PROFESSIONAL SYSTEM WOOD LTD

Company Registration Number:
09779358 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 01 October 2023

End date: 30 September 2024

PROFESSIONAL SYSTEM WOOD LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

PROFESSIONAL SYSTEM WOOD LTD

Company Information

for the Period Ended 30 September 2024




Director: I ANTOUN
Registered office: C/O Zubaidy & Co
Suite 5-6 Space House
Abbey Road
Park Royal
London
GBR
NW10 7SU
Company Registration Number: 09779358 (England and Wales)

PROFESSIONAL SYSTEM WOOD LTD

Balance sheet

As at 30 September 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 742 927
Total fixed assets: 742 927
Current assets
Debtors: 5 6,056 9,527
Cash at bank and in hand: 16,428 12,080
Total current assets: 22,484 21,607
Creditors: amounts falling due within one year: 6 ( 18,948 ) ( 30,004 )
Net current assets (liabilities): 3,536 ( 8,397 )
Total assets less current liabilities: 4,278 ( 7,470 )
Total net assets (liabilities): 4,278 ( 7,470 )

The notes form part of these financial statements

PROFESSIONAL SYSTEM WOOD LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 4,178 ( 7,570 )
Shareholders funds: 4,278 ( 7,470 )

For the year ending 30 September 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 16 April 2025
And Signed On Behalf Of The Board By:

Name: I ANTOUN
Status: Director

The notes form part of these financial statements

PROFESSIONAL SYSTEM WOOD LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

PROFESSIONAL SYSTEM WOOD LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 4 3

PROFESSIONAL SYSTEM WOOD LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

PROFESSIONAL SYSTEM WOOD LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Tangible assets

Office equipment Total
Cost £ £
At 01 October 2023 2,561 2,561
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2024 2,561 2,561
Depreciation
At 01 October 2023 1,634 1,634
Charge for year 185 185
On disposals - -
Other adjustments - -
At 30 September 2024 1,819 1,819
Net book value
At 30 September 2024 742 742
At 30 September 2023 927 927

PROFESSIONAL SYSTEM WOOD LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Debtors


2024
£

2023
£
Other debtors 6,056 9,527
Total 6,056 9,527

PROFESSIONAL SYSTEM WOOD LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 1,203 1,069
Trade creditors 1,440
Taxation and social security 11,316 15,176
Accruals and deferred income 6,429 6,319
Other creditors 6,000
Total 18,948 30,004