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REGISTERED NUMBER: 03922296 (England and Wales)













FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

P.A.L. ENGINEERING SERVICES LIMITED
P.A.L. ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03922296)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


P.A.L. ENGINEERING SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2024







DIRECTOR: P A Lithauer





SECRETARY: Mrs J Lithauer





REGISTERED OFFICE: 33 Hornsby Square
Southfields Business Park
Basildon
Essex
SS15 6SD





REGISTERED NUMBER: 03922296 (England and Wales)





ACCOUNTANTS: Connah Goldsworthy
Chartered Certified Accountants
12 Station Court
Station Approach
Wickford
Essex
SS11 7AT
Page 1
P.A.L. ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03922296)

BALANCE SHEET
31 DECEMBER 2024

31.12.24 31.12.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 65,580 87,441

CURRENT ASSETS
Stocks 85,665 80,775
Debtors 5 204,523 148,409
Cash at bank and in hand 947,267 865,437
1,237,455 1,094,621
CREDITORS
Amounts falling due within one year 6 142,811 87,027
NET CURRENT ASSETS 1,094,644 1,007,594
TOTAL ASSETS LESS CURRENT
LIABILITIES
1,160,224
1,095,035

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 1,160,222 1,095,033
SHAREHOLDERS' FUNDS 1,160,224 1,095,035

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 16 September 2025 and were signed by:





P A Lithauer - Director


The notes form part of these financial statements

Page 2
P.A.L. ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03922296)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2024

1. STATUTORY INFORMATION

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 8 (2023 - 9 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2024
and 31 December 2024 943 149,008 699 150,650
DEPRECIATION
At 1 January 2024 530 62,329 350 63,209
Charge for year 103 21,670 88 21,861
At 31 December 2024 633 83,999 438 85,070
NET BOOK VALUE
At 31 December 2024 310 65,009 261 65,580
At 31 December 2023 413 86,679 349 87,441

Page 3 continued...
P.A.L. ENGINEERING SERVICES LIMITED (REGISTERED NUMBER: 03922296)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade debtors 151,494 136,642
Amounts owed by group undertakings 53,029 11,767
204,523 148,409

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.24 31.12.23
£    £   
Trade creditors 18,938 10,982
Amounts owed to group undertakings 2,504 765
Taxation and social security 69,214 65,406
Other creditors 52,155 9,874
142,811 87,027

7. ULTIMATE CONTROLLING PARTY

The controlling party is P A Lithauer.

The ultimate controlling party is P A Lithauer.

Page 4