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REGISTERED NUMBER: 13087545 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2024

for

PBOC Limited

PBOC Limited (Registered number: 13087545)

Contents of the Financial Statements
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PBOC Limited

Company Information
for the Year Ended 31 December 2024







DIRECTOR: P B O'Connor





SECRETARY:





REGISTERED OFFICE: Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS





REGISTERED NUMBER: 13087545 (England and Wales)





ACCOUNTANTS: Horley Green Chartered Accountants
Horley Green House
Horley Green Road
Claremount
Halifax
West Yorkshire
HX3 6AS

PBOC Limited (Registered number: 13087545)

Balance Sheet
31 December 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 17,944 33,569

CURRENT ASSETS
Debtors 5 - 2,972
Cash at bank and in hand 11,382 12,450
11,382 15,422
CREDITORS
Amounts falling due within one year 6 8,029 35,594
NET CURRENT ASSETS/(LIABILITIES) 3,353 (20,172 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,297

13,397

CREDITORS
Amounts falling due after more than one year 7 (14,784 ) (5,267 )

PROVISIONS FOR LIABILITIES 8 (3,409 ) (6,378 )
NET ASSETS 3,104 1,752

RESERVES
Retained earnings 3,104 1,752
3,104 1,752

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 24 February 2025 and were signed by:



P B O'Connor - Director


PBOC Limited (Registered number: 13087545)

Notes to the Financial Statements
for the Year Ended 31 December 2024


1. STATUTORY INFORMATION

PBOC Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover represents the net amount receivable for goods supplied and services provided, excluding value added tax, except in respect of service contracts where turnover is recognised when the company obtains the right to consideration.

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
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 2 (2023 - 2 ) .

PBOC Limited (Registered number: 13087545)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024 3,000 42,413 44 45,457
Disposals - (20,069 ) - (20,069 )
At 31 December 2024 3,000 22,344 44 25,388
DEPRECIATION
At 1 January 2024 1,215 10,658 15 11,888
Charge for year 268 5,469 10 5,747
Eliminated on disposal - (10,191 ) - (10,191 )
At 31 December 2024 1,483 5,936 25 7,444
NET BOOK VALUE
At 31 December 2024 1,517 16,408 19 17,944
At 31 December 2023 1,785 31,755 29 33,569

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
VAT - 2,972

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 4,515 22,719
Social security and other taxes 486 676
VAT 1,774 -
Directors' loan accounts 654 11,599
Accrued expenses 600 600
8,029 35,594

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.12.24 31.12.23
£    £   
Hire purchase contracts 14,784 5,267

8. PROVISIONS FOR LIABILITIES
31.12.24 31.12.23
£    £   
Deferred tax 3,409 6,378

PBOC Limited (Registered number: 13087545)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2024


8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 January 2024 6,378
Deferred Tax (2,969 )
Balance at 31 December 2024 3,409

9. RELATED PARTY DISCLOSURES

The company is controlled by the company director.