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Company Registration No. 06766650 (England and Wales)
PSR Direct Ltd Unaudited accounts for the year ended 31 December 2024
PSR Direct Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
PSR Direct Ltd Company Information for the year ended 31 December 2024
Director
Mr Ward
Company Number
06766650 (England and Wales)
Registered Office
Unit 6 Junction 25 Business Park Huddersfield Road Mirfield WF14 9DA United Kingdom
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PSR Direct Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
394,303 
395,347 
Current assets
Inventories
19,700 
19,700 
Debtors
5
30,352 
16,124 
Cash at bank and in hand
58,574 
19,617 
108,626 
55,441 
Creditors: amounts falling due within one year
6
(192,327)
(116,887)
Net current liabilities
(83,701)
(61,446)
Total assets less current liabilities
310,602 
333,901 
Creditors: amounts falling due after more than one year
7
(57,555)
(127,331)
Net assets
253,047 
206,570 
Capital and reserves
Called up share capital
45 
45 
Profit and loss account
253,002 
206,525 
Shareholders' funds
253,047 
206,570 
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 September 2025 and were signed on its behalf by
Mr Ward Director Company Registration No. 06766650
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PSR Direct Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
PSR Direct Ltd is a private company, limited by shares, registered in England and Wales, registration number 06766650. The registered office is Unit 6, Junction 25 Business Park, Huddersfield Road, Mirfield, WF14 9DA, United Kingdom.
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:
Plant & machinery
20% SL
Motor vehicles
25% SL
Fixtures & fittings
30% SL
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 January 2024
392,881 
59,007 
14,395 
6,684 
472,967 
At 31 December 2024
392,881 
59,007 
14,395 
6,684 
472,967 
Depreciation
At 1 January 2024
- 
56,541 
14,395 
6,684 
77,620 
Charge for the year
- 
1,044 
- 
- 
1,044 
At 31 December 2024
- 
57,585 
14,395 
6,684 
78,664 
Net book value
At 31 December 2024
392,881 
1,422 
- 
- 
394,303 
At 31 December 2023
392,881 
2,466 
- 
- 
395,347 
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PSR Direct Ltd Notes to the Accounts for the year ended 31 December 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
21,216 
15,655 
Deferred tax asset
270 
469 
Accrued income and prepayments
8,866 
- 
30,352 
16,124 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
59,663 
24,580 
Trade creditors
26,849 
24,525 
Taxes and social security
9,781 
- 
Other creditors
15,110 
11,945 
Loans from directors
80,924 
55,837 
192,327 
116,887 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
57,555 
127,331 
8
Average number of employees
During the year the average number of employees was 6 (2023: 6).
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