PNL BUSINESS SOLUTIONS LTD

Company Registration Number:
08279341 (England and Wales)

Unaudited abridged accounts for the year ended 30 November 2023

Period of accounts

Start date: 01 December 2022

End date: 30 November 2023

PNL BUSINESS SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 30 November 2023

Company Information - 3
Profit and Loss Account - 4
Balance sheet - 5
Additional notes - 7
Balance sheet notes - 10

PNL BUSINESS SOLUTIONS LTD

Company Information

for the Period Ended 30 November 2023




Director: PETER LAKE
JULIE LAKE
Registered office: 15
Old Farm Drive
Codsall
Wolverhampton
West Midlands
WV8 1GF
Company Registration Number: 08279341 (England and Wales)

PNL BUSINESS SOLUTIONS LTD

Profit and Loss Account

for the Period Ended 30 November 2023


Notes

2023
£

2022
£
Gross Profit or (Loss) 128,107 86,733
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 70,567 ) ( 43,840 )
Operating Profit or (Loss) 57,540 42,893
Interest Receivable and Similar Income 138 3
Interest Payable and Similar Charges ( 405 ) ( 580 )
Profit or (Loss) Before Tax 57,273 42,316
Tax on Profit ( 11,253 ) ( 8,291 )
Profit or (Loss) for Period 46,020 34,025

The notes form part of these financial statements

PNL BUSINESS SOLUTIONS LTD

Balance sheet

As at 30 November 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 525 1,385
Total fixed assets: 525 1,385
Current assets
Debtors: 15,002 41,800
Cash at bank and in hand: 98,682 33,730
Total current assets: 113,684 75,530
Creditors: amounts falling due within one year: ( 25,567 ) ( 14,692 )
Net current assets (liabilities): 88,117 60,838
Total assets less current liabilities: 88,642 62,223
Creditors: amounts falling due after more than one year: ( 8,625 ) ( 14,375 )
Accruals and deferred income: ( 62,000 ) ( 40,851 )
Total net assets (liabilities): 18,017 6,997

The notes form part of these financial statements

PNL BUSINESS SOLUTIONS LTD

Balance sheet continued

As at 30 November 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 17,917 6,897
Shareholders funds: 18,017 6,997

For the year ending 30 November 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

This report was approved by the board of directors on 31 July 2024
And Signed On Behalf Of The Board By:

Name: PETER LAKE
Status: Director

The notes form part of these financial statements

PNL BUSINESS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PNL BUSINESS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 2 2

PNL BUSINESS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

  • 3. Off balance sheet disclosure

    No

PNL BUSINESS SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 30 November 2023

4. Tangible Assets

Total
Cost £
At 01 December 2022 2,605
Additions -
Disposals -
Revaluations -
Transfers -
At 30 November 2023 2,605
Depreciation
At 01 December 2022 1,220
Charge for year 860
On disposals -
Other adjustments -
At 30 November 2023 2,080
Net book value
At 30 November 2023 525
At 30 November 2022 1,385