Registered number
10616635
The Property Service Electrical Division Limited
Filleted Accounts
28 February 2023
The Property Service Electrical Division Limited
Registered number: 10616635
Balance Sheet
as at 28 February 2023
Notes 2023 2022
£ £
Fixed assets
Tangible assets 3 1,091 -
Current assets
Debtors 4 15,590 10,131
Cash at bank and in hand 5,173 5,552
20,763 15,683
Creditors: amounts falling due within one year 5 (5,453) (5,703)
Net current assets 15,310 9,980
Net assets 16,401 9,980
Capital and reserves
Called up share capital 100 100
Profit and loss account 16,301 9,880
Shareholders' funds 16,401 9,980
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Joby Pironi
Director
Approved by the board on 29 November 2023
The Property Service Electrical Division Limited
Notes to the Accounts
for the year ended 28 February 2023
1 Accounting policies
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.
2 Employees 2023 2022
Number Number
Average number of persons employed by the company - -
3 Tangible fixed assets
Plant and machinery etc
£
Cost
Additions 1,399
At 28 February 2023 1,399
Depreciation
Charge for the year 308
At 28 February 2023 308
Net book value
At 28 February 2023 1,091
4 Debtors 2023 2022
£ £
Trade debtors 1,194 220
Other debtors 14,396 9,911
15,590 10,131
5 Creditors: amounts falling due within one year 2023 2022
£ £
Taxation and social security costs 4,553 5,253
Other creditors 900 450
5,453 5,703
6 Other information
The Property Service Electrical Division Limited is a private company limited by shares and incorporated in England. Its registered office is:
6 Volpe Close
Swindon
Wiltshire
SN5 6BS
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