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REGISTERED NUMBER: 12995712 (England and Wales)















Financial Statements for the Year Ended 31 March 2025

for

PSS Global Ltd

PSS Global Ltd (Registered number: 12995712)






Contents of the Financial Statements
for the Year Ended 31 March 2025




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


PSS Global Ltd

Company Information
for the Year Ended 31 March 2025







DIRECTORS: S J Miller
P Miller
H De Zeeuw
P Ter Horst





REGISTERED OFFICE: 100 High Ash Drive
Leeds
United Kingdom
West Yorkshire
LS17 8RE





REGISTERED NUMBER: 12995712 (England and Wales)





ACCOUNTANTS: Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE

PSS Global Ltd

Report of the Accountants to the Directors of
PSS Global Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Leon & Company
Chartered Accountants
100 High Ash Drive
Alwoodley
Leeds
West Yorkshire
LS17 8RE


Date: .............................................

PSS Global Ltd (Registered number: 12995712)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 6,959
Tangible assets 5 7,618 102,352
7,618 109,311

CURRENT ASSETS
Stocks - 80,000
Debtors 6 726,932 120,397
Cash at bank 52,049 173,624
778,981 374,021
CREDITORS
Amounts falling due within one year 7 559,471 173,729
NET CURRENT ASSETS 219,510 200,292
TOTAL ASSETS LESS CURRENT
LIABILITIES

227,128

309,603

CREDITORS
Amounts falling due after more than one
year

8

-

(12,062

)

PROVISIONS FOR LIABILITIES (1,905 ) (25,397 )
NET ASSETS 225,223 272,144

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 225,123 272,044
SHAREHOLDERS' FUNDS 225,223 272,144

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

PSS Global Ltd (Registered number: 12995712)

Balance Sheet - continued
31 March 2025


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

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 June 2025 and were signed on its behalf by:





S J Miller - Director


PSS Global Ltd (Registered number: 12995712)

Notes to the Financial Statements
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

PSS Global Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost and 10% on cost
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 20% on cost
Computer equipment - 25% on reducing balance

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-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.

PSS Global Ltd (Registered number: 12995712)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - 4 ).

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2024 8,000
Disposals (8,000 )
At 31 March 2025 -
AMORTISATION
At 1 April 2024 1,041
Charge for year 733
Eliminated on disposal (1,774 )
At 31 March 2025 -
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 6,959

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2024 18,080 13,698 110,034 3,315 145,127
Disposals (4,500 ) (13,698 ) (110,034 ) (3,315 ) (131,547 )
At 31 March 2025 13,580 - - - 13,580
DEPRECIATION
At 1 April 2024 4,163 4,138 33,040 1,434 42,775
Charge for year 2,797 7,554 22,007 688 33,046
Eliminated on disposal (998 ) (11,692 ) (55,047 ) (2,122 ) (69,859 )
At 31 March 2025 5,962 - - - 5,962
NET BOOK VALUE
At 31 March 2025 7,618 - - - 7,618
At 31 March 2024 13,917 9,560 76,994 1,881 102,352

PSS Global Ltd (Registered number: 12995712)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 125,032 67,756
Other debtors 2,150 40,001
Lease rent deposit 10,250 10,250
Loans 588,000 -
Prepayments and accrued income 1,500 2,390
726,932 120,397

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts - 20,678
Tax 34,743 60,436
Social security and other taxes 650 -
VAT 25,623 21,048
Other creditors 250,000 50,000
Directors' current accounts 248,455 1,914
Accruals - 3,582
Deferred inccome - 16,071
559,471 173,729

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts - 12,062

9. OTHER FINANCIAL COMMITMENTS

The company has leased premises commencing 3 April 2023 for 5 years at £20,600 per annum.