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Company Registration No. 9466564 (England and Wales)
PS Accounting Solutions Limited Unaudited accounts for the year ended 31 March 2025
PS Accounting Solutions Limited Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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PS Accounting Solutions Limited Company Information for the year ended 31 March 2025
Director
Paul Sale
Secretary
Hannah Sale
Company Number
9466564 (England and Wales)
Registered Office
8 REDE WOOD ROAD BARMING MAIDSTONE KENT ME16 9HL ENGLAND
Accountants
PS Accounting Solutions Ltd 8 Rede Wood Road Barming Maidstone Kent ME16 9HL
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PS Accounting Solutions Limited Statement of financial position as at 31 March 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
1,109
405
Current assets
Debtors
5
1,956
3,518
Cash at bank and in hand
58,472
48,013
60,428
51,531
Creditors: amounts falling due within one year
6
(15,712)
(10,861)
Net current assets
44,716
40,670
Total assets less current liabilities
45,825
41,075
Provisions for liabilities
Deferred tax
(211)
(77)
Net assets
45,614
40,998
Capital and reserves
Called up share capital
7
100
100
Profit and loss account
45,514
40,898
Shareholders' funds
45,614
40,998
For the year ending 31 March 2025 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 5 November 2025 and were signed on its behalf by
Paul Sale Director Company Registration No. 9466564
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PS Accounting Solutions Limited Notes to the Accounts for the year ended 31 March 2025
1
Statutory information
PS Accounting Solutions Limited is a private company, limited by shares, registered in England and Wales, registration number 9466564. The registered office is 8 REDE WOOD ROAD, BARMING, MAIDSTONE, KENT, ME16 9HL, 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.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax is not provided on timing differences arising from the revaluation of fixed assets where there is no commitment to sell the asset. Deferred tax assets and liabilities are not discounted.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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
20%
Computer equipment
25%
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PS Accounting Solutions Limited Notes to the Accounts for the year ended 31 March 2025
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 April 2024
1,265
3,748
5,013
Additions
-
1,260
1,260
At 31 March 2025
1,265
5,008
6,273
Depreciation
At 1 April 2024
1,265
3,343
4,608
Charge for the year
-
556
556
At 31 March 2025
1,265
3,899
5,164
Net book value
At 31 March 2025
-
1,109
1,109
At 31 March 2024
-
405
405
5
Debtors
2025
2024
£
£
Amounts falling due within one year
Trade debtors
1,856
3,418
Other debtors
100
100
1,956
3,518
6
Creditors: amounts falling due within one year
2025
2024
£
£
VAT
6,014
2,264
Taxes and social security
9,159
8,563
Loans from directors
8
34
Deferred income
531
-
15,712
10,861
7
Share capital
2025
2024
£
£
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Controlling party
The controlling party is Mr P.Sale by virtue of having 65% ownership of the issued share capital in the company.
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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