P&I BUILDERS LIMITED

P&I BUILDERS LIMITED
Statement of Financial Position
As at 31 May 2023

	2023		2022
	£	£	£	£
Fixed assets		27,825		0
Current assets	266,773		140,025
Creditors: amount falling due within one year	(289,093)		(90,885)
Net current liabilities		(22,320)		49,140
Total assets less current liabilities		5,505		49,140
Creditors: amount falling due after more than one year		(30,002)		(40,003)
Net liabilities		(24,497)		9,137


Capital and reserves		(24,497)		9,137

NOTES TO THE ACCOUNTS

General Information

P&I BUILDERS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08543960, registration address 75 Forest Road, Ilford, , Essex, England, , IG6 3HA.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 105 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

2.	Average number of employees Average number of employees during the year was 3 (2022 : 3).

For the year ended 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's Responsibilities:
The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.

The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These accounts have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts.

The financial statements were approved by the director on 02 October 2023 and were signed by:

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MAZREKU Pellumb
Director