1 February 2022 false Taxfiler 2023.9.1 08854531business:PrivateLimitedCompanyLtd2022-02-012023-01-31 088545312022-01-31 088545312022-02-012023-01-31 08854531business:AuditExemptWithAccountantsReport2022-02-012023-01-31 08854531business:FilletedAccounts2022-02-012023-01-31 088545312023-01-31 08854531business:Director12022-02-012023-01-31 08854531business:Director22022-02-012023-01-31 08854531business:CompanySecretary12022-02-012023-01-31 08854531business:RegisteredOffice2022-02-012023-01-31 088545312022-01-31 08854531core:WithinOneYear2023-01-31 08854531core:WithinOneYear2022-01-31 08854531core:AfterOneYear2023-01-31 08854531core:AfterOneYear2022-01-31 08854531core:ShareCapitalcore:PreviouslyStatedAmount2023-01-31 08854531core:ShareCapitalcore:PreviouslyStatedAmount2022-01-31 08854531core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-01-31 08854531core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-01-31 08854531core:PreviouslyStatedAmount2023-01-31 08854531core:PreviouslyStatedAmount2022-01-31 08854531business:SmallEntities2022-02-012023-01-31 08854531countries:EnglandWales2022-02-012023-01-31 08854531core:FurnitureFittings2022-02-012023-01-31 08854531core:FurnitureFittings2022-01-31 08854531core:FurnitureFittings2023-01-31 088545312021-02-012022-01-31 iso4217:GBP xbrli:pure
Company Registration No. 08854531 (England and Wales)
Pozitronik Control Systems Ltd Unaudited accounts for the year ended 31 January 2023
Pozitronik Control Systems Ltd Unaudited accounts Contents
Page
- 2 -
Pozitronik Control Systems Ltd Company Information for the year ended 31 January 2023
Directors
Jonathan Johnson Patricia Johnson
Secretary
Patricia Johnson
Company Number
08854531 (England and Wales)
Registered Office
5 Fairmile Drive East Didsbury Manchester M20 5WS
Accountants
Foster Barlow Limited 81 Penny Meadow Ashton under Lyne Lancashire OL6 6EL
- 3 -
Pozitronik Control Systems Ltd Statement of financial position as at 31 January 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
192 
Current assets
Debtors
33,036 
46,541 
Cash at bank and in hand
37,605 
27,219 
70,641 
73,760 
Creditors: amounts falling due within one year
(60,976)
(63,448)
Net current assets
9,665 
10,312 
Total assets less current liabilities
9,665 
10,504 
Creditors: amounts falling due after more than one year
(12,125)
(17,047)
Net liabilities
(2,460)
(6,543)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(2,462)
(6,545)
Shareholders' funds
(2,460)
(6,543)
For the year ending 31 January 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 4 October 2023 and were signed on its behalf by
Jonathan Johnson Director Company Registration No. 08854531
- 4 -
Pozitronik Control Systems Ltd Notes to the Accounts for the year ended 31 January 2023
1
Statutory information
Pozitronik Control Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 08854531. The registered office is 5 Fairmile Drive, East Didsbury, Manchester, M20 5WS.
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:
Fixtures & fittings
33% reducing balance
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 February 2022
3,131 
At 31 January 2023
3,131 
Depreciation
At 1 February 2022
2,939 
Charge for the year
192 
At 31 January 2023
3,131 
Net book value
At 31 January 2023
- 
At 31 January 2022
192 
- 5 -
Pozitronik Control Systems Ltd Notes to the Accounts for the year ended 31 January 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
8,076 
10,547 
Trade debtors
24,960 
32,661 
Other debtors
- 
3,333 
33,036 
46,541 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
4,833 
4,733 
Loans from directors
55,343 
57,915 
Accruals
800 
800 
60,976 
63,448 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
12,125 
17,047 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 6 -