Company registration number 04651229 (England and Wales)
PWS TOTAL MAINTENANCE SERVICES LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
PAGES FOR FILING WITH REGISTRAR
PWS TOTAL MAINTENANCE SERVICES LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 6
PWS TOTAL MAINTENANCE SERVICES LIMITED
BALANCE SHEET
AS AT
31 JANUARY 2024
31 January 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
4
35,937
28,631
Current assets
Debtors
5
70,226
30,015
Cash at bank and in hand
78,950
58,549
149,176
88,564
Creditors: amounts falling due within one year
6
(66,876)
(44,325)
Net current assets
82,300
44,239
Total assets less current liabilities
118,237
72,870
Creditors: amounts falling due after more than one year
7
(24,136)
(14,962)
Provisions for liabilities
(8,984)
(5,440)
Net assets
85,117
52,468
Capital and reserves
Called up share capital
120
120
Profit and loss reserves
84,997
52,348
Total equity
85,117
52,468

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

PWS TOTAL MAINTENANCE SERVICES LIMITED
BALANCE SHEET (CONTINUED)
AS AT
31 JANUARY 2024
31 January 2024
- 2 -
The financial statements were approved by the board of directors and authorised for issue on 8 October 2024 and are signed on its behalf by:
Paul Ward
John Ward
Director
Director
Company Registration No. 04651229
PWS TOTAL MAINTENANCE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024
- 3 -
1
Accounting policies
Company information

PWS Total Maintenance Services Limited is a private company limited by shares incorporated in England and Wales. The registered office is 6 College Road, Quinton, Birmingham, B32 1AB.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Fixtures, fittings & equipment
25% Reducing balance
Motor vehicles
25% Reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

1.4
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.5
Financial instruments

The following assets and liabilities are classified as financial instruments – trade debtors, trade creditors, bank loans and directors’ loans.

Directors’ loans (being repayable on demand), trade debtors and trade creditors are measured at the undiscounted amount of cash or other consideration expected to be paid or received.

 

PWS TOTAL MAINTENANCE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
1
Accounting policies
(Continued)
- 4 -
1.6
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Tax deferred or accelerated is accounted for in respect of all material timing differences, in particular accelerated capital allowances. All deferred tax is charged/(credited) to the Statement of Income and Retained Earnings/Profit and Loss Account.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
4
4
3
Intangible fixed assets
Goodwill
£
Cost
At 1 February 2023 and 31 January 2024
30,000
Amortisation and impairment
At 1 February 2023 and 31 January 2024
30,000
Carrying amount
At 31 January 2024
-
0
At 31 January 2023
-
0
PWS TOTAL MAINTENANCE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
- 5 -
4
Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 February 2023
45,704
Additions
30,526
Disposals
(16,600)
At 31 January 2024
59,630
Depreciation and impairment
At 1 February 2023
17,073
Depreciation charged in the year
12,845
Eliminated in respect of disposals
(6,225)
At 31 January 2024
23,693
Carrying amount
At 31 January 2024
35,937
At 31 January 2023
28,631
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
62,017
19,721
Other debtors
8,209
10,294
70,226
30,015
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
12,471
9,469
Corporation tax
18,526
7,999
Other taxation and social security
7,893
14,606
Other creditors
27,986
12,251
66,876
44,325
PWS TOTAL MAINTENANCE SERVICES LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 JANUARY 2024
- 6 -
7
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
4,669
8,605
Other creditors
19,467
6,357
24,136
14,962
2024-01-312023-02-01false08 October 2024CCH SoftwareCCH Accounts Production 2022.200No description of principal activityMr P WardMr J WardJohn Ward046512292023-02-012024-01-31046512292024-01-31046512292023-01-3104651229core:OtherPropertyPlantEquipment2024-01-3104651229core:OtherPropertyPlantEquipment2023-01-3104651229core:CurrentFinancialInstrumentscore:WithinOneYear2024-01-3104651229core:CurrentFinancialInstrumentscore:WithinOneYear2023-01-3104651229core:Non-currentFinancialInstrumentscore:AfterOneYear2024-01-3104651229core:Non-currentFinancialInstrumentscore:AfterOneYear2023-01-3104651229core:CurrentFinancialInstruments2024-01-3104651229core:CurrentFinancialInstruments2023-01-3104651229core:Non-currentFinancialInstruments2024-01-3104651229core:Non-currentFinancialInstruments2023-01-3104651229core:ShareCapital2024-01-3104651229core:ShareCapital2023-01-3104651229core:RetainedEarningsAccumulatedLosses2024-01-3104651229core:RetainedEarningsAccumulatedLosses2023-01-3104651229bus:Director12023-02-012024-01-3104651229bus:CompanySecretaryDirector12023-02-012024-01-3104651229core:FurnitureFittings2023-02-012024-01-3104651229core:MotorVehicles2023-02-012024-01-31046512292022-02-012023-01-3104651229core:NetGoodwill2023-01-3104651229core:NetGoodwill2024-01-3104651229core:NetGoodwill2023-01-3104651229core:OtherPropertyPlantEquipment2023-01-3104651229core:OtherPropertyPlantEquipment2023-02-012024-01-3104651229core:WithinOneYear2024-01-3104651229core:WithinOneYear2023-01-3104651229bus:PrivateLimitedCompanyLtd2023-02-012024-01-3104651229bus:SmallCompaniesRegimeForAccounts2023-02-012024-01-3104651229bus:FRS1022023-02-012024-01-3104651229bus:AuditExemptWithAccountantsReport2023-02-012024-01-3104651229bus:Director22023-02-012024-01-3104651229bus:CompanySecretary12023-02-012024-01-3104651229bus:FullAccounts2023-02-012024-01-31xbrli:purexbrli:sharesiso4217:GBP