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Company Registration No. 11232202 (England and Wales)
P ELSE BUILDING SERVICES LTD Unaudited accounts for the year ended 31 March 2024
P ELSE BUILDING SERVICES LTD Unaudited accounts Contents
Page
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P ELSE BUILDING SERVICES LTD Company Information for the year ended 31 March 2024
Director
Paul Else
Company Number
11232202 (England and Wales)
Registered Office
2 Foremans Way Ravenstone Coalville Leicestershire LE67 2NX UK
Accountants
City Tax Shop Limited 8 Ridge House Drive Festival Park Stoke-on-Trent Staffs ST1 5SJ
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P ELSE BUILDING SERVICES LTD Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
5,083 
1,022 
Current assets
Debtors
3,551 
1,930 
Cash at bank and in hand
26,417 
22,320 
29,968 
24,250 
Creditors: amounts falling due within one year
(3,350)
(3,603)
Net current assets
26,618 
20,647 
Net assets
31,701 
21,669 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
31,700 
21,668 
Shareholders' funds
31,701 
21,669 
For the year ending 31 March 2024 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 16 July 2024 and were signed on its behalf by
Paul Else Director Company Registration No. 11232202
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P ELSE BUILDING SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
P ELSE BUILDING SERVICES LTD is a private company, limited by shares, registered in England and Wales, registration number 11232202. The registered office is 2 Foremans Way, Ravenstone, Coalville, Leicestershire, LE67 2NX, UK.
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.
Turnover
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.
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
20% per annum
Motor vehicles
20% per annum
Computer equipment
20% per annum
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P ELSE BUILDING SERVICES LTD Notes to the Accounts for the year ended 31 March 2024
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 April 2023
727 
1,574 
510 
2,811 
Additions
- 
5,500 
- 
5,500 
Disposals
- 
(1,574)
- 
(1,574)
At 31 March 2024
727 
5,500 
510 
6,737 
Depreciation
At 1 April 2023
423 
1,033 
333 
1,789 
Charge for the year
61 
847 
35 
943 
On disposals
- 
(1,078)
- 
(1,078)
At 31 March 2024
484 
802 
368 
1,654 
Net book value
At 31 March 2024
243 
4,698 
142 
5,083 
At 31 March 2023
304 
541 
177 
1,022 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
950 
- 
Other debtors
2,601 
1,930 
3,551 
1,930 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
54 
Taxes and social security
2,849 
2,614 
Loans from directors
63 
170 
Accruals
438 
765 
3,350 
3,603 
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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