PIPE SYSTEMS LIMITED

Company Registration Number:
03522238 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

PIPE SYSTEMS LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

PIPE SYSTEMS LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 123,206 100,759
Total fixed assets: 123,206 100,759
Current assets
Debtors:   864,209 697,916
Cash at bank and in hand: 265,622 408,960
Total current assets: 1,129,831 1,106,876
Creditors: amounts falling due within one year:   (436,296) (426,373)
Net current assets (liabilities): 693,535 680,503
Total assets less current liabilities: 816,741 781,262
Total net assets (liabilities): 816,741 781,262
Capital and reserves
Called up share capital: 10,000 10,000
Profit and loss account: 806,741 771,262
Shareholders funds: 816,741 781,262

The notes form part of these financial statements

PIPE SYSTEMS LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 27 September 2023
and signed on behalf of the board by:

Name: MR W L J SALSANO
Status: Director

The notes form part of these financial statements

PIPE SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PIPE SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 14 13

PIPE SYSTEMS LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 263,930
Additions 79,905
Disposals (50,514)
At 30 June 2023 293,321
Depreciation
At 01 July 2022 163,171
Charge for year 37,411
On disposals (30,467)
At 30 June 2023 170,115
Net book value
At 30 June 2023 123,206
At 30 June 2022 100,759