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Company Registration No. 07862507 (England and Wales)
PCD Accountancy Limited Unaudited accounts for the year ended 31 March 2024
PCD Accountancy Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
997 
1,070 
Investments
1 
1 
998 
1,071 
Current assets
Debtors
2,164 
3,630 
Cash at bank and in hand
16,117 
17,537 
18,281 
21,167 
Creditors: amounts falling due within one year
(5,573)
(5,315)
Net current assets
12,708 
15,852 
Total assets less current liabilities
13,706 
16,923 
Provisions for liabilities
Deferred tax
(189)
(203)
Net assets
13,517 
16,720 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
13,516 
16,719 
Shareholders' funds
13,517 
16,720 
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 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 9 August 2024 and were signed on its behalf by
P C Davenport Director Company Registration No. 07862507
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PCD Accountancy Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
PCD Accountancy Limited is a private company, limited by shares, registered in England and Wales, registration number 07862507. The registered office is 17 Oak Tree Close, Hardwicke, Gloucester, GL2 4TJ.
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.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of services performed for clients. Turnover is recognised when the company obtains the right to consideration.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
25% on cost
Computer equipment
25% on cost
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
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PCD Accountancy Limited Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
1,660 
2,835 
4,495 
Additions
- 
499 
499 
At 31 March 2024
1,660 
3,334 
4,994 
Depreciation
At 1 April 2023
973 
2,452 
3,425 
Charge for the year
314 
258 
572 
At 31 March 2024
1,287 
2,710 
3,997 
Net book value
At 31 March 2024
373 
624 
997 
At 31 March 2023
687 
383 
1,070 
5
Investments
Subsidiary undertakings 
£ 
Valuation at 1 April 2023
1 
Valuation at 31 March 2024
1 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
2,164 
3,630 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
1,328 
1,489 
Taxes and social security
2,515 
2,186 
Other creditors
1,730 
1,640 
5,573 
5,315 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
9
Transactions with related parties
The company was under the control of the director throughout the current and previous years. The director is the sole shareholder in the company.
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PCD Accountancy Limited Notes to the Accounts for the year ended 31 March 2024
10
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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