PT Publishing Limited - Accounts to registrar (filleted) - small 22.3

PT Publishing Limited - Accounts to registrar (filleted) - small 22.3

PT PUBLISHING LIMITED - Company Information

Print Friendly Version

IRIS Accounts Production v22.4.0.132 05081138 director 1.4.21 31.3.22 31.3.22 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pure050811382021-03-31050811382022-03-31050811382021-04-012022-03-31050811382020-03-31050811382020-04-012021-03-31050811382021-03-3105081138ns16:EnglandWales2021-04-012022-03-3105081138ns15:PoundSterling2021-04-012022-03-3105081138ns11:Director12021-04-012022-03-3105081138ns11:PrivateLimitedCompanyLtd2021-04-012022-03-3105081138ns11:SmallEntities2021-04-012022-03-3105081138ns11:AuditExempt-NoAccountantsReport2021-04-012022-03-3105081138ns11:SmallCompaniesRegimeForDirectorsReport2021-04-012022-03-3105081138ns11:SmallCompaniesRegimeForAccounts2021-04-012022-03-3105081138ns11:FullAccounts2021-04-012022-03-3105081138ns11:RegisteredOffice2021-04-012022-03-3105081138ns6:CurrentFinancialInstruments2022-03-3105081138ns6:CurrentFinancialInstruments2021-03-3105081138ns6:ShareCapital2022-03-3105081138ns6:ShareCapital2021-03-3105081138ns6:RetainedEarningsAccumulatedLosses2022-03-3105081138ns6:RetainedEarningsAccumulatedLosses2021-03-3105081138ns6:FurnitureFittings2021-04-012022-03-3105081138ns6:ComputerEquipment2021-04-012022-03-3105081138ns6:FurnitureFittings2021-03-3105081138ns6:ComputerEquipment2021-03-3105081138ns6:FurnitureFittings2022-03-3105081138ns6:ComputerEquipment2022-03-3105081138ns6:FurnitureFittings2021-03-3105081138ns6:ComputerEquipment2021-03-3105081138ns6:WithinOneYearns6:CurrentFinancialInstruments2022-03-3105081138ns6:WithinOneYearns6:CurrentFinancialInstruments2021-03-3105081138ns6:CurrentFinancialInstruments2021-04-012022-03-3105081138ns6:DeferredTaxation2021-03-3105081138ns6:DeferredTaxation2021-04-012022-03-3105081138ns6:DeferredTaxation2022-03-31
REGISTERED NUMBER: 05081138 (England and Wales)











FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2022

FOR

PT PUBLISHING LIMITED
Kemp Carr Brown & Co.
55 East Street
Faversham
Kent
ME13 8AF








PT PUBLISHING LIMITED (REGISTERED NUMBER: 05081138)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PT PUBLISHING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2022







DIRECTOR: M Sims



REGISTERED OFFICE: 55 East Street
Faversham
Kent
ME13 8AF



REGISTERED NUMBER: 05081138 (England and Wales)



ACCOUNTANTS: Kemp Carr Brown & Co.
55 East Street
Faversham
Kent
ME13 8AF



BANKERS: Clydesdale
1
PT PUBLISHING LIMITED (REGISTERED NUMBER: 05081138)

BALANCE SHEET
31 MARCH 2022

31.3.22 31.3.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,105 3,992

CURRENT ASSETS
Debtors 5 163,050 160,338
Cash at bank and in hand 215,624 162,404
378,674 322,742
CREDITORS
Amounts falling due within one year 6 277,995 215,832
NET CURRENT ASSETS 100,679 106,910
TOTAL ASSETS LESS CURRENT
LIABILITIES
102,784
110,902

PROVISIONS FOR LIABILITIES 7 560 758
NET ASSETS 102,224 110,144

CAPITAL AND RESERVES
Called up share capital 101 101
Retained earnings 102,123 110,043
SHAREHOLDERS' FUNDS 102,224 110,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2022 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 notes form part of these financial statements

2 continued...
PT PUBLISHING LIMITED (REGISTERED NUMBER: 05081138)

BALANCE SHEET - continued
31 MARCH 2022


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 16 January 2023 and were signed by:





M Sims - Director


The notes form part of these financial statements

3
PT PUBLISHING LIMITED (REGISTERED NUMBER: 05081138)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2022

1. STATUTORY INFORMATION

PT Publishing 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, fittings, equipment - 15% on reducing balance
Computer equipment and
software
-
25% on 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.

4 continued...
PT PUBLISHING LIMITED (REGISTERED NUMBER: 05081138)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

2. ACCOUNTING POLICIES - continued

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 3 (2021 - 2 ) .

4. TANGIBLE FIXED ASSETS
Computer
Fixtures, equipment
fittings, and
equipment software Totals
£    £    £   
COST
At 1 April 2021 7,820 137,115 144,935
Additions - 708 708
At 31 March 2022 7,820 137,823 145,643
DEPRECIATION
At 1 April 2021 6,703 134,240 140,943
Charge for year 168 2,427 2,595
At 31 March 2022 6,871 136,667 143,538
NET BOOK VALUE
At 31 March 2022 949 1,156 2,105
At 31 March 2021 1,117 2,875 3,992

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.22 31.3.21
£    £   
Trade debtors 68,205 63,786
Other debtors 1,493 1,493
Directors' current accounts 90,177 92,858
VAT 2,602 1,628
Prepayments 573 573
163,050 160,338

5 continued...
PT PUBLISHING LIMITED (REGISTERED NUMBER: 05081138)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2022

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.22 31.3.21
£ £

Trade creditors
- accruals15,0577,328
- deferred income230,629167,688

Taxation
- corporation tax24,56838,415
Other creditors3,271-
Credit card4,4702,901
277,995215,832

Trade creditors includes £230,629 in respect of deferred income applicable to subscriptions and conferences for the period subsequent to 31 March 2022 and £167,688 of deferred income at 31 March 2021 applicable to period subsequent to 31 March 2021.

7. PROVISIONS FOR LIABILITIES
31.3.22 31.3.21
£    £   
Deferred tax 560 758

Deferred
tax
£   
Balance at 1 April 2021 758
Provided during year (198 )
Increase
Balance at 31 March 2022 560

6