Company Registration No. 08389527 (England and Wales)
Priority Services (Kent) Limited
Unaudited accounts
for the year ended 31 March 2024
Priority Services (Kent) Limited
Unaudited accounts
Contents
Priority Services (Kent) Limited
Company Information
for the year ended 31 March 2024
Company Number
08389527 (England and Wales)
Registered Office
CRITTENDENS ACCOUNTANTS FEATHERSTONE HOU
HIGH STREET
ROCHESTER
KENT
ME1 1DQ
UNITED KINGDOM
Accountants
Crittendens Accountants
Featherstone House
High Street
Rochester
Kent
ME1 1DQ
Priority Services (Kent) Limited
Statement of financial position
as at 31 March 2024
Tangible assets
18,385
190
Cash at bank and in hand
8,472
6,283
Creditors: amounts falling due within one year
(15,246)
(9,158)
Net current liabilities
(1,858)
(1,105)
Total assets less current liabilities
16,527
(915)
Creditors: amounts falling due after more than one year
(13,281)
(668)
Net assets/(liabilities)
3,246
(1,583)
Called up share capital
102
102
Profit and loss account
3,144
(1,685)
Shareholders' funds
3,246
(1,583)
For the year ending 31 March 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 director acknowledges his 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 and authorised for issue on 12 November 2024 and were signed on its behalf by
John-Paul Jones
Director
Company Registration No. 08389527
Priority Services (Kent) Limited
Notes to the Accounts
for the year ended 31 March 2024
Priority Services (Kent) Limited is a private company, limited by shares, registered in England and Wales, registration number 08389527. The registered office is CRITTENDENS ACCOUNTANTS FEATHERSTONE HOU, HIGH STREET, ROCHESTER, KENT, ME1 1DQ, UNITED KINGDOM.
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 remained unchanged from the previous year, and also 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:
Motor vehicles
25% Per year on reducing balance
Computer equipment
25% Per year on reducing balance
4
Tangible fixed assets
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At 31 March 2024
19,900
750
20,650
Charge for the year
1,658
47
1,705
At 31 March 2024
1,658
607
2,265
At 31 March 2024
18,242
143
18,385
At 31 March 2023
-
190
190
Priority Services (Kent) Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
448
1,050
Obligations under finance leases and hire purchase contracts
2,917
-
Trade creditors
2,426
3,846
Taxes and social security
3,325
1,267
Loans from directors
180
1,933
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
12,524
-
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).