Chiltern PTP Limited 09253064 false 2022-04-01 2023-09-30 2023-09-30 The principal activity of the company is the manufacture of plastic wood products for the construction industry. Digita Accounts Production Advanced 6.30.9574.0 true 09253064 2022-04-01 2023-09-30 09253064 2023-09-30 09253064 core:RetainedEarningsAccumulatedLosses 2023-09-30 09253064 core:ShareCapital 2023-09-30 09253064 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 09253064 core:Non-currentFinancialInstruments core:AfterOneYear 2023-09-30 09253064 core:OtherPropertyPlantEquipment 2023-09-30 09253064 bus:SmallEntities 2022-04-01 2023-09-30 09253064 bus:AuditExemptWithAccountantsReport 2022-04-01 2023-09-30 09253064 bus:FullAccounts 2022-04-01 2023-09-30 09253064 bus:SmallCompaniesRegimeForAccounts 2022-04-01 2023-09-30 09253064 bus:RegisteredOffice 2022-04-01 2023-09-30 09253064 bus:Director1 2022-04-01 2023-09-30 09253064 bus:PrivateLimitedCompanyLtd 2022-04-01 2023-09-30 09253064 core:OtherPropertyPlantEquipment 2022-04-01 2023-09-30 09253064 core:PlantMachinery 2022-04-01 2023-09-30 09253064 countries:England 2022-04-01 2023-09-30 09253064 2022-03-31 09253064 core:OtherPropertyPlantEquipment 2022-03-31 09253064 2021-04-01 2022-03-31 09253064 2022-03-31 09253064 core:RetainedEarningsAccumulatedLosses 2022-03-31 09253064 core:ShareCapital 2022-03-31 09253064 core:CurrentFinancialInstruments core:WithinOneYear 2022-03-31 09253064 core:Non-currentFinancialInstruments core:AfterOneYear 2022-03-31 09253064 core:OtherPropertyPlantEquipment 2022-03-31 iso4217:GBP xbrli:pure

Registration number: 09253064

Chiltern PTP Limited

Annual Report and Unaudited Financial Statements

for the Period from 1 April 2022 to 30 September 2023

 

Chiltern PTP Limited

Contents

Balance Sheet

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

Chiltern PTP Limited

Balance Sheet

as at 30 September 2023

Note

2023
£

2022
£

Fixed assets

 

Tangible assets

4

-

127,284

Current assets

 

Stocks

-

111,713

Debtors

5

169

229,056

Cash at bank and in hand

 

757

9,689

 

926

350,458

Creditors: Amounts falling due within one year

6

(382,412)

(440,684)

Net current liabilities

 

(381,486)

(90,226)

Total assets less current liabilities

 

(381,486)

37,058

Creditors: Amounts falling due after more than one year

6

-

(26,900)

Net (liabilities)/assets

 

(381,486)

10,158

Capital and reserves

 

Allotted, called up and fully paid share capital

1,000

1,000

Profit and loss account

(382,486)

9,158

Shareholders' funds

 

(381,486)

10,158

Registration number: 09253064

 

Chiltern PTP Limited

Balance Sheet

as at 30 September 2023 (continued)

For the financial period ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 23 November 2023
 

.........................................
Mr E B McMullan
Director

 

Chiltern PTP Limited

Notes to the Unaudited Financial Statements

for the Period from 1 April 2022 to 30 September 2023

1

General information

The company is a private company limited by shares incorporated in England within the United Kingdom.

The company's registration number is 09253064.

The address of its registered office is:
First Floor
Rosemount House
Huddersfield Road
Elland
West Yorkshire
HX5 0EE

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have been transferred to the buyer.

 

Chiltern PTP Limited

Notes to the Unaudited Financial Statements

for the Period from 1 April 2022 to 30 September 2023 (continued)

2

Accounting policies (continued)

Government grants

Grants relating to revenue are recognised in income on a systematic basis over the periods in which the entity recognises the related costs for which the grant is intended to compensate.

A grant that becomes receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity with no future related costs shall be recognised in income in the period in which it becomes receivable.

Grants relating to assets are recognised in income on a systematic basis over the expected useful life of the asset.

Tax

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

25% Straight line

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

 

Chiltern PTP Limited

Notes to the Unaudited Financial Statements

for the Period from 1 April 2022 to 30 September 2023 (continued)

2

Accounting policies (continued)

Leases

Rentals in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to the profit and loss account on a straight-line basis over the period of the lease.

Defined contribution pension obligation

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held seperately from those of the company. The annual contributions are charged to the profit and loss account.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period was 8 (2022 - 8).

 

Chiltern PTP Limited

Notes to the Unaudited Financial Statements

for the Period from 1 April 2022 to 30 September 2023 (continued)

4

Tangible assets

Plant and machinery
 £

Total
£

Cost

At 1 April 2022

139,498

139,498

Additions

11,290

11,290

Disposals

(150,788)

(150,788)

At 30 September 2023

-

-

Depreciation

At 1 April 2022

12,214

12,214

Charge for the year

49,322

49,322

Eliminated on disposal

(61,536)

(61,536)

At 30 September 2023

-

-

Net book value

At 30 September 2023

-

-

At 31 March 2022

127,284

127,284

5

Debtors

Current

2023
£

2022
£

Trade debtors

-

217,307

Prepayments

-

8,919

Other debtors

169

2,830

 

169

229,056

 

Chiltern PTP Limited

Notes to the Unaudited Financial Statements

for the Period from 1 April 2022 to 30 September 2023 (continued)

6

Creditors

2023
£

2022
£

Due within one year

Trade creditors

-

87,529

Amounts owed to group undertakings

382,412

310,000

Taxation and social security

-

17,135

Other creditors

-

979

Accruals and deferred income

-

25,041

382,412

440,684

Due after one year

Deferred income

-

26,900