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Company Registration No. 11730969 (England and Wales)
PN Direct Ltd Unaudited accounts for the year ended 31 December 2023
PN Direct Ltd Unaudited accounts Contents
Page
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PN Direct Ltd Company Information for the year ended 31 December 2023
Director
M P Newman
Company Number
11730969 (England and Wales)
Registered Office
11 Wellfiled Road Alrewas Burton On Trent DE13 7HB
Accountants
R M Accountancy Services Ltd The Old Post Office 137-139 Long Street Dordon Staffordshire B78 1SH
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PN Direct Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Cash at bank and in hand
12,385 
28,911 
Creditors: amounts falling due within one year
(1,416)
(9,798)
Net current assets
10,969 
19,113 
Net assets
10,969 
19,113 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
10,968 
19,112 
Shareholders' funds
10,969 
19,113 
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 23 September 2024 and were signed on its behalf by
M P Newman Director Company Registration No. 11730969
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PN Direct Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
PN Direct Ltd is a private company, limited by shares, registered in England and Wales, registration number 11730969. The registered office is 11 Wellfiled Road, Alrewas, Burton On Trent, DE13 7HB.
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.
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 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.
Presentation currency
The accounts are presented in £ sterling.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
435 
1,223 
Loans from directors
201 
7,795 
Accruals
780 
780 
1,416 
9,798 
5
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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