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Company Registration No. 05031377 (England and Wales)
Profleet Commercial Services Limited Unaudited accounts for the year ended 31 March 2024
Profleet Commercial Services Limited Unaudited accounts Contents
Page
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Profleet Commercial Services Limited Company Information for the year ended 31 March 2024
Directors
S Shaw M Pollard
Company Number
05031377 (England and Wales)
Registered Office
Bell Hill Wood Lane Leeds West Yorkshire LS26 0RS United Kingdom
Accountants
qbx- the quickbooks accountants South Cottage Wood Langham Market Rasen Lincolnshire LN8 3QR
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Profleet Commercial Services Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
74,717 
10,295 
Current assets
Inventories
9,500 
9,500 
Debtors
353,387 
435,906 
Cash at bank and in hand
2,740,592 
2,652,911 
3,103,479 
3,098,317 
Creditors: amounts falling due within one year
(647,064)
(658,802)
Net current assets
2,456,415 
2,439,515 
Total assets less current liabilities
2,531,132 
2,449,810 
Provisions for liabilities
Deferred tax
(18,679)
(1,956)
Net assets
2,512,453 
2,447,854 
Capital and reserves
Called up share capital
840 
840 
Capital redemption reserve
320 
320 
Profit and loss account
2,511,293 
2,446,694 
Shareholders' funds
2,512,453 
2,447,854 
For the year ending 31 March 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 directors acknowledge their 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 of Directors and authorised for issue on 6 August 2024 and were signed on its behalf by
M Pollard Director Company Registration No. 05031377
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Profleet Commercial Services Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Profleet Commercial Services Limited is a private company, limited by shares, registered in England and Wales, registration number 05031377. The registered office is Bell Hill, Wood Lane, Leeds, West Yorkshire, LS26 0RS, United Kingdom.
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.
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:
Plant & machinery
50% Reducing balance
Motor vehicles
50% Reducing balance
Fixtures & fittings
33% Reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 April 2023
138,452 
At 31 March 2024
138,452 
Amortisation
At 1 April 2023
138,452 
At 31 March 2024
138,452 
Net book value
At 31 March 2024
- 
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Profleet Commercial Services Limited Notes to the Accounts for the year ended 31 March 2024
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
46,239 
228,907 
29,171 
304,317 
Additions
- 
138,732 
- 
138,732 
Disposals
- 
(19,623)
- 
(19,623)
At 31 March 2024
46,239 
348,016 
29,171 
423,426 
Depreciation
At 1 April 2023
45,874 
220,631 
27,517 
294,022 
Charge for the year
183 
73,429 
545 
74,157 
On disposals
- 
(19,470)
- 
(19,470)
At 31 March 2024
46,057 
274,590 
28,062 
348,709 
Net book value
At 31 March 2024
182 
73,426 
1,109 
74,717 
At 31 March 2023
365 
8,276 
1,654 
10,295 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
343,054 
334,806 
Accrued income and prepayments
1,100 
1,100 
Other debtors
9,233 
100,000 
353,387 
435,906 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
55,606 
72,893 
Trade creditors
181,694 
78,047 
Taxes and social security
106,028 
113,359 
Loans from directors
- 
90,767 
Accruals
303,736 
303,736 
647,064 
658,802 
8
Average number of employees
During the year the average number of employees was 15 (2023: 15).
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