|
PNF SURVEYORS LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025
PNF Surveyors Limited ("the Company) is a private company, limited by shares, incorporated in England and Wales. The Company’s registered number is 07073703. The address of its registered office is 6th Floor Central Square, 29 Wellington Street, Leeds, LS1 4DL.
The principal activity of the Company is that of a dormant entity.
2.Accounting policies
|
|
|
Basis of preparation of financial statements
|
The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.
These financial statements have been presented in pound sterling which is the functional currency of the Company, and rounded to the nearest pound.
These financial statements have been prepared under the historical cost convention.
The following principal accounting policies have been applied:
The director believes there is nothing to indicate that the Company will not continue as a going concern. Whilst the Company is not expected to trade in the coming year, the director does not intend to wind up the Company, it will remain dormant for the foreseeable future. The period to which the director has paid particular attention in assessing the appropriateness of the going concern basis is not less than twelve months from the date of approval of the accounts.
Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.
|