PISHU COMMERCIAL SPARES LIMITED

Company Registration Number:
06287898 (England and Wales)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

PISHU COMMERCIAL SPARES LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

PISHU COMMERCIAL SPARES LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Current assets
Debtors:   272,046 327,611
Cash at bank and in hand: 272,642 294,144
Total current assets: 544,688 621,755
Creditors: amounts falling due within one year: 3 (10,060) (39,878)
Net current assets (liabilities): 534,628 581,877
Total assets less current liabilities: 534,628 581,877
Total net assets (liabilities): 534,628 581,877
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 534,528 581,777
Shareholders funds: 534,628 581,877

The notes form part of these financial statements

PISHU COMMERCIAL SPARES LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 03 January 2024
and signed on behalf of the board by:

Name: Mr P Hundalani
Status: Director

The notes form part of these financial statements

PISHU COMMERCIAL SPARES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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

Tangible fixed assets and depreciation policy

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: Plant & machinery 25% straight line

Valuation and information policy

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

Other accounting policies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate at the date of transaction. Exchange rate differences are taken into account in arriving at the operating result.

PISHU COMMERCIAL SPARES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

PISHU COMMERCIAL SPARES LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Creditors: amounts falling due within one year note

Trade creditors £nil (2022: £6,570)Taxation and social security £nil (2022: £26,093)Other creditors £10,060 (2022:£7,215)