P R PANELS LIMITED

Company Registration Number:
05531764 (England and Wales)

Unaudited abridged accounts for the year ended 30 September 2023

Period of accounts

Start date: 01 October 2022

End date: 30 September 2023

P R PANELS LIMITED

Contents of the Financial Statements

for the Period Ended 30 September 2023

Balance sheet
Notes

P R PANELS LIMITED

Balance sheet

As at 30 September 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 43,515 39,050
Total fixed assets: 43,515 39,050
Current assets
Stocks: 142,000 165,358
Debtors:   186,933 172,323
Cash at bank and in hand: 134,606 128,608
Total current assets: 463,539 466,289
Creditors: amounts falling due within one year:   (424,589) (515,956)
Net current assets (liabilities): 38,950 (49,667)
Total assets less current liabilities: 82,465 (10,617)
Total net assets (liabilities): 82,465 (10,617)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 82,365 (10,717)
Shareholders funds: 82,465 (10,617)

The notes form part of these financial statements

P R PANELS LIMITED

Balance sheet statements

For the year ending 30 September 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 31 July 2024
and signed on behalf of the board by:

Name: P BESCOBY
Status: Director

The notes form part of these financial statements

P R PANELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 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 R PANELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

2. Employees

2023 2022
Average number of employees during the period 7 7

P R PANELS LIMITED

Notes to the Financial Statements

for the Period Ended 30 September 2023

3. Tangible Assets

Total
Cost £
At 01 October 2022 123,096
Additions 39,590
Disposals (63,714)
At 30 September 2023 98,972
Depreciation
At 01 October 2022 84,046
Charge for year 14,150
On disposals (42,739)
At 30 September 2023 55,457
Net book value
At 30 September 2023 43,515
At 30 September 2022 39,050