Company Registration No. 09978376 (England and Wales)
PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED
Unaudited accounts
for the year ended 28 February 2019
PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED
Unaudited accounts
Contents
PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED
Company Information
for the year ended 28 February 2019
Directors
SARBJIT BALI
Ritu BALI
Company Number
09978376 (England and Wales)
Registered Office
9 Young Close
Aylesbury
HP21 7FB
Accountants
MULTITOP ACCOUNTANTS LTD
114a Bellegrove Road
Welling
Kent
DA16 3QR
PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED
Accountants' report
Accountants' report to the board of directors of PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED on the preparation of the unaudited statutory accounts for the year ended 28 February 2019
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED for the year ended
28 February 2019 as set out on pages
5 -
6 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED. You consider that PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of PROGRESSIVE INFORMATION TECHNOLOGY SERVICES 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 accounts.
MULTITOP ACCOUNTANTS LTD
114a Bellegrove Road
Welling
Kent
DA16 3QR
12 November 2019
PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED
Statement of financial position
as at
28 February 2019
Cash at bank and in hand
70,532
76,905
Creditors: amounts falling due within one year
(9,742)
(33,733)
Net current assets
74,570
57,672
Called up share capital
100
100
Profit and loss account
74,470
57,572
Shareholders' funds
74,570
57,672
For the year ending 28 February 2019 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.
Approved by the Board on 12 November 2019.
SARBJIT BALI
Director
Company Registration No. 09978376
PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED
Notes to the Accounts
for the year ended 28 February 2019
PROGRESSIVE INFORMATION TECHNOLOGY SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 09978376. The registered office is 9 Young Close, Aylesbury, HP21 7FB.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Trade debtors
13,680
14,400
5
Creditors: amounts falling due within one year
2019
2018
Taxes and social security
25,921
24,765
Loans from directors
(16,179)
8,968
6
Average number of employees
During the year the average number of employees was 0 (2018: 0).