PROCESS VALVE SOLUTIONS LTD

Company Registration Number:
04762450 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2025

Period of accounts

Start date: 01 April 2024

End date: 31 March 2025

PROCESS VALVE SOLUTIONS LTD

Contents of the Financial Statements

for the Period Ended 31 March 2025

Balance sheet
Notes

PROCESS VALVE SOLUTIONS LTD

Balance sheet

As at 31 March 2025


Notes
2025
2024


£
£
Fixed assets
Tangible assets: 3 1,441 2,034
Total fixed assets: 1,441 2,034
Current assets
Stocks: 59,475 56,643
Debtors: 4 128,053 325,311
Cash at bank and in hand: 127,731 76,372
Total current assets: 315,259 458,326
Creditors: amounts falling due within one year:   (108,679) (330,735)
Net current assets (liabilities): 206,580 127,591
Total assets less current liabilities: 208,021 129,625
Creditors: amounts falling due after more than one year:   (32,237) (62,440)
Total net assets (liabilities): 175,784 67,185
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 175,684 67,085
Shareholders funds: 175,784 67,185

The notes form part of these financial statements

PROCESS VALVE SOLUTIONS LTD

Balance sheet statements

For the year ending 31 March 2025 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 31 December 2025
and signed on behalf of the board by:

Name: David Mitchell
Status: Director

The notes form part of these financial statements

PROCESS VALVE SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Tangible fixed assets and depreciation policy

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 and Machinery - Over 5 Years Fixtures and Fittings- Over 5 Years Computer Equipment-Over 3 Years

Other accounting policies

Pension Costs The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due. Stock Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. 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 assets and liabilities are not discounted. Foreign Exchange Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

PROCESS VALVE SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

2. Employees

2025 2024
Average number of employees during the period 5 5

PROCESS VALVE SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

3. Tangible Assets

Total
Cost £
At 01 April 2024 32,667
At 31 March 2025 32,667
Depreciation
At 01 April 2024 30,633
Charge for year 593
At 31 March 2025 31,226
Net book value
At 31 March 2025 1,441
At 31 March 2024 2,034

PROCESS VALVE SOLUTIONS LTD

Notes to the Financial Statements

for the Period Ended 31 March 2025

4. Debtors

2025 2024
££
Debtors due after more than one year: 128,053 325,311