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Company Registration No. 3809897 (England and Wales)
P.E.C.Mechanical Handling Ltd Unaudited accounts for the year ended 31 July 2023
P.E.C.Mechanical Handling Ltd Unaudited accounts Contents
Page
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P.E.C.Mechanical Handling Ltd Company Information for the year ended 31 July 2023
Director
Mr P Chapple
Company Number
3809897 (England and Wales)
Registered Office
Bridge Farm Besthorpe Road North Scarle Lincoln LN6 9EZ
Accountants
Mike Behan Accountant 21 Millbrook Close North Hykeham Lincoln LN6 9TA
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P.E.C.Mechanical Handling Ltd Statement of financial position as at 31 July 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
129,530 
105,855 
Current assets
Inventories
1,800 
1,750 
Debtors
36,201 
42,771 
Cash at bank and in hand
58,055 
80,638 
96,056 
125,159 
Creditors: amounts falling due within one year
(22,740)
(41,343)
Net current assets
73,316 
83,816 
Total assets less current liabilities
202,846 
189,671 
Creditors: amounts falling due after more than one year
(19,927)
(29,006)
Provisions for liabilities
Deferred tax
(11,730)
(6,400)
Net assets
171,189 
154,265 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
171,188 
154,264 
Shareholders' funds
171,189 
154,265 
For the year ending 31 July 2023 the company was entitled to exemption from audit 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 23 April 2024 and were signed on its behalf by
Mr P Chapple Director Company Registration No. 3809897
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P.E.C.Mechanical Handling Ltd Notes to the Accounts for the year ended 31 July 2023
1
Statutory information
P.E.C.Mechanical Handling Ltd is a private company, limited by shares, registered in England and Wales, registration number 3809897. The registered office is Bridge Farm, Besthorpe Road, North Scarle, Lincoln, LN6 9EZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on Reducing Balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 August 2022
67,793 
242,076 
83,465 
393,334 
Additions
- 
22,762 
21,490 
44,252 
At 31 July 2023
67,793 
264,838 
104,955 
437,586 
Depreciation
At 1 August 2022
- 
212,303 
75,176 
287,479 
Charge for the year
- 
13,133 
7,444 
20,577 
At 31 July 2023
- 
225,436 
82,620 
308,056 
Net book value
At 31 July 2023
67,793 
39,402 
22,335 
129,530 
At 31 July 2022
67,793 
29,773 
8,289 
105,855 
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P.E.C.Mechanical Handling Ltd Notes to the Accounts for the year ended 31 July 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
36,201 
42,771 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
11,000 
11,000 
VAT
4,397 
4,434 
Trade creditors
6,497 
15,522 
Taxes and social security
- 
8,399 
Other creditors
813 
1,955 
Loans from directors
33 
33 
22,740 
41,343 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
19,927 
29,006 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Average number of employees
During the year the average number of employees was 3 (2022: 3).
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