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Company Registration No. 14518625 (England and Wales)
PVK Systems Ltd Unaudited accounts for the year ended 31 December 2024
PVK Systems Ltd Unaudited accounts Contents
Page
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PVK Systems Ltd Company Information for the year ended 31 December 2024
Director
Pradeep Vasantha Karunaratne
Company Number
14518625 (England and Wales)
Registered Office
223 St. Albans Road Watford Hertfordshire WD24 5BH England
Accountants
NJ Accountants Ltd CIMA Member In Practice, FCMA, CGMA 53 Edgefield Avenue Barking Essex IG11 9JL
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PVK Systems Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
968 
552 
Current assets
Cash at bank and in hand
69 
560 
Creditors: amounts falling due within one year
(1,052)
(1,144)
Net current liabilities
(983)
(584)
Net liabilities
(15)
(32)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(115)
(132)
Shareholders' funds
(15)
(32)
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 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 29 August 2025 and were signed on its behalf by
Pradeep Vasantha Karunaratne Director Company Registration No. 14518625
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PVK Systems Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
PVK Systems Ltd is a private company, limited by shares, registered in England and Wales, registration number 14518625. The registered office is 223 St. Albans Road, Watford, Hertfordshire, WD24 5BH, 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:
Fixtures & fittings
18% straight line
4
Tangible fixed assets
Computer equipment 
£ 
Cost or valuation
At cost 
At 1 January 2024
675 
Additions
629 
At 31 December 2024
1,304 
Depreciation
At 1 January 2024
123 
Charge for the year
213 
At 31 December 2024
336 
Net book value
At 31 December 2024
968 
At 31 December 2023
552 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
59 
- 
Loans from directors
243 
394 
Accruals
750 
750 
1,052 
1,144 
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PVK Systems Ltd Notes to the Accounts for the year ended 31 December 2024
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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