Company registration number 06255619 (England and Wales)
PY CONTRACTS LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2024
PAGES FOR FILING WITH REGISTRAR
PY CONTRACTS LIMITED
BALANCE SHEET
AS AT
31 MAY 2024
31 May 2024
- 1 -
2024
2023
£
£
£
£
Fixed assets
2,150
4,235
Current assets
163,440
93,659
Creditors: amounts falling due within one year
(40,687)
(26,154)
Net current assets
122,753
67,505
Total assets less current liabilities
124,903
71,740
Net assets
124,903
71,740
Capital and reserves
124,903
71,740
Notes to the financial statements
1
Director's benefits: advances, credit and guarantees

The following advances and credits to a director subsisted during the year to 31 May 2024:

 

Year

Opening balance

Advanced

Repaid

Closing balance

 

 

 

 

 

2024

(19,419)

67,848

(27,267)

21,162

 

2
Employees

The average number of persons, including directors, employed by the company during the year was as follows:

2024
2023
Number
Number
Employees
1
1

PY Contracts Limited is a private company limited by shares incorporated in England and Wales. The registered office is Up Along, Taits Hill Road, Dursley, Gloucestershire, United Kingdom, GL11 6PT.

For the year ended 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

PY CONTRACTS LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 MAY 2024
31 May 2024
- 2 -

These financial statements have been prepared in accordance with the micro-entity provisions and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime' and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

(e) the company has relied on the specified exemption as a micro company contained in section 352 Companies Act 2014; the company has done so on the grounds that it is entitled to the benefit of that exemption as a small company and I confirm that the abridged financial statements have been properly prepared in accordance with section 353 Companies Act 2014.true

The financial statements were approved and signed by the director and authorised for issue on 14 August 2024
Mr P Young
Director
Company registration number 06255619 (England and Wales)
2024-05-312023-06-01falseCCH SoftwareCCH Accounts Production 2024.100No description of principal activityMr P YoungMrs L K Youngfalsefalse062556192023-06-012024-05-31062556192024-05-31062556192023-05-3106255619core:CurrentFinancialInstrumentscore:WithinOneYear2024-05-3106255619core:CurrentFinancialInstrumentscore:WithinOneYear2023-05-31062556192022-06-012023-05-3106255619bus:Director12023-06-012024-05-3106255619bus:PrivateLimitedCompanyLtd2023-06-012024-05-3106255619bus:SmallCompaniesRegimeForAccounts2023-06-012024-05-3106255619bus:Micro-entities2023-06-012024-05-3106255619bus:AuditExemptWithAccountantsReport2023-06-012024-05-3106255619bus:CompanySecretary12023-06-012024-05-3106255619bus:FullAccounts2023-06-012024-05-31xbrli:purexbrli:sharesiso4217:GBP