2024-03-01 2025-02-28 false No description of principal activity Acting Office - Tax and Accounts 1.0 06892516 bus:FullAccounts 2024-03-01 2025-02-28 06892516 bus:Micro-entities 2024-03-01 2025-02-28 06892516 bus:AuditExempt-NoAccountantsReport 2024-03-01 2025-02-28 06892516 bus:SmallCompaniesRegimeForAccounts 2024-03-01 2025-02-28 06892516 bus:PrivateLimitedCompanyLtd 2024-03-01 2025-02-28 06892516 2024-03-01 2025-02-28 06892516 2025-02-28 06892516 bus:RegisteredOffice 2024-03-01 2025-02-28 06892516 core:WithinOneYear 2025-02-28 06892516 core:AfterOneYear 2025-02-28 06892516 2023-03-01 06892516 bus:Director1 2024-03-01 2025-02-28 06892516 bus:Director1 2025-02-28 06892516 bus:Director1 2023-03-01 2024-02-29 06892516 bus:CompanySecretary1 2024-03-01 2025-02-28 06892516 bus:LeadAgentIfApplicable 2024-03-01 2025-02-28 06892516 2023-03-01 2024-02-29 06892516 2024-02-29 06892516 core:WithinOneYear 2024-02-29 06892516 core:AfterOneYear 2024-02-29 06892516 bus:EntityAccountantsOrAuditors 2023-03-01 2024-02-29 06892516 core:FurnitureFittings 2024-03-01 2025-02-28 06892516 core:FurnitureFittings 2025-02-28 06892516 core:FurnitureFittings 2024-02-29 06892516 core:MotorVehicles 2024-03-01 2025-02-28 06892516 core:MotorVehicles 2025-02-28 06892516 core:MotorVehicles 2024-02-29 06892516 core:ComputerEquipment 2024-03-01 2025-02-28 06892516 core:ComputerEquipment 2025-02-28 06892516 core:ComputerEquipment 2024-02-29 06892516 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2025-02-28 06892516 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2024-02-29 06892516 core:Goodwill 2024-03-01 2025-02-28 06892516 core:Goodwill 2025-02-28 06892516 core:Goodwill 2024-02-29 06892516 core:CostValuation core:Non-currentFinancialInstruments 2025-02-28 06892516 core:CostValuation core:Non-currentFinancialInstruments 2024-02-29 06892516 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2025-02-28 06892516 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2025-02-28 06892516 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2025-02-28 06892516 core:Non-currentFinancialInstruments 2025-02-28 06892516 core:Non-currentFinancialInstruments 2024-02-29 iso4217:GBP xbrli:shares xbrli:pure

Registered Number: 06892516
England and Wales
Unaudited Financial Statements
for the year ended 28 February 2025
for
PRACTICAL IT SERVICES LIMITED

PRACTICAL IT SERVICES LIMITED ###### Statement of Financial Position As at 28 February 2025
|  | £ | 2025 £ |  | £ | 2024 £
--- | --- | --- | --- | --- | --- | ---
Fixed assets |  |  | 112,436 |  |  | 139,764
Current assets |  | 52,941 |  |  | 32,100 |
Creditors: amount falling due within one year |  | (10,806) |  |  | (6,491) |
Net current assets/(liabilities) |  |  | 42,135 |  |  | 25,609
Total assets less current liabilities |  |  | 154,571 |  |  | 165,373
Accrued liabilities |  |  | (118) |  |  | (114)
Net assets/(liabilities) |  |  | 154,453 |  |  | 165,259
Capital and reserves |  |  | 154,453 |  |  | 165,259
For the year ended 28 February 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 of its accounts for the year in question 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. Signed on behalf of the board of directors:
---------------------------------- Andrew John Hill Director
Date approved: 21 November 2025 1

PRACTICAL IT SERVICES LIMITED ###### Notes to the Accounts For the year ended 28 February 2025
Statutory Information PRACTICAL IT SERVICES LIMITED is a private limited company, limited by shares, domiciled in England and Wales, registration number 06892516, registered office 18 St Lawrence Way, Bricket Wood, St Albans, Hertfordshire, AL2 3XN. The presentation currency is £ sterling.
1. | Accounting Policies Basis of accounting The financial statements are prepared under the historical cost convention and in accordance with the FRS 105 Financial Reporting Standard for Micro Entities (effective January 2016). Fixed asset investments Fixed asset investments are stated at cost less provision for any permanent diminution in value.
2. | Average number of employees Average number of employees during the year was 1 (2024: 1).
3. | Director Advances, Credits and Guarantees At 28 February 2025 Practical IT Services Limited owed the director £4015 (2024: £4015).
2