Pragmatic Design Solutions Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07129180 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

PRAGMATIC DESIGN SOLUTIONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

K Puppala

REGISTERED OFFICE:

Techno Centre

Coventry University Technology Park

Puma Way

Coventry

West Midlands

CV1 2TT

REGISTERED NUMBER:

07129180 (England and Wales)

ACCOUNTANTS:

Accumen Business Consultancy Limited

Coventry University

Technology Park

Puma Way

Coventry

CV1 2TT

FIXED ASSETS

Tangible assets

4

44,248

60,383

Investments

5

40,000

84,248

100,383

CURRENT ASSETS

Debtors

6

2,832,255

2,506,627

Cash at bank

61,178

235,770

2,893,433

2,742,397

CREDITORS

Amounts falling due within one year

7

1,035,827

1,105,963

NET CURRENT ASSETS

1,857,606

1,636,434

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,941,854

1,736,817

CREDITORS

Amounts falling due after more than one year

8

213,812

302,040

NET ASSETS

1,728,042

1,434,777

CAPITAL AND RESERVES

Called up share capital

9

2

Retained earnings

1,728,040

1,434,775

SHAREHOLDERS' FUNDS

1,728,042

1,434,777

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2025 and were signed by:

K Puppala - Director

1.	STATUTORY INFORMATION

Pragmatic Design Solutions Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 100 (2024 - 98 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 April 2024

and 31 March 2025

1,096

80,768

20,539

102,403

DEPRECIATION

At 1 April 2024

914

21,948

19,158

42,020

Charge for year

-

14,705

1,430

16,135

At 31 March 2025

914

36,653

20,588

58,155

NET BOOK VALUE

At 31 March 2025

182

44,115

(49

)

44,248

At 31 March 2024

182

58,820

1,381

60,383

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

40,000

NET BOOK VALUE

At 31 March 2025

40,000

At 31 March 2024

40,000

The company owns 80% of the issued share capital of Chartsign Limited, a company incorporated in England and Wales. The company has Ownership of shares 75% or more, Ownership of voting rights 75% or more and the right to appoint and remove directors of Chartsign Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade debtors

2,573,490

2,388,278

Tax

258,765

118,349

2,832,255

2,506,627

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Bank loans and overdrafts

88,585

99,942

Other loans

18,675

Trade creditors

281,292

443,757

Tax

34,587

12

Social security and other taxes

82,262

78,062

Wages control account

27,797

7,843

Pension

6,027

8,506

VAT

468,315

411,789

Other creditors

6,886

12,256

Directors' current accounts

21,401

25,121

1,035,827

1,105,963

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.3.25

31.3.24

£

Bank loans - 1-2 years

16,583

87,558

Other loans - 1-2 years

16,435

18,675

Other loans - 2-5 years

10,794

25,807

Other creditors

170,000

213,812

302,040

The company took a Coronavirus Business Interruption Loan through Santander during the year. The balance is recorded within creditors: amounts falling due after more than one year.

There is a charge on this loan registered with Companies House. The charge contains fixed charge(s), floating charge(s), and a negative pledge.

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

2

Ordinary

£1

2

10.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

K Puppala

Balance outstanding at start of year

(25,121

)

(17,371

)

Amounts advanced

8,923

-

Amounts repaid

(5,203

)

(7,750

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(21,401

)

(25,121

)

11.	RELATED PARTY DISCLOSURES

The company owns 80% of the issued share capital of Chartsign Limited, a subsidiary undertaking.

The company has received no dividends from this subsidiary during the year.

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Pragmatic Design Solutions Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Pragmatic Design Solutions Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pragmatic Design Solutions Limited and state those matters that we have agreed to state to the director of Pragmatic Design Solutions Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pragmatic Design Solutions Limited and its director for our work or for this report.

It is your duty to ensure that Pragmatic Design Solutions Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Pragmatic Design Solutions Limited. You consider that Pragmatic Design Solutions Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Pragmatic Design Solutions Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Accumen Business Consultancy Limited

Coventry University

Technology Park

Puma Way

Coventry

CV1 2TT

25 November 2025