2022-08-01 11540478 2023-07-31 11540478 2022-08-01 2023-07-31 11540478 uk-bus:RegisteredOffice 2022-08-01 2023-07-31 11540478 uk-bus:Director1 2022-08-01 2023-07-31 11540478 uk-bus:Director1 2023-07-31 11540478 uk-bus:CompanySecretary1 2022-08-01 2023-07-31 11540478 2022-07-31 11540478 2021-08-01 2022-07-31 11540478 uk-core:WithinOneYear 2022-07-31 11540478 uk-core:WithinOneYear 2023-07-31 11540478 uk-core:ShareCapital 2023-07-31 11540478 uk-core:ShareCapital 2022-07-31 11540478 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 11540478 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 11540478 uk-core:CommercialMotorVehicles 2022-07-31 11540478 uk-core:PlantMachinery 2022-07-31 11540478 uk-core:CommercialMotorVehicles 2022-08-01 2023-07-31 11540478 uk-core:PlantMachinery 2023-07-31 11540478 uk-core:CommercialMotorVehicles 2023-07-31 11540478 uk-core:PlantMachinery 2022-08-01 2023-07-31 11540478 uk-core:WithinOneYear 2023-07-31 11540478 uk-core:WithinOneYear 2022-07-31 iso4217:GBP xbrli:pure 11540478 uk-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 11540478 uk-bus:FRS102 2022-08-01 2023-07-31 11540478 uk-bus:FullAccounts 2022-08-01 2023-07-31 11540478 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31
A R Pallet Services Limited
Registered Number:11540478
For the year ended 31 July 2023
England and Wales
Report of the Director and Unaudited Financial Statements
2
For the year ended 31 July 2023
A R Pallet Services Limited
Contents Page
Company Information
1
2
Director's Report
3
Independent Accountants' Report
4
Income Statement
5
Statement of Financial Position
6
Statement of Changes in Equity
7 to 8
Notes to the Financial Statements
3
For the year ended 31 July 2023
A R Pallet Services Limited
Company Information
Terence Boreham
Director
Tracy Boreham
Company
Secretary
11540478
Registered Number
1,Manor Cottages
Registered Office
Eastwick
Harlow
Herts
CM20 2QY
A L C Pateman
Accountants
59, Kimpton Close
Hemel Hempstead
Herts
HP2 7PW
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4
For the year ended 31 July 2023
A R Pallet Services Limited
Director's Report
The director presents his report and financial statements for the year ended 31 July 2023.
Principal activities
The principal activity of the company continued to be that of sale of a range of wooden pallets.
Director
The director who served the company throughout the year was as follows:
Terence Boreham
Tracy Boreham Secretary
Signed on behalf of the board of directors
This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006.
Date:
13 September 2023
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5
For the year ended 31 July 2023
A R Pallet Services Limited
Independent Accountants' Report
As described on the Statement of Financial Position you are responsible for the preparation
of the financial statements for the year ended 31 July 2023 and you consider that the
company is exempt from an audit under the Companies Act 2006. In accordance with your
instructions, we have compiled these unaudited financial statements in order to assist you
to fulfil your statutory responsibilities, from the accounting records and information and
explanations supplied to us.
A L C Pateman
59, Kimpton Close
Hemel Hempstead
Herts
HP2 7PW
Date:
12 September 2023
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6
For the year ended 31 July 2023
A R Pallet Services Limited
Income Statement
2022
£
2023
£
Turnover
613,705
325,712
(228,806)
Cost of sales
(455,436)
96,906
Gross profit
158,269
Administrative expenses
(64,383)
(57,312)
Operating profit
93,886
39,594
93,886
39,594
Profit before taxation
(7,346)
(6,083)
Taxation
86,540
Profit for the financial year
33,511
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7
Registered Number :
11540478
As at 31 July 2023
A R Pallet Services Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
72,841
20,343
2
72,841
20,343
Current assets
Inventories
6,542
2,776
3
Trade and other receivables
1,995
1,050
4
37,808
Cash and cash equivalents
26,111
29,937
46,345
Trade and other payables: amounts falling due
within one year
(63,967)
(63,517)
5
(17,622)
(33,580)
Net current liabilities
Total assets less current liabilities
39,261
2,721
39,261
Net assets
2,721
Capital and reserves
Called up share capital
100
100
Retained earnings
39,161
2,621
39,261
2,721
Shareholders' funds
For the year ended 31 July 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 of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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 in accordance with the provisions applicable to companies subject to the small companies regime.
Terence Boreham
These financial statements were approved and authorised for issue by the Board on 13 September 2023 and were signed by:
The notes form part of these financial statements
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8
For the year ended 31 July 2023
A R Pallet Services Limited
Statement of Changes in Equity
Share
Capital
Retained
earnings
Total
£
£
£
Balance at 01 August 2021
100
19,110
19,210
33,511
33,511
Profit/Loss for the year
Dividends
(50,000)
(50,000)
Balance at 31 July 2022 and 01 August 2022
2,721
2,621
100
86,540
86,540
Profit/Loss for the year
Dividends
(50,000)
(50,000)
Balance at 31 July 2023
100
39,161
39,261
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9
For the year ended 31 July 2023
A R Pallet Services Limited
Notes to the Financial Statements
Statutory Information
A R Pallet Services Limited is a private limited company, limited by shares, domiciled in
England and Wales, registration number 11540478.
Registered address:
1,Manor Cottages
Eastwick
Harlow
Herts
CM20 2QY
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
2. Property, plant and equipment
Total
Motor
Vehicles
Plant and
Machinery
£
£
£
Cost or
valuation
At 01 August 2022
37,807
-
37,807
71,071
33,600
37,471
Additions
At 31 July 2023
75,278
33,600
108,878
Provision for depreciation and impair
ment
At 01 August 2022
17,464
-
17,464
Charge for year
18,573
6,410
12,163
At 31 July 2023
36,037
6,410
29,627
At 31 July 2023
Net book value
45,651
27,190
72,841
At 31 July 2022
20,343
-
20,343
3. Inventories
2022
2023
£
£
Stocks
2,776
6,542
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10
For the year ended 31 July 2023
A R Pallet Services Limited
Notes to the Financial Statements Continued
4. Trade and other receivables
2022
2023
£
£
Trade debtors
1,050
1,995
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft
-
17,547
Taxation and social security
16,074
22,529
Other creditors
47,443
23,891
63,517
63,967
6. Average number of persons employed
During the year the average number of employees was 0 (2022 : 2)
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