Company Registration No. 07477224 (England and Wales)
PDS SERVICE LTD
Unaudited accounts
for the year ended 30 November 2017
PDS SERVICE LTD
Unaudited accounts
Contents
PDS SERVICE LTD
Company Information
for the year ended 30 November 2017
Company Number
07477224 (England and Wales)
Registered Office
MITRE HOUSE
2 BOND STREET
IPSWICH
SUFFOLK
IP4 1JE
ENGLAND
PDS SERVICE LTD
Statement of financial position
as at 30 November 2017
Tangible assets
84,844
10,974
Cash at bank and in hand
-
5,836
Creditors: amounts falling due within one year
(7,671)
(1,534)
Net current (liabilities)/assets
(1,019)
10,399
Total assets less current liabilities
83,825
21,373
Creditors: amounts falling due after more than one year
(92,599)
(20,700)
Net (liabilities)/assets
(8,774)
673
Called up share capital
100
100
Profit and loss account
(8,874)
573
Shareholders' funds
(8,774)
673
For the year ending 30 November 2017 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 director acknowledges his 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.
Approved by the Board on 16 August 2018.
Genadijs Sklars
Director
Company Registration No. 07477224
PDS SERVICE LTD
Notes to the Accounts
for the year ended 30 November 2017
PDS SERVICE LTD is a private company, limited by shares, registered in England and Wales, registration number 07477224. The registered office is MITRE HOUSE, 2 BOND STREET, IPSWICH, SUFFOLK, IP4 1JE, ENGLAND.
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.
These financial statements for the year ended 30 November 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 December 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
25% Written Down Value
Computer equipment
33.33% Straight Line Basis
PDS SERVICE LTD
Notes to the Accounts
for the year ended 30 November 2017
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2016
25,000
650
5,092
30,742
Additions
102,579
-
-
102,579
At 30 November 2017
127,579
650
5,092
133,321
At 1 December 2016
14,454
650
4,664
19,768
Charge for the year
28,281
-
428
28,709
At 30 November 2017
42,735
650
5,092
48,477
At 30 November 2017
84,844
-
-
84,844
At 30 November 2016
10,546
-
428
10,974
6
Creditors: amounts falling due within one year
2017
2016
Bank loans and overdrafts
6,267
-
Taxes and social security
42
-
7
Creditors: amounts falling due after more than one year
2017
2016
Other creditors
92,599
20,700
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 0 (2016: 0).
