Registered number
04612125
P & S Carpets & Vinyls Ltd
Filleted Accounts
30 January 2023
P & S Carpets & Vinyls Ltd
Registered number: 04612125
Balance Sheet
as at 30 January 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 82,500 84,700
Current assets
Cash at bank and in hand 50,037 50,353
Creditors: amounts falling due within one year 4 (69,994) (72,029)
Net current liabilities (19,957) (21,676)
Net assets 62,543 63,024
Capital and reserves
Called up share capital 2 2
Profit and loss account 62,541 63,022
Shareholder's funds 62,543 63,024
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Mr S P Endsor
Director
Approved by the board on 13 October 2023
P & S Carpets & Vinyls Ltd
Notes to the Accounts
for the year ended 30 January 2023
1 Accounting policies
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company 1 1
3 Tangible fixed assets
Land and buildings
£
Cost
At 31 January 2022 110,000
At 30 January 2023 110,000
Depreciation
At 31 January 2022 25,300
Charge for the year 2,200
At 30 January 2023 27,500
Net book value
At 30 January 2023 82,500
At 30 January 2022 84,700
4 Creditors: amounts falling due within one year 2023 2022
£ £
Bank loans and overdrafts 50,000 50,000
Taxation and social security costs 2,768 2,203
Directors account 16,967 19,567
Other creditors 259 259
69,994 72,029
5 Other information
P & S Carpets & Vinyls Ltd is a private company limited by shares and incorporated in England. Its registered office is:
1347-1349 Ashton Old Road
Manchester
Lancashire
M11 1JT
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