ACCOUNTS - Final Accounts

Registered number: 09072081

PERSONALISEONLINE LIMITED

UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2025

PERSONALISEONLINE LIMITED

REGISTERED NUMBER: 09072081

STATEMENT OF FINANCIAL POSITION

AS AT 30 JUNE 2025

	2025	2025	2024	2024
Note	£	£	£	£

Fixed assets
Tangible assets	5		995		1,080
			995		1,080
Current assets
Stocks		54,608		52,737
Debtors: amounts falling due within one year	6	6,387		15,553
Cash at bank and in hand		77,198		78,126
		138,193		146,416
Creditors: amounts falling due within one year	7	(27,633)		(32,314)
Net current assets			110,560		114,102
Total assets less current liabilities			111,555		115,182
Provisions for liabilities
Deferred tax	8	(189)		(205)
			(189)		(205)
Net assets			111,366		114,977

Capital and reserves
Called up share capital	100	100
Profit and loss account	111,266	114,877
	111,366	114,977

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PERSONALISEONLINE LIMITED

REGISTERED NUMBER: 09072081

STATEMENT OF FINANCIAL POSITION (CONTINUED)

AS AT 30 JUNE 2025

The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 3 December 2025.

N E Joels

Director

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PERSONALISEONLINE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

1.	General information

Personaliseonline Limited is a private company limited by shares and registered in England and Wales. The address of its registered office and principal place of business is 406 Centennial Park, Centennial Avenue, Elstree, Borehamwood, Hertfordshire, WD6 3TN.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

2.2

Going concern

The director believes the company will continue in operational existence for the foreseeable future and accordingly these financial statements are prepared on the going concern basis.

2.3

Currency

The company's functional and presentational currency is GBP.

2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:
Sale of goods
Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
- the company has transferred the significant risks and rewards of ownership to the buyer;
- the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
- the amount of revenue can be measured reliably;
- it is probable that the company will receive the consideration due under the transaction; and
- the costs incurred or to be incurred in respect of the transaction can be measured reliably.

2.5

Current and deferred taxation

Tax is recognised in the Statement of Income and Retained Earnings.
The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the United Kingdom.
Deferred tax is provided where there is a timing difference between the treatment of items within the financial statements and the company's tax returns.

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PERSONALISEONLINE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

2.Accounting policies (continued)

2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows.

Depreciation is provided on the following basis:

Plant and machinery

3 years straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.7

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the average cost of purchase.
At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Statement of Income and Retained Earnings.

2.8

Debtors

Short term debtors are measured at transaction price, less any impairment.

2.9

Cash

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours.

2.10

Creditors

Short term creditors are measured at the transaction price.

2.11

Financial instruments

The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors.
Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Income and Retained Earnings.

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PERSONALISEONLINE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

3.	Judgments in applying accounting policies and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgments, estimates and assumptions that affect the amounts reported for assets and liabilities as at the reporting date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates.
Stocks
The valuation of stock requires an estimate of its net realisable value.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

5.	Tangible fixed assets

		Plant and machinery
		£
	Cost or valuation
	At 1 July 2024	32,099
	Additions	429
	At 30 June 2025	32,528
	Depreciation
	At 1 July 2024	31,019
	Charge for the year on owned assets	514
	At 30 June 2025	31,533
	Net book value
	At 30 June 2025	995
	At 30 June 2024	1,080

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PERSONALISEONLINE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

Debtors

					2025	2024
					£	£


Trade debtors	3,643	11,047
Other debtors	120	307
Prepayments	1,793	4,199
Tax recoverable	831	-
	6,387	15,553

7.	Creditors: Amounts falling due within one year
		2025	2024
		£	£

Trade creditors	9,094	14,257
Corporation tax	-	6,308
Other taxation and social security	5,710	9,127
Other creditors	1,287	722
Accruals	11,542	1,900
	27,633	32,314

8.	Deferred taxation

		2025
		£

	At beginning of year	(205)
	Charged to profit or loss	16
	At end of year	(189)

The provision for deferred taxation is made up as follows:
	2025	2024
	£	£

	Accelerated capital allowances	(189)	(205)
		(189)	(205)

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PERSONALISEONLINE LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2025

9.	Related party transactions
	During the year, the company paid management charges to a company controlled by the director in the sum of £59,785 (2024 : £75,171). At the year end date, £5,245 (2024 : £7,444) was outstanding and is included in trade creditors.

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