IRIS Accounts Production v24.2.0.383 11070901 Board of Directors 1.1.23 31.12.23 31.12.23 0 0 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh110709012022-12-31110709012023-12-31110709012023-01-012023-12-31110709012021-12-31110709012022-01-012022-12-31110709012022-12-3111070901ns15:EnglandWales2023-01-012023-12-3111070901ns14:PoundSterling2023-01-012023-12-3111070901ns10:Director12023-01-012023-12-3111070901ns10:PrivateLimitedCompanyLtd2023-01-012023-12-3111070901ns10:SmallEntities2023-01-012023-12-3111070901ns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3111070901ns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3111070901ns10:SmallCompaniesRegimeForAccounts2023-01-012023-12-3111070901ns10:FullAccounts2023-01-012023-12-3111070901ns10:EntityHasNeverTraded2023-01-012023-12-3111070901ns10:Director22023-01-012023-12-3111070901ns10:RegisteredOffice2023-01-012023-12-3111070901ns5:CurrentFinancialInstruments2023-12-3111070901ns5:CurrentFinancialInstruments2022-12-3111070901ns5:Non-currentFinancialInstruments2023-12-3111070901ns5:Non-currentFinancialInstruments2022-12-3111070901ns5:ShareCapital2023-12-3111070901ns5:ShareCapital2022-12-3111070901ns5:RetainedEarningsAccumulatedLosses2023-12-3111070901ns5:RetainedEarningsAccumulatedLosses2022-12-3111070901ns5:WithinOneYearns5:CurrentFinancialInstruments2023-12-3111070901ns5:WithinOneYearns5:CurrentFinancialInstruments2022-12-31110709011ns10:Director12022-12-31110709011ns10:Director12021-12-31110709011ns10:Director12023-01-012023-12-31110709011ns10:Director12022-01-012022-12-31110709011ns10:Director12023-12-31110709011ns10:Director12022-12-31
REGISTERED NUMBER: 11070901 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Private Client Systems Limited

Private Client Systems Limited (Registered number: 11070901)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Private Client Systems Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: S C Pigott
P I Allan





REGISTERED OFFICE: 9 St George's Yard
Farnham
Surrey
GU9 7LW





REGISTERED NUMBER: 11070901 (England and Wales)





ACCOUNTANTS: Blackwood Futcher & Co.
Chartered Accountants
9 St George's Yard
Farnham
Surrey
GU9 7LW

Private Client Systems Limited (Registered number: 11070901)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
CURRENT ASSETS
Debtors 4 187,193 174,076
Cash at bank 6,555 1,641
193,748 175,717
CREDITORS
Amounts falling due within one year 5 39,448 36,013
NET CURRENT ASSETS 154,300 139,704
TOTAL ASSETS LESS CURRENT
LIABILITIES

154,300

139,704

CREDITORS
Amounts falling due after more than one year 6 21,498 24,167
NET ASSETS 132,802 115,537

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 132,702 115,437
SHAREHOLDERS' FUNDS 132,802 115,537

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 September 2024 and were signed on its behalf by:





S C Pigott - Director


Private Client Systems Limited (Registered number: 11070901)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. STATUTORY INFORMATION

Private Client Systems Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for the supply of legal assistance in relation to compensation claims, stated net of discounts and of Value Added Tax.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity.

Taxation
Taxation for the year comprises current and deferred tax. 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.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 187,193 174,076

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 13,598 13,600
Taxation and social security 4,050 2,413
Other creditors 11,800 10,000
39,448 36,013

Private Client Systems Limited (Registered number: 11070901)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans 21,498 24,167

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2023 and 31 December 2022:

31.12.23 31.12.22
£    £   
S C Pigott
Balance outstanding at start of year 100 100
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 100 100

8. RELATED PARTY DISCLOSURES

Included in debtors are amounts totalling £180,595 (2022 £ 169,679) that are due from companies in which the directors and shareholders of the company have a material interest.

Included in creditors are amounts totalling £10,000 (2022 £10,000) that are due to companies in which the directors and shareholders of the company have a material interest.