PS Holdings (Yorkshire) Ltd 14381918 false 2023-09-01 2024-08-31 2024-08-31 The principal activity of the company is Holding Company Digita Accounts Production Advanced 6.30.9574.0 true false true 14381918 2023-09-01 2024-08-31 14381918 2024-08-31 14381918 core:RetainedEarningsAccumulatedLosses 2024-08-31 14381918 core:ShareCapital 2024-08-31 14381918 core:CurrentFinancialInstruments 2024-08-31 14381918 core:CurrentFinancialInstruments core:WithinOneYear 2024-08-31 14381918 core:Non-currentFinancialInstruments core:AfterOneYear 2024-08-31 14381918 core:MoreThanFiveYears 1 2024-08-31 14381918 bus:SmallEntities 2023-09-01 2024-08-31 14381918 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 14381918 bus:FilletedAccounts 2023-09-01 2024-08-31 14381918 bus:SmallCompaniesRegimeForAccounts 2023-09-01 2024-08-31 14381918 bus:Director1 2023-09-01 2024-08-31 14381918 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 14381918 core:Subsidiary1 2023-09-01 2024-08-31 14381918 core:Subsidiary1 1 2023-09-01 2024-08-31 14381918 core:Subsidiary1 countries:AllCountries 2023-09-01 2024-08-31 14381918 countries:AllCountries 2023-09-01 2024-08-31 14381918 core:CostValuation 2023-08-31 14381918 2022-09-28 2023-08-31 14381918 2023-08-31 14381918 core:RetainedEarningsAccumulatedLosses 2023-08-31 14381918 core:ShareCapital 2023-08-31 14381918 core:CurrentFinancialInstruments 2023-08-31 14381918 core:CurrentFinancialInstruments core:WithinOneYear 2023-08-31 14381918 core:Non-currentFinancialInstruments core:AfterOneYear 2023-08-31 14381918 core:MoreThanFiveYears 1 2023-08-31 14381918 core:Subsidiary1 1 2022-09-28 2023-08-31 iso4217:GBP xbrli:pure

Registration number: 14381918

PS Holdings (Yorkshire) Ltd

Unaudited Financial Statements

for the Year Ended 31 August 2024

 

PS Holdings (Yorkshire) Ltd

(Registration number: 14381918)

Balance Sheet as at 31 August 2024

Note

2024
£

2023
£

Fixed assets

 

Investment property

3

362,730

-

Investments

4

2

2

 

362,732

2

Current assets

 

Debtors

5

100

100

Cash at bank and in hand

 

1,814

-

 

1,914

100

Creditors: Amounts falling due within one year

6

(168,356)

(5,498)

Net current liabilities

 

(166,442)

(5,398)

Total assets less current liabilities

 

196,290

(5,396)

Creditors: Amounts falling due after more than one year

6

(223,016)

-

Net liabilities

 

(26,726)

(5,396)

Capital and reserves

 

Called up share capital

100

100

Retained earnings

(26,826)

(5,496)

Shareholders' deficit

 

(26,726)

(5,396)

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:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

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)

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 6 January 2025 and signed on its behalf by:
 

.........................................

M A Jepson

Director

 

PS Holdings (Yorkshire) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024

1

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

The company's properties are held for long-term investment. Investment properties are accounted for in accordance with FRS102 as follows:-

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.

2

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

3

Investment properties

2024
£

Additions

362,730

At 31 August

362,730

4

Investments

2024
£

2023
£

Investments in subsidiaries

2

2

Subsidiaries

£

Cost

At 1 September 2023

2

Carrying amount

At 31 August 2024

2

At 31 August 2023

2

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

2024

2023

Subsidiary undertakings

Premier Storage & Office Solutions Limited

Unit 6 Durham Lane, Armthorpe. Doncaster, South Yorkshire, DN3 3FE.

England & Wales

Ordinary

100%

100%

Subsidiary undertakings

Premier Storage & Office Solutions Limited

The principal activity of Premier Storage & Office Solutions Limited is Building completion and finishing.

5

Debtors

Current

2024
£

2023
£

Other debtors

100

100

 

100

100

 

PS Holdings (Yorkshire) Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 August 2024 (continued)

6

Creditors

2024
£

2023
£

Due within one year

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
£

Due after one year

 

Bank loan

223,016

-

2024
£

2023
£

Due after more than five years

After more than five years by instalments

123,160

-

-

-

7

Dividends

2024

2023

£

£