabilities
Other provisions
(1,560)
(4,716)
Net assets
133,518
126,760
Capital and reserves
Called up share capital
4
4
Profit and loss account
133,514
126,756
Shareholders' funds
133,518
126,760
For the year ending 31 August 2025 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 September 2025 and were signed on its behalf by
Mark Anthony Lambert Director Company Registration No. 04487932
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Provision IT Limited Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Provision IT Limited is a private company, limited by shares, registered in England and Wales, registration number 04487932. The registered office is Suite 7-9, Pure Offices, Lake View Drive, Annesley, Nottingham, NG15 0DT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Reducing Balance
Fixtures & fittings
25% Reducing Balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2024
49,173
36,185
85,358
Additions
-
5,167
5,167
Disposals
-
(8,830)
(8,830)
At 31 August 2025
49,173
32,522
81,695
Depreciation
At 1 September 2024
17,831
25,893
43,724
Charge for the year
7,836
3,598
11,434
On disposals
-
(7,767)
(7,767)
At 31 August 2025
25,667
21,724
47,391
Net book value
At 31 August 2025
23,506
10,798
34,304
At 31 August 2024
31,342
10,292
41,634
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Provision IT Limited Notes to the Accounts for the year ended 31 August 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
89,596
76,350
Amounts due from group undertakings etc.
280
-
Accrued income and prepayments
7,838
7,776
Other debtors
1,863
-
99,577
84,126
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
21,624
20,218
Trade creditors
44,365
23,559
Taxes and social security
44,366
50,741
Other creditors
4,457
4,307
Loans from directors
-
248
Accruals
1,030
985
Deferred income
15,357
7,887
131,199
107,945
7
Average number of employees
During the year the average number of employees was 8 (2024: 8).
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