PRICELESS WEB MARKETING LIMITED


1 April 2020 false Taxfiler 2021.6 11683005business:PrivateLimitedCompanyLtd2020-04-012021-03-31 116830052020-03-31 116830052020-04-012021-03-31 11683005business:AuditExempt-NoAccountantsReport2020-04-012021-03-31 11683005business:FullAccounts2020-04-012021-03-31 116830052021-03-31 11683005business:Director12020-04-012021-03-31 11683005business:Director22020-04-012021-03-31 11683005business:RegisteredOffice2020-04-012021-03-31 116830052020-03-31 11683005core:WithinOneYear2021-03-31 11683005core:WithinOneYear2020-03-31 11683005core:ShareCapital2021-03-31 11683005core:ShareCapital2020-03-31 11683005core:RetainedEarningsAccumulatedLosses2021-03-31 11683005core:RetainedEarningsAccumulatedLosses2020-03-31 11683005business:SmallEntities2020-04-012021-03-31 11683005countries:EnglandWales2020-04-012021-03-31 116830052019-04-012020-03-31 iso4217:GBP xbrli:pure
Company Registration No. 11683005 (England and Wales)
PRICELESS WEB MARKETING LIMITED Unaudited accounts for the year ended 31 March 2021
PRICELESS WEB MARKETING LIMITED Unaudited accounts Contents
Page
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PRICELESS WEB MARKETING LIMITED Company Information for the year ended 31 March 2021
Directors
Mr J H Price Mr H L Price
Company Number
11683005 (England and Wales)
Registered Office
Office F32 Pool Innovation Centre Redruth Cornwall TR15 3PL
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PRICELESS WEB MARKETING LIMITED Statement of financial position as at 31 March 2021
2021 
2020 
Notes
£ 
£ 
Current assets
Debtors
2,097 
- 
Cash at bank and in hand
13,250 
103 
15,347 
103 
Creditors: amounts falling due within one year
(8,043)
- 
Net current assets
7,304 
103 
Net assets
7,304 
103 
Capital and reserves
Called up share capital
103 
103 
Profit and loss account
7,201 
- 
Shareholders' funds
7,304 
103 
For the year ending 31 March 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 26 May 2021 and were signed on its behalf by
Mr J H Price Director Company Registration No. 11683005
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PRICELESS WEB MARKETING LIMITED Notes to the Accounts for the year ended 31 March 2021
1
Statutory information
PRICELESS WEB MARKETING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11683005. The registered office is Office F32, Pool Innovation Centre, Redruth, Cornwall, TR15 3PL.
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.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Other debtors
2,097 
- 
5
Creditors: amounts falling due within one year
2021 
2020 
£ 
£ 
Taxes and social security
7,445 
- 
Other creditors
100 
- 
Accruals
498 
- 
8,043 
- 
6
Transactions with related parties
During the year, the company made sales to the following company's; UK Football Trials Limited £16,885 (2020 - nil) Football Guardians Limited £3,200 (2020 - nil) Mr J H Price and Mr H L Price are directors and shareholders of UK Football Trials Limited and Football Guardians Limited Mr C Woodburn is a director and shareholder of Football Guardians Limited
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PRICELESS WEB MARKETING LIMITED Notes to the Accounts for the year ended 31 March 2021
7
Average number of employees
During the year the average number of employees was 0 (2020: 0).
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