PBS ENGINEERING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023
Company registration number SC424427 (Scotland)
PAGES FOR FILING WITH REGISTRAR
PBS ENGINEERING LTD
BALANCE SHEET
- 1 -
2023
2022
£
£
£
£
Fixed assets
4,628
1,273
Current assets
1,129
5,672
Creditors: amounts falling due within one year
(19,622)
(14,174)
Net current liabilities
(18,493)
(8,502)
Total assets less current liabilities
(13,865)
(7,229)
Creditors: amounts falling due after more than one year
(700)
Net liabilities
(14,565)
(7,229)
Capital and reserves
(14,565)
(7,229)
Notes to the financial statements
1
Employees
The average number of persons, including directors, employed by the company during the year was as follows:
2023
2022
Number
Number
Employees
1
1
2
Related parties
Included within 'Creditors: amounts falling due within one year' is the amount of £16,022 (2022 - £12,266) due by the company to its director. This loan is repayable on demand and does not bear interest.
3
Going concern
The director has indicated their willingness to continue their financial support of the company and for this reason the going concern basis is considered appropriate for the preparation of the financial statements.
PBS Engineering Ltd is a private company limited by shares incorporated in Scotland. The registered office is Unit 1a Lugtonridge, Lochlibo Road, Burnhouse, North Ayrshire, KA15 1LE.
For the year ended 31 May 2023 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 member has not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
PBS ENGINEERING LTD
BALANCE SHEET (CONTINUED)
- 2 -
These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 19 February 2024
..............................................
Mr P Bracken
Director
Company registration number SC424427 (Scotland)