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REGISTERED NUMBER: 13087545 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

PBOC Limited

PBOC Limited (Registered number: 13087545)

Contents of the Financial Statements
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PBOC Limited

Company Information
for the Year Ended 31 December 2023







DIRECTOR: P B O'Connor





SECRETARY:





REGISTERED OFFICE: Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS





REGISTERED NUMBER: 13087545 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

PBOC Limited (Registered number: 13087545)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 33,569 15,270

CURRENT ASSETS
Debtors 5 2,972 -
Cash at bank and in hand 12,450 16,417
15,422 16,417
CREDITORS
Amounts falling due within one year 6 35,594 12,612
NET CURRENT (LIABILITIES)/ASSETS (20,172 ) 3,805
TOTAL ASSETS LESS CURRENT
LIABILITIES

13,397

19,075

CREDITORS
Amounts falling due after more than one year 7 (5,267 ) (10,290 )

PROVISIONS FOR LIABILITIES 8 (6,378 ) (2,771 )
NET ASSETS 1,752 6,014

RESERVES
Retained earnings 1,752 6,014
1,752 6,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 March 2024 and were signed by:



P B O'Connor - Director


PBOC Limited (Registered number: 13087545)

Notes to the Financial Statements
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

PBOC Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

PBOC Limited (Registered number: 13087545)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 3,000 20,069 - 23,069
Additions - 22,344 44 22,388
At 31 December 2023 3,000 42,413 44 45,457
DEPRECIATION
At 1 January 2023 900 6,899 - 7,799
Charge for year 315 3,759 15 4,089
At 31 December 2023 1,215 10,658 15 11,888
NET BOOK VALUE
At 31 December 2023 1,785 31,755 29 33,569
At 31 December 2022 2,100 13,170 - 15,270

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
VAT 2,972 -

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 22,719 -
Social security and other taxes 676 411
Directors' loan accounts 11,599 11,601
Accrued expenses 600 600
35,594 12,612

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts 5,267 10,290

8. PROVISIONS FOR LIABILITIES
31.12.23 31.12.22
£    £   
Deferred tax 6,378 2,771

PBOC Limited (Registered number: 13087545)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2023 2,771
Deferred Tax 3,607
Balance at 31 December 2023 6,378

9. RELATED PARTY DISCLOSURES

The company is controlled by the company director.