P R ENGINEERING LIMITED

P R ENGINEERING LIMITED

P R ENGINEERING LIMITED - Company Information

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P R ENGINEERING LIMITED

Company Registration Number:
02994916 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

P R ENGINEERING LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

P R ENGINEERING LIMITED

Balance sheet

As at 31 March 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 138,070 138,819
Total fixed assets: 138,070 138,819
Current assets
Stocks: 233,521 286,502
Debtors:   41,071 73,670
Cash at bank and in hand: 56,176 68,389
Total current assets: 330,768 428,561
Creditors: amounts falling due within one year:   (167,317) (227,625)
Net current assets (liabilities): 163,451 200,936
Total assets less current liabilities: 301,521 339,755
Creditors: amounts falling due after more than one year:   (16,664) (26,591)
Total net assets (liabilities): 284,857 313,164
Capital and reserves
Called up share capital: 70 70
Other reserves: 30 30
Profit and loss account: 284,757 313,064
Shareholders funds: 284,857 313,164

The notes form part of these financial statements

P R ENGINEERING LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 22 November 2023
and signed on behalf of the board by:

Name: I P Roberts
Status: Director

The notes form part of these financial statements

P R ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

P R ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 5 5

P R ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 209,869
Additions 4,388
At 31 March 2023 214,257
Depreciation
At 01 April 2022 71,050
Charge for year 5,137
At 31 March 2023 76,187
Net book value
At 31 March 2023 138,070
At 31 March 2022 138,819

P R ENGINEERING LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Financial commitments

At 31 March 2023 the company has total minimum payment commitments under non-cancellable operating leases expiring within two to five years of £32,067 (2022 - £8,110 expiring within one year)