Practical Accounting Limited in Staffordshire, B79 8AD

Description

Data updated on: 01-11-2023

Practical Accounting started its operations in 2002 as a Private Limited Company registered with number: 04568607. The firm has operated for twenty two years and the present status is active. The company's headquarters is registered in Staffordshire at 50 Ashby Road. Anyone could also find the firm using the zip code of B79 8AD. The firm's SIC and NACE codes are 69201 meaning Accounting and auditing activities. December 31, 2022 is the last time when company accounts were reported.

Currently, this specific limited company is overseen by a single managing director: Stephen D., who was assigned to lead the company twenty two years ago. In order to find professional help with legal documentation, this limited company has been utilizing the expertise of Susan D. as a secretary for the last twenty two years.

Stephen D. is the individual who has control over this firm, owns over 1/2 to 3/4 of company shares and has over 1/2 to 3/4 of voting rights.

Financial data based on annual reports

Profit & Loss
Date of Accounts	2011-12-31	2012-12-31	2014-12-31	2015-12-31	2016-12-31	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31
Currency	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP	GBP
Net Worth	41 725	52 501	17 999	9 316

Balance Sheet
Current Assets	118 482	172 939	136 983	130 701	146 468	149 008	160 548	169 271	195 227	192 455	178 528
Net Assets Liabilities				10 816	9 543	16 304	43 806	65 417	49 122	42 180	30 524
Cash Bank In Hand	63 640	117 580	106 417	100 544
Debtors	28 607	43 873	20 179	18 858
Intangible Fixed Assets		45 000	35 000	30 000
Net Assets Liabilities Including Pension Asset Liability	41 725	52 501	17 999	9 316
Stocks Inventory	26 235	11 486	10 387	11 299
Tangible Fixed Assets	12 943	15 006	14 774	13 284

Capital & Reserves
Called Up Share Capital	100	123	123	123
Profit Loss Account Reserve	41 625	52 378	17 876	9 193
Shareholder Funds	41 725	52 501	17 999	9 316

Other Financial Data
Version Production Software								2 020	2 021		2 024
Average Number Employees During Period					5	5	5	5	5	5	5
Creditors				175 257	176 664	169 614	145 378	127 394	163 608	163 064	161 127
Fixed Assets	12 943	72 094	61 862	55 372	37 418	34 090	28 636	23 540	17 503	12 789	13 123
Net Current Assets Liabilities	30 282	-18 093	-42 363	-44 556	-27 875	-17 786	15 170	41 877	31 619	29 391	17 401
Prepayments Accrued Income Not Expressed Within Current Asset Subtotal					2 321	2 820
Total Assets Less Current Liabilities	43 225	54 001	19 499	10 816	9 543	16 304	43 806	65 417	49 122	42 180	30 524
Creditors Due Within One Year	88 200	191 032	179 346	175 257
Intangible Fixed Assets Aggregate Amortisation Impairment	30 000	35 000	45 000	50 000
Intangible Fixed Assets Cost Or Valuation	30 000	80 000	80 000	80 000
Investments Fixed Assets		12 088	12 088	12 088
Number Shares Allotted		100		123
Par Value Share		1		1
Provisions For Liabilities Charges	1 500	1 500	1 500	1 500
Share Capital Allotted Called Up Paid	100	123	123	123
Tangible Fixed Assets Cost Or Valuation	29 263	33 210	37 277	38 002
Tangible Fixed Assets Depreciation	16 320	18 204	22 503	24 718
Fixed Asset Investments Cost Or Valuation			12 088	12 088
Intangible Fixed Assets Amortisation Charged In Period				5 000
Tangible Fixed Assets Additions				725
Tangible Fixed Assets Depreciation Charged In Period				2 215