Company Registration No. 02445052 (England and Wales)
P S R Industrial Limited
Unaudited accounts
for the year ended 31 January 2025
P S R Industrial Limited
Unaudited accounts
Contents
P S R Industrial Limited
Company Information
for the year ended 31 January 2025
Directors
Susan Diane Evans
Richard Evans
Company Number
02445052 (England and Wales)
Registered Office
Parkdene
Wilton Road
Melton Mowbray
Leicestershire
LE130UJ
P S R Industrial Limited
Statement of financial position
as at 31 January 2025
Tangible assets
122,733
158,931
Cash at bank and in hand
238,016
238,226
Creditors: amounts falling due within one year
(234,775)
(312,252)
Net current assets
300,634
223,529
Total assets less current liabilities
423,367
382,460
Creditors: amounts falling due after more than one year
(13,542)
(32,326)
Provisions for liabilities
Deferred tax
(28,114)
(37,000)
Net assets
381,711
313,134
Called up share capital
110
110
Profit and loss account
381,601
313,024
Shareholders' funds
381,711
313,134
For the year ending 31 January 2025 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 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 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 of Directors and authorised for issue on 8 May 2025 and were signed on its behalf by
Richard Evans
Director
Company Registration No. 02445052
P S R Industrial Limited
Notes to the Accounts
for the year ended 31 January 2025
P S R Industrial Limited is a private company, limited by shares, registered in England and Wales, registration number 02445052. The registered office is Parkdene, Wilton Road, Melton Mowbray, Leicestershire, LE130UJ.
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:
Fixtures & fittings
10% RB
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2024
458,448
122,930
29,858
-
611,236
Additions
-
-
236
9,106
9,342
Disposals
(39,521)
(107,980)
(4,757)
-
(152,258)
At 31 January 2025
418,927
14,950
25,337
9,106
468,320
At 1 February 2024
309,853
119,066
23,386
-
452,305
Charge for the year
28,335
966
409
5,944
35,654
On disposals
(32,603)
(107,980)
(1,789)
-
(142,372)
At 31 January 2025
305,585
12,052
22,006
5,944
345,587
At 31 January 2025
113,342
2,898
3,331
3,162
122,733
At 31 January 2024
148,595
3,864
6,472
-
158,931
P S R Industrial Limited
Notes to the Accounts
for the year ended 31 January 2025
Amounts falling due within one year
Trade debtors
207,157
190,939
Accrued income and prepayments
604
537
Other debtors
1,693
13,173
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
17,089
15,501
Obligations under finance leases and hire purchase contracts
6,165
24,884
Trade creditors
111,483
174,690
Taxes and social security
61,391
72,156
Loans from directors
306
-
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
13,542
17,125
8
Average number of employees
During the year the average number of employees was 10 (2024: 9).