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REGISTERED NUMBER: 03295098 (England and Wales)
























Unaudited Financial Statements

for the Year Ended 30 April 2023

for

Property Building Maintenance
(Wales) Limited

Property Building Maintenance
(Wales) Limited (Registered number: 03295098)






Contents of the Financial Statements
for the Year Ended 30 April 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Property Building Maintenance
(Wales) Limited

Company Information
for the Year Ended 30 April 2023







Directors: E R Griffiths
G E Griffiths
Mrs H L James





Secretary: Mrs C Griffiths





Registered office: Islawen Farm
Pencoed
Nr Bridgend
Mid Glamorgan
CF35 6SP





Registered number: 03295098 (England and Wales)





Accountants: Curtis Bowden & Thomas Limited
Chartered Certified Accountants
101 Dunraven Street
Tonypandy
CF40 1AR

Property Building Maintenance
(Wales) Limited (Registered number: 03295098)

Balance Sheet
30 April 2023

30.4.23 30.4.22
Notes £    £    £    £   
Fixed assets
Tangible assets 4 479,561 422,151

Current assets
Stocks 399,486 110,000
Debtors 5 790,742 672,667
Cash at bank and in hand 1,726,834 1,441,658
2,917,062 2,224,325
Creditors
Amounts falling due within one year 6 1,182,853 792,612
Net current assets 1,734,209 1,431,713
Total assets less current liabilities 2,213,770 1,853,864

Creditors
Amounts falling due after more than one year 7 (50,280 ) (67,719 )

Provisions for liabilities (90,849 ) (79,925 )
Net assets 2,072,641 1,706,220

Capital and reserves
Called up share capital 100 100
Retained earnings 2,072,541 1,706,120
Shareholders' funds 2,072,641 1,706,220

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

Property Building Maintenance
(Wales) Limited (Registered number: 03295098)

Balance Sheet - continued
30 April 2023


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 Board of Directors and authorised for issue on 3 November 2023 and were signed on its behalf by:





G E Griffiths - Director


Property Building Maintenance
(Wales) Limited (Registered number: 03295098)

Notes to the Financial Statements
for the Year Ended 30 April 2023

1. Statutory information

Property Building Maintenance (Wales) Limited 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
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks and work in progress
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 79 (2022 - 76 ) .

Property Building Maintenance
(Wales) Limited (Registered number: 03295098)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

4. Tangible fixed assets
Fixtures
Freehold Plant and and
property machinery fittings
£    £    £   
Cost
At 1 May 2022 7,353 63,132 12,951
Additions - 3,696 -
Disposals - - -
Reclassification/transfer (7,353 ) - -
At 30 April 2023 - 66,828 12,951
Depreciation
At 1 May 2022 - 56,121 10,389
Charge for year - 2,676 640
Eliminated on disposal - - -
At 30 April 2023 - 58,797 11,029
Net book value
At 30 April 2023 - 8,031 1,922
At 30 April 2022 7,353 7,011 2,562

Motor Computer
vehicles equipment Totals
£    £    £   
Cost
At 1 May 2022 874,711 28,722 986,869
Additions 237,497 6,544 247,737
Disposals (78,315 ) - (78,315 )
Reclassification/transfer - - (7,353 )
At 30 April 2023 1,033,893 35,266 1,148,938
Depreciation
At 1 May 2022 478,953 19,255 564,718
Charge for year 152,534 4,003 159,853
Eliminated on disposal (55,194 ) - (55,194 )
At 30 April 2023 576,293 23,258 669,377
Net book value
At 30 April 2023 457,600 12,008 479,561
At 30 April 2022 395,758 9,467 422,151

Property Building Maintenance
(Wales) Limited (Registered number: 03295098)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2023

5. Debtors: amounts falling due within one year
30.4.23 30.4.22
£    £   
Trade debtors 790,742 672,667

6. Creditors: amounts falling due within one year
30.4.23 30.4.22
£    £   
Hire purchase contracts 67,497 69,085
Trade creditors 533,767 442,755
Taxation and social security 525,417 250,772
Other creditors 56,172 30,000
1,182,853 792,612

7. Creditors: amounts falling due after more than one year
30.4.23 30.4.22
£    £   
Hire purchase contracts 50,280 67,719

8. Ultimate controlling party

The ultimate controlling party is Mr E Griffiths by virtue of his ownership of 96% of the ordinary share capital of the company.