Pestforce (UK) Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 06528213 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2021

for

Pestforce (UK) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S Taylor

REGISTERED OFFICE:

The Henley Building

Newton Road

Henley on Thames

RG9 1HG

REGISTERED NUMBER:

06528213 (England and Wales)

ACCOUNTANTS:

Cartwrights

Chartered Accountants and Business Advisors

Regency House

33 Wood Street

Barnet

Hertfordshire

EN5 4BE

FIXED ASSETS

Intangible assets

5

-

20,020

Tangible assets

6

76,936

48,489

76,936

68,509

CURRENT ASSETS

Debtors

7

181,128

216,704

Cash at bank

56,953

32,967

238,081

249,671

CREDITORS

Amounts falling due within one year

8

322,607

377,431

NET CURRENT LIABILITIES

(84,526

)

(127,760

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(7,590

)

(59,251

)

CAPITAL AND RESERVES

Called up share capital

2,002

2,002

Retained earnings

(9,592

)

(61,253

)

SHAREHOLDERS' FUNDS

(7,590

)

(59,251

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Comprehensive Income has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 December 2021 and were signed by:

S Taylor - Director

1.	STATUTORY INFORMATION

Pestforce (UK) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill is amortised over its useful economic life.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% Reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Going concern

COVID-19 is not expected to have a significant impact on the entity. The director has determined that there is no material uncertainty that casts doubt on the entity's ability to continue as a going concern. He expects that COVID-19 might have some impact, though not significant, for example, in relation to expected future performance, or the effects on some future asset valuations.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2020 - 10 ) .

5.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2020

and 31 March 2021

484,020

AMORTISATION

At 1 April 2020

464,000

Charge for year

20,020

At 31 March 2021

484,020

NET BOOK VALUE

At 31 March 2021

-

At 31 March 2020

20,020

6.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2020

99,216

Additions

40,943

At 31 March 2021

140,159

DEPRECIATION

At 1 April 2020

50,727

Charge for year

12,496

At 31 March 2021

63,223

NET BOOK VALUE

At 31 March 2021

76,936

At 31 March 2020

48,489

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/21

31/3/20

£

£

Trade debtors

93,628

134,440

Amounts owed by group undertakings

68,706

66,015

Other debtors

18,794

16,249

181,128

216,704

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/21

31/3/20

£

£

Trade creditors

103,615

78,936

Amounts owed to group undertakings

-

138,667

Taxation and social security

91,926

80,512

Other creditors

127,066

79,316

322,607

377,431

9.	IMMEDIATE CONTROLLING PARTY

The ultimate controlling party is S Taylor.