Company Registration No. 11694871 (England and Wales)
Pjhcompete Ltd
Unaudited accounts
for the year ended 30 November 2023
Pjhcompete Ltd
Unaudited accounts
Contents
Pjhcompete Ltd
Company Information
for the year ended 30 November 2023
Company Number
11694871 (England and Wales)
Registered Office
4 Dellcot Close
Salford
Lancashire
M6 7PE
England
Accountants
Outsource Finance Function & Accountancy Ltd
4 Dellcot Close
Salford
Lancashire
M6 7PE
Pjhcompete Ltd
Statement of financial position
as at 30 November 2023
Tangible assets
9,694
15,744
Cash at bank and in hand
3,620
14,786
Creditors: amounts falling due within one year
(13,200)
(15,198)
Net current (liabilities)/assets
(9,580)
16,057
Total assets less current liabilities
114
31,801
Creditors: amounts falling due after more than one year
-
(10,083)
Called up share capital
1
1
Profit and loss account
113
21,717
Shareholders' funds
114
21,718
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 26 July 2024 and were signed on its behalf by
Peter J Hall
Director
Company Registration No. 11694871
Pjhcompete Ltd
Notes to the Accounts
for the year ended 30 November 2023
Pjhcompete Ltd is a private company, limited by shares, registered in England and Wales, registration number 11694871. The registered office is 4 Dellcot Close, , Salford, Lancashire, M6 7PE, England.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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% Straight line
Motor vehicles
33% Reducing Balance
Computer equipment
25% Straight line
Judgements and key sources of estimation
In the application of the company’s accounting policies, the director is required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.
The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.
There have been no judgements, estimates or assumptions made in the preparation of these financial statements.
Pjhcompete Ltd
Notes to the Accounts
for the year ended 30 November 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 December 2022
6,500
27,570
2,068
36,138
At 30 November 2023
6,500
27,570
2,068
36,138
At 1 December 2022
3,625
15,194
1,575
20,394
Charge for the year
1,625
4,084
341
6,050
At 30 November 2023
5,250
19,278
1,916
26,444
At 30 November 2023
1,250
8,292
152
9,694
At 30 November 2022
2,875
12,376
493
15,744
Amounts falling due within one year
Accrued income and prepayments
-
15,778
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
5,672
Taxes and social security
14,728
9,420
Loans from directors
(1,528)
106
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
-
10,083
8
Average number of employees
During the year the average number of employees was 1 (2022: 1).