PROVENCE PRIVATE HIRE LIMITED

Company Registration Number:
01401862 (England and Wales)

Unaudited abridged accounts for the year ended 30 April 2024

Period of accounts

Start date: 01 May 2023

End date: 30 April 2024

PROVENCE PRIVATE HIRE LIMITED

Contents of the Financial Statements

for the Period Ended 30 April 2024

Balance sheet
Notes

PROVENCE PRIVATE HIRE LIMITED

Balance sheet

As at 30 April 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 982,957 1,270,957
Total fixed assets: 982,957 1,270,957
Current assets
Stocks: 2,000 5,889
Debtors:   56,796 55,431
Cash at bank and in hand: 420,782 330,660
Total current assets: 479,578 391,980
Creditors: amounts falling due within one year: 4 (402,638) (371,725)
Net current assets (liabilities): 76,940 20,255
Total assets less current liabilities: 1,059,897 1,291,212
Creditors: amounts falling due after more than one year: 5 (557,560) (838,931)
Provision for liabilities: (176,410) (175,499)
Total net assets (liabilities): 325,927 276,782
Capital and reserves
Called up share capital: 88 88
Other reserves: 12 12
Profit and loss account: 325,827 276,682
Shareholders funds: 325,927 276,782

The notes form part of these financial statements

PROVENCE PRIVATE HIRE LIMITED

Balance sheet statements

For the year ending 30 April 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 July 2024
and signed on behalf of the board by:

Name: Andrew Hayes
Status: Director

The notes form part of these financial statements

PROVENCE PRIVATE HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets and depreciation policy

Tangible fixed assets are included at cost less depreciation and impairment. Depreciation has been provided in order to write off the assets concerned over their estimated useful lives as follows-Land and building -10% on cost, Plant and machinery- 25% on cost, Motor vehicles- 10% on cost or on net book value and Fixtures and fittings any 25% on cost.

PROVENCE PRIVATE HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

2. Employees

2024 2023
Average number of employees during the period 21 21

PROVENCE PRIVATE HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

3. Tangible Assets

Total
Cost £
At 01 May 2023 4,915,791
At 30 April 2024 4,915,791
Depreciation
At 01 May 2023 3,644,834
Charge for year 288,000
At 30 April 2024 3,932,834
Net book value
At 30 April 2024 982,957
At 30 April 2023 1,270,957

PROVENCE PRIVATE HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

4. Creditors: amounts falling due within one year note

Creditors include obligations under hire purchase agreements secured on the assets concerned £187,869 (2023 £175,967), trade £34,880 (2023 £61,668), Taxes £122,944 (2023 £83,025), Other £45,710 (2023 £44,080) and accruals £11,235 (2023 £6,985).

PROVENCE PRIVATE HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

5. Creditors: amounts falling due after more than one year note

Creditors include bank loans £119,792 (2023 £182,293), obligations under hire purchase agreements secured on the assets concerned £187,419 (2023 £382,289) and other £250,349 (2023 £274,329).

PROVENCE PRIVATE HIRE LIMITED

Notes to the Financial Statements

for the Period Ended 30 April 2024

6. Related party transactions

Mr A Hayes a director and 3 others jointly and equally own the premises from which the company operates. The annual rental is £72,000.