1 31/12/2023 2023-12-31 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-01-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 10524933 2023-01-01 2023-12-31 10524933 2023-12-31 10524933 2022-01-01 2022-12-31 10524933 2022-12-31 10524933 bus:Director1 2023-01-01 2023-12-31 10524933 core:WithinOneYear 2023-12-31 10524933 core:WithinOneYear 2022-12-31 10524933 bus:Director1 2021-12-31 10524933 bus:Director1 2022-01-01 2022-12-31 10524933 bus:Micro-entities 2023-01-01 2023-12-31 10524933 bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 10524933 bus:FullAccounts 2023-01-01 2023-12-31 10524933 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 10524933 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31
Company registration number: 10524933
Power Efficient Solutions Ltd
Unaudited filleted financial statements
31 December 2023
Power Efficient Solutions Ltd
Contents
Statement of financial position and notes to the financial statements
Power Efficient Solutions Ltd
Statement of financial position
31 December 2023
2023 2022
£ £
Fixed assets 3,259 4,233
_______ _______
Current assets 7,668 25,631
Creditors: amounts falling due within one year ( 7,280) ( 22,188)
_______ _______
Net current assets 388 3,443
_______ _______
Total assets less current liabilities 3,647 7,676
Accruals and deferred income ( 1,013) ( 1,013)
_______ _______
Net assets 2,634 6,663
_______ _______
Capital and reserves 2,634 6,663
_______ _______
Notes to the financial statements
Power Efficient Solutions Ltd
Year ended 31 December 2023
1. Employee numbers
The average number of persons employed by the company during the year amounted to 1 (2022: 1 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr Stephen Garnett - - - -
_______ _______ _______ _______
2022
Balance brought forward Advances /(credits) to the director Amounts repaid Balance o/standing
£ £ £ £
Mr Stephen Garnett 2,883 8,292 ( 11,175) -
_______ _______ _______ _______
The above loan to the director Stephen Garnett was interest free and repayable to the company on demand.
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 12 April 2024 , and are signed on behalf of the board by:
Mr Stephen Garnett
Director
Company registration number: 10524933
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 6 Whelan Gardens, St Helens, Merseyside, WA9 5TD.