Company Registration No. 05594341 (England and Wales)
PC Supplies Limited
Unaudited accounts
for the year ended 31 October 2021
PC Supplies Limited
Unaudited accounts
Contents
PC Supplies Limited
Company Information
for the year ended 31 October 2021
Directors
Mark Ralph
Janette Ralph
Company Number
05594341 (England and Wales)
Registered Office
Unit 3b Park Road Industrial Estate
BARROW-IN-FURNESS
CUMBRIA
LA14 4EQ
Accountants
Smeaton & Holmes Ltd
70 Market Street
Dalton-in-Furness
Cumbria
LA15 8AA
PC Supplies Limited
Statement of financial position
as at 31 October 2021
Tangible assets
13,525
5,208
Cash at bank and in hand
34,914
46,310
Creditors: amounts falling due within one year
(41,777)
(42,151)
Net current assets
31,291
38,603
Called up share capital
1,000
1,000
Profit and loss account
43,816
42,811
Shareholders' funds
44,816
43,811
For the year ending 31 October 2021 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 directors acknowledge their 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 of Directors and authorised for issue on 23 June 2022 and were signed on its behalf by
Mark Ralph
Director
Company Registration No. 05594341
PC Supplies Limited
Notes to the Accounts
for the year ended 31 October 2021
PC Supplies Limited is a private company, limited by shares, registered in England and Wales, registration number 05594341. The registered office is Unit 3b Park Road Industrial Estate, BARROW-IN-FURNESS, CUMBRIA, LA14 4EQ.
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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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
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Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 November 2020
45,571
-
45,571
At 31 October 2021
45,571
9,922
55,493
At 1 November 2020
40,363
-
40,363
Charge for the year
1,302
303
1,605
At 31 October 2021
41,665
303
41,968
At 31 October 2021
3,906
9,619
13,525
At 31 October 2020
5,208
-
5,208
5
Debtors: amounts falling due within one year
2021
2020
Trade debtors
25,654
21,944
PC Supplies Limited
Notes to the Accounts
for the year ended 31 October 2021
6
Creditors: amounts falling due within one year
2021
2020
Trade creditors
25,212
28,582
Taxes and social security
5,655
6,934
Loans from directors
4,794
6,635
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Average number of employees
During the year the average number of employees was 0 (2020: 0).