PCL Digital Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 01074835 (England and Wales)

PCL DIGITAL LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2019

Page

Balance Sheet

1

to

2

FIXED ASSETS

52,232

61,519

CURRENT ASSETS

120,110

157,745

CREDITORS

Amounts falling due within one year

(208,135

)

(214,903

)

NET CURRENT LIABILITIES

(88,025

)

(57,158

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(35,793

)

4,361

CREDITORS

Amounts falling due after more than one year

26,883

40,068

NET LIABILITIES

(62,676

)

(35,707

)

CAPITAL AND RESERVES

(62,676

)

(35,707

)

NOTES TO THE FINANCIAL STATEMENTS

1.	STATUTORY INFORMATION

PCL Digital Limited is a private company, limited by shares , registered in England and Wales. The company's

registered number and registered office address are as below:

Registered number:

01074835

Registered office:

Units 5-6 Magreal Ind Estate

Freeth Street

Birmingham

West Midlands

B16 0QZ

The presentation currency of the financial statements is the Pound Sterling (£).

2.	AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 8 (2018 - 8 ) .

3.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31st December 2019 and

31st December 2018:

2019

2018

£

£

N Westley-Smith and Mrs J Westley-Smith

Balance outstanding at start of year

30,590

32,656

Amounts repaid

(31,468

)

(2,066

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(878

)

30,590

The director has a personal guarantee in place in respect of the asset held under hire purchase. The maximum

liability that may be incurred by the director is £22,888 (2018: £34,830). The guarantee will be released upon

payment of the hire purchase liability held within creditors.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2019 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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

The financial statements were approved by the Board of Directors and authorised for issue on 11th September 2020 and were signed on its behalf by:

N Westley-Smith - Director