P. T. Products Contractors Limited Filleted accounts for Companies House (small and micro)
P. T. Products Contractors Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
08350376
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
£ |
£ |
Fixed Assets
Tangible assets |
5 |
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Current Assets
Stocks |
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Debtors |
6 |
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Cash at bank and in hand |
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---------- |
---------- |
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Creditors: amounts falling due within one year |
7 |
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---------- |
---------- |
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Net Current Assets |
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------------- |
------------- |
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Total Assets Less Current Liabilities |
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Provisions
Taxation including deferred tax |
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------------- |
------------- |
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Net Assets |
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------------- |
------------- |
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Capital and Reserves
Called up share capital |
9 |
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Profit and loss account |
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------------- |
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Shareholders Funds |
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In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
Directors' responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
15 August 2023
, and are signed on behalf of the board by:
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Director |
Company registration number:
08350376
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Notes to the Financial Statements |
Year ended 31st January 2023
1.
General Information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit C2, Halesfield 23, Telford, Shropshire, TF7 4NY.
2.
Statement of Compliance
3.
Accounting Policies
Basis of Preparation
Judgements and Key Sources of Estimation Uncertainty
Revenue Recognition
Income Tax
Tangible Assets
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Plant & Machinery |
- |
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Motor Vehicles |
- |
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Equipment |
- |
33% straight line |
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Impairment of Fixed Assets
Stocks
Provisions
Financial Instruments
4.
Employee Numbers
The average number of persons employed by the company during the year amounted to
3
(2022:
5
).
5.
Tangible Assets
Land and buildings |
Plant and machinery |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1st February 2022 |
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6,376 |
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Additions |
– |
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1,256 |
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Disposals |
– |
(
|
(
|
(
100) |
(
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---------- |
--------- |
---------- |
------- |
---------- |
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At 31st January 2023 |
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|
7,532 |
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---------- |
--------- |
---------- |
------- |
---------- |
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Depreciation |
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At 1st February 2022 |
– |
|
|
4,099 |
|
Charge for the year |
– |
|
|
561 |
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Disposals |
– |
(
|
(
|
(
100) |
(
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---------- |
--------- |
---------- |
------- |
---------- |
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At 31st January 2023 |
– |
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4,560 |
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---------- |
--------- |
---------- |
------- |
---------- |
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Carrying amount |
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At 31st January 2023 |
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2,972 |
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---------- |
--------- |
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------- |
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At 31st January 2022 |
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2,277 |
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--------- |
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------- |
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6.
Debtors
2023 |
2022 |
|
£ |
£ |
|
Trade debtors |
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Other debtors |
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---------- |
---------- |
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---------- |
---------- |
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7.
Creditors:
amounts falling due within one year
2023 |
2022 |
|
£ |
£ |
|
Trade creditors |
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Corporation tax |
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Other creditors |
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--------- |
--------- |
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--------- |
--------- |
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8.
Deferred Tax
The deferred tax included in the statement of financial position is as follows:
2023 |
2022 |
|
£ |
£ |
|
Included in provisions |
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--------- |
--------- |
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The deferred tax account consists of the tax effect of timing differences in respect of:
2023 |
2022 |
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£ |
£ |
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Accelerated capital allowances |
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--------- |
--------- |
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9.
Called Up Share Capital
Issued, called up and fully paid
2023 |
2022 |
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No. |
£ |
No. |
£ |
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|
100 |
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100 |
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---- |
---- |
---- |
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10.
Directors' Advances, Credits and Guarantees
During the year the directors entered into the following advances and credits with the company:
2023 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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– |
(
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------- |
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2022 |
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Balance brought forward |
Advances/ (credits) to the directors |
Amounts repaid |
Balance outstanding |
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£ |
£ |
£ |
£ |
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(
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(
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------- |
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