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REGISTERED NUMBER: 14500528 (England and Wales)















PS Improvements Ltd

Unaudited Financial Statements

for the Period 23 November 2022 to 30 November 2023






PS Improvements Ltd (Registered number: 14500528)






Contents of the Financial Statements
for the Period 23 November 2022 to 30 November 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


PS Improvements Ltd

Company Information
for the Period 23 November 2022 to 30 November 2023







DIRECTOR: P Santos





REGISTERED OFFICE: 5 London Road
Rainham
Gillingham
Kent
ME8 7RG





BUSINESS ADDRESS: 40 Fallowfield
Sittingbourne
Kent
ME10 4UZ





REGISTERED NUMBER: 14500528 (England and Wales)





ACCOUNTANTS: Aggarwal & Co Limited
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

PS Improvements Ltd (Registered number: 14500528)

Statement of Financial Position
30 November 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 2,722

CURRENT ASSETS
Inventories 1,726
Debtors 5 5,261
Cash at bank 341
7,328
CREDITORS
Amounts falling due within one year 6 8,868
NET CURRENT LIABILITIES (1,540 )
TOTAL ASSETS LESS CURRENT LIABILITIES 1,182

PROVISIONS FOR LIABILITIES 517
NET ASSETS 665

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 664
665

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PS Improvements Ltd (Registered number: 14500528)

Statement of Financial Position - continued
30 November 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 May 2024 and were signed by:





P Santos - Director


PS Improvements Ltd (Registered number: 14500528)

Notes to the Financial Statements
for the Period 23 November 2022 to 30 November 2023

1. STATUTORY INFORMATION

PS Improvements Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Income recognition
Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Inventories
Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell.
In respect of work in progress and finished goods, cost includes an appropriate proportion of attributable overheads according to the stage of manufacture/completion.

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, with changes recognised in the income statement.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 4 .

PS Improvements Ltd (Registered number: 14500528)

Notes to the Financial Statements - continued
for the Period 23 November 2022 to 30 November 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 3,628
At 30 November 2023 3,628
DEPRECIATION
Charge for period 906
At 30 November 2023 906
NET BOOK VALUE
At 30 November 2023 2,722

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 240
Other debtors 5,021
5,261

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 803
Taxation and social security 6,562
Other creditors 1,503
8,868