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REGISTERED NUMBER: 05871950 (England and Wales)
























PRISTINE ENVIRONMENTAL SERVICES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023






PRISTINE ENVIRONMENTAL SERVICES LIMITED (REGISTERED NUMBER: 05871950)

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


PRISTINE ENVIRONMENTAL SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: G Hannam
Mrs L Hannam





REGISTERED OFFICE: Unit 19 Twyford Business Centre
London Road
Bishops Stortford
Hertfordshire
CM23 3YT





REGISTERED NUMBER: 05871950 (England and Wales)





ACCOUNTANTS: TC Group
6-7 Castle Gate
Castle Street
Hertford
Hertfordshire
SG14 1HD

PRISTINE ENVIRONMENTAL SERVICES LIMITED (REGISTERED NUMBER: 05871950)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 35,359 42,002
Investments 5 30,000 30,000
65,359 72,002

CURRENT ASSETS
Stocks 6 13,850 13,850
Debtors 7 109,144 116,612
Cash at bank 72,848 97,699
195,842 228,161
CREDITORS
Amounts falling due within one year 8 196,457 220,758
NET CURRENT (LIABILITIES)/ASSETS (615 ) 7,403
TOTAL ASSETS LESS CURRENT LIABILITIES 64,744 79,405

CREDITORS
Amounts falling due after more than
one year

9

(22,500

)

(40,970

)

PROVISIONS FOR LIABILITIES (6,718 ) (7,980 )
NET ASSETS 35,526 30,455

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 35,426 30,355
35,526 30,455

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.

PRISTINE ENVIRONMENTAL SERVICES LIMITED (REGISTERED NUMBER: 05871950)

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 October 2023 and were signed on its behalf by:





G Hannam - Director


PRISTINE ENVIRONMENTAL SERVICES LIMITED (REGISTERED NUMBER: 05871950)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Pristine Environmental 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 is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs

Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

Office equipment : 25% written down value
Plant and machinery : 25% written down value
Motor vehicles : 25% written down value

Investments in subsidiaries
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.


PRISTINE ENVIRONMENTAL SERVICES LIMITED (REGISTERED NUMBER: 05871950)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued
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.

Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

Pension costs
Contributions to defined contribution plans are expenses in the period to which they relate.

Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

Grants received
Grants received are accounted for using the accrual model and are recognised in the profit and loss in the periods in which the related costs or expenses are recognised.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2022 - 15 ) .

PRISTINE ENVIRONMENTAL SERVICES LIMITED (REGISTERED NUMBER: 05871950)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2022 17,851 91,720 20,573 130,144
Additions 4,933 - 209 5,142
At 31 March 2023 22,784 91,720 20,782 135,286
DEPRECIATION
At 1 April 2022 12,289 58,772 17,081 88,142
Charge for year 2,623 8,237 925 11,785
At 31 March 2023 14,912 67,009 18,006 99,927
NET BOOK VALUE
At 31 March 2023 7,872 24,711 2,776 35,359
At 31 March 2022 5,562 32,948 3,492 42,002

5. FIXED ASSET INVESTMENTS
Other
Investments
£   
COST
At 1 April 2022
and 31 March 2023 30,000
NET BOOK VALUE
At 31 March 2023 30,000
At 31 March 2022 30,000

6. STOCKS
2023 2022
£    £   
Stocks 13,850 13,850

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 107,529 114,997
Other debtors 1,615 1,615
109,144 116,612

PRISTINE ENVIRONMENTAL SERVICES LIMITED (REGISTERED NUMBER: 05871950)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Hire purchase contracts 8,155 13,218
Trade creditors 34,428 38,334
Corporation tax 14,551 9,347
Social security and other taxes 78,313 84,526
Other creditors 50,698 65,333
Directors' current accounts 312 -
196,457 220,758

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 22,500 32,500
Hire purchase contracts - 8,470
22,500 40,970

10. RELATED PARTY DISCLOSURES

During the year the directors received dividends in respect of their shareholdings as follows:
G Hannam £16,500 (£18,762- 2022)
L Hannam £16,500 (£18,762 - 2022)

11. ULTIMATE CONTROLLING PARTY

During the two years ending 31 March 2023, G Hannam and L Hannam, the directors, controlled the company by virtue of a controlling interest in 100% of the issued ordinary share capital.