REGISTERED NUMBER: 03934365 (England and Wales)

Financial Statements

for the Year Ended 27 August 2025

for

PSA Financial Services Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

Fixed assets

Intangible assets

4

-

8,000

Tangible assets

5

221,713

405,469

221,713

413,469

Current assets

Debtors

6

840,935

950,849

Cash at bank and in hand

656,997

375,532

1,497,932

1,326,381

Creditors

Amounts falling due within one year

7

380,517

543,090

Net current assets

1,117,415

783,291

Total assets less current liabilities

1,339,128

1,196,760

Provisions for liabilities

37,040

97,386

Net assets

1,302,088

1,099,374

Capital and reserves

Called up share capital

2

2

Retained earnings

1,302,086

1,099,372

Shareholders' funds

1,302,088

1,099,374

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 27 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 27 August 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 14 May 2026 and were signed on its behalf by:

Mr P T Smith - Director

Mrs L Y Smith - Director

1.	Statutory information

PSA Financial Services Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

03934365

Registered office:

PSA House

3 Rose Way

Blaby

Leicester

Leicestershire

LE8 4BY

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2005, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

20% on cost

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 59 (2024 - 57 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 28 August 2024

and 27 August 2025

80,000

Amortisation

At 28 August 2024

72,000

Charge for year

8,000

At 27 August 2025

80,000

Net book value

At 27 August 2025

-

At 27 August 2024

8,000

5.	Tangible fixed assets

Plant and

machinery

etc

£

Cost

At 28 August 2024

1,033,281

Additions

13,758

At 27 August 2025

1,047,039

Depreciation

At 28 August 2024

627,812

Charge for year

197,514

At 27 August 2025

825,326

Net book value

At 27 August 2025

221,713

At 27 August 2024

405,469

6.

Debtors: amounts falling due within one year

27.8.25

27.8.24

£

£

Other debtors

840,935

950,849

7.

Creditors: amounts falling due within one year

27.8.25

27.8.24

£

£

Taxation and social security

320,372

365,549

Other creditors

60,145

177,541

380,517

543,090

8.	Ultimate control

The company was under the control of Mrs Lesley Smith and Mr Paul Smith who together own all the share capital.