IRIS Accounts Production v23.4.0.336 03585207 director 1.4.22 30.3.23 30.3.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh035852072022-03-31035852072023-03-30035852072022-04-012023-03-30035852072021-03-31035852072021-04-012022-03-31035852072022-03-3103585207ns15:EnglandWales2022-04-012023-03-3003585207ns14:PoundSterling2022-04-012023-03-3003585207ns10:Director12022-04-012023-03-3003585207ns10:PrivateLimitedCompanyLtd2022-04-012023-03-3003585207ns10:SmallEntities2022-04-012023-03-3003585207ns10:AuditExempt-NoAccountantsReport2022-04-012023-03-3003585207ns10:SmallCompaniesRegimeForDirectorsReport2022-04-012023-03-3003585207ns10:SmallCompaniesRegimeForAccounts2022-04-012023-03-3003585207ns10:FullAccounts2022-04-012023-03-3003585207ns10:RegisteredOffice2022-04-012023-03-3003585207ns5:CurrentFinancialInstruments2023-03-3003585207ns5:CurrentFinancialInstruments2022-03-3103585207ns5:Non-currentFinancialInstruments2023-03-3003585207ns5:Non-currentFinancialInstruments2022-03-3103585207ns5:ShareCapital2023-03-3003585207ns5:ShareCapital2022-03-3103585207ns5:RetainedEarningsAccumulatedLosses2023-03-3003585207ns5:RetainedEarningsAccumulatedLosses2022-03-3103585207ns5:PlantMachinery2022-04-012023-03-3003585207ns5:PlantMachinery2022-03-3103585207ns5:PlantMachinery2023-03-3003585207ns5:PlantMachinery2022-03-3103585207ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-03-3003585207ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-03-3103585207ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-03-3003585207ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-03-3103585207ns5:RetainedEarningsAccumulatedLosses2022-03-3103585207ns5:RetainedEarningsAccumulatedLosses2022-04-012023-03-30
REGISTERED NUMBER: 03585207 (England and Wales)












FINANCIAL STATEMENTS

FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023

FOR

PJI AUTOS LIMITED

PJI AUTOS LIMITED (REGISTERED NUMBER: 03585207)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PJI AUTOS LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023







DIRECTOR: C L Fisher





REGISTERED OFFICE: Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA





REGISTERED NUMBER: 03585207 (England and Wales)





ACCOUNTANTS: Segrave & Partners LLP
Chartered Accountants
Turnpike House
1208/1210 London Road
Leigh on Sea
Essex
SS9 2UA

PJI AUTOS LIMITED (REGISTERED NUMBER: 03585207)

BALANCE SHEET
30 MARCH 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,822 9,097

CURRENT ASSETS
Debtors 5 70,476 37,783
Cash at bank 22 510
70,498 38,293
CREDITORS
Amounts falling due within one year 6 50,407 22,773
NET CURRENT ASSETS 20,091 15,520
TOTAL ASSETS LESS CURRENT
LIABILITIES

26,913

24,617

CREDITORS
Amounts falling due after more than one
year

7

39,167

41,667
NET LIABILITIES (12,254 ) (17,050 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 8 (12,256 ) (17,052 )
SHAREHOLDERS' FUNDS (12,254 ) (17,050 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

PJI AUTOS LIMITED (REGISTERED NUMBER: 03585207)

BALANCE SHEET - continued
30 MARCH 2023


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 18 March 2024 and were signed by:





C L Fisher - Director


PJI AUTOS LIMITED (REGISTERED NUMBER: 03585207)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023

1. STATUTORY INFORMATION

PJI Autos 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 25% on reducing balance

Taxation
Taxation for the period 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 period 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 period was 4 (2022 - 5 ) .

PJI AUTOS LIMITED (REGISTERED NUMBER: 03585207)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 April 2022
and 30 March 2023 90,589
DEPRECIATION
At 1 April 2022 81,492
Charge for period 2,275
At 30 March 2023 83,767
NET BOOK VALUE
At 30 March 2023 6,822
At 31 March 2022 9,097

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 9,263 -
Other debtors 43,107 33,116
Directors' current accounts 13,439 -
Prepayments 4,667 4,667
70,476 37,783

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 9,797 -
Social security and other taxes 21,977 14,800
VAT 15,858 4,960
Directors' current accounts - 1,638
Accrued expenses 2,775 1,375
50,407 22,773

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loan 39,167 41,667

PJI AUTOS LIMITED (REGISTERED NUMBER: 03585207)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 APRIL 2022 TO 30 MARCH 2023

8. RESERVES
Retained
earnings
£   

At 1 April 2022 (17,052 )
Profit for the period 4,796
At 30 March 2023 (12,256 )

9. GOING CONCERN

At the balance sheet date the company had net deficiency of assets of £12,254 and was therefore dependant upon the continued support from its principle creditors, including the director.

The director has confirmed that she will continue to support the company for the foreseeable future.

The financial statements have therefore been prepared on the going concern basis.