1 December 2020 false No description of principal activity Taxfiler 2022.8.3 11046420business:PrivateLimitedCompanyLtd2020-12-012021-11-30 110464202020-11-30 110464202020-12-012021-11-30 11046420business:AuditExempt-NoAccountantsReport2020-12-012021-11-30 11046420business:FullAccounts2020-12-012021-11-30 110464202021-11-30 11046420business:Director12020-12-012021-11-30 11046420business:RegisteredOffice2020-12-012021-11-30 110464202020-11-30 11046420core:WithinOneYear2021-11-30 11046420core:WithinOneYear2020-11-30 11046420core:ShareCapital2021-11-30 11046420core:ShareCapital2020-11-30 11046420core:RetainedEarningsAccumulatedLosses2021-11-30 11046420core:RetainedEarningsAccumulatedLosses2020-11-30 11046420business:SmallEntities2020-12-012021-11-30 11046420countries:EnglandWales2020-12-012021-11-30 11046420core:PlantMachinery2020-12-012021-11-30 11046420core:PlantMachinery2020-11-30 11046420core:PlantMachinery2021-11-30 11046420core:AfterOneYear2021-11-30 11046420core:AfterOneYear2020-11-30 110464202019-12-012020-11-30 iso4217:GBP xbrli:pure
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
Page
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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
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Physual Solutions Ltd Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
548 
822 
Current assets
Debtors
165 
- 
Cash at bank and in hand
78 
2,268 
243 
2,268 
Creditors: amounts falling due within one year
(658)
(2,276)
Net current liabilities
(415)
(8)
Net assets
133 
814 
Capital and reserves
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
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Physual Solutions Ltd Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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 
£ 
Cost or valuation
At cost 
At 1 December 2020
1,370 
At 30 November 2021
1,370 
Depreciation
At 1 December 2020
548 
Charge for the year
274 
At 30 November 2021
822 
Net book value
At 30 November 2021
548 
At 30 November 2020
822 
5
Debtors: amounts falling due within one year
2021 
2020 
£ 
£ 
Debtors: amounts falling due after more than one year
Other debtors
165 
- 
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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 
Loans from directors
- 
42 
658 
2,276 
7
Average number of employees
During the year the average number of employees was 1 (2020: 1).
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