Registration number:
PI2 Ltd
for the Year Ended 30 November 2023
PI2 Ltd
(Registration number: 11389180)
Balance Sheet as at 30 November 2023
Note |
2023 |
2022 |
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Fixed assets |
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Investments |
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Current assets |
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Cash at bank and in hand |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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Creditors: Amounts falling due after more than one year |
- |
( |
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Net assets |
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Capital and reserves |
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Called up share capital |
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Profit and loss account |
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Shareholders' funds |
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PI2 Ltd
(Registration number: 11389180)
Balance Sheet as at 30 November 2023
For the financial year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.
Approved and authorised by the
......................................... |
PI2 Ltd
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
General information |
The company is a private company limited by share capital, incorporated in England and Wales.
The address of its registered office is:
UK
Accounting policies |
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.
Revenue recognition
Turnover comprises the fair value of the consideration received or receivable for the recharge of expenditure in the ordinary course of the company’s activities.
Investments
Investments in subsidiary undertakings are recognised at cost and are subject to an annual impairment review
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Investments |
2023 |
2022 |
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Investments in subsidiaries |
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PI2 Ltd
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Subsidiaries |
£ |
Cost or valuation |
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At 1 December 2022 |
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Provision |
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Carrying amount |
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At 30 November 2023 |
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At 30 November 2022 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2023 |
2022 |
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Subsidiary undertakings |
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7-9 Macon Court, Crewe, Cheshire, CW1 6EA United Kingdom |
Ordinary A |
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Subsidiary undertakings |
Power Installations (UK) Limited The principal activity of Power Installations (UK) Limited is |
PI2 Ltd
Notes to the Unaudited Financial Statements for the Year Ended 30 November 2023
Creditors |
Creditors: amounts falling due within one year
2023 |
2022 |
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Due within one year |
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Other borrowings |
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Other creditors |
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Included within other borrowings is a loan secured by a floating and fixed charge over all property and undertaking of the company.
Creditors: amounts falling due after more than one year
2023 |
2022 |
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Due after one year |
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Other borrowings |
- |
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Included within other borrowings is a loan secured by a floating and fixed charge over all property and undertaking of the company.