P.K. ENGINEERING (WEST BROMWICH) LIMITED

Company Registration Number:
02837582 (England and Wales)

Unaudited abridged accounts for the year ended 31 August 2023

Period of accounts

Start date: 01 September 2022

End date: 31 August 2023

P.K. ENGINEERING (WEST BROMWICH) LIMITED

Contents of the Financial Statements

for the Period Ended 31 August 2023

Balance sheet
Notes

P.K. ENGINEERING (WEST BROMWICH) LIMITED

Balance sheet

As at 31 August 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,838,579 1,686,630
Total fixed assets: 1,838,579 1,686,630
Current assets
Stocks: 10,000 50,448
Debtors:   608,098 494,529
Cash at bank and in hand: 109,991 105,808
Total current assets: 728,089 650,785
Creditors: amounts falling due within one year:   (648,526) (1,014,479)
Net current assets (liabilities): 79,563 (363,694)
Total assets less current liabilities: 1,918,142 1,322,936
Creditors: amounts falling due after more than one year:   (635,823) (318,965)
Provision for liabilities: (81,596) (81,596)
Total net assets (liabilities): 1,200,723 922,375
Capital and reserves
Called up share capital: 104 104
Profit and loss account: 1,200,619 922,271
Shareholders funds: 1,200,723 922,375

The notes form part of these financial statements

P.K. ENGINEERING (WEST BROMWICH) LIMITED

Balance sheet statements

For the year ending 31 August 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 13 March 2024
and signed on behalf of the board by:

Name: HARDEV S BURMI
Status: Director

The notes form part of these financial statements

P.K. ENGINEERING (WEST BROMWICH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 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

P.K. ENGINEERING (WEST BROMWICH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

2. Employees

2023 2022
Average number of employees during the period 11 11

P.K. ENGINEERING (WEST BROMWICH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

3. Tangible Assets

Total
Cost £
At 01 September 2022 3,228,916
Additions 368,088
At 31 August 2023 3,597,004
Depreciation
At 01 September 2022 1,542,286
Charge for year 216,139
At 31 August 2023 1,758,425
Net book value
At 31 August 2023 1,838,579
At 31 August 2022 1,686,630

P.K. ENGINEERING (WEST BROMWICH) LIMITED

Notes to the Financial Statements

for the Period Ended 31 August 2023

4. Loans to directors

Name of director receiving advance or credit: HARDIP S BURMI
Description of the loan: During the year, company made a loan to the director Mr. Hardip S Burmi. Amount outstanding as of the year end is £109,000.
£
Balance at 01 September 2022 3,533
Advances or credits made: 109,000
Advances or credits repaid: 3,533
Balance at 31 August 2023 109,000