Company Registration No. 10747981 (England and Wales)
PDS Financial Services Limited
Unaudited accounts
for the year ended 31 May 2023
PDS Financial Services Limited
Unaudited accounts
Contents
PDS Financial Services Limited
Company Information
for the year ended 31 May 2023
Company Number
10747981 (England and Wales)
Registered Office
17 Kerris Way
Earley
Reading
Berkshire
RG6 5UW
United Kingdom
PDS Financial Services Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
131,147
84,807
Creditors: amounts falling due within one year
(48,223)
(47,576)
Net current assets
126,982
63,207
Called up share capital
2
2
Profit and loss account
126,980
63,205
Shareholders' funds
126,982
63,207
For the year ending 31 May 2023 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 28 February 2024 and were signed on its behalf by
Philip Stubbs
Director
Company Registration No. 10747981
PDS Financial Services Limited
Notes to the Accounts
for the year ended 31 May 2023
PDS Financial Services Limited is a private company, limited by shares, registered in England and Wales, registration number 10747981. The registered office is 17 Kerris Way, Earley, Reading, Berkshire, RG6 5UW, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements have been prepared on the going concern basis which assumes that the company will be able to continue trading for the foreseeable future. The director intends to continue to provide financial support to the company and as such the going concern basis remains appropriate.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Amounts falling due within one year
Trade debtors
44,058
25,813
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,112
1,233
Taxes and social security
38,794
36,876
PDS Financial Services Limited
Notes to the Accounts
for the year ended 31 May 2023
6
Average number of employees
During the year the average number of employees was 0 (2022: 0).
