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REGISTERED NUMBER: 07335190 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

P S BUILDING CONTRACTORS LIMITED

P S BUILDING CONTRACTORS LIMITED (REGISTERED NUMBER: 07335190)






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


P S BUILDING CONTRACTORS LIMITED

Company Information
for the Year Ended 31 December 2023







DIRECTOR: P Sarnicki





REGISTERED OFFICE: 2 Waterworks Cottages
Basingstoke Road
Shalden
Hampshire
GU34 5QW





REGISTERED NUMBER: 07335190 (England and Wales)





ACCOUNTANTS: B20 Limited
Chartered Certified Accountants
Charwell House
Wilsom Road
Alton
Hampshire
GU34 2PP

P S BUILDING CONTRACTORS LIMITED (REGISTERED NUMBER: 07335190)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Tangible assets 5 17,041 18,467

CURRENT ASSETS
Debtors 6 523 5,163
Cash at bank 26,181 14,466
26,704 19,629
CREDITORS
Amounts falling due within one year 7 (31,821 ) (16,866 )
NET CURRENT (LIABILITIES)/ASSETS (5,117 ) 2,763
TOTAL ASSETS LESS CURRENT
LIABILITIES

11,924

21,230

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 11,922 21,228
SHAREHOLDERS' FUNDS 11,924 21,230

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 April 2024 and were signed by:



P Sarnicki - Director


P S BUILDING CONTRACTORS LIMITED (REGISTERED NUMBER: 07335190)

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

1. STATUTORY INFORMATION

P S BUILDING CONTRACTORS 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the provision of services in the ordinary course of the company's activities, stated net of discount and sales taxes.

The company recognises revenue when the amount of revenue can be reliably measured and it is probable that future economic benefits will flow to the entity.

Tangible fixed assets
Tangible assets are stated in the balance sheet at cost less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 3 ) .

P S BUILDING CONTRACTORS LIMITED (REGISTERED NUMBER: 07335190)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 102,859
Additions 6,380
At 31 December 2023 109,239
DEPRECIATION
At 1 January 2023 84,392
Charge for year 7,806
At 31 December 2023 92,198
NET BOOK VALUE
At 31 December 2023 17,041
At 31 December 2022 18,467

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors - 5,163
Other debtors 523 -
523 5,163

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Hire purchase contracts - 2,302
Taxation and social security 11,931 5,669
Other creditors 19,890 8,895
31,821 16,866