IRIS Accounts Production v23.1.5.20 06024273 Board of Directors 1.3.22 28.2.23 28.2.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh060242732022-02-28060242732023-02-28060242732022-03-012023-02-28060242732021-02-28060242732021-03-012022-02-28060242732022-02-2806024273ns14:PoundSterling2022-03-012023-02-2806024273ns10:Director12022-03-012023-02-2806024273ns10:PrivateLimitedCompanyLtd2022-03-012023-02-2806024273ns10:SmallEntities2022-03-012023-02-2806024273ns10:AuditExempt-NoAccountantsReport2022-03-012023-02-2806024273ns10:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-2806024273ns10:SmallCompaniesRegimeForAccounts2022-03-012023-02-2806024273ns10:FullAccounts2022-03-012023-02-2806024273ns10:Director22022-03-012023-02-2806024273ns10:CompanySecretary12022-03-012023-02-2806024273ns10:RegisteredOffice2022-03-012023-02-2806024273ns5:CurrentFinancialInstruments2023-02-2806024273ns5:CurrentFinancialInstruments2022-02-2806024273ns5:ShareCapital2023-02-2806024273ns5:ShareCapital2022-02-2806024273ns5:RetainedEarningsAccumulatedLosses2023-02-2806024273ns5:RetainedEarningsAccumulatedLosses2022-02-2806024273ns5:FurnitureFittings2022-02-2806024273ns5:FurnitureFittings2023-02-2806024273ns5:FurnitureFittings2022-02-2806024273ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-02-2806024273ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-02-28
REGISTERED NUMBER: 06024273















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28TH FEBRUARY 2023

FOR

P.D. BUSINESS SERVICES LTD

P.D. BUSINESS SERVICES LTD (REGISTERED NUMBER: 06024273)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 28th February 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P.D. BUSINESS SERVICES LTD

COMPANY INFORMATION
for the Year Ended 28th February 2023







DIRECTORS: Mrs Kay Hebden
Mr Paul David Hebden





SECRETARY: Mr Paul David Hebden





REGISTERED OFFICE: High Barn
Cocksheadhey Road
Bollington
Cheshire
SK10 5QZ





REGISTERED NUMBER: 06024273





ACCOUNTANTS: KJG
100 Barbirolli Square
Manchester
M2 3BD

P.D. BUSINESS SERVICES LTD (REGISTERED NUMBER: 06024273)

BALANCE SHEET
28th February 2023

2023 2022
Notes £    £   
CURRENT ASSETS
Debtors 5 4,531 3,182
Cash at bank 140,749 52,134
145,280 55,316
CREDITORS
Amounts falling due within one year 6 (43,782 ) (2,555 )
NET CURRENT ASSETS 101,498 52,761
TOTAL ASSETS LESS CURRENT LIABILITIES 101,498 52,761

CAPITAL AND RESERVES
Called up share capital 7 100 100
Retained earnings 101,398 52,661
SHAREHOLDERS' FUNDS 101,498 52,761

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 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.

P.D. BUSINESS SERVICES LTD (REGISTERED NUMBER: 06024273)

BALANCE SHEET - continued
28th February 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th November 2023 and were signed on its behalf by:





Mr Paul David Hebden - Director


P.D. BUSINESS SERVICES LTD (REGISTERED NUMBER: 06024273)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 28th February 2023


1. STATUTORY INFORMATION

P.D. Business Services Limited is a private company limited by share capital, incorporated in England and Wales, registration number 06024273. The address of the principle place of business and registered office is High Barn, Cocksheadhey Road, Bollington, Cheshire, SK10 5QZ.

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 for consultancy services provided.

Tangible fixed assets
Fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Depreciation on fixed assets is charged to the profit and loss so as to write off their value, over their estimated useful lives, using the following methods:

Fixtures and Fittings - 8% on cost

At each balance sheet date, the company reviews the carrying amounts of its fixed assets to determine whether there is any indication that any items of property, plant and equipment have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of the asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

If the recoverable amount of an asset is estimated to be less than its carrying amount, the carrying amount of the asset is reduced to its recoverable amount. Impairment loss is recognised as an expense immediately.

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

Current 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.

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.

P.D. BUSINESS SERVICES LTD (REGISTERED NUMBER: 06024273)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28th February 2023


2. ACCOUNTING POLICIES - continued

Trade and other debtors
Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the
effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Trade and other creditors
Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method unless the effect of discounting would be immaterial, in which case they are stated at cost.

Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and in hand.

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1st March 2022
and 28th February 2023 4,634
DEPRECIATION
At 1st March 2022
and 28th February 2023 4,634
NET BOOK VALUE
At 28th February 2023 -
At 28th February 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 1,259
Other debtors 1,143 1,923
Directors' current accounts 3,111 -
Prepayments 277 -
4,531 3,182

P.D. BUSINESS SERVICES LTD (REGISTERED NUMBER: 06024273)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 28th February 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 302 -
Tax 13,210 -
VAT 28,748 564
Directors' current accounts - 809
Accrued expenses 1,522 1,182
43,782 2,555

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number: Class: Nominal 28.02.2023 28.02.2022
Value £    £   
2 Ordinary £1.00 2 2
44 Ordinary A £1.00 44 44
44 Ordinary B £1.00 44 44
5 Ordinary C £1.00 5 5
5 Ordinary D £1.00 5 5
100 100