PSD QUALITY CARPENTRY LTD

Company Registration Number:
06591560 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

PSD QUALITY CARPENTRY LTD

Contents of the Financial Statements

for the Period Ended 31 May 2023

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PSD QUALITY CARPENTRY LTD

Company Information

for the Period Ended 31 May 2023




Director: Petras Simanauskas
Registered office: 27
Priors Road
Windsor
Berkshire
SL4 4PD
Company Registration Number: 06591560 (England and Wales)

PSD QUALITY CARPENTRY LTD

Balance sheet

As at 31 May 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 12,771 16,812
Total fixed assets: 12,771 16,812
Current assets
Debtors: 5 48,562 30,830
Cash at bank and in hand: 95,627 109,296
Total current assets: 144,189 140,126
Creditors: amounts falling due within one year: 6 ( 13,372 ) ( 22,704 )
Net current assets (liabilities): 130,817 117,422
Total assets less current liabilities: 143,588 134,234
Total net assets (liabilities): 143,588 134,234

The notes form part of these financial statements

PSD QUALITY CARPENTRY LTD

Balance sheet continued

As at 31 May 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 143,488 134,134
Shareholders funds: 143,588 134,234

For the year ending 31 May 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.

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

This report was approved by the board of directors on 9 November 2023
And Signed On Behalf Of The Board By:

Name: Petras Simanauskas
Status: Director

The notes form part of these financial statements

PSD QUALITY CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

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

PSD QUALITY CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

PSD QUALITY CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 3. Off balance sheet disclosure

    No

PSD QUALITY CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Tangible assets

Plant & machinery Office equipment Motor vehicles Total
Cost £ £ £ £
At 01 June 2022 24,036 3,762 10,031 37,829
Additions 1,124 228 - 1,352
Disposals - - - -
Revaluations - - - -
Transfers - - - -
At 31 May 2023 25,160 3,990 10,031 39,181
Depreciation
At 01 June 2022 7,224 3,762 10,031 21,017
Charge for year 5,384 9 - 5,393
On disposals - - - -
Other adjustments - - - -
At 31 May 2023 12,608 3,771 10,031 26,410
Net book value
At 31 May 2023 12,552 219 0 12,771
At 31 May 2022 16,812 0 0 16,812

PSD QUALITY CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors


2023
£

2022
£
Trade debtors 39,770 26,279
Other debtors 8,792 4,551
Total 48,562 30,830

PSD QUALITY CARPENTRY LTD

Notes to the Financial Statements

for the Period Ended 31 May 2023

6.Creditors: amounts falling due within one year note


2023
£

2022
£
Trade creditors 116 7,180
Taxation and social security 13,192 15,461
Other creditors 64 63
Total 13,372 22,704