Company Registration No. 06547168 (England and Wales)
Plus Minus Services Ltd
Unaudited accounts
for the year ended 31 March 2023
Plus Minus Services Ltd
Unaudited accounts
Contents
Plus Minus Services Ltd
Company Information
for the year ended 31 March 2023
Company Number
06547168 (England and Wales)
Registered Office
1 NORMANTON CLOSE
CHRISTCHURCH
BOURNEMOUTH
DORSET
BH23 2JD
Accountants
MAAP Consultants Ltd
44 Willow Way
CHRISTCHURCH
Dorset
BH23 1LA
Plus Minus Services Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
32,663
12,563
Cash at bank and in hand
139,101
68,109
Creditors: amounts falling due within one year
(54,171)
(57,481)
Net current assets
144,639
77,359
Total assets less current liabilities
177,302
89,922
Provisions for liabilities
Deferred tax
(6,206)
(2,387)
Called up share capital
1
1
Profit and loss account
171,095
87,534
Shareholders' funds
171,096
87,535
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. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 2 November 2023 and were signed on its behalf by
Justin Doyle
Director
Company Registration No. 06547168
Plus Minus Services Ltd
Notes to the Accounts
for the year ended 31 March 2023
Plus Minus Services Ltd is a private company, limited by shares, registered in England and Wales, registration number 06547168. The registered office is 1 NORMANTON CLOSE, CHRISTCHURCH, BOURNEMOUTH, DORSET, BH23 2JD.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
21,145
25,796
4,177
51,118
Additions
-
29,999
989
30,988
At 31 March 2023
21,145
55,795
5,166
82,106
At 1 April 2022
20,351
15,753
2,451
38,555
Charge for the year
199
10,010
679
10,888
At 31 March 2023
20,550
25,763
3,130
49,443
At 31 March 2023
595
30,032
2,036
32,663
At 31 March 2022
794
10,043
1,726
12,563
Plus Minus Services Ltd
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
59,709
66,731
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
10,616
22,254
Taxes and social security
35,136
21,531
Loans from directors
415
481
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Transactions with related parties
The company was under the control of Mr Justin Doyle as the sole director and shareholder throughout the current and previous years.
During the year, the loan provided by the director to the company decreased by £66 (2022 - £1,654) so that the balance owed to him at the year-end stood at £415 (2022 - £481).
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).