|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 30 June 2018 |
|
for |
|
PSI Speciality Gas Engineering Limited |
|
|
REGISTERED NUMBER:
|
|
|
|
|
|
|
|
|
|
|
|
Unaudited Financial Statements |
|
for the Year Ended 30 June 2018 |
|
for |
|
PSI Speciality Gas Engineering Limited |
PSI Speciality Gas Engineering Limited (Registered number: 06446767) |
|
|
|
|
|
|
Contents of the Financial Statements |
for the Year Ended 30 June 2018 |
|
|
|
|
Page |
|
Company Information | 1 |
|
Statement of Financial Position | 2 |
|
Notes to the Financial Statements | 3 |
|
PSI Speciality Gas Engineering Limited |
|
Company Information |
for the Year Ended 30 June 2018 |
|
|
|
|
|
|
|
DIRECTOR: |
|
|
|
|
|
|
SECRETARY: |
|
|
|
|
|
|
REGISTERED OFFICE: |
|
|
|
|
|
|
|
|
|
|
|
REGISTERED NUMBER: |
|
|
|
|
|
|
PSI Speciality Gas Engineering Limited (Registered number: 06446767) |
|
Statement of Financial Position |
30 June 2018 |
|
2018 | 2017 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
|
|
|
CURRENT ASSETS |
Debtors | 6 |
|
|
Cash in hand |
|
|
|
|
CREDITORS |
Amounts falling due within one year | 7 |
|
|
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
|
( |
) |
|
CAPITAL AND RESERVES |
Called up share capital |
|
|
Retained earnings |
|
( |
) |
|
( |
) |
|
|
|
|
|
The director acknowledges his responsibilities for: |
(a) |
ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the
Companies Act 2006 and |
(b) |
preparing financial statements which give a true and fair view of the state of affairs of the company as at
the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company. |
|
|
|
In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered. |
|
The financial statements were approved by the director on
|
|
|
|
|
|
|
|
PSI Speciality Gas Engineering Limited (Registered number: 06446767) |
|
Notes to the Financial Statements |
for the Year Ended 30 June 2018 |
|
1. | STATUTORY INFORMATION |
|
PSI Speciality Gas Engineering Limited is a
|
Wales. The company's registered number and registered office address can be found on the Company |
Information page. |
|
2. | STATEMENT OF COMPLIANCE |
|
|
|
3. | ACCOUNTING POLICIES |
|
Basis of preparing the financial statements |
The financial statements cover the company as an individual entity, have been prepared under the |
historical cost convention and are presented in Pounds Sterling (£) being the functional currency. |
|
The financial statements have been prepared on the assumption that the company is able to carry on |
business as a going concern, which the directors consider appropriate having regard to the company's |
current and expected performance. |
|
Turnover |
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, |
rebates, value added tax and other sales taxes. |
|
Tangible fixed assets |
|
Short leasehold | - |
|
Fixtures and fittings | - |
|
Motor vehicles | - |
|
Computer equipment | - |
|
|
Financial instruments |
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible |
preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in |
profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value |
with changes recognised in profit or loss. |
|
Taxation |
Taxation for the year comprises current and deferred tax if applicable. Tax is recognised in the Income |
Statement, except to the extent that it relates to items recognised in other comprehensive income or |
directly in equity. |
|
Current or deferred taxation assets and liabilities are not discounted. |
|
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been |
enacted or substantively enacted by the statement of financial position date. |
|
Hire purchase and leasing commitments |
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of |
the lease. |
|
4. | EMPLOYEES AND DIRECTORS |
|
The average number of employees during the year was NIL (2017 - 3 ). |
PSI Speciality Gas Engineering Limited (Registered number: 06446767) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2018 |
|
5. | TANGIBLE FIXED ASSETS |
Fixtures |
Short | and | Motor | Computer |
leasehold | fittings | vehicles | equipment | Totals |
£ | £ | £ | £ | £ |
COST |
At 1 July 2017 |
and 30 June 2018 |
|
|
|
|
|
DEPRECIATION |
At 1 July 2017 |
|
|
|
|
|
Charge for year |
|
|
|
|
|
At 30 June 2018 |
|
|
|
|
|
NET BOOK VALUE |
At 30 June 2018 |
|
|
|
|
|
At 30 June 2017 |
|
|
|
|
|
|
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Trade debtors |
|
|
Other debtors |
|
|
|
|
|
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2018 | 2017 |
£ | £ |
Bank loans and overdrafts |
|
|
Trade creditors |
|
|
Taxation and social security |
|
|
Other creditors |
|
|
|
|
|
8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
|
The following advances and credits to a director subsisted during the years ended 30 June 2018 and |
30 June 2017: |
|
2018 | 2017 |
£ | £ |
|
Balance outstanding at start of year |
|
|
Amounts advanced |
|
|
Amounts repaid | ( |
) |
|
Amounts written off | - | - |
Amounts waived | - | - |
Balance outstanding at end of year |
|
|
PSI Speciality Gas Engineering Limited (Registered number: 06446767) |
|
Notes to the Financial Statements - continued |
for the Year Ended 30 June 2018 |
|
8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES - continued |
|
The advances were unsecured and repayable on demand. Interest has been charged at a rate of 2.5% per |
annum where the balance exceeded £10,000. |
|
The amounts owing to the company at the year end are included within other debtors. |