Company Registration No. 11597292 (England and Wales)
P&K DISTRIBUTORS LTD
Unaudited accounts
for the year ended 31 October 2023
P&K DISTRIBUTORS LTD
Unaudited accounts
Contents
P&K DISTRIBUTORS LTD
Company Information
for the year ended 31 October 2023
Directors
Himanshu Pandya
Shilpa Dave
Company Number
11597292 (England and Wales)
Registered Office
40 New House park
St Albans
Al1 1UJ
United Kingdom
P&K DISTRIBUTORS LTD
Statement of financial position
as at 31 October 2023
Intangible assets
60,134
-
Cash at bank and in hand
8,548
1
Creditors: amounts falling due within one year
(111,812)
-
Net current (liabilities)/assets
(54,222)
1
Called up share capital
1
1
Profit and loss account
15,749
-
Shareholders' funds
15,750
1
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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 23 February 2024 and were signed on its behalf by
Himanshu Pandya
Director
Company Registration No. 11597292
P&K DISTRIBUTORS LTD
Notes to the Accounts
for the year ended 31 October 2023
P&K DISTRIBUTORS LTD is a private company, limited by shares, registered in England and Wales, registration number 11597292. The registered office is 40 New House park, St Albans, Al1 1UJ, United Kingdom.
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.
These financial statements for the year ended 31 October 2023 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 November 2021.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Goodwill amortisation in 10 years.
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:
Fixtures & fittings
20% on straight line method
4
Intangible fixed assets
Goodwill
P&K DISTRIBUTORS LTD
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Fixtures & fittings
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
11,876
-
Taxes and social security
4,944
-
Loans from directors
67,119
-
8
Average number of employees
During the year the average number of employees was 2 (2022: 1).