Positive Protection Solutions Limited Filleted accounts for Companies House (small and micro)
Positive Protection Solutions Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
05573611
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Statement of Financial Position |
2023 |
2022 |
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Note |
£ |
£ |
Fixed assets
Tangible assets |
6 |
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Current assets
Debtors |
7 |
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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 |
8 |
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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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--------- |
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Net assets |
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--------- |
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Capital and reserves
Called up share capital |
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Profit and loss account |
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--------- |
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Members' funds |
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Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
27 March 2024
, and are signed on behalf of the board by:
|
Director |
Company registration number:
05573611
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Notes to the Financial Statements |
Year ended 31 March 2023
1.
Statutory information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Deansfield House, 98 Lancaster Road, Newcastle under Lyme, Staffordshire, ST5 1DS.
2.
Statement of compliance
3.
Accounting policies
(a)
Basis of preparation
(b)
Revenue recognition
(c)
Taxation
(d)
Tangible assets
(e)
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:
Fixtures, fittings and equipment |
- |
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Motor vehicles |
- |
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(f)
Impairment of fixed assets
(g)
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset.
(h)
Financial instruments
(i)
Defined contribution pension plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
24
(2022:
26
).
5.
Directors' remuneration
The directors' aggregate remuneration in respect of qualifying services was:
2023 |
2022 |
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£ |
£ |
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Remuneration |
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-------- |
-------- |
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6.
Tangible assets
Fixtures, fittings and equipment |
Motor vehicles |
Total |
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£ |
£ |
£ |
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Cost |
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At 1 April 2022 |
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Additions |
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Disposals |
(
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(
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(
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------- |
--------- |
--------- |
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At 31 March 2023 |
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------- |
--------- |
--------- |
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Depreciation |
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At 1 April 2022 |
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Charge for the year |
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Disposals |
(
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(
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(
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------- |
--------- |
--------- |
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At 31 March 2023 |
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------- |
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Carrying amount |
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At 31 March 2023 |
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------- |
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At 31 March 2022 |
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7.
Debtors
2023 |
2022 |
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£ |
£ |
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Trade debtors |
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Amounts owed by company under common control |
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Other debtors |
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--------- |
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--------- |
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8.
Creditors:
amounts falling due within one year
2023 |
2022 |
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£ |
£ |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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--------- |
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9.
Pension commitments
At the year end, the company had a liability of £435 (2022: £1,522) in relation to its defined contribution pension plan.
10.
Related party transactions