2021-03-012022-02-282022-02-28false06130393PROCESS & SERVICE IMPROVEMENT LIMITED2022-08-1162020iso4217:GBPxbrli:pure061303932021-03-01061303932022-02-28061303932021-03-012022-02-28061303932020-03-01061303932021-02-28061303932020-03-012021-02-2806130393bus:SmallEntities2021-03-012022-02-2806130393bus:AuditExempt-NoAccountantsReport2021-03-012022-02-2806130393bus:AbridgedAccounts2021-03-012022-02-2806130393bus:PrivateLimitedCompanyLtd2021-03-012022-02-2806130393core:WithinOneYear2022-02-2806130393core:AfterOneYear2022-02-2806130393core:WithinOneYear2021-02-2806130393core:AfterOneYear2021-02-2806130393core:ShareCapital2022-02-2806130393core:SharePremium2022-02-2806130393core:RevaluationReserve2022-02-2806130393core:OtherReservesSubtotal2022-02-2806130393core:RetainedEarningsAccumulatedLosses2022-02-2806130393core:ShareCapital2021-02-2806130393core:SharePremium2021-02-2806130393core:RevaluationReserve2021-02-2806130393core:OtherReservesSubtotal2021-02-2806130393core:RetainedEarningsAccumulatedLosses2021-02-2806130393core:LandBuildings2022-02-2806130393core:PlantMachinery2022-02-2806130393core:Vehicles2022-02-2806130393core:FurnitureFittings2022-02-2806130393core:OfficeEquipment2022-02-2806130393core:NetGoodwill2022-02-2806130393core:IntangibleAssetsOtherThanGoodwill2022-02-2806130393core:ListedExchangeTraded2022-02-2806130393core:UnlistedNon-exchangeTraded2022-02-2806130393core:LandBuildings2021-02-2806130393core:PlantMachinery2021-02-2806130393core:Vehicles2021-02-2806130393core:FurnitureFittings2021-02-2806130393core:OfficeEquipment2021-02-2806130393core:NetGoodwill2021-02-2806130393core:IntangibleAssetsOtherThanGoodwill2021-02-2806130393core:ListedExchangeTraded2021-02-2806130393core:UnlistedNon-exchangeTraded2021-02-2806130393core:LandBuildings2021-03-012022-02-2806130393core:PlantMachinery2021-03-012022-02-2806130393core:Vehicles2021-03-012022-02-2806130393core:FurnitureFittings2021-03-012022-02-2806130393core:OfficeEquipment2021-03-012022-02-2806130393core:NetGoodwill2021-03-012022-02-2806130393core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2806130393core:ListedExchangeTraded2021-03-012022-02-2806130393core:UnlistedNon-exchangeTraded2021-03-012022-02-2806130393core:MoreThanFiveYears2021-03-012022-02-2806130393core:Non-currentFinancialInstruments2022-02-2806130393core:Non-currentFinancialInstruments2021-02-2806130393dpl:CostSales2021-03-012022-02-2806130393dpl:DistributionCosts2021-03-012022-02-2806130393dpl:AdministrativeExpenses2021-03-012022-02-2806130393core:LandBuildings2021-03-012022-02-2806130393core:PlantMachinery2021-03-012022-02-2806130393core:Vehicles2021-03-012022-02-2806130393core:FurnitureFittings2021-03-012022-02-2806130393core:OfficeEquipment2021-03-012022-02-2806130393core:NetGoodwill2021-03-012022-02-2806130393core:IntangibleAssetsOtherThanGoodwill2021-03-012022-02-2806130393dpl:GroupUndertakings2021-03-012022-02-2806130393dpl:ParticipatingInterests2021-03-012022-02-2806130393dpl:GroupUndertakingscore:ListedExchangeTraded2021-03-012022-02-2806130393core:ListedExchangeTraded2021-03-012022-02-2806130393dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2021-03-012022-02-2806130393core:UnlistedNon-exchangeTraded2021-03-012022-02-2806130393dpl:CostSales2020-03-012021-02-2806130393dpl:DistributionCosts2020-03-012021-02-2806130393dpl:AdministrativeExpenses2020-03-012021-02-2806130393core:LandBuildings2020-03-012021-02-2806130393core:PlantMachinery2020-03-012021-02-2806130393core:Vehicles2020-03-012021-02-2806130393core:FurnitureFittings2020-03-012021-02-2806130393core:OfficeEquipment2020-03-012021-02-2806130393core:NetGoodwill2020-03-012021-02-2806130393core:IntangibleAssetsOtherThanGoodwill2020-03-012021-02-2806130393dpl:GroupUndertakings2020-03-012021-02-2806130393dpl:ParticipatingInterests2020-03-012021-02-2806130393dpl:GroupUndertakingscore:ListedExchangeTraded2020-03-012021-02-2806130393core:ListedExchangeTraded2020-03-012021-02-2806130393dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2020-03-012021-02-2806130393core:UnlistedNon-exchangeTraded2020-03-012021-02-2806130393core:NetGoodwill2022-02-2806130393core:IntangibleAssetsOtherThanGoodwill2022-02-2806130393core:LandBuildings2022-02-2806130393core:PlantMachinery2022-02-2806130393core:Vehicles2022-02-2806130393core:FurnitureFittings2022-02-2806130393core:OfficeEquipment2022-02-2806130393core:AfterOneYear2022-02-2806130393core:WithinOneYear2022-02-2806130393core:ListedExchangeTraded2022-02-2806130393core:UnlistedNon-exchangeTraded2022-02-2806130393core:ShareCapital2022-02-2806130393core:SharePremium2022-02-2806130393core:RevaluationReserve2022-02-2806130393core:OtherReservesSubtotal2022-02-2806130393core:RetainedEarningsAccumulatedLosses2022-02-2806130393core:NetGoodwill2021-02-2806130393core:IntangibleAssetsOtherThanGoodwill2021-02-2806130393core:LandBuildings2021-02-2806130393core:PlantMachinery2021-02-2806130393core:Vehicles2021-02-2806130393core:FurnitureFittings2021-02-2806130393core:OfficeEquipment2021-02-2806130393core:AfterOneYear2021-02-2806130393core:WithinOneYear2021-02-2806130393core:ListedExchangeTraded2021-02-2806130393core:UnlistedNon-exchangeTraded2021-02-2806130393core:ShareCapital2021-02-2806130393core:SharePremium2021-02-2806130393core:RevaluationReserve2021-02-2806130393core:OtherReservesSubtotal2021-02-2806130393core:RetainedEarningsAccumulatedLosses2021-02-2806130393core:NetGoodwill2020-03-0106130393core:IntangibleAssetsOtherThanGoodwill2020-03-0106130393core:LandBuildings2020-03-0106130393core:PlantMachinery2020-03-0106130393core:Vehicles2020-03-0106130393core:FurnitureFittings2020-03-0106130393core:OfficeEquipment2020-03-0106130393core:AfterOneYear2020-03-0106130393core:WithinOneYear2020-03-0106130393core:ListedExchangeTraded2020-03-0106130393core:UnlistedNon-exchangeTraded2020-03-0106130393core:ShareCapital2020-03-0106130393core:SharePremium2020-03-0106130393core:RevaluationReserve2020-03-0106130393core:OtherReservesSubtotal2020-03-0106130393core:RetainedEarningsAccumulatedLosses2020-03-0106130393core:AfterOneYear2021-03-012022-02-2806130393core:WithinOneYear2021-03-012022-02-2806130393core:Non-currentFinancialInstrumentscore:CostValuation2021-03-012022-02-2806130393core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-03-012022-02-2806130393core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-03-012022-02-2806130393core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-03-012022-02-2806130393core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-03-012022-02-2806130393core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-03-012022-02-2806130393core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-03-012022-02-2806130393core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-03-012022-02-2806130393core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-03-012022-02-2806130393core:Non-currentFinancialInstrumentscore:CostValuation2022-02-2806130393core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-02-2806130393core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-02-2806130393core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-02-2806130393core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-02-2806130393core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-02-2806130393core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-02-2806130393core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-02-2806130393core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-02-2806130393core:Non-currentFinancialInstrumentscore:CostValuation2021-02-2806130393core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2021-02-2806130393core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2021-02-2806130393core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2021-02-2806130393core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2021-02-2806130393core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2021-02-2806130393core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2021-02-2806130393core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2021-02-2806130393core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2021-02-2806130393bus:Director12021-03-012022-02-28

