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Company Registration No. 02445052 (England and Wales)
P S R Industrial Limited Unaudited accounts for the year ended 31 January 2024
P S R Industrial Limited Unaudited accounts Contents
Page
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P S R Industrial Limited Company Information for the year ended 31 January 2024
Directors
Susan Diane Evans Richard Evans
Company Number
02445052 (England and Wales)
Registered Office
Parkdene Wilton Road Melton Mowbray Leicestershire LE130UJ
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P S R Industrial Limited Statement of financial position as at 31 January 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
158,931 
111,901 
Current assets
Inventories
92,906 
24,175 
Debtors
204,649 
224,068 
Cash at bank and in hand
238,226 
257,977 
535,781 
506,220 
Creditors: amounts falling due within one year
(312,252)
(355,143)
Net current assets
223,529 
151,077 
Total assets less current liabilities
382,460 
262,978 
Creditors: amounts falling due after more than one year
(32,326)
(38,906)
Provisions for liabilities
Deferred tax
(37,000)
- 
Net assets
313,134 
224,072 
Capital and reserves
Called up share capital
110 
100 
Profit and loss account
313,024 
223,972 
Shareholders' funds
313,134 
224,072 
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 14 June 2024 and were signed on its behalf by
Richard Evans Director Company Registration No. 02445052
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P S R Industrial Limited Notes to the Accounts for the year ended 31 January 2024
1
Statutory information
P S R Industrial Limited is a private company, limited by shares, registered in England and Wales, registration number 02445052. The registered office is Parkdene, Wilton Road, Melton Mowbray, Leicestershire, LE130UJ.
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.
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:
Plant & machinery
20% RB
Motor vehicles
25% RB
Fixtures & fittings
10% RB
4
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 February 2023
372,262 
122,930 
29,858 
525,050 
Additions
86,186 
- 
- 
86,186 
At 31 January 2024
458,448 
122,930 
29,858 
611,236 
Depreciation
At 1 February 2023
272,704 
117,778 
22,667 
413,149 
Charge for the year
37,149 
1,288 
719 
39,156 
At 31 January 2024
309,853 
119,066 
23,386 
452,305 
Net book value
At 31 January 2024
148,595 
3,864 
6,472 
158,931 
At 31 January 2023
99,558 
5,152 
7,191 
111,901 
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P S R Industrial Limited Notes to the Accounts for the year ended 31 January 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
190,939 
223,518 
Accrued income and prepayments
537 
- 
Other debtors
13,173 
550 
204,649 
224,068 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
15,501 
41,389 
VAT
19,786 
35,040 
Obligations under finance leases and hire purchase contracts
24,884 
26,440 
Trade creditors
174,690 
178,326 
Taxes and social security
72,156 
67,129 
Other creditors
985 
- 
Loans from directors
- 
49 
Accruals
4,250 
6,770 
312,252 
355,143 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
15,201 
- 
Obligations under finance leases and hire purchase contracts
17,125 
38,906 
32,326 
38,906 
8
Average number of employees
During the year the average number of employees was 9 (2023: 9).
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