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Company Registration No. 12344759 (England and Wales)
PSRG LEE LIMITED Unaudited accounts for the year ended 31 December 2024
PSRG LEE LIMITED Unaudited accounts Contents
Page
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PSRG LEE LIMITED Company Information for the year ended 31 December 2024
Director
Hoi Sin NG
Company Number
12344759 (England and Wales)
Registered Office
3 NEW BROADWAY LONDON W5 5AW ENGLAND
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PSRG LEE LIMITED Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
- 
6,000 
Tangible assets
32,086 
40,107 
32,086 
46,107 
Current assets
Inventories
2,940 
8,149 
Debtors
27,600 
28,161 
Cash at bank and in hand
11,058 
8,696 
41,598 
45,006 
Creditors: amounts falling due within one year
(15,129)
(19,280)
Net current assets
26,469 
25,726 
Total assets less current liabilities
58,555 
71,833 
Creditors: amounts falling due after more than one year
(93,052)
(92,592)
Net liabilities
(34,497)
(20,759)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(34,597)
(20,859)
Shareholders' funds
(34,497)
(20,759)
For the year ending 31 December 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 her 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 1 April 2025 and were signed on its behalf by
Hoi Sin NG Director Company Registration No. 12344759
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PSRG LEE LIMITED Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
PSRG LEE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12344759. The registered office is 3 NEW BROADWAY, LONDON, W5 5AW, 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 remained unchanged from the previous year, and also 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:
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
30,000 
At 31 December 2024
30,000 
Amortisation
At 1 January 2024
24,000 
Charge for the year
6,000 
At 31 December 2024
30,000 
Net book value
At 31 December 2024
- 
At 31 December 2023
6,000 
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PSRG LEE LIMITED Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 January 2024
17,838 
70,607 
88,445 
At 31 December 2024
17,838 
70,607 
88,445 
Depreciation
At 1 January 2024
8,658 
39,680 
48,338 
Charge for the year
1,836 
6,185 
8,021 
At 31 December 2024
10,494 
45,865 
56,359 
Net book value
At 31 December 2024
7,344 
24,742 
32,086 
At 31 December 2023
9,180 
30,927 
40,107 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
4,971 
3,642 
Trade debtors
8,529 
10,419 
Accrued income and prepayments
14,100 
14,100 
27,600 
28,161 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
6,632 
9,370 
Other creditors
8,497 
9,910 
15,129 
19,280 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
93,052 
92,592 
9
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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