Company Registration No. 05405037 (England and Wales)
PS CLADDING DESIGN LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
PAGES FOR FILING WITH REGISTRAR
PS CLADDING DESIGN LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PS CLADDING DESIGN LIMITED
BALANCE SHEET
AS AT
31 MARCH 2024
31 March 2024
- 1 -
2024
2023
Notes
£
£
£
£
Current assets
Cash at bank and in hand
235
235
Creditors: amounts falling due within one year
4
(4,024)
(3,844)
Net current liabilities
(3,789)
(3,609)
Capital and reserves
Called up share capital
100
100
Profit and loss reserves
(3,889)
(3,709)
Total equity
(3,789)
(3,609)

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 March 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved and signed by the director and authorised for issue on 4 April 2024
Mr P Sylvester
Director
Company Registration No. 05405037
PS CLADDING DESIGN LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024
- 2 -
1
Accounting policies
Company information

PS Cladding Design Limited is a private company limited by shares incorporated in England and Wales. The registered office is 227A West Street, Fareham, Hants, PO16 0HZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

 

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
1
1
PS CLADDING DESIGN LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 MARCH 2024
- 3 -
4
Creditors: amounts falling due within one year
2024
2023
£
£
Other creditors
4,024
3,844
2024-03-312023-04-01false04 April 2024CCH SoftwareCCH Accounts Production 2023.100No description of principal activityMr P SylvesterMiss K Oliver054050372023-04-012024-03-31054050372024-03-31054050372023-03-3105405037core:CurrentFinancialInstrumentscore:WithinOneYear2024-03-3105405037core:CurrentFinancialInstrumentscore:WithinOneYear2023-03-3105405037core:ShareCapital2024-03-3105405037core:ShareCapital2023-03-3105405037core:RetainedEarningsAccumulatedLosses2024-03-3105405037core:RetainedEarningsAccumulatedLosses2023-03-3105405037bus:Director12023-04-012024-03-31054050372022-04-012023-03-3105405037core:CurrentFinancialInstruments2024-03-3105405037core:CurrentFinancialInstruments2023-03-3105405037bus:PrivateLimitedCompanyLtd2023-04-012024-03-3105405037bus:SmallCompaniesRegimeForAccounts2023-04-012024-03-3105405037bus:FRS1022023-04-012024-03-3105405037bus:AuditExemptWithAccountantsReport2023-04-012024-03-3105405037bus:CompanySecretary12023-04-012024-03-3105405037bus:FullAccounts2023-04-012024-03-31xbrli:purexbrli:sharesiso4217:GBP