Company Registration No. 06472402 (England and Wales)
PEST CONTROL OFFICE LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
PEST CONTROL OFFICE LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 3
PEST CONTROL OFFICE LIMITED
BALANCE SHEET
AS AT 30 JUNE 2023
30 June 2023
- 1 -
2023
2022
Notes
£
£
£
£
Fixed assets
Tangible assets
3
37,316
17,959
Investments
1
1
37,317
17,960
Current assets
Stocks
1,200,200
1,200,200
Debtors
4
2,079,247
287,528
Cash at bank and in hand
1,962,609
3,337,297
5,242,056
4,825,025
Creditors: amounts falling due within one year
5
(604,207)
(382,229)
Net current assets
4,637,849
4,442,796
Total assets less current liabilities
4,675,166
4,460,756
Capital and reserves
Called up share capital
6
1
1
Profit and loss reserves
4,675,165
4,460,755
Total equity
4,675,166
4,460,756
The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true
For the financial year ended 30 June 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.
These financial statements have been prepared 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 22 March 2024 and are signed on its behalf by:
...............
.................
Jennifer Holdsworth
Mark Stephens
Director
Director
Company Registration No. 06472402
PEST CONTROL OFFICE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023
- 2 -
1
Accounting policies
Company information
Pest Control Office Limited is a private company limited by shares incorporated in England and Wales. The registered office is 27 Old Gloucester Street, London, United Kingdom, WC1N 3AX.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest pound (£).
The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Fixtures and fittings
25% Reducing Balance
Computer Equipment
25% Reducing Balance
Art
Nil
1.4
Stock
Stock is stated at the lower of cost and net realisable value.
1.5
Foreign exchange
Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are converted at the exchange rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.
2
Employees
The average monthly number of persons employed by the company during the year was:
2023
2022
Number
Number
Total
9
8
PEST CONTROL OFFICE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 JUNE 2023
- 3 -
3
Tangible fixed assets
Fixtures and fittings
Computer Equipment
Art
Total
£
£
£
£
Cost
At 1 July 2022
7,344
103,235
110,579
Additions
129
23,750
23,879
At 30 June 2023
7,344
103,364
23,750
134,458
Depreciation
At 1 July 2022
6,980
85,640
92,620
Depreciation charged in the year
91
4,431
4,522
At 30 June 2023
7,071
90,071
97,142
Net Book Value
At 30 June 2023
273
13,293
23,750
37,316
At 30 June 2022
364
17,595
17,959
4
Debtors
2023
2022
Amounts falling due within one year:
£
£
Trade debtors
970,364
8,181
Other debtors
1,108,883
279,347
2,079,247
287,528
5
Creditors: amounts falling due within one year
2023
2022
£
£
Trade creditors
620,489
323,471
Corporation tax
41,552
58,758
Other taxation and social security
(66,584)
Other creditors
8,750
604,207
382,229
6
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
1 of £1 each
1
1