P & B Health & Safety Solutions Ltd 05175225 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is Other professional, scientific and technical activities not elsewhere classified Digita Accounts Production Advanced 6.30.9574.0 true true 05175225 2023-08-01 2024-07-31 05175225 2024-07-31 05175225 bus:OrdinaryShareClass1 2024-07-31 05175225 core:CurrentFinancialInstruments 2024-07-31 05175225 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 05175225 core:OtherPropertyPlantEquipment 2024-07-31 05175225 bus:SmallEntities 2023-08-01 2024-07-31 05175225 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 05175225 bus:FullAccounts 2023-08-01 2024-07-31 05175225 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 05175225 bus:RegisteredOffice 2023-08-01 2024-07-31 05175225 bus:Director1 2023-08-01 2024-07-31 05175225 bus:OrdinaryShareClass1 2023-08-01 2024-07-31 05175225 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 05175225 bus:Agent1 2023-08-01 2024-07-31 05175225 core:OfficeEquipment 2023-08-01 2024-07-31 05175225 core:OtherPropertyPlantEquipment 2023-08-01 2024-07-31 05175225 countries:England 2023-08-01 2024-07-31 05175225 2023-07-31 05175225 core:OtherPropertyPlantEquipment 2023-07-31 05175225 2022-08-01 2023-07-31 05175225 2023-07-31 05175225 bus:OrdinaryShareClass1 2023-07-31 05175225 core:CurrentFinancialInstruments 2023-07-31 05175225 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 05175225 core:OtherPropertyPlantEquipment 2023-07-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 05175225

P & B Health & Safety Solutions Ltd

Annual Report and Unaudited Financial Statements

for the Year Ended 31 July 2024

 

P & B Health & Safety Solutions Ltd

Contents

Company Information

1

Director's Report

2

Accountants' Report

3

Balance Sheet

4

Notes to the Unaudited Financial Statements

5 to 9

 

P & B Health & Safety Solutions Ltd

Company Information

Director

Mr Paul Harrison

Registered office

61 New Road
Wingerworth
Chesterfield
Derbyshire
S42 6UJ

Accountants

M.G. Walker & Co. Limited
119a High Street
Clay Cross
Chesterfield
Derbyshire
S45 9DZ

 

P & B Health & Safety Solutions Ltd

Director's Report for the Year Ended 31 July 2024

The director presents his report and the financial statements for the year ended 31 July 2024.

Director of the company

The director who held office during the year was as follows:

Mr Paul Harrison

Principal activity

The principal activity of the company is Other professional, scientific and technical activities not elsewhere classified

Small companies provision statement

This report has been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 3 October 2024
 

.........................................
Mr Paul Harrison
Director

 

Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
P & B Health & Safety Solutions Ltd
for the Year Ended 31 July 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of P & B Health & Safety Solutions Ltd for the year ended 31 July 2024 as set out on pages 4 to 9 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of International Accountants (AIA), we are subject to its ethical and other professional requirements.
 

This report is made solely to the Board of Directors of P & B Health & Safety Solutions Ltd, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of P & B Health & Safety Solutions Ltd and state those matters that we have agreed to state to the Board of Directors of P & B Health & Safety Solutions Ltd, as a body, in this report in accordance with AIA. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than P & B Health & Safety Solutions Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that P & B Health & Safety Solutions Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of P & B Health & Safety Solutions Ltd. You consider that P & B Health & Safety Solutions Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of P & B Health & Safety Solutions Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.

......................................

M.G. Walker & Co. Limited
119a High Street
Clay Cross
Chesterfield
Derbyshire
S45 9DZ

3 October 2024

 

P & B Health & Safety Solutions Ltd

(Registration number: 05175225)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

5

394

249

Current assets

 

Debtors

6

28,098

25,823

Cash at bank and in hand

 

31,651

45,384

 

59,749

71,207

Creditors: Amounts falling due within one year

7

(30,092)

(35,921)

Net current assets

 

29,657

35,286

Net assets

 

30,051

35,535

Capital and reserves

 

Called up share capital

8

2

2

Retained earnings

30,049

35,533

Shareholders' funds

 

30,051

35,535

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Approved and authorised by the director on 3 October 2024
 

.........................................
Mr Paul Harrison
Director

 

P & B Health & Safety Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
61 New Road
Wingerworth
Chesterfield
Derbyshire
S42 6UJ
England

These financial statements were authorised for issue by the director on 3 October 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

P & B Health & Safety Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office Equipment

3 years Straight Line Basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

P & B Health & Safety Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

4

Profit before tax

Arrived at after charging/(crediting)

2024
£

2023
£

Depreciation expense

272

272

 

P & B Health & Safety Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

5

Tangible assets

Other tangible assets
£

Total
£

Cost or valuation

At 1 August 2023

6,928

6,928

Additions

417

417

At 31 July 2024

7,345

7,345

Depreciation

At 1 August 2023

6,679

6,679

Charge for the year

272

272

At 31 July 2024

6,951

6,951

Carrying amount

At 31 July 2024

394

394

At 31 July 2023

249

249

6

Debtors

Current

2024
£

2023
£

Trade debtors

28,098

25,823

 

28,098

25,823

7

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

947

2,582

Taxation and social security

22,688

26,281

Other creditors

6,457

7,058

30,092

35,921

8

Share capital

Allotted, called up and fully paid shares

 

P & B Health & Safety Solutions Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

2024

2023

No.

£

No.

£

Ordinary shares of £1 each

2

2

2

2