PBH MECHANICAL LTD

PBH MECHANICAL LTD

PBH MECHANICAL LTD - Company Information

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PBH MECHANICAL LTD

Company Registration Number:
07207221 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2020

Period of accounts

Start date: 01 April 2019

End date: 31 March 2020

PBH MECHANICAL LTD

Contents of the Financial Statements

for the Period Ended 31 March 2020

Balance sheet
Notes

PBH MECHANICAL LTD

Balance sheet

As at 31 March 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 8,531 9,420
Total fixed assets: 8,531 9,420
Current assets
Stocks: 1,727 42,336
Debtors:   608,102 344,010
Cash at bank and in hand: 80,611 143,894
Total current assets: 690,440 530,240
Creditors: amounts falling due within one year:   (588,619) (450,032)
Net current assets (liabilities): 101,821 80,208
Total assets less current liabilities: 110,352 89,628
Total net assets (liabilities): 110,352 89,628
Capital and reserves
Called up share capital: 30 30
Profit and loss account: 110,322 89,598
Shareholders funds: 110,352 89,628

The notes form part of these financial statements

PBH MECHANICAL LTD

Balance sheet statements

For the year ending 31 March 2020 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 November 2020
and signed on behalf of the board by:

Name: Paul Kelly
Status: Director

The notes form part of these financial statements

PBH MECHANICAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Tangible fixed assets and depreciation policy

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 and machinery 25% reducing balanceFixtures and Fittings 25% reducing balanceComputer equipment 33.33% reducing balance

PBH MECHANICAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

2. Employees

2020 2019
Average number of employees during the period 3 3

PBH MECHANICAL LTD

Notes to the Financial Statements

for the Period Ended 31 March 2020

3. Tangible Assets

Total
Cost £
At 01 April 2019 13,815
Additions 2,456
At 31 March 2020 16,271
Depreciation
At 01 April 2019 4,395
Charge for year 3,345
At 31 March 2020 7,740
Net book value
At 31 March 2020 8,531
At 31 March 2019 9,420