Company Registration No. 14042074 (England and Wales)
PSC ESTATES LTD
Financial Statements
for the year ended 30 April 2024
PSC ESTATES LTD
Financial Statements
Contents
PSC ESTATES LTD
Company Information
for the year ended 30 April 2024
Director
Mr Philip Scott Cunliffe
Company Number
14042074 (England and Wales)
Registered Office
14 MUSEUM PLACE
CARDIFF
CF10 3BH
WALES
PSC ESTATES LTD
Statement of financial position
as at 30 April 2024
Tangible assets
26,884
5,250
Cash at bank and in hand
27,619
1
Creditors: amounts falling due within one year
(6,648)
(2)
Net current assets/(liabilities)
20,971
(1)
Total assets less current liabilities
47,855
5,249
Creditors: amounts falling due after more than one year
(42,786)
(8,565)
Net assets/(liabilities)
5,069
(3,316)
Called up share capital
1
1
Profit and loss account
5,068
(3,317)
Shareholders' funds
5,069
(3,316)
For the year ending 30 April 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 director acknowledges his 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 and authorised for issue on 6 March 2025 and were signed on its behalf by
Mr Philip Scott Cunliffe
Director
Company Registration No. 14042074
PSC ESTATES LTD
Notes to the Accounts
for the year ended 30 April 2024
PSC ESTATES LTD is a private company, limited by shares, registered in England and Wales, registration number 14042074. The registered office is 14 MUSEUM PLACE, CARDIFF, CF10 3BH, WALES.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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
Straight Line Basis
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 May 2023
-
7,000
7,000
At 30 April 2024
31,178
7,000
38,178
At 1 May 2023
-
1,750
1,750
Charge for the year
7,794
1,750
9,544
At 30 April 2024
7,794
3,500
11,294
At 30 April 2024
23,384
3,500
26,884
At 30 April 2023
-
5,250
5,250
5
Creditors: amounts falling due within one year
2024
2023
PSC ESTATES LTD
Notes to the Accounts
for the year ended 30 April 2024
6
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
42,786
8,565
7
Average number of employees
During the year the average number of employees was 1 (2023: 1).