Company Registration No. 11046420 (England and Wales)
Physual Solutions Ltd
Unaudited accounts
for the year ended 30 November 2021
Physual Solutions Ltd
Unaudited accounts
Contents
Physual Solutions Ltd
Company Information
for the year ended 30 November 2021
Director
John Anthony Victor Silmon
Company Number
11046420 (England and Wales)
Registered Office
THE WORKSTATION BELLINGHAM HOUSE
2 HUNTINGDON STREET
ST. NEOTS
CAMBRIDGESHIRE
PE19 1BG
ENGLAND
Physual Solutions Ltd
Statement of financial position
as at 30 November 2021
Cash at bank and in hand
78
2,268
Creditors: amounts falling due within one year
(658)
(2,276)
Net current liabilities
(415)
(8)
Called up share capital
10
10
Profit and loss account
123
804
Shareholders' funds
133
814
For the year ending 30 November 2021 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.
The financial statements were approved by the Board and authorised for issue on 28 January 2022 and were signed on its behalf by
John Anthony Victor Silmon
Director
Company Registration No. 11046420
Physual Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2021
Physual Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 11046420. The registered office is THE WORKSTATION BELLINGHAM HOUSE, 2 HUNTINGDON STREET, ST. NEOTS, CAMBRIDGESHIRE, PE19 1BG, 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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on cost
4
Tangible fixed assets
Plant & machinery
5
Debtors: amounts falling due within one year
2021
2020
Debtors: amounts falling due after more than one year
Physual Solutions Ltd
Notes to the Accounts
for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Taxes and social security
658
2,234
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).