Pragmatise Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 05035974 (England and Wales)

PRAGMATISE LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD

1 MAY 2017 TO 31 OCTOBER 2018

Page

Company information

1

Balance sheet

2

Notes to the financial statements

3

Chartered accountants' report

5

DIRECTOR:

Ms P M Nortrop

SECRETARY:

R A E Dobbs

REGISTERED OFFICE:

14 Preston Road

Westcliff-on-Sea

Essex

SS0 7NB

REGISTERED NUMBER:

05035974 (England and Wales)

ACCOUNTANTS:

F W Berringer & Co

Chartered Accountants

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

FIXED ASSETS

Tangible assets

4

965

54

CURRENT ASSETS

Debtors

5

570

2,594

Cash at bank

12,960

47,391

13,530

49,985

CREDITORS

Amounts falling due within one year

6

1,376

7,707

NET CURRENT ASSETS

12,154

42,278

TOTAL ASSETS LESS CURRENT LIABILITIES

13,119

42,332

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

13,118

42,331

SHAREHOLDERS' FUNDS

13,119

42,332

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 October 2018.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 October 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Statement of income and retained earnings has not been delivered.

The financial statements were approved by the director on 7 January 2019 and were signed by:

Ms P M Nortrop - Director

1.	STATUTORY INFORMATION

Pragmatise 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 the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company will be struck off post year end and, as a result, the financial statements have been prepared on a break up

basis.

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.

Computer equipment

-

33% on cost

Taxation

Taxation for the period 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 period 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2017 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Computer

equipment

£

COST

At 1 May 2017

2,917

Additions

1,382

At 31 October 2018

4,299

DEPRECIATION

At 1 May 2017

2,863

Charge for period

471

At 31 October 2018

3,334

NET BOOK VALUE

At 31 October 2018

965

At 30 April 2017

54

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Trade debtors

-

2,494

Other debtors

570

100

570

2,594

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2018

2017

£

£

Taxation and social security

-

112

Other creditors

1,376

7,595

1,376

7,707

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited

financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet.

Readers are cautioned that the Income statement and certain other primary statements and the Report of the director are

not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial

statements of Pragmatise Limited for the period ended 31 October 2018 which comprise the Statement of income and retained

earnings, Balance sheet and the related notes from the company's accounting records and from information and explanations you

have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Pragmatise Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Pragmatise Limited and state those matters that we have agreed to state to the director of Pragmatise Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pragmatise Limited and its director for our work or for this report.

It is your duty to ensure that Pragmatise Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Pragmatise Limited. You consider that Pragmatise Limited is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Pragmatise Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

F W Berringer & Co

Chartered Accountants

Lygon House

50 London Road

Bromley

Kent

BR1 3RA

7 January 2019