Company Registration No. 04659875 (England and Wales)
P G LOFTS LTD
Unaudited accounts
for the year ended 31 March 2020
P G LOFTS LTD
Unaudited accounts
Contents
P G LOFTS LTD
Company Information
for the year ended 31 March 2020
Company Number
04659875 (England and Wales)
Registered Office
70 WOOD STREET
LONDON
E17 3HT
Accountants
NRM Accountancy Services Ltd
70 Wood Street
Walthamstow
London
E17 3HT
P G LOFTS LTD
Statement of financial position
as at 31 March 2020
Cash at bank and in hand
226
515
Creditors: amounts falling due within one year
(3,215)
(2,919)
Net current liabilities
(2,989)
(2,154)
Net liabilities
(2,981)
(2,144)
Called up share capital
100
100
Profit and loss account
(3,081)
(2,244)
Shareholders' funds
(2,981)
(2,144)
For the year ending 31 March 2020 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 9 January 2021 and were signed on its behalf by
Paul Gregory
Director
Company Registration No. 04659875
P G LOFTS LTD
Notes to the Accounts
for the year ended 31 March 2020
P G LOFTS LTD is a private company, limited by shares, registered in England and Wales, registration number 04659875. The registered office is 70 WOOD STREET, LONDON, E17 3HT.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
18% reducing balance basis
4
Tangible fixed assets
Plant & machinery
P G LOFTS LTD
Notes to the Accounts
for the year ended 31 March 2020
6
Creditors: amounts falling due within one year
2020
2019
Taxes and social security
410
497
Loans from directors
2,325
1,942
7
Average number of employees
During the year the average number of employees was 0 (2019: 0).
