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Company Registration No. 12122872 (England and Wales)
Product Recycling Solutions Ltd Unaudited accounts for the year ended 30 April 2023
Product Recycling Solutions Ltd Unaudited accounts Contents
Page
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Product Recycling Solutions Ltd Company Information for the year ended 30 April 2023
Director
Martyn Price
Company Number
12122872 (England and Wales)
Registered Office
64 Hall Gate Doncaster South Yorkshire DN1 3PB United Kingdom
Accountants
Bernard Lister & Co Accountants Ltd 64 Hall Gate Doncaster DN1 3PB
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Product Recycling Solutions Ltd Statement of financial position as at 30 April 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
374 
562 
Current assets
Cash at bank and in hand
21,578 
6,452 
Creditors: amounts falling due within one year
(11,574)
(3,779)
Net current assets
10,004 
2,673 
Net assets
10,378 
3,235 
Capital and reserves
Called up share capital
300 
300 
Profit and loss account
10,078 
2,935 
Shareholders' funds
10,378 
3,235 
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 director acknowledges his 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 and authorised for issue on 10 August 2023 and were signed on its behalf by
Martyn Price Director Company Registration No. 12122872
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Product Recycling Solutions Ltd Notes to the Accounts for the year ended 30 April 2023
1
Statutory information
Product Recycling Solutions Ltd is a private company, limited by shares, registered in England and Wales, registration number 12122872. The registered office is 64 Hall Gate, Doncaster, South Yorkshire, DN1 3PB, United Kingdom.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2022
750 
At 30 April 2023
750 
Amortisation
At 1 May 2022
188 
Charge for the year
188 
At 30 April 2023
376 
Net book value
At 30 April 2023
374 
At 30 April 2022
562 
5
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
2,924 
1,480 
Other creditors
8,650 
- 
Loans from directors
- 
2,299 
11,574 
3,779 
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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