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REGISTERED NUMBER: 06506482 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28TH FEBRUARY 2023

FOR

PIPING STRESS ENGINEERING SERVICES
LIMITED

PIPING STRESS ENGINEERING SERVICES
LIMITED (REGISTERED NUMBER: 06506482)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PIPING STRESS ENGINEERING SERVICES
LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28TH FEBRUARY 2023







DIRECTOR: S P Green





REGISTERED OFFICE: First Floor, Jebsen House
53-61 High Street
Ruislip
Middlesex
HA4 7BD





REGISTERED NUMBER: 06506482 (England and Wales)






PIPING STRESS ENGINEERING SERVICES
LIMITED (REGISTERED NUMBER: 06506482)

BALANCE SHEET
28TH FEBRUARY 2023

2023 2022
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 1,352 -

CURRENT ASSETS
Debtors 5 76,703 90,548
Cash at bank 290,382 230,949
367,085 321,497
CREDITORS
Amounts falling due within one year 6 51,832 30,455
NET CURRENT ASSETS 315,253 291,042
TOTAL ASSETS LESS CURRENT
LIABILITIES

316,605

291,042

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 316,505 290,942
SHAREHOLDERS' FUNDS 316,605 291,042

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28th February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28th February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 14th October 2023 and were signed by:



S P Green - Director


PIPING STRESS ENGINEERING SERVICES
LIMITED (REGISTERED NUMBER: 06506482)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28TH FEBRUARY 2023


1. STATUTORY INFORMATION

Piping Stress Engineering Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on cost

Taxation
Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company contributes to personal pension schemes for its director. The assets of the schemes are held independently of the company by an insurance company. The amount charged to the profit and loss account are the contributions payable in the year.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 1 ) .

PIPING STRESS ENGINEERING SERVICES
LIMITED (REGISTERED NUMBER: 06506482)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28TH FEBRUARY 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1st March 2022 800
Additions 1,690
At 28th February 2023 2,490
DEPRECIATION
At 1st March 2022 800
Charge for year 338
At 28th February 2023 1,138
NET BOOK VALUE
At 28th February 2023 1,352

5. DEBTORS
2023 2022
£ £
Amounts falling due within one year:
Trade debtors 9,984 4,357
Other debtors 20,473 19,762
30,457 24,119

Amounts falling due after more than one year:
Other debtors 46,246 66,429

Aggregate amounts 76,703 90,548

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Taxation and social security 18,033 6,021
Other creditors 33,799 24,434
51,832 30,455