REGISTERED NUMBER: 08769040 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Price Business Services Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs J G Price

A J Price

SECRETARY:

Mrs J G Price

REGISTERED OFFICE:

Pyrcroft, Dodds Lane

Woking

Surrey

GU22 8UW

REGISTERED NUMBER:

08769040 (England and Wales)

ACCOUNTANTS:

Price Business Services Limited

Pyrcroft, Dodds Lane

Woking

Surrey

GU22 8UW

FIXED ASSETS

Tangible assets

4

1,443

1,886

CURRENT ASSETS

Debtors

5

5,972

8,440

Cash in hand

26,774

24,837

32,746

33,277

CREDITORS

Amounts falling due within one year

6

9,667

12,525

NET CURRENT ASSETS

23,079

20,752

TOTAL ASSETS LESS CURRENT LIABILITIES

24,522

22,638

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

24,422

22,538

SHAREHOLDERS' FUNDS

24,522

22,638

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 September 2025 and were signed on its behalf by:

Mrs J G Price - Director

1.	STATUTORY INFORMATION

Price Business Services Limited 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 represents net invoiced sales of services, excluding value added tax.

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 etc

-

33% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 April 2024

3,669

Additions

481

At 31 March 2025

4,150

DEPRECIATION

At 1 April 2024

1,783

Charge for year

924

At 31 March 2025

2,707

NET BOOK VALUE

At 31 March 2025

1,443

At 31 March 2024

1,886

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

5,220

7,561

Other debtors

752

879

5,972

8,440

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

-

37

Taxation and social security

9,047

10,596

Other creditors

620

1,892

9,667

12,525

7.	RELATED PARTY DISCLOSURES

At the year end the company owed the director £56 (2024: £1,892). This loan is interest free and repayable on demand.

8.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs J G Price.