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REGISTERED NUMBER: 12117796 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2023

for

PDAS Install Ltd

PDAS Install Ltd (Registered number: 12117796)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PDAS Install Ltd

Company Information
for the Year Ended 28 February 2023







DIRECTORS: P Warner
S Challacombe
Mrs T A Challacombe
Mrs J Warner





REGISTERED OFFICE: Bulding 4.6 HiTech
Frimley Business Park
Frimley
Camberley
Surrey
GU16 7SG





REGISTERED NUMBER: 12117796 (England and Wales)





ACCOUNTANTS: Branston Adams
Suite 2, Victoria House
South Street
Farnham
Surrey
GU9 7QU

PDAS Install Ltd (Registered number: 12117796)

Balance Sheet
28 February 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,828 40,123

CURRENT ASSETS
Stocks 22,608 10,389
Debtors 5 3,459,233 1,707,538
Cash at bank 364,031 95,483
3,845,872 1,813,410
CREDITORS
Amounts falling due within one year 6 3,244,249 1,479,946
NET CURRENT ASSETS 601,623 333,464
TOTAL ASSETS LESS CURRENT
LIABILITIES

640,451

373,587

PROVISIONS FOR LIABILITIES 7,377 7,623
NET ASSETS 633,074 365,964

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 633,072 365,962
SHAREHOLDERS' FUNDS 633,074 365,964

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 September 2023 and were signed on its behalf by:





P Warner - Director


PDAS Install Ltd (Registered number: 12117796)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

PDAS Install Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

During this period the company expenditure exceeded the income. The directors have confirmed they are in agreement to continue supporting the company over the next 12 months, as such the company continues to be a going concern.

Turnover
Turnover is derived from the ordinary activities of the business and is stated net of value added tax and discounts.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 25% on cost
Computer equipment - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2022 - 15 ) .

PDAS Install Ltd (Registered number: 12117796)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2022 25,076 30,673 - 100 55,849
Additions - - 16,000 - 16,000
At 28 February 2023 25,076 30,673 16,000 100 71,849
DEPRECIATION
At 1 March 2022 8,000 7,701 - 25 15,726
Charge for year 6,269 7,668 3,333 25 17,295
At 28 February 2023 14,269 15,369 3,333 50 33,021
NET BOOK VALUE
At 28 February 2023 10,807 15,304 12,667 50 38,828
At 28 February 2022 17,076 22,972 - 75 40,123

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 1,953,781 1,128,026
Other debtors 1,505,452 579,512
3,459,233 1,707,538

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade creditors 1,607,325 1,352,189
Taxation and social security 130,511 71,831
Other creditors 1,506,413 55,926
3,244,249 1,479,946

7. ULTIMATE CONTROLLING PARTY

Throughout the year the company was under the control of PDAS Holdings Limited.