2022-04-01 11281898 2023-03-31 11281898 2022-04-01 2023-03-31 11281898 2022-03-31 11281898 2021-04-01 2022-03-31 11281898 uk-core:WithinOneYear 2022-03-31 11281898 uk-core:WithinOneYear 2023-03-31 11281898 uk-core:AfterOneYear 2022-03-31 11281898 uk-core:AfterOneYear 2023-03-31 11281898 uk-core:ShareCapital 2023-03-31 11281898 uk-core:ShareCapital 2022-03-31 11281898 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 11281898 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 11281898 uk-bus:Director1 2022-04-01 2023-03-31 11281898 uk-core:ComputerEquipment 2022-04-01 2023-03-31 11281898 uk-core:CommercialMotorVehicles 2022-04-01 2023-03-31 11281898 uk-core:ComputerEquipment 2022-03-31 11281898 uk-core:CommercialMotorVehicles 2022-03-31 11281898 uk-core:CommercialMotorVehicles 2023-03-31 11281898 uk-core:ComputerEquipment 2023-03-31 11281898 uk-core:WithinOneYear uk-core:Secured 2023-03-31 11281898 uk-core:WithinOneYear uk-core:Secured 2022-03-31 iso4217:GBP xbrli:pure 11281898 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 11281898 uk-bus:FRS102 2022-04-01 2023-03-31 11281898 uk-bus:FullAccounts 2022-04-01 2023-03-31 11281898 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
Pl Smart Electrical Solution Ltd
Registered Number:11281898
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
Pl Smart Electrical Solution Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
11281898
As at 31 March 2023
Pl Smart Electrical Solution Ltd
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
409
1,457
2
409
1,457
Current assets
Trade and other receivables
686
1
3
10,457
Cash and cash equivalents
551
552
11,143
Trade and other payables: amounts falling due within one
year
(11,275)
(12,305)
4
(132)
(11,753)
Net current liabilities
Total assets less current liabilities
(11,344)
1,325
Trade and other payables: amounts falling due after more
than one year
(14,567)
(9,967)
5
(21,311)
Net liabilities
(13,242)
Capital and reserves
Called up share capital
1
1
Retained earnings
(21,312)
(13,243)
(21,311)
(13,242)
Shareholders' funds
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 members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
b) preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of
each financial year and of its profit or loss for each financial year in accordance with the requirements of Section
394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial
statements, so far as applicable to the company.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Adrian Porada Director
These financial statements were approved and authorised for issue by the Board on 13 February 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
Pl Smart Electrical Solution Ltd
Notes to the Financial Statements
Statutory Information
Pl Smart Electrical Solution Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 11281898.
Registered address:
First Floor
59 Coton Road
Nuneaton
CV11 5TS
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
30 Straight line
Computer Equipment
25 Straight line
Motor Vehicles
2. Property, plant and equipment
Total
Computer
Equipment
Motor Vehicles
£
£
£
Cost or
valuation
At 01 April 2022
16,833
2,133
14,700
At 31 March 2023
14,700
2,133
16,833
Provision for depreciation and impairment
At 01 April 2022
15,376
1,288
14,088
Charge for year
1,048
436
612
At 31 March 2023
16,424
1,724
14,700
At 31 March 2023
Net book value
-
409
409
At 31 March 2022
612
845
1,457
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5
For the year ended 31 March 2023
Pl Smart Electrical Solution Ltd
Notes to the Financial Statements Continued
3. Trade and other receivables
2022
2023
£
£
Trade debtors
-
193
Other debtors
1
493
686
1
4. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Bank loans and overdraft (secured)
4,600
4,600
Trade creditors
80
330
Other creditors
7,625
6,345
12,305
11,275
5. Trade and other payables: amounts falling due after more than one year
2022
2023
£
£
Bank loans and overdraft (secured)
9,967
14,567
6. Average number of persons employed
During the year the average number of employees was 1 (2022 : 1)
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