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Company Registration No. 9510739 (England and Wales)
PE Services 4 x 4 Limited Unaudited accounts for the year ended 30 April 2023
PE Services 4 x 4 Limited Unaudited accounts Contents
Page
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PE Services 4 x 4 Limited Company Information for the year ended 30 April 2023
Directors
Mr Lee Potter Mrs Clare Potter
Company Number
9510739 (England and Wales)
Registered Office
Unit 1-2 Egbeers Yard Greenhill Way Newton Abbot Devon TQ12 3SB
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons) South Devon Accounting Ltd 6 Orchard Close Ogwell Newton Abbot TQ12 6AL
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PE Services 4 x 4 Limited Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
30,387 
8,988 
Current assets
Inventories
22,595 
3,000 
Debtors
24,759 
4,685 
Cash at bank and in hand
8,124 
38,536 
55,478 
46,221 
Creditors: amounts falling due within one year
(56,409)
(50,382)
Net current liabilities
(931)
(4,161)
Total assets less current liabilities
29,456 
4,827 
Creditors: amounts falling due after more than one year
(20,268)
- 
Net assets
9,188 
4,827 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
9,088 
4,727 
Shareholders' funds
9,188 
4,827 
For the year ending 30 April 2023 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 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 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 of Directors and authorised for issue on 9 October 2023 and were signed on its behalf by
Mrs Clare Potter Director Company Registration No. 9510739
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PE Services 4 x 4 Limited Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
PE Services 4 x 4 Limited is a private company, limited by shares, registered in England and Wales, registration number 9510739. The registered office is Unit 1-2 Egbeers Yard, Greenhill Way, Newton Abbot, Devon, TQ12 3SB.
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
25% Straight Line
Motor vehicles
25% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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PE Services 4 x 4 Limited Notes to the Accounts for the year ended 30 April 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2022
20,000 
At 30 April 2023
20,000 
Amortisation
At 1 May 2022
20,000 
At 30 April 2023
20,000 
Net book value
At 30 April 2023
- 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2022
2,950 
21,311 
27,233 
51,494 
Additions
1,744 
35,699 
1,240 
38,683 
Disposals
- 
(12,800)
- 
(12,800)
At 30 April 2023
4,694 
44,210 
28,473 
77,377 
Depreciation
At 1 May 2022
1,476 
14,280 
26,750 
42,506 
Charge for the year
1,173 
9,240 
471 
10,884 
On disposals
- 
(6,400)
- 
(6,400)
At 30 April 2023
2,649 
17,120 
27,221 
46,990 
Net book value
At 30 April 2023
2,045 
27,090 
1,252 
30,387 
At 30 April 2022
1,474 
7,031 
483 
8,988 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,834 
4,685 
Other debtors
12,925 
- 
24,759 
4,685 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
7,772 
6,996 
Trade creditors
12,760 
12,537 
Taxes and social security
11,415 
5,096 
Loans from directors
3,662 
4,953 
Accruals
20,800 
20,800 
56,409 
50,382 
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PE Services 4 x 4 Limited Notes to the Accounts for the year ended 30 April 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Obligations under finance leases and hire purchase contracts
20,268 
- 
9
Average number of employees
During the year the average number of employees was 6 (2022: 6).
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