Company Registration No. 07193562 (England and Wales)
PK Financial Services (UK) LTD
Unaudited accounts
for the year ended 31 March 2020
PK Financial Services (UK) LTD
Unaudited accounts
Contents
PK Financial Services (UK) LTD
Company Information
for the year ended 31 March 2020
Director
Tetiana PASICHNYK
Company Number
07193562 (England and Wales)
Registered Office
49 West Ham Lane
London
E15 4PH
GB
PK Financial Services (UK) LTD
Statement of financial position
as at
31 March 2020
Cash at bank and in hand
115,055
20,153
Creditors: amounts falling due within one year
(64,943)
(40,388)
Net current assets
58,345
20,383
Total assets less current liabilities
58,345
20,383
Creditors: amounts falling due after more than one year
(7,117)
(15,248)
Called up share capital
100
100
Profit and loss account
51,128
5,035
Shareholders' funds
51,228
5,135
For the year ending 31 March 2020 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 director acknowledges her 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 and authorised for issue on 11 November 2020 and were signed on its behalf by
Tetiana PASICHNYK
Director
Company Registration No. 07193562
PK Financial Services (UK) LTD
Notes to the Accounts
for the year ended 31 March 2020
PK Financial Services (UK) LTD is a private company, limited by shares, registered in England and Wales, registration number 07193562. The registered office is 49 West Ham Lane, London, E15 4PH, GB.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2019
1,131
4,850
2,818
8,799
Additions
1,004
-
-
1,004
At 31 March 2020
2,135
4,850
2,818
9,803
At 1 April 2019
1,131
4,850
2,818
8,799
Charge for the year
1,004
-
-
1,004
At 31 March 2020
2,135
4,850
2,818
9,803
Trade debtors
8,233
10,733
PK Financial Services (UK) LTD
Notes to the Accounts
for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020
2019
Trade creditors
23,562
5,475
Taxes and social security
26,610
31,941
Other creditors
1,167
355
7
Creditors: amounts falling due after more than one year
2020
2019
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Average number of employees
During the year the average number of employees was 12 (2019: 11).