Company Registration No. 9414020 (England and Wales)
PROACTIVE SERVICES GROUP LTD
Unaudited accounts
for the year ended 31 March 2023
PROACTIVE SERVICES GROUP LTD
Unaudited accounts
Contents
PROACTIVE SERVICES GROUP LTD
Company Information
for the year ended 31 March 2023
Company Number
9414020 (England and Wales)
Registered Office
UNIT 5
FEN END
STOTFOLD
HERTS
SG5 4BA
Accountants
NUMBER CRUNCHING LTD
UNIT 5
FEN END
STOTFOLD
HERTS
SG5 4BA
PROACTIVE SERVICES GROUP LTD
Statement of financial position
as at 31 March 2023
Tangible assets
45,153
38,698
Cash at bank and in hand
20,003
15,228
Creditors: amounts falling due within one year
(35,042)
(24,375)
Net current (liabilities)/assets
(942)
13,013
Total assets less current liabilities
44,211
51,711
Creditors: amounts falling due after more than one year
(14,004)
(8,833)
Provisions for liabilities
Deferred tax
(8,720)
(6,993)
Called up share capital
1
1
Profit and loss account
21,486
35,884
Shareholders' funds
21,487
35,885
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 29 September 2023 and were signed on its behalf by
MICHAEL LE SAGE
Director
Company Registration No. 9414020
PROACTIVE SERVICES GROUP LTD
Notes to the Accounts
for the year ended 31 March 2023
PROACTIVE SERVICES GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 9414020. The registered office is UNIT 5, FEN END, STOTFOLD, HERTS, SG5 4BA.
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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. 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
Fixtures & fittings
25% reducing balance
Computer equipment
straight line over 4 years
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 April 2022
9,833
36,979
1,212
22,204
70,228
Additions
-
23,218
-
14,612
37,830
Disposals
-
(18,500)
-
-
(18,500)
At 31 March 2023
9,833
41,697
1,212
36,816
89,558
At 1 April 2022
2,710
15,051
746
13,023
31,530
Charge for the year
1,781
7,818
116
7,785
17,500
On disposals
-
(4,625)
-
-
(4,625)
At 31 March 2023
4,491
18,244
862
20,808
44,405
At 31 March 2023
5,342
23,453
350
16,008
45,153
At 31 March 2022
7,123
21,928
466
9,181
38,698
PROACTIVE SERVICES GROUP LTD
Notes to the Accounts
for the year ended 31 March 2023
Amounts falling due within one year
Trade debtors
7,400
16,815
Accrued income and prepayments
-
182
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
5,417
3,250
Obligations under finance leases and hire purchase contracts
2,711
-
Trade creditors
9,196
7,181
Taxes and social security
1,304
-
Loans from directors
16,027
10,164
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
14,004
-
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).