PROCESS & SERVICE IMPROVEMENT LIMITED

Registered Number
06130393
(England and Wales)

Unaudited Financial Statements for the Year ended
28 February 2022

PROCESS & SERVICE IMPROVEMENT LIMITED
Company Information
for the year from 1 March 2021 to 28 February 2022

Directors

SMITH, Peter James

Registered Address

87 Liddell Gardens
London
NW10 3QB

Registered Number

06130393 (England and Wales)
PROCESS & SERVICE IMPROVEMENT LIMITED
Balance Sheet as at
28 February 2022

Notes

2022

2021

£

£

£

£

Fixed assets
Tangible assets51,3401,952
1,3401,952
Current assets
Debtors111,111
Cash at bank and on hand34,65946,536
34,66057,647
Creditors amounts falling due within one year(15,098)(24,395)
Net current assets (liabilities)19,56233,252
Total assets less current liabilities20,90235,204
Net assets20,90235,204
Capital and reserves
Called up share capital11
Profit and loss account20,90135,203
Shareholders' funds20,90235,204
The financial statements were approved and authorised for issue by the Director on 11 August 2022, and are signed on its behalf by:
SMITH, Peter James
Director
Registered Company No. 06130393
PROCESS & SERVICE IMPROVEMENT LIMITED
Notes to the Financial Statements
for the year ended 28 February 2022

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

20222021
Average number of employees during the year22
5.Property, plant and equipment

Total

£
Cost or valuation
At 01 March 215,640
At 28 February 225,640
Depreciation and impairment
At 01 March 213,688
Charge for year612
At 28 February 224,299
Net book value
At 28 February 221,340
At 28 February 211,952