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
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
Psb Construction & Property Developments Ltd
Statement of financial position
as at 28 February 2024
Cash at bank and in hand
9,826
Creditors: amounts falling due within one year
(19,083)
Net current liabilities
(1,813)
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
Psb Construction & Property Developments Ltd
Notes to the Accounts
for the period from 10 February 2023 to 28 February 2024
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
At 10 February 2023
200
2,393
290
2,883
At 28 February 2024
200
2,393
290
2,883
At 28 February 2024
1,586
21,007
659
23,252
Psb Construction & Property Developments Ltd
Notes to the Accounts
for the period from 10 February 2023 to 28 February 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Obligations under finance leases and hire purchase contracts
17,875
Taxes and social security
(758)
7
Average number of employees
During the period the average number of employees was 0.