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COMPANY REGISTRATION NUMBER: 02917004
PRICE AUTOMOTIVE SERVICES LIMITED
Filleted Unaudited Financial Statements
31 March 2023
PRICE AUTOMOTIVE SERVICES LIMITED
Financial Statements
Year ended 31 March 2023
Contents
Pages
Statement of financial position and the notes to the financial statements
1 to 2
PRICE AUTOMOTIVE SERVICES LIMITED
Statement of Financial Position
31 March 2023
2023
2022
£
£
£
Fixed assets
146,865
146,022
---------
---------
Current assets
23,393
29,279
Prepayments and accrued income
1,500
1,361
--------
--------
24,893
30,640
Creditors: amounts falling due within one year
78,848
78,910
---------
---------
Net current liabilities
( 53,955)
( 48,270)
--------
--------
Total assets less current liabilities
92,910
97,752
Creditors: amounts falling due after more than one year
16,562
25,961
Accruals and deferred income
1,473
3,189
--------
--------
74,875
68,602
--------
--------
Capital and reserves
74,875
68,602
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2022: 4 ).
2. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr R A Price
15,067
( 725)
14,342
--------
----
--------
2022
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr R A Price
20,844
( 5,777)
15,067
--------
-------
--------
For the year ending 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 20 October 2023 , and are signed on behalf of the board by:
Mr R A Price
Director
Company registration number: 02917004
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Lewis Road, Kettering, NN15 6HE.