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Company Registration No. 11682360 (England and Wales)
PG Electrical Maintenance Ltd Unaudited accounts for the year ended 30 November 2023
PG Electrical Maintenance Ltd Unaudited accounts Contents
Page
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PG Electrical Maintenance Ltd Company Information for the year ended 30 November 2023
Director
Paul Goodman
Company Number
11682360 (England and Wales)
Registered Office
Unit E8 Basepoint Business Centre Great Marlings Luton LU2 8DL UNITED KINGDOM
Accountants
Bidwell Accountancy Limited 157 Milton Keynes Business Centre Foxhunter Drive Milton Keynes Buckinghamshire MK14 6GD
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PG Electrical Maintenance Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
84,286 
59,814 
Current assets
Debtors
49,538 
29,557 
Cash at bank and in hand
65,477 
74,828 
115,015 
104,385 
Creditors: amounts falling due within one year
(109,324)
(86,078)
Net current assets
5,691 
18,307 
Net assets
89,977 
78,121 
Capital and reserves
Called up share capital
20 
10 
Profit and loss account
89,957 
78,111 
Shareholders' funds
89,977 
78,121 
For the 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. 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 19 August 2024 and were signed on its behalf by
Paul Goodman Director Company Registration No. 11682360
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PG Electrical Maintenance Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
PG Electrical Maintenance Ltd is a private company, limited by shares, registered in England and Wales, registration number 11682360. The registered office is Unit E8 Basepoint Business Centre, Great Marlings, Luton, LU2 8DL, 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.
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.
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
25% Reducing Balance
Motor vehicles
5 Year Straight Line
Computer equipment
25% Reducing Balance
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
1,370 
90,954 
- 
6,369 
98,693 
Additions
- 
58,915 
796 
1,567 
61,278 
Disposals
- 
(11,749)
- 
(1,134)
(12,883)
At 30 November 2023
1,370 
138,120 
796 
6,802 
147,088 
Depreciation
At 1 December 2022
615 
37,323 
- 
941 
38,879 
Charge for the year
189 
32,414 
149 
1,288 
34,040 
On disposals
- 
(10,117)
- 
- 
(10,117)
At 30 November 2023
804 
59,620 
149 
2,229 
62,802 
Net book value
At 30 November 2023
566 
78,500 
647 
4,573 
84,286 
At 30 November 2022
755 
53,631 
- 
5,428 
59,814 
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PG Electrical Maintenance Ltd Notes to the Accounts for the year ended 30 November 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
47,815 
29,557 
Other debtors
1,723 
- 
49,538 
29,557 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
12,868 
10,402 
VAT
11,355 
12,750 
Obligations under finance leases and hire purchase contracts
19,583 
- 
Trade creditors
56,939 
45,807 
Taxes and social security
8,579 
12,861 
Loans from directors
- 
4,258 
109,324 
86,078 
7
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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