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Company Registration No. 11350487 (England and Wales)
Psgu Limited Unaudited accounts for the year ended 31 May 2024
Psgu Limited Unaudited accounts Contents
Page
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Psgu Limited Company Information for the year ended 31 May 2024
Director
Peter Shengguo GU
Company Number
11350487 (England and Wales)
Registered Office
Front 202, Barford Street Birmingham B5 7EP United Kingdom
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Psgu Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
6,232 
6,232 
Cash at bank and in hand
14,700 
30,541 
20,932 
36,773 
Creditors: amounts falling due within one year
(10,195)
(16,262)
Net current assets
10,737 
20,511 
Total assets less current liabilities
10,737 
20,511 
Creditors: amounts falling due after more than one year
(10,710)
(20,094)
Net assets
27 
417 
Capital and reserves
Called up share capital
10 
10 
Profit and loss account
17 
407 
Shareholders' funds
27 
417 
For the year ending 31 May 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 15 November 2024 and were signed on its behalf by
Peter Shengguo GU Director Company Registration No. 11350487
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Psgu Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Psgu Limited is a private company, limited by shares, registered in England and Wales, registration number 11350487. The registered office is Front 202, Barford Street, Birmingham, B5 7EP, 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.
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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
6,232 
- 
Accrued income and prepayments
- 
6,232 
6,232 
6,232 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
10,000 
10,000 
Taxes and social security
- 
162 
Loans from directors
195 
4,600 
Deferred income
- 
1,500 
10,195 
16,262 
6
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
10,710 
20,094 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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