Registered Number 05511226

PRACTICAL CONCEPTS LIMITED

Micro-entity Accounts

31 March 2025

PRACTICAL CONCEPTS LIMITED Registered Number 05511226

Micro-entity Balance Sheet as at 31 March 2025

Notes 2025 2024
£ £
Fixed Assets
30,593
37,309
Current Assets
34,237
40,279
Creditors: amounts falling due within one year
(3,407)
(4,347)
Net current assets (liabilities)
30,830
35,932
Total assets less current liabilities
61,423
73,241
Creditors: amounts falling due after more than one year
(59,233)
(71,578)
Total net assets (liabilities)
2,190
1,663
Capital and reserves
2,190
1,663
  • For the year ending 31 March 2025 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.
  • The accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 29 September 2025

And signed on their behalf by:
OLUSEYI OLUBUKOLA Agunbiade, Director

PRACTICAL CONCEPTS LIMITED Registered Number 05511226

Notes to the Micro-entity Accounts for the period ended 31 March 2025

1Employees
2025 2024
Average number of employees during the period 2 2