1 September 2024 false No description of principal activity Taxfiler 2024.6 08659226 business:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 08659226 2024-08-31 08659226 2024-09-01 2025-08-31 08659226 business:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 08659226 business:FilletedAccounts 2024-09-01 2025-08-31 08659226 2025-08-31 08659226 2024-08-31 08659226 core:WithinOneYear 2025-08-31 08659226 core:WithinOneYear 2024-08-31 08659226 core:ShareCapital core:PreviouslyStatedAmount 2025-08-31 08659226 core:ShareCapital core:PreviouslyStatedAmount 2024-08-31 08659226 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-08-31 08659226 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-08-31 08659226 core:PreviouslyStatedAmount 2025-08-31 08659226 core:PreviouslyStatedAmount 2024-08-31 08659226 business:SmallEntities 2024-09-01 2025-08-31 08659226 business:Director1 2024-09-01 2025-08-31 08659226 countries:EnglandWales 2024-09-01 2025-08-31 08659226 business:RegisteredOffice 2024-09-01 2025-08-31 08659226 core:PlantMachinery 2024-09-01 2025-08-31 08659226 core:FurnitureFittings 2024-09-01 2025-08-31 08659226 core:PlantMachinery 2024-08-31 08659226 core:FurnitureFittings 2024-08-31 08659226 core:PlantMachinery 2025-08-31 08659226 core:FurnitureFittings 2025-08-31 08659226 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure
Company Registration No. 08659226 (England and Wales)
Profitable Sites Ltd Unaudited accounts for the year ended 31 August 2025
Profitable Sites Ltd Statement of financial position as at 31 August 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
821
1,482
Current assets
Debtors
5
2,004
2,673
Cash at bank and in hand
26,024
52,788
28,028
55,461
Creditors: amounts falling due within one year
6
(49,001)
(40,232)
Net current (liabilities)/assets
(20,973)
15,229
Net (liabilities)/assets
(20,152)
16,711
Capital and reserves
Called up share capital
50
50
Profit and loss account
(20,202)
16,661
Shareholders' funds
(20,152)
16,711
For the year ending 31 August 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 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.
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 May 2026 and were signed on its behalf by
D Friend Director Company Registration No. 08659226
- 2 -
Profitable Sites Ltd Notes to the Accounts for the year ended 31 August 2025
1
Statutory information
Profitable Sites Ltd is a private company, limited by shares, registered in England and Wales, registration number 08659226. The registered office is 21 Ignite House, Braintree Enterprise Centre, 46-48 Springwood Drive, Braintree, Essex, CM7 2YN, 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:
Plant & machinery
33.33% Straight Line Basis
Fixtures & fittings
33.33% Straight Line Basis
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 September 2024
1,985
6,365
8,350
At 31 August 2025
1,985
6,365
8,350
Depreciation
At 1 September 2024
503
6,365
6,868
Charge for the year
661
-
661
At 31 August 2025
1,164
6,365
7,529
Net book value
At 31 August 2025
821
-
821
At 31 August 2024
1,482
-
1,482
- 3 -
Profitable Sites Ltd Notes to the Accounts for the year ended 31 August 2025
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
2,004
2,556
Other debtors
-
117
2,004
2,673
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
11,287
12,363
Trade creditors
3,273
1,012
Taxes and social security
34,026
14,033
Other creditors
346
3,662
Loans from directors
69
8,112
Accruals
-
1,050
49,001
40,232
7
Average number of employees
During the year the average number of employees was 2 (2024: 1).
- 4 -