PROFESSIONAL POULTRY SOLUTIONS LIMITED

Company Registration Number:
07219448 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

PROFESSIONAL POULTRY SOLUTIONS LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

PROFESSIONAL POULTRY SOLUTIONS LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 64,640 72,349
Total fixed assets: 64,640 72,349
Current assets
Debtors:   138,013 138,932
Cash at bank and in hand: 86,532 141,522
Total current assets: 224,545 280,454
Creditors: amounts falling due within one year:   (165,149) (173,527)
Net current assets (liabilities): 59,396 106,927
Total assets less current liabilities: 124,036 179,276
Creditors: amounts falling due after more than one year:   (25,303) (38,378)
Provision for liabilities: (5,137) (7,992)
Total net assets (liabilities): 93,596 132,906
Capital and reserves
Called up share capital: 100 100
Other reserves: 10 10
Profit and loss account: 93,486 132,796
Shareholders funds: 93,596 132,906

The notes form part of these financial statements

PROFESSIONAL POULTRY SOLUTIONS LIMITED

Balance sheet statements

For the year ending 30 April 2024 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 September 2024
and signed on behalf of the board by:

Name: Mattheus Jacobus Van Den Berg
Status: Director

The notes form part of these financial statements

PROFESSIONAL POULTRY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.

Tangible fixed assets and depreciation policy

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows: Plant and machinery - 20% reducing balance Fittings fixtures and equipment - 20% reducing balance Motor vehicles - 25% reducing balance If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Other accounting policies

Basis of preparation: The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Taxation: The taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference. Tangible assets: Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and any accumulated impairment losses. Financial instruments: A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Defined contribution plans: Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.

PROFESSIONAL POULTRY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 17 15

PROFESSIONAL POULTRY SOLUTIONS LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 239,862
Additions 12,699
At 30 April 2024 252,561
Depreciation
At 01 May 2023 167,513
Charge for year 20,408
At 30 April 2024 187,921
Net book value
At 30 April 2024 64,640
At 30 April 2023 72,349