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Company Registration No. 14876715 (England and Wales)
Pfs Accident & Repair Ltd Unaudited accounts for the period from 17 May 2023 to 31 May 2024
Pfs Accident & Repair Ltd Unaudited accounts Contents
Page
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Pfs Accident & Repair Ltd Company Information for the period from 17 May 2023 to 31 May 2024
Directors
Bhavesh Vijay Chauhan Zaman Fiaz Hanif
Company Number
14876715 (England and Wales)
Registered Office
4 Guestwick Green Hamilton Leicester England LE5 1BG England
Accountants
Taxsolvers 108 Belgrave Gate Leicester Leicestershire LE1 3GR
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Pfs Accident & Repair Ltd Statement of financial position as at 31 May 2024
2024 
Notes
£ 
Fixed assets
Tangible assets
16,486 
Current assets
Debtors
1,530 
Cash at bank and in hand
53,238 
54,768 
Creditors: amounts falling due within one year
(41,176)
Net current assets
13,592 
Net assets
30,078 
Capital and reserves
Called up share capital
100 
Profit and loss account
29,978 
Shareholders' funds
30,078 
For the period ending 31 May 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 February 2025 and were signed on its behalf by
Bhavesh Vijay Chauhan Director Company Registration No. 14876715
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Pfs Accident & Repair Ltd Notes to the Accounts for the period from 17 May 2023 to 31 May 2024
1
Statutory information
Pfs Accident & Repair Ltd is a private company, limited by shares, registered in England and Wales, registration number 14876715. The registered office is 4 Guestwick Green, Hamilton, Leicester, England, LE5 1BG, England.
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 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% Reducing Balance
Computer equipment
33.33% Straight Line Method
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 17 May 2023
- 
- 
- 
Additions
20,000 
729 
20,729 
At 31 May 2024
20,000 
729 
20,729 
Depreciation
Charge for the period
4,000 
243 
4,243 
At 31 May 2024
4,000 
243 
4,243 
Net book value
At 31 May 2024
16,000 
486 
16,486 
5
Debtors
2024 
£ 
Amounts falling due within one year
Trade debtors
1,530 
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Pfs Accident & Repair Ltd Notes to the Accounts for the period from 17 May 2023 to 31 May 2024
6
Creditors: amounts falling due within one year
2024 
£ 
VAT
10,378 
Trade creditors
1,940 
Taxes and social security
3,420 
Other creditors
18,264 
Loans from directors
7,174 
41,176 
7
Average number of employees
During the period the average number of employees was 0.
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