Company Registration No. 13065979 (England and Wales)
Pullen Ventilations Ltd
Unaudited accounts
for the year ended 31 December 2023
Pullen Ventilations Ltd
Unaudited accounts
Contents
Pullen Ventilations Ltd
Company Information
for the year ended 31 December 2023
Company Number
13065979 (England and Wales)
Registered Office
43 Coronation Avenue
Keynsham
BRISTOL
BS31 2PS
ENGLAND
Accountants
Sleek Accounting Ltd
107 Kirkgate
Leeds
West Yorkshire
LS1 6DP
Pullen Ventilations Ltd
Statement of financial position
as at 31 December 2023
Tangible assets
39,276
9,882
Cash at bank and in hand
3,950
42,816
Creditors: amounts falling due within one year
(38,057)
(49,849)
Net current (liabilities)/assets
(12,455)
45,968
Total assets less current liabilities
26,821
55,850
Creditors: amounts falling due after more than one year
(26,818)
-
Provisions for liabilities
Called up share capital
100
100
Profit and loss account
(97)
53,873
Shareholders' funds
3
53,973
For the year ending 31 December 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 3 April 2024 and were signed on its behalf by
Mr Matt Pullen
Director
Company Registration No. 13065979
Pullen Ventilations Ltd
Notes to the Accounts
for the year ended 31 December 2023
Pullen Ventilations Ltd is a private company, limited by shares, registered in England and Wales, registration number 13065979. The registered office is 43 Coronation Avenue, Keynsham, BRISTOL, BS31 2PS, 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% Reducing balance
Motor vehicles
25% Reducing balance
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
Pullen Ventilations Ltd
Notes to the Accounts
for the year ended 31 December 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
414
14,349
14,763
At 31 December 2023
414
52,162
52,576
At 1 January 2023
109
4,772
4,881
Charge for the year
11
8,408
8,419
At 31 December 2023
120
13,180
13,300
At 31 December 2023
294
38,982
39,276
At 31 December 2022
305
9,577
9,882
Amounts falling due within one year
Trade debtors
1,920
28,503
Other debtors
16,590
24,498
6
Creditors: amounts falling due within one year
2023
2022
Obligations under finance leases and hire purchase contracts
7,951
-
Taxes and social security
24,935
40,016
Loans from directors
-
866
7
Creditors: amounts falling due after more than one year
2023
2022
Obligations under finance leases and hire purchase contracts
24,555
-
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Pullen Ventilations Ltd
Notes to the Accounts
for the year ended 31 December 2023
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan Account
(866)
60,424
58,833
725
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).