Company Registration No. 09670098 (England and Wales)
PSEV - (Partnership for Socio Economic Ventures) Ltd.
Unaudited accountsENT ACCOUNTS
for the year ended 31 December 2023
PSEV - (Partnership for Socio Economic Ventures) Ltd.
Unaudited accountsENT ACCOUNTS
Contents
PSEV - (Partnership for Socio Economic Ventures) Ltd.
Company Information
for the year ended 31 December 2023
Company Number
09670098 (England and Wales)
Registered Office
37 Baseline Studios
Whitchurch Road
London
W11 4AT
United Kingdom
PSEV - (Partnership for Socio Economic Ventures) Ltd.
Statement of financial position
as at 31 December 2023
Tangible assets
36,108
2,500
Cash at bank and in hand
74,522
213,430
Creditors: amounts falling due within one year
(189,764)
(245,748)
Net current assets
23,015
29,041
Total assets less current liabilities
59,123
31,541
Creditors: amounts falling due after more than one year
(57,038)
(29,923)
Provisions for liabilities
Net (liabilities)/assets
(6,942)
1,618
Called up share capital
1,000
1,000
Profit and loss account
(7,942)
618
Shareholders' funds
(6,942)
1,618
For the year ending 31 December 2023 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.
The members have agreed to the preparation of abridged accounts for the year in accordance with Section 444(2A).
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 1 November 2024 and were signed on its behalf by
Mr Zarar Qayyum
Director
Company Registration No. 09670098
PSEV - (Partnership for Socio Economic Ventures) Ltd.
Notes to the Accounts
for the year ended 31 December 2023
PSEV - (Partnership for Socio Economic Ventures) Ltd. is a private company, limited by shares, registered in England and Wales, registration number 09670098. The registered office is 37 Baseline Studios, Whitchurch Road, London, W11 4AT, 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:
Fixtures & fittings
20% on reducing balance
4
Tangible fixed assets
Total
At 31 December 2023
42,385
At 31 December 2023
36,108
PSEV - (Partnership for Socio Economic Ventures) Ltd.
Notes to the Accounts
for the year ended 31 December 2023
5
Deferred taxation
2023
2022
Accelerated capital allowances
9,027
-
Charged to the profit and loss account
9,027
-
Provision at end of year
9,027
-
The ultimate controlling party is Mr Zarar Qayyum, Director.
7
Average number of employees
During the year the average number of employees was 5 (2022: 7).