PROVISION VEHICLE CAMERAS LTD

Company Registration Number:
09939849 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

PROVISION VEHICLE CAMERAS LTD

Contents of the Financial Statements

for the Period Ended 31 January 2024

Balance sheet
Notes

PROVISION VEHICLE CAMERAS LTD

Balance sheet

As at 31 January 2024


Notes

2024

2023


£

£
Fixed assets
Intangible assets: 3 512,920 455,784
Tangible assets: 4 1,398,814 235,616
Total fixed assets: 1,911,734 691,400
Current assets
Stocks: 763,397 769,419
Debtors: 5 4,950,629 3,533,528
Cash at bank and in hand: 711,200 16,997
Total current assets: 6,425,226 4,319,944
Creditors: amounts falling due within one year: 6 (7,833,567) (3,922,740)
Net current assets (liabilities): (1,408,341) 397,204
Total assets less current liabilities: 503,393 1,088,604
Creditors: amounts falling due after more than one year:   (2,654,006) (2,364,772)
Total net assets (liabilities): (2,150,613) (1,276,168)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (2,150,713) (1,276,268)
Shareholders funds: (2,150,613) (1,276,168)

The notes form part of these financial statements

PROVISION VEHICLE CAMERAS LTD

Balance sheet statements

For the year ending 31 January 2024 the company was entitled to exemption 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 this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 25 October 2024
and signed on behalf of the board by:

Name: Mervyn O Callaghan
Status: Director

The notes form part of these financial statements

PROVISION VEHICLE CAMERAS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROVISION VEHICLE CAMERAS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

2. Employees

2024 2023
Average number of employees during the period 40 25

PROVISION VEHICLE CAMERAS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

3. Intangible Assets

Total
Cost £
At 01 February 2023 466,448
Additions 162,627
Disposals (10,664)
At 31 January 2024 618,411
Amortisation
At 01 February 2023 10,664
Charge for year 105,491
On disposals (10,664)
At 31 January 2024 105,491
Net book value
At 31 January 2024 512,920
At 31 January 2023 455,784

PROVISION VEHICLE CAMERAS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible Assets

Total
Cost £
At 01 February 2023 317,365
Additions 1,235,232
At 31 January 2024 1,552,597
Depreciation
At 01 February 2023 81,749
Charge for year 72,034
At 31 January 2024 153,783
Net book value
At 31 January 2024 1,398,814
At 31 January 2023 235,616

PROVISION VEHICLE CAMERAS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors

2024 2023
££
Debtors due after more than one year: 1,511,979 1,151,125

PROVISION VEHICLE CAMERAS LTD

Notes to the Financial Statements

for the Period Ended 31 January 2024

6. Creditors: amounts falling due within one year note

10. CREDITORS (amounts falling due after more one year) FY 2024 Loan obligation 15,000 Deferred income 2,639,006 Total 2,654,006