Registration number:
PS Holdings (Yorkshire) Ltd
for the Year Ended 31 August 2024
PS Holdings (Yorkshire) Ltd
(Registration number: 14381918)
Balance Sheet as at 31 August 2024
Note |
2024 |
2023 |
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Fixed assets |
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Investment property |
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- |
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Investments |
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Current assets |
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Debtors |
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Cash at bank and in hand |
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- |
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Creditors: Amounts falling due within one year |
( |
( |
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Net current liabilities |
( |
( |
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Total assets less current liabilities |
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( |
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Creditors: Amounts falling due after more than one year |
( |
- |
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Net liabilities |
( |
( |
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Capital and reserves |
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Called up share capital |
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Retained earnings |
( |
( |
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Shareholders' deficit |
( |
( |
For the financial year ending 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• |
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• |
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. |
These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.
PS Holdings (Yorkshire) Ltd
(Registration number: 14381918)
Balance Sheet as at 31 August 2024 (continued)
.........................................
M A Jepson
Director
PS Holdings (Yorkshire) Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024
Accounting policies |
Statutory information
PS Holdings (Yorkshire) Ltd is a private company, limited by shares, domiciled in England and Wales, company number 14381918. The registered office is at 3 Farriers Court, Horse Fair Green, Thorne, Doncaster, DN8 5EE.
Summary of significant accounting policies and key accounting estimates
The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.
Statement of compliance
These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.
Basis of preparation
These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.
Revenue recognition
Turnover comprises rents receivable in the ordinary course of the company's activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
Investment property
No depreciation is provided in respect of investment properties. This treatment as regards to the company's investment properties may be a departure from the requirements of the Companies Act concerning the depreciation of fixed assets. However, these properties are not held for consumption but for investment and the director considered that systematic annual depreciation would be inappropriate. The accounting policy adopted is therefore necessary for the financial statements to give a true and fair view.
Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.
Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.
PS Holdings (Yorkshire) Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)
1 |
Accounting policies (continued) |
Dividends
Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.
Staff numbers |
The average number of persons employed by the company (including directors) during the year, was
Investment properties |
2024 |
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Additions |
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At 31 August |
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Investments |
2024 |
2023 |
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Investments in subsidiaries |
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Subsidiaries |
£ |
Cost |
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At 1 September 2023 |
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Carrying amount |
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At 31 August 2024 |
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At 31 August 2023 |
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Details of undertakings
Details of the investments (including principal place of business of unincorporated entities) in which the company holds 20% or more of the nominal value of any class of share capital are as follows:
PS Holdings (Yorkshire) Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)
4 |
Investments (continued) |
Undertaking |
Registered office |
Holding |
Proportion of voting rights and shares held |
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2024 |
2023 |
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Subsidiary undertakings |
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Unit 6 Durham Lane, Armthorpe. Doncaster, South Yorkshire, DN3 3FE. England & Wales |
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Subsidiary undertakings |
Premier Storage & Office Solutions Limited The principal activity of Premier Storage & Office Solutions Limited is |
Debtors |
Current |
2024 |
2023 |
Other debtors |
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PS Holdings (Yorkshire) Ltd
Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)
Creditors |
2024 |
2023 |
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Due within one year |
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Bank loan |
24,964 |
- |
Amounts owed to group undertakings |
137,230 |
5,498 |
Taxation and social security |
653 |
- |
Accruals and deferred income |
1,911 |
- |
Other creditors |
3,598 |
- |
168,356 |
5,498 |
2024 |
2023 |
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Due after one year |
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Bank loan |
|
- |
2024 |
2023 |
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Due after more than five years |
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After more than five years by instalments |
|
- |
- |
- |
Dividends |
2024 |
2023 |
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£ |
£ |
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