04690933falsethe sale of office furniture and equipment2021-04-012022-03-31http://www.companieshouse.gov.uk/2021-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2021-03-31http://www.companieshouse.gov.uk/cd:Director12021-04-012022-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2021-03-31http://www.companieshouse.gov.uk/pt:ShareCapital2022-03-31http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2022-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2021-03-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12021-04-012022-03-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-03-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2021-04-012022-03-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2021-04-012022-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-03-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2021-03-31http://www.companieshouse.gov.uk/2021-04-012022-03-31http://www.companieshouse.gov.uk/2021-03-31http://www.companieshouse.gov.uk/cd:FRS1022021-04-012022-03-31http://www.companieshouse.gov.uk/2022-03-31http://www.companieshouse.gov.uk/cd:FullAccounts2021-04-012022-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2021-03-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2021-04-012022-03-31http://www.companieshouse.gov.uk/pt:LandBuildings2022-03-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 04690933

P3i Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2022

Prepared By:
HMK Accountancy Ltd
161 Wroslyn Road
Freeland
Oxford
OX29 8AL

P3i Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2022
DIRECTORS
J Mills
SECRETARY
P Gotch
REGISTERED OFFICE
89 Brasenose Road
Didcot
Oxford
OX11 7BP
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 04690933
ACCOUNTANTS
HMK Accountancy Ltd
161 Wroslyn Road
Freeland
Oxford
OX29 8AL

P3i Limited

ACCOUNTS
FOR THEYEARENDED31/03/2022
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

P3i Limited

BALANCE SHEET AT 31/03/2022
20222021
Notes££
FIXED ASSETS
Tangible assets2300,4947,856
CURRENT ASSETS
Stock5,0009,506
Debtors4297,611330,562
Cash at bank and in hand455,929232,822
758,540572,890
CREDITORS: Amounts falling due within one year5290,928165,691
NET CURRENT ASSETS467,612407,199
TOTAL ASSETS LESS CURRENT LIABILITIES768,106415,055
PROVISIONS FOR LIABILITIES AND CHARGES71,3071,493
NET ASSETS766,799413,562
CAPITAL AND RESERVES
Called up share capital811
Profit and loss account766,798413,561
SHAREHOLDERS' FUNDS766,799413,562
For the year ending 31/03/2022 the company was entitled to exemption 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 07/06/2022 and signed on their behalf by
.............................
J Mills
Director

P3i Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2022
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Commercial Vehiclesstraight line 25%
Equipmentstraight line 33%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

P3i Limited

2. TANGIBLE FIXED ASSETS
Land AndCommercial
BuildingsVehiclesEquipmentTotal
££££
Cost
At 01/04/2021-10,77588311,658
Additions293,615-2,563296,178
At 31/03/2022293,61510,7753,446307,836
Depreciation
At 01/04/2021-2,9198833,802
For the year-2,6948463,540
At 31/03/2022-5,6131,7297,342
Net Book Amounts
At 31/03/2022293,6155,1621,717300,494
At 31/03/2021-7,856-7,856
3. STOCK 20222021
££
Stock comprises:
Stock5,0009,506
5,0009,506
4. DEBTORS 20222021
££
Amounts falling due within one year
Trade debtors297,61149,562
Other debtors-281,000
297,611330,562

P3i Limited

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20222021
££
UK corporation tax110,65644,455
VAT62,13060,199
PAYE control11,24314,147
Directors current account234
Trade creditors103,87645,286
Pension schemes850-
Accruals2,1501,600
290,928165,691
6. EMPLOYEES
20222021
No.No.
Average number of employees86
7. PROVISIONS FOR LIABILITIES 20222021
££
Deferred taxation1,3071,493
1,3071,493
8. SHARE CAPITAL 20222021
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
9. CONTROLLING PARTY
The director, J Mills, holds 100% of the issued share capital and is considered to be the controlling party.