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Company Registration No. 12005281 (England and Wales)
Procurement 4 House Builders Limited Unaudited accounts for the year ended 31 May 2023
Procurement 4 House Builders Limited Unaudited accounts Contents
Page
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Procurement 4 House Builders Limited Company Information for the year ended 31 May 2023
Directors
Mr. James Lee Allen Mr. Finbarr Peter Doyle
Company Number
12005281 (England and Wales)
Registered Office
85 Great Portland Street, London, England, W1W 7LT
Accountants
Accounting Wise Ltd 3 The Carriages Station Road Ware Hertfordshire SG129PL
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Procurement 4 House Builders Limited Statement of financial position as at 31 May 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
273 
1,574 
Current assets
Debtors
105,932 
53,288 
Cash at bank and in hand
20,319 
8,161 
126,251 
61,449 
Creditors: amounts falling due within one year
(103,596)
(63,073)
Net current assets/(liabilities)
22,655 
(1,624)
Total assets less current liabilities
22,928 
(50)
Creditors: amounts falling due after more than one year
(20,002)
(40,003)
Net assets/(liabilities)
2,926 
(40,053)
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
1,926 
(41,053)
Shareholders' funds
2,926 
(40,053)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 13 December 2023 and were signed on its behalf by
Mr. Finbarr Peter Doyle Director Company Registration No. 12005281
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Procurement 4 House Builders Limited Notes to the Accounts for the year ended 31 May 2023
1
Statutory information
Procurement 4 House Builders Limited is a private company, limited by shares, registered in England and Wales, registration number 12005281. The registered office is 85 Great Portland Street,, London,, England,, W1W 7LT.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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
15 % Straight Line Method
Computer equipment
33 % Straight Line Method
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 June 2022
80 
3,866 
3,946 
At 31 May 2023
80 
3,866 
3,946 
Depreciation
At 1 June 2022
20 
2,352 
2,372 
Charge for the year
12 
1,289 
1,301 
At 31 May 2023
32 
3,641 
3,673 
Net book value
At 31 May 2023
48 
225 
273 
At 31 May 2022
60 
1,514 
1,574 
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Procurement 4 House Builders Limited Notes to the Accounts for the year ended 31 May 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
228 
Trade debtors
95,274 
12,534 
Accrued income and prepayments
268 
- 
Other debtors
10,390 
28,306 
105,932 
41,068 
Amounts falling due after more than one year
Other debtors
- 
12,220 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,000 
- 
VAT
858 
- 
Trade creditors
27,248 
63,073 
Taxes and social security
10,597 
- 
Other creditors
54,880 
- 
Loans from directors
13 
- 
103,596 
63,073 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,002 
40,003 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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