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REGISTERED NUMBER: 09091452 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2023

for

Pvctt Limited

Pvctt Limited (Registered number: 09091452)






Contents of the Financial Statements
for the Year Ended 30 June 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pvctt Limited

Company Information
for the Year Ended 30 June 2023







DIRECTOR: P S Smith





REGISTERED OFFICE: 54 Priory Road
Harold Hill
Romford
RM3 9AT





REGISTERED NUMBER: 09091452 (England and Wales)





ACCOUNTANTS: Suffolk Tax Accountants Group
9 Byford Court
Crockatt Road
Hadleigh
Ipswich
Suffolk
IP7 6RD

Pvctt Limited (Registered number: 09091452)

Balance Sheet
30 June 2023

30.6.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 86,955 9,977

CURRENT ASSETS
Debtors 5 7,592 26,275
Cash at bank 17,035 15,320
24,627 41,595
CREDITORS
Amounts falling due within one year 6 29,192 28,617
NET CURRENT (LIABILITIES)/ASSETS (4,565 ) 12,978
TOTAL ASSETS LESS CURRENT LIABILITIES 82,390 22,955

CREDITORS
Amounts falling due after more than one year 7 (62,410 ) (20,600 )

PROVISIONS FOR LIABILITIES 8 (19,565 ) (1,896 )
NET ASSETS 415 459

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 315 359
SHAREHOLDERS' FUNDS 415 459

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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 12 January 2024 and were signed by:





P S Smith - Director


Pvctt Limited (Registered number: 09091452)

Notes to the Financial Statements
for the Year Ended 30 June 2023

1. STATUTORY INFORMATION

Pvctt 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on cost

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
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 - 3 ) .

Pvctt Limited (Registered number: 09091452)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 July 2022 30,487 6,880 37,367
Additions 81,940 1,778 83,718
At 30 June 2023 112,427 8,658 121,085
DEPRECIATION
At 1 July 2022 23,039 4,351 27,390
Charge for year 5,276 1,464 6,740
At 30 June 2023 28,315 5,815 34,130
NET BOOK VALUE
At 30 June 2023 84,112 2,843 86,955
At 30 June 2022 7,448 2,529 9,977

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
Additions 81,940
At 30 June 2023 81,940
DEPRECIATION
Charge for year 3,414
At 30 June 2023 3,414
NET BOOK VALUE
At 30 June 2023 78,526

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Other debtors 7,592 26,275

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 7,585 6,531
Hire purchase contracts 17,530 -
Taxation and social security 4,077 22,086
29,192 28,617

Pvctt Limited (Registered number: 09091452)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans 14,201 20,600
Hire purchase contracts 48,209 -
62,410 20,600

8. PROVISIONS FOR LIABILITIES
30.6.23 30.6.22
£    £   
Deferred tax
Accelerated capital allowances 19,565 1,896

Deferred
tax
£   
Balance at 1 July 2022 1,896
Provided during year 17,669
Balance at 30 June 2023 19,565

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.6.23 30.6.22
value: £    £   
100 Ordinary A 1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 30 June 2023 and 30 June 2022:

30.6.23 30.6.22
£    £   
P S Smith and P S Smith
Balance outstanding at start of year 26,275 -
Amounts advanced 93,057 136,007
Amounts repaid (111,745 ) (109,732 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,587 26,275

The balance owed to the company at the year-end date will be repaid with unpaid dividends from future profits post the year-end date.