10 February 2023 false No description of principal activity Taxfiler 2024.5 14654770business:PrivateLimitedCompanyLtd2023-02-102024-02-28 146547702023-02-09 146547702023-02-102024-02-28 14654770business:AuditExempt-NoAccountantsReport2023-02-102024-02-28 14654770business:FilletedAccounts2023-02-102024-02-28 146547702024-02-28 14654770business:Director12023-02-102024-02-28 14654770business:Director22023-02-102024-02-28 14654770business:RegisteredOffice2023-02-102024-02-28 14654770core:WithinOneYear2024-02-28 14654770core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-02-28 14654770core:PreviouslyStatedAmount2024-02-28 14654770business:SmallEntities2023-02-102024-02-28 14654770countries:EnglandWales2023-02-102024-02-28 14654770core:PlantMachinery2023-02-102024-02-28 14654770core:MotorVehicles2023-02-102024-02-28 14654770core:ComputerEquipment2023-02-102024-02-28 14654770core:OtherPropertyPlantEquipment2023-02-102024-02-28 14654770core:PlantMachinery2023-02-09 14654770core:MotorVehicles2023-02-09 14654770core:ComputerEquipment2023-02-09 14654770core:PlantMachinery2024-02-28 14654770core:MotorVehicles2024-02-28 14654770core:ComputerEquipment2024-02-28 iso4217:GBP xbrli:pure
Company Registration No. 14654770 (England and Wales)
Psb Construction & Property Developments Ltd Unaudited accounts for the period from 10 February 2023 to 28 February 2024
Psb Construction & Property Developments Ltd Unaudited accounts Contents
Page
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Psb Construction & Property Developments Ltd Company Information for the period from 10 February 2023 to 28 February 2024
Directors
Paul Bridges Laura Scammell
Company Number
14654770 (England and Wales)
Registered Office
Unit 5 Workshed Carriage Works London Street Swindon Wiltshire SN1 5DG England
Accountants
Christopher Neuman Unit 5, The Workshed London Street Swindon Wiltshire SN1 5DG
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Psb Construction & Property Developments Ltd Statement of financial position as at 28 February 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
23,252 
Current assets
Debtors
7,444 
Cash at bank and in hand
9,826 
17,270 
Creditors: amounts falling due within one year
(19,083)
Net current liabilities
(1,813)
Net assets
21,439 
Capital and reserves
Profit and loss account
21,439 
Shareholders' funds
21,439 
For the period ending 28 February 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.
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 29 October 2024 and were signed on its behalf by
Paul Bridges Director Company Registration No. 14654770
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Psb Construction & Property Developments Ltd Notes to the Accounts for the period from 10 February 2023 to 28 February 2024
1
Statutory information
Psb Construction & Property Developments Ltd is a private company, limited by shares, registered in England and Wales, registration number 14654770. The registered office is Unit 5, Workshed Carriage Works, London Street, Swindon, Wiltshire, SN1 5DG, England.
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 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.
Presentation currency
The accounts are presented in £ sterling.
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
5 Years Straight line Basis
Motor vehicles
5 Years Straight line Basis
Computer equipment
3 Years Straight line Basis
Other tangible fixed assets
3 Years Straight line Basis
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 10 February 2023
1,786 
23,400 
949 
26,135 
At 28 February 2024
1,786 
23,400 
949 
26,135 
Depreciation
At 10 February 2023
200 
2,393 
290 
2,883 
At 28 February 2024
200 
2,393 
290 
2,883 
Net book value
At 28 February 2024
1,586 
21,007 
659 
23,252 
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Psb Construction & Property Developments Ltd Notes to the Accounts for the period from 10 February 2023 to 28 February 2024
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
706 
Other debtors
6,738 
7,444 
6
Creditors: amounts falling due within one year
2024 
£ 
Obligations under finance leases and hire purchase contracts
17,875 
Trade creditors
274 
Taxes and social security
(758)
Other creditors
840 
Accruals
852 
19,083 
7
Average number of employees
During the period the average number of employees was 0.
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