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REGISTERED NUMBER: 09570991 (England and Wales)















PDC PAINTING&DECORATING CONTRACTORS LTD

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 JULY 2022






PDC PAINTING&DECORATING CONTRACTORS LTD (REGISTERED NUMBER: 09570991)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PDC PAINTING&DECORATING CONTRACTORS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JULY 2022







DIRECTOR: Mr P Cox





REGISTERED OFFICE: 44 Nursery Fields
Hythe
Kent
CT21 4DS





REGISTERED NUMBER: 09570991 (England and Wales)





ACCOUNTANTS: Spurling Cannon
King Arthur’s Court
Maidstone Road
Charing
Kent
TN27 0JS

PDC PAINTING&DECORATING CONTRACTORS LTD (REGISTERED NUMBER: 09570991)

BALANCE SHEET
31 JULY 2022

2022 2021
Notes £    £   
FIXED ASSETS
Tangible assets 4 9,092 12,123

CURRENT ASSETS
Debtors 5 5,957 17,822
Cash at bank and in hand 50,578 31,233
56,535 49,055
CREDITORS
Amounts falling due within one year 6 (26,467 ) (21,401 )
NET CURRENT ASSETS 30,068 27,654
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,160

39,777

CREDITORS
Amounts falling due after more than one
year

7

(6,542

)

(9,229

)
NET ASSETS 32,618 30,548

CAPITAL AND RESERVES
Called up share capital 150 150
Capital redemption reserve (22,384 ) (22,384 )
Retained earnings 54,852 52,782
SHAREHOLDERS' FUNDS 32,618 30,548

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2022 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.

PDC PAINTING&DECORATING CONTRACTORS LTD (REGISTERED NUMBER: 09570991)

BALANCE SHEET - continued
31 JULY 2022


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 13 September 2022 and were signed by:





Mr P Cox - Director


PDC PAINTING&DECORATING CONTRACTORS LTD (REGISTERED NUMBER: 09570991)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JULY 2022

1. STATUTORY INFORMATION

PDC Painting&Decorating Contractors Ltd 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 and machinery - 25% on reducing balance

Taxation
Taxation for the year comprises current 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 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2021 - 3 ).

PDC PAINTING&DECORATING CONTRACTORS LTD (REGISTERED NUMBER: 09570991)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JULY 2022

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 August 2021
and 31 July 2022 16,395
DEPRECIATION
At 1 August 2021 4,272
Charge for year 3,031
At 31 July 2022 7,303
NET BOOK VALUE
At 31 July 2022 9,092
At 31 July 2021 12,123

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 5,957 17,822

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Hire purchase contracts 2,342 2,342
Trade creditors 2,178 3,210
Corporation Tax 9,481 4,046
Social security and other taxes 339 2,178
VAT 12,117 9,613
Directors' current accounts 10 12
26,467 21,401

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2022 2021
£    £   
Hire purchase contracts 6,542 9,229

8. ULTIMATE CONTROLLING PARTY

In the opinion of the directors there is no ultimate controlling party.