Pl Smart Electrical Solution Ltd |
Registered Number:11281898 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
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
Pl Smart Electrical Solution Ltd
Statement of Financial Position
2022
2023
Property, plant and equipment |
409
1,457
2
409
1,457
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)
1
1
(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 |
1 of 3
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. |
First Floor
59 Coton Road
Nuneaton
CV11 5TS
The presentation currency is £ sterling. |
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: |
Computer Equipment
Motor Vehicles
2. Property, plant and equipment |
Motor Vehicles
16,833
2,133
14,700
14,700
2,133
16,833
Provision for depreciation and impairment |
15,376
1,288
14,088
Charge for year
1,048
436
612
16,424
1,724
14,700
-
409
409
612
845
1,457
2 of 3
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
-
193
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
80
330
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)
3 of 3