PICKONE LIMITED

Company Registration Number:
06865595 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

PICKONE LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

PICKONE LIMITED

Company Information

for the Period Ended 31 March 2023




Director: Daniel JB Tyrrell
Registered office: 23
Queen Street
Ashford
Kent
TN23 1RF
Company Registration Number: 06865595 (England and Wales)

PICKONE LIMITED

Directors' Report Period Ended 31 March 2023

The directors present their report with the financial statements of the company for the period ended 31 March 2023

Principal Activities

The Company's principle activity during the period was the maintenance, repair and installation of domestic heating systems and water supply systems.

Political and charitable donations

No political or charitable donations were made

Company policy on the employment of disabled persons

The company has no employees

Additional information

PICKONE LTD COMPANY NO: 06865595 ENGLAND AND WALES DIRECTORS REPORT The director presents his report and accounts for the year ended 31 March 2023 Directors Daniel Tyrrell held office for the whole of the period. Statement of directors' responsibilities The directors are responsible for preparing the report and accounts in accordance with applicable law and regulations. "Company law requires the directors to prepare accounts for each financial year. Under that law, the directors have" elected to prepare the accounts in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of of affairs of the company and of "the profit or loss of the company for that period. In preparing these accounts, the directors are required to:" - select suitable accounting policies and then apply them consistently; - make judgements and estimates that are reasonable and prudent; - prepare the accounts on the going concern basis unless it is innapropriate to presume that the company will continue in business The directors are responsible for keeping adequate accounting records that aresufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the accounts comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. Small company provisions This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006

Directors

The directors shown below have held office during the whole of the period from 01 April 2022 to 31 March 2023
Daniel JB Tyrrell

This report was approved by the board of directors on 28 November 2023
And Signed On Behalf Of The Board By:

Name: Daniel JB Tyrrell
Status: Director

PICKONE LIMITED

Profit and Loss Account

for the Period Ended 31 March 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 8,332 8,041
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 4,769 ) ( 4,122 )
Operating Profit or (Loss) 3,563 3,919
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 3,563 3,919
Tax on Profit ( 677 ) ( 787 )
Profit or (Loss) for Period 2,886 3,132

The notes form part of these financial statements

PICKONE LIMITED

Balance sheet

As at 31 March 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 1,426 923
Total fixed assets: 1,426 923
Current assets
Cash at bank and in hand: 2,365 2,964
Total current assets: 2,365 2,964
Creditors: amounts falling due within one year: ( 1,105 ) ( 1,214 )
Net current assets (liabilities): 1,260 1,750
Total assets less current liabilities: 2,686 2,673
Total net assets (liabilities): 2,686 2,673

The notes form part of these financial statements

PICKONE LIMITED

Balance sheet continued

As at 31 March 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 2,686 2,673
Shareholders funds: 2,686 2,673

For the year ending 31 March 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 28 November 2023
And Signed On Behalf Of The Board By:

Name: Daniel JB Tyrrell
Status: Director

The notes form part of these financial statements

PICKONE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 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

    Tangible fixed assets depreciation policy

    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 usefull lives:

    Plant and machinery 25% Reducing Balance
    Motor vehicles 25% Reducing Balance
    Computer equipment 33% Reducing Balance

    Other accounting policies

    This report has been prepared in accordance with the special provisions relating to small companies within Part 15 of the Companies Act 2006 For the year ending 31 March 2023 the company was entitles 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 and the preparation of accounts. These accounts have been prepared 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 financial statements were approved by the board and authorised for issue on the 29 June 2023 and were signed on its behalf by Daniel Tyrrell Director 1 Statutory information "Pickone Limited is a private company, limited by shares, registered in England and Wales, registration number 06865595." "The registered office is 23 Queen Street, Ashford, Kent, TN23 1RF, United Kingdom " 2 Compliance with accounting standards The accounts have been prepared in accordance with the provisions of FRS 102 Section1A Small entities. There were no material departures from that standard. 3 Accounting policies The principal accounting policies adopted in the preparation of the financial statements have "remained unchanged from the previous year, and also have been consistently applied within the same accounts."

PICKONE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

    During the year the average number of employees was 0.

PICKONE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

  • 3. Off balance sheet disclosure

    No

PICKONE LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

4. Tangible Assets

Total
Cost £
At 01 April 2022 9,083
Additions 920
Disposals -
Revaluations -
Transfers -
At 31 March 2023 10,003
Depreciation
At 01 April 2022 8,160
Charge for year 417
On disposals -
Other adjustments -
At 31 March 2023 8,577
Net book value
At 31 March 2023 1,426
At 31 March 2022 923

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 usefull lives:

Plant and machinery 25% Reducing Balance
Motor vehicles 25% Reducing Balance
Computer equipment 33% Reducing Balance