P.D.S. Hitech Limited
P.D.S. Hitech Limited
Registered number: 10080165
Unaudited ABRIDGED Financial Statements
For The Year Ended 30 June 2019
P.D.S. Hitech Limited
Unaudited Financial Statements
For The Year Ended 30 June 2019
Unaudited Financial Statements
| Contents | |
| Page | |
|---|---|
| Abridged Balance Sheet | 1—2 |
| Notes to the Abridged Financial Statements | 3—4 |
P.D.S. Hitech Limited
Abridged Balance Sheet
As at
30 June 2019
Abridged Balance Sheet
Registered number:
10080165
For the year ending 30 June 2019 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
| 2019 | 2018 | ||||
|---|---|---|---|---|---|
| Notes | £ | £ | £ | £ | |
| FIXED ASSETS | |||||
| Tangible Assets | 3 |
|
|
||
|
|
|
||||
| CURRENT ASSETS | |||||
| Debtors |
|
|
|||
|
|
|
||||
| Creditors: Amounts Falling Due Within One Year |
( |
( |
|||
| NET CURRENT ASSETS (LIABILITIES) |
( |
( |
|||
| TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
( |
|||
| Creditors: Amounts Falling Due After More Than One Year | (6,481) | (9,165) | |||
| NET ASSETS |
( |
( |
|||
| CAPITAL AND RESERVES | |||||
| Called up share capital | 4 |
|
|
||
| Profit and Loss Account |
( |
( |
|||
| SHAREHOLDERS' FUNDS | (33,532) | (42,829) | |||
Page 1
P.D.S. Hitech Limited
Abridged Balance Sheet (continued)
As at
30 June 2019
Director's responsibilities
-
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. -
The director acknowledges his 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. - The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
-
All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 30 June 2019 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
|
|
|
|
The notes on pages 3 to 4 form part of these financial statements.
Page 2
P.D.S. Hitech Limited
Notes to the Abridged Financial Statements
For The Year Ended 30 June 2019
Notes to the Abridged Financial Statements
1.
Accounting Policies
1.1.
Basis of Preparation of Financial Statements
The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1.2.
Going Concern Disclosure
The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern.
1.3.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
1.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
| Plant & Machinery |
|
2.
Average Number of Employees
Average number of employees, including directors, during the year was as follows: 7 (2018: 8).
3.
Tangible Assets
| Total | |
|---|---|
| £ | |
| Cost | |
| As at |
|
| As at |
|
| Depreciation | |
| As at |
|
| Provided during the period |
|
| As at |
|
| Net Book Value | |
| As at |
|
| As at |
|
Page 3
P.D.S. Hitech Limited
Notes to the Abridged Financial Statements (continued)
For The Year Ended 30 June 2019
4.
Share Capital
| 2019 | 2018 | ||
|---|---|---|---|
| Allotted, Called up and fully paid |
|
|
|
5.
General Information
P.D.S. Hitech Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10080165 . The registered office is The Hive, 6 Beaufighter Road, Weston-Super-Mare, BS24 8EE.
Page 4