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REGISTERED NUMBER: 04602852 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 April 2024

for

PKL Environmental Services Ltd

PKL Environmental Services Ltd (Registered number: 04602852)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


PKL Environmental Services Ltd (Registered number: 04602852)

Balance Sheet
30 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,929 3,590

CURRENT ASSETS
Debtors 5 22,601 20,203
Cash at bank 3,140 14,203
25,741 34,406
CREDITORS
Amounts falling due within one year 6 60,030 58,125
NET CURRENT LIABILITIES (34,289 ) (23,719 )
TOTAL ASSETS LESS CURRENT LIABILITIES (31,360 ) (20,129 )

CREDITORS
Amounts falling due after more than one year 7 (21,193 ) (26,667 )

PROVISIONS FOR LIABILITIES (1,173 ) (1,173 )
NET LIABILITIES (53,726 ) (47,969 )

CAPITAL AND RESERVES
Called up share capital 300 300
Retained earnings (54,026 ) (48,269 )
SHAREHOLDERS' FUNDS (53,726 ) (47,969 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 January 2025 and were signed by:





Mr P Longworth - Director


PKL Environmental Services Ltd (Registered number: 04602852)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

PKL Environmental Services 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: 04602852

Registered office: Office 2
Lymedale Business Centre
Hooters Hall Road
Newcastle
Staffordshire
ST5 9QF

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


2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The financial statements have been prepared on a going concern basis not withstanding the deficit in net assets. The main creditors of the company are HMRC totalling £17,588 (2023: £29,606) , a Bounceback Loan totalling £31,193 (2023: £36,667) and the director £23,437 (2023 £11,666). The director is satisfied that these debts can be satisfied in the normal course of trading.

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

Revenue is recognised as the company becomes entitled to consideration for the services supplied. Therefore, turnover includes the element of work completed but not yet invoiced.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures, fittings and lab equipment - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

PKL Environmental Services Ltd (Registered number: 04602852)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 5 ) .

4. TANGIBLE FIXED ASSETS
Fixtures,
fittings
Plant and and lab Motor Computer
machinery equipment vehicles equipment Totals
£    £    £    £    £   
COST
At 1 May 2023
and 30 April 2024 4,234 25,274 12,000 8,777 50,285
DEPRECIATION
At 1 May 2023 3,676 23,456 11,493 8,070 46,695
Charge for year 84 273 127 177 661
At 30 April 2024 3,760 23,729 11,620 8,247 47,356
NET BOOK VALUE
At 30 April 2024 474 1,545 380 530 2,929
At 30 April 2023 558 1,818 507 707 3,590

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 22,601 20,203

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 4,162 1,132
Taxation and social security 17,587 29,606
Other creditors 28,281 17,387
60,030 58,125

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 21,193 26,667