Company registration number 06281315 (England and Wales)
PRESSURE FORCE (UK) LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
PAGES FOR FILING WITH REGISTRAR
PRESSURE FORCE (UK) LTD
CONTENTS
Page
Balance sheet
2 - 3
Notes to the financial statements
4 - 7
PRESSURE FORCE (UK) LTD
COMPANY INFORMATION
- 1 -
Director
Mr P M Brookes
Company number
06281315
Registered office
Unit 7
Shires Industrial Estate
Essington Close
Lichfield
Staffordshire
WS14 9AZ
Accountants
Haslehursts Limited
88 Hill Village Road
Sutton Coldfield
West Midlands
England
B75 5BE
PRESSURE FORCE (UK) LTD
BALANCE SHEET
AS AT 30 JUNE 2024
30 June 2024
- 2 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
201,316
160,658
Current assets
Stocks
42,250
37,550
Debtors
4
128,687
132,298
Cash at bank and in hand
352,843
208,321
523,780
378,169
Creditors: amounts falling due within one year
5
(135,459)
(101,940)
Net current assets
388,321
276,229
Total assets less current liabilities
589,637
436,887
Creditors: amounts falling due after more than one year
6
-
0
(11,964)
Provisions for liabilities
(39,239)
(33,906)
Net assets
550,398
391,017
Capital and reserves
Called up share capital
7
1
1
Profit and loss reserves
550,397
391,016
Total equity
550,398
391,017
PRESSURE FORCE (UK) LTD
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2024
30 June 2024
- 3 -

For the financial year ended 30 June 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 of its financial statements for the year in question in accordance with section 476.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved and signed by the director and authorised for issue on 10 February 2025
Mr P M Brookes
Director
Company registration number 06281315 (England and Wales)
PRESSURE FORCE (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
- 4 -
1
Accounting policies
Company information

Pressure Force (UK) Ltd is a private company limited by shares incorporated in England and Wales. The registered office is Unit 7, Shires Industrial Estate, Essington Close, Lichfield, Staffordshire, WS14 9AZ.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

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

1.3
Tangible fixed assets

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
25% on reducing balance
Fixtures and fittings
25% on reducing balance
Motor vehicles
25% on reducing balance
1.4
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

PRESSURE FORCE (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
1
Accounting policies
(Continued)
- 5 -
Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
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.

1.7
Leases

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

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
5
3
PRESSURE FORCE (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 6 -
3
Tangible fixed assets
Plant and equipment
Fixtures and fittings
Motor vehicles
Total
£
£
£
£
Cost
At 1 July 2023
43,339
21,457
278,188
342,984
Additions
14,449
18,089
57,598
90,136
Disposals
(2,660)
-
0
-
0
(2,660)
At 30 June 2024
55,128
39,546
335,786
430,460
Depreciation and impairment
At 1 July 2023
21,117
11,473
149,736
182,326
Depreciation charged in the year
7,460
3,372
37,493
48,325
Eliminated in respect of disposals
(1,507)
-
0
-
0
(1,507)
At 30 June 2024
27,070
14,845
187,229
229,144
Carrying amount
At 30 June 2024
28,058
24,701
148,557
201,316
At 30 June 2023
22,222
9,984
128,452
160,658
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
42,222
65,247
Other debtors
86,465
67,051
128,687
132,298
5
Creditors: amounts falling due within one year
2024
2023
£
£
Trade creditors
10,912
12,136
Taxation and social security
97,504
62,395
Other creditors
27,043
27,409
135,459
101,940

Included within creditors are hire purchase agreements amounting to £11,964 (2023: £24,029) which are secured over the assets concerned.

PRESSURE FORCE (UK) LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2024
- 7 -
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Other creditors
-
0
11,964
7
Called up share capital
2024
2023
2024
2023
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary of £1 each
1
1
1
1
8
Directors' transactions
Description
% Rate
Opening balance
Amounts repaid
Closing balance
£
£
£
Mr P M Brookes - Loan
-
17,074
(17,095)
(21)
17,074
(17,095)
(21)
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