Company Registration No. 10071026 (England and Wales)
P S Window Cleaning Ltd
Unaudited accounts
for the year ended 31 March 2023
P S Window Cleaning Ltd
Unaudited accounts
Contents
P S Window Cleaning Ltd
Company Information
for the year ended 31 March 2023
Directors
SR Filkins
PAL Martin
Company Number
10071026 (England and Wales)
Registered Office
123 Cross Lane East
Gravesend
Kent
DA12 5HA
Accountants
Clayton Stirling
123 Cross Lane East
Gravesend
Kent
DA12 5HA
P S Window Cleaning Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
7,187
9,583
Cash at bank and in hand
4,300
6,241
Creditors: amounts falling due within one year
(23,785)
(22,737)
Net current assets
15,877
23,899
Total assets less current liabilities
23,064
33,482
Creditors: amounts falling due after more than one year
(22,223)
(31,464)
Called up share capital
100
100
Profit and loss account
741
1,918
Shareholders' funds
841
2,018
For the year ending 31 March 2023 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.
The financial statements were approved by the Board of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by
PAL Martin
Director
Company Registration No. 10071026
P S Window Cleaning Ltd
Notes to the Accounts
for the year ended 31 March 2023
P S Window Cleaning Ltd is a private company, limited by shares, registered in England and Wales, registration number 10071026. The registered office is 123 Cross Lane East, Gravesend, Kent, DA12 5HA.
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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
25% reducing balance basis
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Tangible fixed assets
Motor vehicles
P S Window Cleaning Ltd
Notes to the Accounts
for the year ended 31 March 2023
Carrying values included above held under finance leases and hire purchase contracts:
£
£
Amounts falling due within one year
Other debtors
35,362
38,195
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,644
6,002
Obligations under finance leases and hire purchase contracts
2,598
1,457
Taxes and social security
12,765
13,654
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
1,012
3,610
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director
15,002
25,383
26,800
13,585
Director
15,002
25,383
26,800
13,585
30,004
50,766
53,600
27,170
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).