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REGISTERED NUMBER: 03017968 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2023

FOR

P J INDUSTRIAL SUPPLIES LIMITED

P J INDUSTRIAL SUPPLIES LIMITED (REGISTERED NUMBER: 03017968)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P J INDUSTRIAL SUPPLIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTOR: Mr M Price





SECRETARY:





REGISTERED OFFICE: Unit 1
Aldridge Depot Industrial Estate
Brickyard Road
Aldridge
West Midlands
WS9 8SR





REGISTERED NUMBER: 03017968 (England and Wales)





ACCOUNTANTS: Sagoo & Co
Accountants
24 Leofric Close
Kings Bromley
Staffordshire
DE13 7JP

P J INDUSTRIAL SUPPLIES LIMITED (REGISTERED NUMBER: 03017968)

BALANCE SHEET
30 APRIL 2023

30.4.23 30.4.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,877 8,812

CURRENT ASSETS
Stocks 5 5,300 5,600
Debtors 6 58,751 51,350
Cash at bank and in hand 23,638 7,036
87,689 63,986
CREDITORS
Amounts falling due within one year 7 47,399 35,569
NET CURRENT ASSETS 40,290 28,417
TOTAL ASSETS LESS CURRENT
LIABILITIES

47,167

37,229

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 47,067 37,129
SHAREHOLDERS' FUNDS 47,167 37,229

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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.

P J INDUSTRIAL SUPPLIES LIMITED (REGISTERED NUMBER: 03017968)

BALANCE SHEET - continued
30 APRIL 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 January 2024 and were signed by:





Mr M Price - Director


P J INDUSTRIAL SUPPLIES LIMITED (REGISTERED NUMBER: 03017968)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

P J Industrial Supplies 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 - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 ) .

P J INDUSTRIAL SUPPLIES LIMITED (REGISTERED NUMBER: 03017968)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 May 2022
and 30 April 2023 33,472 13,463 7,613 54,548
DEPRECIATION
At 1 May 2022 26,743 12,722 6,271 45,736
Charge for year 1,554 112 269 1,935
At 30 April 2023 28,297 12,834 6,540 47,671
NET BOOK VALUE
At 30 April 2023 5,175 629 1,073 6,877
At 30 April 2022 6,729 741 1,342 8,812

5. STOCKS
30.4.23 30.4.22
£    £   
Stocks 5,300 5,600

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade debtors 57,689 50,419
Deferred tax asset 115 64
Prepayments 947 867
58,751 51,350

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.23 30.4.22
£    £   
Trade creditors 30,870 18,726
Tax 7,366 6,597
Social security and other taxes 57 303
VAT 6,674 7,476
Directors' current accounts 669 669
Accrued expenses 1,763 1,798
47,399 35,569

P J INDUSTRIAL SUPPLIES LIMITED (REGISTERED NUMBER: 03017968)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.4.23 30.4.22
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 May 2022 37,129
Profit for the year 30,438
Dividends (20,500 )
At 30 April 2023 47,067