REGISTERED NUMBER: 06922987 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 June 2025

for

PS Paving Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

P Stephens

REGISTERED OFFICE:

8 Wesermarsch Road

Waterlooville

Hampshire

PO8 8JJ

REGISTERED NUMBER:

06922987 (England and Wales)

ACCOUNTANTS:

Ency Associates

Chartered Certified Accountants

Printware Court

Cumberland Business Centre

Northumberland Road

Portsmouth

Hampshire

PO5 1DS

FIXED ASSETS

Tangible assets

4

12,649

5,772

CURRENT ASSETS

Debtors

5

39,201

82,042

Cash at bank

57

840

39,258

82,882

CREDITORS

Amounts falling due within one year

6

144,474

225,914

NET CURRENT LIABILITIES

(105,216

)

(143,032

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(92,567

)

(137,260

)

CREDITORS

Amounts falling due after more than one year

7

(27,449

)

(33,319

)

PROVISIONS FOR LIABILITIES

(2,693

)

(1,097

)

NET LIABILITIES

(122,709

)

(171,676

)

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

(122,711

)

(171,678

)

SHAREHOLDERS' FUNDS

(122,709

)

(171,676

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 30 March 2026 and were signed by:

P Stephens - Director

1.	STATUTORY INFORMATION

PS Paving Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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.

Tangible fixed assets

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

Plant & machinery

-

25% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant &

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 July 2024

3,534

6,700

1,954

12,188

Additions

-

14,495

-

14,495

Disposals

(2,584

)

(3,200

)

-

(5,784

)

At 30 June 2025

950

17,995

1,954

20,899

DEPRECIATION

At 1 July 2024

2,182

2,931

1,303

6,416

Charge for year

100

4,116

651

4,867

Eliminated on disposal

(1,633

)

(1,400

)

-

(3,033

)

At 30 June 2025

649

5,647

1,954

8,250

NET BOOK VALUE

At 30 June 2025

301

12,348

-

12,649

At 30 June 2024

1,352

3,769

651

5,772

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Trade debtors

-

2,830

Amounts recoverable on contract

4,850

79,212

Other debtors

34,351

-

39,201

82,042

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans and overdrafts

11,540

11,382

Trade creditors

34,579

14,185

Taxation and social security

90,875

55,359

Other creditors

7,480

144,988

144,474

225,914

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.25

30.6.24

£

£

Bank loans

27,449

33,319

Amounts falling due in more than five years:

Repayable by instalments

Bank loans

2,949

6,319

8.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2025 and 30 June 2024:

30.6.25

30.6.24

£

£

P Stephens

Balance outstanding at start of year

728

894

Amounts advanced

58,602

101,568

Amounts repaid

(93,681

)

(101,734

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(34,351

)

728

9.	GOING CONCERN

The Financial Statements have been prepared on the going concern basis of accounting. At the Balance Sheet date the company had net current liabilities of £105,216 and net liabilities of £122,709. The director has indicated his continued support for the company and has made further money available since the Balance Sheet date to ensure liabilities have been met as and when they fall due. The Financial Statements include no adjustments should this basis of accounting prove to be inappropriate.