REGISTERED NUMBER: 05396668 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

PSB PROPERTIES (HERTFORD) LTD

Page

Company Information

1

Balance Sheet

2

DIRECTORS:

Mr Nicholas Evan Boyles

Mr Michael John Perry

SECRETARY:

Mr Nicholas Evan Boyles

REGISTERED OFFICE:

Alexander House

15 Ware Road

Hertford

Hertfordshire

SG13 7DZ

REGISTERED NUMBER:

05396668 (England and Wales)

ACCOUNTANTS:

SRG Newmans Limited

Five Ways

57-59 Hatfield Road

Potters Bar

Hertfordshire

EN6 1HS

FIXED ASSETS

213,490

212,617

CURRENT ASSETS

32,232

23,193

CREDITORS

Amounts falling due within one year

(8,669

)

(4,816

)

NET CURRENT ASSETS

23,563

18,377

TOTAL ASSETS LESS CURRENT LIABILITIES

237,053

230,994

CREDITORS

Amounts falling due after more than one year

(124,391

)

(123,991

)

NET ASSETS

112,662

107,003

CAPITAL AND RESERVES

112,662

107,003

NOTES TO THE FINANCIAL STATEMENTS

1.	AVERAGE NUMBER OF EMPLOYEES

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

2.	OTHER FINANCIAL COMMITMENTS

At the year ended 31st March 2025, the long term loan balance of £124,391 (2024: £123,991) is owed to the Directors Mr Boyles and Mr Perry. Interest is being accrued at the rate of 10%.

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 26 May 2025 and were signed on its behalf by:

Mr Nicholas Evan Boyles - Director