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COMPANY REGISTRATION NUMBER: 02917004
PRICE AUTOMOTIVE SERVICES LIMITED
Filleted Unaudited Financial Statements
31 March 2024
PRICE AUTOMOTIVE SERVICES LIMITED
Financial Statements
Year ended 31 March 2024
Contents
Pages
Statement of financial position and the notes to the financial statements
1 to 2
PRICE AUTOMOTIVE SERVICES LIMITED
Statement of Financial Position
31 March 2024
2024
2023
£
£
£
Fixed assets
146,327
146,865
---------
---------
Current assets
14,484
23,393
Prepayments and accrued income
9,446
1,500
--------
--------
23,930
24,893
Creditors: amounts falling due within one year
88,562
78,848
---------
---------
Net current liabilities
( 64,632)
( 53,955)
--------
--------
Total assets less current liabilities
81,695
92,910
Creditors: amounts falling due after more than one year
-
16,562
Accruals and deferred income
1,542
1,473
--------
--------
80,153
74,875
--------
--------
Capital and reserves
80,153
74,875
--------
--------
Notes to the financial statements
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2023: 4 ).
2. Directors' advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2024
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr R A Price
14,341
( 1,039)
13,302
--------
-------
--------
2023
Balance brought forward
Advances/ (credits) to the directors
Balance outstanding
£
£
£
Mr R A Price
15,067
( 725)
14,342
--------
----
--------
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.
Directors' responsibilities:
- 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 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 20 November 2024 , and are signed on behalf of the board by:
Mr R A Price
Director
Company registration number: 02917004
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 2 Lewis Road, Kettering, NN15 6HE.