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Company Registration No. 09670098 (England and Wales)
PSEV - (Partnership for Socio Economic Ventures) Ltd. Unaudited accountsENT ACCOUNTS for the year ended 31 December 2024
PSEV - (Partnership for Socio Economic Ventures) Ltd. Unaudited accountsENT ACCOUNTS Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PSEV - (Partnership for Socio Economic Ventures) Ltd. Company Information for the year ended 31 December 2024
Director
Mr Zarar Qayyum
Company Number
09670098 (England and Wales)
Registered Office
37 Baseline Studios Whitchurch Road London W11 4AT United Kingdom
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PSEV - (Partnership for Socio Economic Ventures) Ltd. Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
28,887 
36,108 
Current assets
Debtors
181,661 
138,257 
Cash at bank and in hand
20,688 
74,522 
202,349 
212,779 
Creditors: amounts falling due within one year
(176,236)
(189,764)
Net current assets
26,113 
23,015 
Total assets less current liabilities
55,000 
59,123 
Creditors: amounts falling due after more than one year
(46,637)
(57,038)
Provisions for liabilities
Deferred tax
(7,222)
(9,027)
Net assets/(liabilities)
1,141 
(6,942)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
141 
(7,942)
Shareholders' funds
1,141 
(6,942)
For the year ending 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 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 18 November 2025 and were signed on its behalf by
Mr Zarar Qayyum Director Company Registration No. 09670098
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PSEV - (Partnership for Socio Economic Ventures) Ltd. Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
PSEV - (Partnership for Socio Economic Ventures) Ltd. is a private company, limited by shares, registered in England and Wales, registration number 09670098. The registered office is 37 Baseline Studios, Whitchurch Road, London, W11 4AT, United Kingdom.
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:
Fixtures & fittings
20% on reducing balance
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 January 2024
42,385 
At 31 December 2024
42,385 
Depreciation
At 1 January 2024
6,277 
Charge for the year
7,221 
At 31 December 2024
13,498 
Net book value
At 31 December 2024
28,887 
At 31 December 2023
36,108 
5
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Mr Zarar Qayyum
(33,757)
71,964 
21,700 
16,507 
(33,757)
71,964 
21,700 
16,507 
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PSEV - (Partnership for Socio Economic Ventures) Ltd. Notes to the Accounts for the year ended 31 December 2024
6
Controlling party
The ultimate controlling party is Mr Zarar Qayyum, Director.
7
Average number of employees
During the year the average number of employees was 6 (2023: 5).
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