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REGISTERED NUMBER: 08769040 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Price Business Services Limited

Price Business Services Limited (Registered number: 08769040)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Price Business Services Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs J G Price
A J Price





SECRETARY: Mrs J G Price





REGISTERED OFFICE: Pyrcroft, Dodds Lane
Woking
Surrey
GU22 8UW





REGISTERED NUMBER: 08769040 (England and Wales)





ACCOUNTANTS: Price Business Services Limited
Pyrcroft, Dodds Lane
Woking
Surrey
GU22 8UW

Price Business Services Limited (Registered number: 08769040)

Balance Sheet
31 March 2023

31.3.23 31.3.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,503 2,392

CURRENT ASSETS
Debtors 5 9,607 7,357
Cash in hand 18,029 11,115
27,636 18,472
CREDITORS
Amounts falling due within one year 6 10,971 8,321
NET CURRENT ASSETS 16,665 10,151
TOTAL ASSETS LESS CURRENT
LIABILITIES

19,168

12,543

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 19,068 12,443
SHAREHOLDERS' FUNDS 19,168 12,543

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Price Business Services Limited (Registered number: 08769040)

Balance Sheet - continued
31 March 2023


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 Board of Directors and authorised for issue on 7 November 2023 and were signed on its behalf by:





Mrs J G Price - Director


Price Business Services Limited (Registered number: 08769040)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Price Business 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 represents net invoiced sales of services, excluding value added tax.

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 - 33% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

Price Business Services Limited (Registered number: 08769040)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 4,695
Additions 1,378
At 31 March 2023 6,073
DEPRECIATION
At 1 April 2022 2,303
Charge for year 1,267
At 31 March 2023 3,570
NET BOOK VALUE
At 31 March 2023 2,503
At 31 March 2022 2,392

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade debtors 8,843 6,771
Other debtors 764 586
9,607 7,357

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.23 31.3.22
£    £   
Trade creditors 251 185
Taxation and social security 7,696 6,692
Other creditors 3,024 1,444
10,971 8,321

7. RELATED PARTY DISCLOSURES

At the year end the company owed the director £3,024 (2022: £1,444). This loan is interest free and repayable on demand.

8. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs J G Price.