Company registration number 08950293 (England and Wales)
PRC CONSULTANCY LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023
PAGES FOR FILING WITH REGISTRAR
PRC CONSULTANCY LIMITED
BALANCE SHEET
AS AT
31 MARCH 2023
31 March 2023
- 1 -
2023
2022
£
£
£
£
Fixed assets
8,040
16,080
Current assets
8,598
9,241
Creditors: amounts falling due within one year
(19,505)
(23,780)
Net current liabilities
(10,907)
(14,539)
Total assets less current liabilities
(2,867)
1,541
Accruals and deferred income
(1,380)
(1,380)
Net (liabilities)/assets
(4,247)
161
Capital and reserves
(4,247)
161
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
2
2
2
Advances to Directors
During the year £24,374 was advanced to a director and £17,881 was subsequently repaid. Interest of £107 was charged during the year. The balance owed by the director at the beginning of the year was £0 and at the end of the year was £6,601. The loan is unsecured and has no repayment terms. Interest is charged on balances over £10,000 at 2%.
3
Going Concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the forseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
PRC Consultancy Limited is a private company limited by shares incorporated in England and Wales. The registered office is 1 Simene Walk, GILLINGHAM, Dorset, SP8 4FU.
For the year ended 31 March 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
PRC CONSULTANCY LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MARCH 2023
31 March 2023
- 2 -
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved by the board of directors and authorised for issue on 8 November 2023 and are signed on its behalf by:
..............................................
..............................................
Mr P M Cooper
Ms R Cooper
Director
Director
Company registration number 08950293 (England and Wales)