Company Registration No. 13783759 (England and Wales)
PRYCE INSPIRATIONS LTD
Unaudited accounts
for the year ended 31 December 2024
PRYCE INSPIRATIONS LTD
Unaudited accounts
Contents
PRYCE INSPIRATIONS LTD
Company Information
for the year ended 31 December 2024
Company Number
13783759 (England and Wales)
Registered Office
4 BEAUMONT ROAD
CHURCH STRETTON
SY6 6BN
UNITED KINGDOM
Accountants
S A Acc'y Ltd
The Corner House
4 Beaumont Road
Church Stretton
Shropshire
SY6 6BN
PRYCE INSPIRATIONS LTD
Statement of financial position
as at 31 December 2024
Tangible assets
4,525
3,693
Cash at bank and in hand
2,296
257
Creditors: amounts falling due within one year
(2,894)
(7,335)
Net current liabilities
(98)
(6,412)
Net assets/(liabilities)
4,427
(2,719)
Called up share capital
1
1
Profit and loss account
4,426
(2,720)
Shareholders' funds
4,427
(2,719)
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 her 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 28 November 2025 and were signed on its behalf by
A Pryce
Director
Company Registration No. 13783759
PRYCE INSPIRATIONS LTD
Notes to the Accounts
for the year ended 31 December 2024
PRYCE INSPIRATIONS LTD is a private company, limited by shares, registered in England and Wales, registration number 13783759. The registered office is 4 BEAUMONT ROAD, CHURCH STRETTON, SY6 6BN, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
20% per annum on cost
Fixtures & fittings
15% per annum on cost
Computer equipment
20% per annum on cost
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
698
3,302
949
4,949
Additions
1,712
104
249
2,065
At 31 December 2024
2,410
3,406
1,198
7,014
At 1 January 2024
140
926
190
1,256
Charge for the year
482
511
240
1,233
At 31 December 2024
622
1,437
430
2,489
At 31 December 2024
1,788
1,969
768
4,525
At 31 December 2023
558
2,376
759
3,693
PRYCE INSPIRATIONS LTD
Notes to the Accounts
for the year ended 31 December 2024
Amounts falling due within one year
Accrued income and prepayments
-
120
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,501
-
Loans from directors
504
6,333
7
Average number of employees
During the year the average number of employees was 0 (2023: 1).