1 May 2023 false Taxfiler 2024.6 9510739business:PrivateLimitedCompanyLtd2023-05-012024-04-30 95107392023-04-30 95107392023-05-012024-04-30 9510739business:AuditExemptWithAccountantsReport2023-05-012024-04-30 9510739business:FilletedAccounts2023-05-012024-04-30 95107392024-04-30 9510739business:Director12023-05-012024-04-30 9510739business:Director22023-05-012024-04-30 9510739business:RegisteredOffice2023-05-012024-04-30 95107392023-04-30 9510739core:WithinOneYear2024-04-30 9510739core:WithinOneYear2023-04-30 9510739core:AfterOneYear2024-04-30 9510739core:AfterOneYear2023-04-30 9510739core:ShareCapitalcore:PreviouslyStatedAmount2024-04-30 9510739core:ShareCapitalcore:PreviouslyStatedAmount2023-04-30 9510739core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-04-30 9510739core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-04-30 9510739core:PreviouslyStatedAmount2024-04-30 9510739core:PreviouslyStatedAmount2023-04-30 9510739business:SmallEntities2023-05-012024-04-30 9510739countries:EnglandWales2023-05-012024-04-30 9510739core:PlantMachinery2023-05-012024-04-30 9510739core:MotorVehicles2023-05-012024-04-30 9510739core:ComputerEquipment2023-05-012024-04-30 9510739core:Goodwill2023-04-30 9510739core:Goodwill2024-04-30 9510739core:LandBuildings2023-04-30 9510739core:PlantMachinery2023-04-30 9510739core:MotorVehicles2023-04-30 9510739core:ComputerEquipment2023-04-30 9510739core:LandBuildings2023-05-012024-04-30 9510739core:LandBuildings2024-04-30 9510739core:PlantMachinery2024-04-30 9510739core:MotorVehicles2024-04-30 9510739core:ComputerEquipment2024-04-30 95107392022-05-012023-04-30 iso4217:GBP xbrli:pure
Company Registration No. 9510739 (England and Wales)
PE Services 4 x 4 Limited Unaudited accounts for the year ended 30 April 2024
PE Services 4 x 4 Limited Unaudited accounts Contents
Page
- 2 -
PE Services 4 x 4 Limited Company Information for the year ended 30 April 2024
Directors
Mr Lee Potter Mrs Clare Potter
Company Number
9510739 (England and Wales)
Registered Office
Unit 1-2 Egbeers Yard Greenhill Way Newton Abbot Devon TQ12 3SB
Accountants
Mrs Catherine Flannery, FMAAT, FCCA, BSc (Hons) South Devon Accounting Ltd 6 Orchard Close Ogwell Newton Abbot TQ12 6AL
- 3 -
PE Services 4 x 4 Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
35,467 
30,387 
Current assets
Inventories
3,000 
22,595 
Debtors
8,354 
24,759 
Cash at bank and in hand
20,398 
8,124 
31,752 
55,478 
Creditors: amounts falling due within one year
(47,070)
(60,463)
Net current liabilities
(15,318)
(4,985)
Total assets less current liabilities
20,149 
25,402 
Creditors: amounts falling due after more than one year
(12,161)
(16,214)
Net assets
7,988 
9,188 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,888 
9,088 
Shareholders' funds
7,988 
9,188 
For the year ending 30 April 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 10 November 2024 and were signed on its behalf by
Mrs Clare Potter Director Company Registration No. 9510739
- 4 -
PE Services 4 x 4 Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
PE Services 4 x 4 Limited is a private company, limited by shares, registered in England and Wales, registration number 9510739. The registered office is Unit 1-2 Egbeers Yard, Greenhill Way, Newton Abbot, Devon, TQ12 3SB.
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 remained unchanged from the previous year, and also 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
25% Straight Line
Motor vehicles
25% Straight Line
Computer equipment
25% Straight Line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
- 5 -
PE Services 4 x 4 Limited Notes to the Accounts for the year ended 30 April 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
20,000 
At 30 April 2024
20,000 
Amortisation
At 1 May 2023
20,000 
At 30 April 2024
20,000 
Net book value
At 30 April 2024
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
- 
4,694 
44,210 
28,473 
77,377 
Additions
15,000 
- 
- 
1,285 
16,285 
Disposals
- 
- 
- 
(26,589)
(26,589)
At 30 April 2024
15,000 
4,694 
44,210 
3,169 
67,073 
Depreciation
At 1 May 2023
- 
2,649 
17,120 
27,221 
46,990 
Charge for the year
- 
1,173 
9,240 
792 
11,205 
On disposals
- 
- 
- 
(26,589)
(26,589)
At 30 April 2024
- 
3,822 
26,360 
1,424 
31,606 
Net book value
At 30 April 2024
15,000 
872 
17,850 
1,745 
35,467 
At 30 April 2023
- 
2,045 
27,090 
1,252 
30,387 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,354 
11,834 
Other debtors
- 
12,925 
8,354 
24,759 
- 6 -
PE Services 4 x 4 Limited Notes to the Accounts for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
6,753 
7,772 
Obligations under finance leases and hire purchase contracts
4,054 
4,054 
Trade creditors
15,699 
12,760 
Taxes and social security
5,974 
11,415 
Other creditors
2,000 
- 
Loans from directors
1,740 
3,662 
Accruals
10,850 
20,800 
47,070 
60,463 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Obligations under finance leases and hire purchase contracts
12,161 
16,214 
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
- 7 -