Registered Number
:
03548558
|
For the year ended 30 April 2022
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2022
PDQ Spares Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
PDQ Spares Limited
Statement of Financial Position
2021
2022
Property
,
plant and equipment
|
37,085
27,084
2
37,085
27,084
182,521
171,000
3
Trade and other receivables
|
53,779
46,111
4
455,238
Cash and cash equivalents
|
527,765
744,876
691,538
Trade and other payables
:
amounts falling due within one
|
year
|
(72,774)
(70,167)
5
618,764
674,709
Net current assets
Total assets less current liabilities
|
711,794
645,848
(4,918)
(4,857)
Provisions for liabilities
|
706,876
Net assets
640,991
100
100
706,776
640,891
706,876
640,991
Shareholders' funds
For the year ended 30 April 2022 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies.
|
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006
|
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
|
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
.
|
In accordance with Section
444
of the Companies Act
2006
,
the Income Statement has not been delivered
.
|
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
|
These financial statements were approved and authorised for issue by the Board on 07 July 2022 and were signed by:
|
The notes form part of these financial statements
|
1 of 4
For the year ended 30 April 2022
PDQ Spares Limited
Notes to the Financial Statements
Statutory Information
PDQ Spares Limited is a private limited company
,
limited by shares
,
domiciled in England and Wales
,
registration
|
number
03548558
.
|
Unit 28 Jessops Riverside
800 Brightside Lane
Sheffield
S9 2RX
The presentation currency is £ sterling
.
|
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section
1
A of Financial
|
Reporting Standard
102
'
The Financial Reporting Standard applicable in the UK and Republic of Ireland
'
and the
|
Companies Act
2006
.
The financial statements have been prepared under the historical costs convention as
|
modified by the revaluation of certain assets
.
|
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
|
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
|
Land and buildings
Plant and machinery
Motor vehicles
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.
|
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
For the year ended 30 April 2022
PDQ Spares Limited
Notes to the Financial Statements Continued
2
.
Property
,
plant and equipment
|
Motor vehicles
88,116
47,492
12,578
28,046
19,500
-
19,500
-
-
(12,578)
-
(12,578)
28,046
19,500
47,492
95,038
Provision for depreciation and impairment
|
61,032
35,301
8,598
17,133
Charge for year
5,519
1,828
2,600
1,091
(8,598)
-
(8,598)
-
57,953
37,129
2,600
18,224
9,822
16,900
10,363
37,085
10,913
3,980
12,191
27,084
2021
2022
171,000
182,521
4
.
Trade and other receivables
|
2021
2022
45,909
53,296
202
483
53,779
46,111
5
.
Trade and other payables
:
amounts falling due within one year
|
2021
2022
2,118
2,838
Taxation and social security
|
54,189
67,282
13,860
2,654
70,167
72,774
3 of 4
For the year ended 30 April 2022
PDQ Spares Limited
Notes to the Financial Statements Continued
6
.
Average number of persons employed
|
During the year the average number of employees was 1 (2021 : 3)
4 of 4