Company Registration No. 03555145 (England and Wales)
PSP Electrical Services Limited
Unaudited accounts
for the year ended 30 April 2024
PSP Electrical Services Limited
Unaudited accounts
Contents
PSP Electrical Services Limited
Company Information
for the year ended 30 April 2024
Company Number
03555145 (England and Wales)
Registered Office
Sun Place
13 Sun Street
Biggleswade
Beds
SG18 0BP
PSP Electrical Services Limited
Statement of financial position
as at 30 April 2024
Tangible assets
69,069
35,647
Cash at bank and in hand
157,730
119,234
Creditors: amounts falling due within one year
(145,756)
(63,023)
Net current assets
169,310
150,419
Net assets
238,379
186,066
Called up share capital
2
2
Profit and loss account
238,377
186,064
Shareholders' funds
238,379
186,066
For the year ending 30 April 2024 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 31 July 2024 and were signed on its behalf by
Paul Papworth
Director
Company Registration No. 03555145
PSP Electrical Services Limited
Notes to the Accounts
for the year ended 30 April 2024
PSP Electrical Services Limited is a private company, limited by shares, registered in England and Wales, registration number 03555145. The registered office is Sun Place, 13 Sun Street, Biggleswade, Beds, SG18 0BP.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Motor vehicles
Charge for the year
15,161
Surplus on revaluation
(3,088)
PSP Electrical Services Limited
Notes to the Accounts
for the year ended 30 April 2024
Amounts falling due within one year
Trade debtors
141,636
61,708
Other debtors
10,000
27,500
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
43,091
24,684
Taxes and social security
49,682
17,807
7
Average number of employees
During the year the average number of employees was 2 (2023: 2).