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Company Registration No. 04491252 (England and Wales)
P S Engineering Limited Unaudited accounts for the year ended 31 July 2024
P S Engineering Limited Unaudited accounts Contents
Page
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P S Engineering Limited Company Information for the year ended 31 July 2024
Directors
Philip Slater Jacqueline Anne Lebeter
Company Number
04491252 (England and Wales)
Registered Office
7 St Edmunds Walk Wootton Bridge Ryde Isle of Wight PO33 4JB
Accountants
Caryn March Accountants Limited 7 St Edmunds Walk Wootton Bridge Ryde Isle of Wight PO33 4JB
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P S Engineering Limited Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
393 
510 
Current assets
Debtors
3,257 
4,840 
Cash at bank and in hand
31,668 
27,484 
34,925 
32,324 
Creditors: amounts falling due within one year
(2,398)
(6,220)
Net current assets
32,527 
26,104 
Net assets
32,920 
26,614 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
32,720 
26,414 
Shareholders' funds
32,920 
26,614 
For the year ending 31 July 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 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 the year in accordance with Section 444(2A).
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 2 October 2024 and were signed on its behalf by
Jacqueline Anne Lebeter Director Company Registration No. 04491252
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P S Engineering Limited Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
P S Engineering Limited is a private company, limited by shares, registered in England and Wales, registration number 04491252. The registered office is 7 St Edmunds Walk, Wootton Bridge, Ryde, Isle of Wight, PO33 4JB.
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.
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
25% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
33% on cost
Presentation currency
The accounts are presented in £ sterling.
4
Tangible fixed assets
Total 
£ 
Cost or valuation
At 1 August 2023
15,278 
At 31 July 2024
15,278 
Depreciation
At 1 August 2023
14,768 
Charge for the year
117 
At 31 July 2024
14,885 
Net book value
At 31 July 2024
393 
At 31 July 2023
510 
5
Average number of employees
During the year the average number of employees was 1 (2023: 0).
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