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Company Registration No. 07878078 (England and Wales)
PD VEHICLE SERVICES LIMITED Unaudited accounts for the year ended 31 December 2023
PD VEHICLE SERVICES LIMITED Unaudited accounts Contents
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PD VEHICLE SERVICES LIMITED Company Information for the year ended 31 December 2023
Directors
D Jackson P Mongiovi
Company Number
07878078 (England and Wales)
Registered Office
85 Hook Road Epsom Surrey KT19 8TP
Accountants
Magic Eye Consulting Ltd 85 Hook Road Epsom Surrey KT19 8TP
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PD VEHICLE SERVICES LIMITED Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
72,830 
79,913 
Current assets
Inventories
3,000 
3,000 
Debtors
48,909 
32,081 
Cash at bank and in hand
139,529 
142,719 
191,438 
177,800 
Creditors: amounts falling due within one year
(134,867)
(108,374)
Net current assets
56,571 
69,426 
Total assets less current liabilities
129,401 
149,339 
Creditors: amounts falling due after more than one year
(67,586)
(94,414)
Net assets
61,815 
54,925 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
61,715 
54,825 
Shareholders' funds
61,815 
54,925 
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 directors acknowledge their 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 of Directors and authorised for issue on 10 September 2024 and were signed on its behalf by
P Mongiovi Director Company Registration No. 07878078
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PD VEHICLE SERVICES LIMITED Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
PD VEHICLE SERVICES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07878078. The registered office is 85 Hook Road, Epsom, Surrey, KT19 8TP.
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
20% Straight line
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
264,918 
Additions
23,990 
At 31 December 2023
288,908 
Depreciation
At 1 January 2023
185,005 
Charge for the year
31,073 
At 31 December 2023
216,078 
Net book value
At 31 December 2023
72,830 
At 31 December 2022
79,913 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
38,909 
22,081 
Amounts falling due after more than one year
Other debtors
10,000 
10,000 
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PD VEHICLE SERVICES LIMITED Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
18,953 
14,166 
Trade creditors
24,396 
24,062 
Taxes and social security
81,631 
64,027 
Other creditors
20 
20 
Loans from directors
9,867 
6,099 
134,867 
108,374 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
28,473 
36,806 
Obligations under finance leases and hire purchase contracts
39,113 
57,608 
67,586 
94,414 
8
Average number of employees
During the year the average number of employees was 8 (2022: 8).
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