P.R.E Building Solutions Limited,Ltd - AccountsLtd - Accounts

P.R.E. BUILDING SOLUTIONS LTD - Company Information

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P.R.E Building Solutions Limited

Registered Number:09460815

For the year ended 28 February 2019

England and Wales

Unaudited Financial Statements

As at 28 February 2019

P.R.E Building Solutions Limited

Statement of Financial Position

Registered Number :

09460815

2018

2019

Notes

Fixed assets

Property, plant and equipment

12,126

17,421

12,126

17,421

Current assets

Trade and other receivables

6,544

8,835

4,901

Cash and cash equivalents

8,835

11,445

Trade and other payables: amounts falling due within one

year

(19,641)

(16,586)

(8,196)

(7,751)

Net current liabilities

Total assets less current liabilities

4,375

9,225

Trade and other payables: amounts falling due after more

than one year

(5,527)

(1,105)

(2,304)

(3,310)

Provisions for liabilities

966

Net assets

388

Capital and reserves

Called up share capital

Retained earnings

956

378

966

388

Shareholders' funds

For the year ended 28 February 2019 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 of its financial statements for the year ended 28 February 2019 in accordance with Section 476 of the Companies Act 2006

The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section

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 Income Statement has not been delivered.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

Mr Philip Edwards Director

These financial statements were approved and authorised for issue by the Board on 06 November 2019 and were signed by:

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For the year ended 28 February 2019

P.R.E Building Solutions Limited

Statement of Financial Position Continued

The notes form part of these financial statements

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For the year ended 28 February 2019

P.R.E Building Solutions Limited

Notes to the Financial Statements

Statutory Information

P.R.E Building Solutions Limited is a private limited company, limited by shares, domiciled in England and Wales,

registration number 09460815.

Registered address:

Meeson House

76 Pinfold Lane

Penkridge

Staffordshire

ST19 5AP

The presentation currency is £ sterling.

1. Accounting policies

Basis of preparing the financial statements

These financial statements have been prepared in accordance with the provisions of Section 1A of Financial

Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the

Companies Act 2006. The financial statements have been prepared under the historical costs convention as

modified by the revaluation of certain assets.

Revenue recognition

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Hire purchase and leasing commitments

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

2. Property, plant and equipment

Total

Motor vehicles

Plant and

machinery

Cost or

valuation

At 01 March 2018

21,180

3,000

18,180

At 28 February 2019

18,180

3,000

21,180

Provision for depreciation and impairment

At 01 March 2018

3,759

3,696

Charge for year

5,295

750

4,545

At 28 February 2019

9,054

813

8,241

At 28 February 2019

Net book value

9,939

2,187

12,126

At 28 February 2018

14,484

2,937

17,421

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For the year ended 28 February 2019

P.R.E Building Solutions Limited

Notes to the Financial Statements Continued

3. Trade and other receivables

2018

2019

Trade debtors

2,168

Other debtors

6,667

6,544

8,835

4. Trade and other payables: amounts falling due within one year

2018

2019

Bank loans and overdraft

861

1,208

Trade creditors

7,078

6,885

Taxation and social security

2,515

5,812

Other creditors

6,132

5,736

16,586

19,641

5. Trade and other payables: amounts falling due after more than one year

2018

2019

Other creditors

1,105

5,527

6. Directors advances and guarantees

At 01/03/2018

Loaned

Repaid

At 28/02/2019

Mr Philip Edwards

Interest Free Loan

4,419

(194)

26,420

21,807

4,419

(194)

26,420

21,807

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