Company Registration No. 07217149 (England and Wales)
PBA Electrical and Security Contractors Limited
Unaudited accounts
for the year ended 30 April 2022
PBA Electrical and Security Contractors Limited
Unaudited accounts
Contents
PBA Electrical and Security Contractors Limited
Company Information
for the year ended 30 April 2022
Directors
Paul Adams
Karen Adams
Company Number
07217149 (England and Wales)
Registered Office
167-169 Great Portland Street
5th Floor
London
W1W 5PF
Accountants
For and on Behalf of Tee Accounts Limited
t/a On The Spot
Rosehill House
Polgooth
PL26 7BA
PBA Electrical and Security Contractors Limited
Statement of financial position
as at 30 April 2022
Tangible assets
28,263
37,684
Cash at bank and in hand
39,653
33,131
Creditors: amounts falling due within one year
(78,235)
(71,785)
Net current assets
14,885
17,735
Total assets less current liabilities
43,148
55,419
Creditors: amounts falling due after more than one year
(43,137)
(55,408)
Called up share capital
10
10
Profit and loss account
1
1
For the year ending 30 April 2022 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 10 January 2023 and were signed on its behalf by
Paul Adams
Director
Company Registration No. 07217149
PBA Electrical and Security Contractors Limited
Notes to the Accounts
for the year ended 30 April 2022
PBA Electrical and Security Contractors Limited is a private company, limited by shares, registered in England and Wales, registration number 07217149. The registered office is 167-169 Great Portland Street, 5th Floor, London, W1W 5PF.
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.
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
25% reducing balance, per annum
Motor vehicles
25% reducing balance, per annum
Computer equipment
33.33% straight line, per annum
Stock has been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
A "first in first out' basis is used.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2021
855
53,984
3,783
58,622
At 30 April 2022
855
53,984
3,783
58,622
At 1 May 2021
719
17,877
2,342
20,938
Charge for the year
34
9,027
360
9,421
At 30 April 2022
753
26,904
2,702
30,359
At 30 April 2022
102
27,080
1,081
28,263
At 30 April 2021
136
36,107
1,441
37,684
PBA Electrical and Security Contractors Limited
Notes to the Accounts
for the year ended 30 April 2022
Amounts falling due within one year
Trade debtors
18,212
25,393
Accrued income and prepayments
-
2,238
Other debtors
20,519
14,022
6
Creditors: amounts falling due within one year
2022
2021
Bank loans and overdrafts
10,000
3,333
Trade creditors
12,010
18,814
Taxes and social security
23,054
27,399
Other creditors
2,246
1,041
7
Creditors: amounts falling due after more than one year
2022
2021
Obligations under finance leases and hire purchase contracts
6,471
8,741
8
Average number of employees
During the year the average number of employees was 1 (2021: 1).
