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REGISTERED NUMBER: 07944214 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

PSI INSTALLATIONS LTD

PSI INSTALLATIONS LTD (REGISTERED NUMBER: 07944214)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 29th February 2024




Page

Statement of Financial Position 1


PSI INSTALLATIONS LTD (REGISTERED NUMBER: 07944214)

STATEMENT OF FINANCIAL POSITION
29th February 2024

2024 2023
£    £    £    £   
FIXED ASSETS 5,126 6,834

CURRENT ASSETS 48,681 44,014

CREDITORS
Amounts falling due within one year (16,024 ) (19,929 )
NET CURRENT ASSETS 32,657 24,085
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,783

30,919

CREDITORS
Amounts falling due after more than one
year

4,219

7,266
NET ASSETS 33,564 23,653

CAPITAL AND RESERVES 33,564 23,653

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

PSi Installations Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07944214

Registered office: Priestley House
Priestley Gardens
Chadwell Heath
Essex
RM6 4SN

The presentation currency of the financial statements is the Pound Sterling (£).


2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .

PSI INSTALLATIONS LTD (REGISTERED NUMBER: 07944214)

STATEMENT OF FINANCIAL POSITION - continued
29th February 2024

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 29th February 2024 and 28th February 2023:

2024 2023
£    £   
P Strudwick
Balance outstanding at start of year 7,714 6,765
Amounts advanced 7,900 7,714
Amounts repaid (7,714 ) (6,765 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,900 7,714

Mrs S D Leslie
Balance outstanding at start of year 7,714 6,765
Amounts advanced 7,899 7,714
Amounts repaid (7,714 ) (6,765 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,899 7,714

Various amounts were advanced to the directors with no variable rate interest charged. The advances have been repaid by 28th November 2024.



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 26th November 2024 and were signed on its behalf by:




P Strudwick - Director