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REGISTERED NUMBER: 06012101 (England and Wales)















P.D. INSPECTION ENGINEERS LTD

Unaudited Financial Statements For The Year Ended 31 January 2023






P.D. INSPECTION ENGINEERS LTD (REGISTERED NUMBER: 06012101)






Contents of the Financial Statements
For The Year Ended 31 January 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

P.D. INSPECTION ENGINEERS LTD

Company Information
For The Year Ended 31 January 2023







DIRECTOR: P Duffy





SECRETARY: Mrs A Duffy





REGISTERED OFFICE: 18 Norham Road
Whitley Bay
Tyne and Wear
NE26 2SD





REGISTERED NUMBER: 06012101 (England and Wales)





ACCOUNTANTS: Sadler Joyce Ltd
Chartered Certified Accountant
18 Norham Road
Whitley Bay
Tyne and Wear
NE26 2SD

P.D. INSPECTION ENGINEERS LTD (REGISTERED NUMBER: 06012101)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,494 1,992

CURRENT ASSETS
Prepayments and accrued income 15 -
Cash at bank and in hand 123,839 110,555
123,854 110,555
CREDITORS
Amounts falling due within one year 5 164,240 139,651
NET CURRENT LIABILITIES (40,386 ) (29,096 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(38,892

)

(27,104

)

CAPITAL AND RESERVES
Called up share capital 67 67
Retained earnings (38,959 ) (27,171 )
SHAREHOLDERS' FUNDS (38,892 ) (27,104 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 October 2023 and were signed by:





P Duffy - Director


P.D. INSPECTION ENGINEERS LTD (REGISTERED NUMBER: 06012101)

Notes to the Financial Statements
For The Year Ended 31 January 2023

1. STATUTORY INFORMATION

P.D. INSPECTION ENGINEERS LTD 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.

Significant judgements
There were no judgements made that were significant enough to warrant disclosure.

Turnover
Turnover is stated net of value added tax unless it is a zero rated exported service and represents the total receivable by the company. The revenue is recognised on the raising of a sales invoice on completion of work or on expected selling price on work part completed at the balance sheet date.

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 - 25% on reducing balance
Computer equipment - 25% on reducing balance

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the middle of the month of the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Significant estimates
There were no estimates made that were significant enough to warrant disclosure.

3. EMPLOYEES AND DIRECTORS

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

P.D. INSPECTION ENGINEERS LTD (REGISTERED NUMBER: 06012101)

Notes to the Financial Statements - continued
For The Year Ended 31 January 2023

4. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 February 2022
and 31 January 2023 17,038 5,816 22,854
DEPRECIATION
At 1 February 2022 15,664 5,198 20,862
Charge for year 343 155 498
At 31 January 2023 16,007 5,353 21,360
NET BOOK VALUE
At 31 January 2023 1,031 463 1,494
At 31 January 2022 1,374 618 1,992

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 101 -
Taxation and social security 103 103
Other creditors 164,036 139,548
164,240 139,651

Included in other creditors are amounts owed to the Director, this year he was owed £162,613 (£138,256 - 2022).

6. FINANCIAL INSTRUMENTS

Debtors are shown at their impaired value (i.e. less doubtful debts) and trade creditors are at their carrying value.

7. RELATED PARTY DISCLOSURES

No transactions with related parties were undertaken that required disclosure under FRS 102 section 1A small entities.

P.D. INSPECTION ENGINEERS LTD

Report of the Accountants to the Director of
P.D. INSPECTION ENGINEERS LTD

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2023 set out on page nil and you consider that the company is exempt from an audit.

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.






Sadler Joyce Ltd
Chartered Certified Accountant
18 Norham Road
Whitley Bay
Tyne and Wear
NE26 2SD


20 October 2023