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
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
Profleet Commercial Services Limited
Statement of financial position
as at 31 March 2024
Tangible assets
74,717
10,295
Cash at bank and in hand
2,740,592
2,652,911
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
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
Profleet Commercial Services Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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.
4
Intangible fixed assets
Goodwill
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
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
At 31 March 2024
182
73,426
1,109
74,717
At 31 March 2023
365
8,276
1,654
10,295
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
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Creditors: amounts falling due within one year
2024
2023
Trade creditors
181,694
78,047
Taxes and social security
106,028
113,359
Loans from directors
-
90,767
8
Average number of employees
During the year the average number of employees was 15 (2023: 15).