2022-07-272023-07-312023-07-31false14258591PIERS AND LEE LIMITED2024-02-1456102iso4217:GBPxbrli:pure142585912022-07-27142585912023-07-31142585912022-07-272023-07-31142585912022-07-26142585912022-07-26142585912022-07-262022-07-2614258591bus:SmallEntities2022-07-272023-07-3114258591bus:AuditExempt-NoAccountantsReport2022-07-272023-07-3114258591bus:AbridgedAccounts2022-07-272023-07-3114258591bus:PrivateLimitedCompanyLtd2022-07-272023-07-3114258591core:WithinOneYear2023-07-3114258591core:AfterOneYear2023-07-3114258591core:WithinOneYear2022-07-2614258591core:AfterOneYear2022-07-2614258591core:ShareCapital2023-07-3114258591core:SharePremium2023-07-3114258591core:RevaluationReserve2023-07-3114258591core:OtherReservesSubtotal2023-07-3114258591core:RetainedEarningsAccumulatedLosses2023-07-3114258591core:ShareCapital2022-07-2614258591core:SharePremium2022-07-2614258591core:RevaluationReserve2022-07-2614258591core:OtherReservesSubtotal2022-07-2614258591core:RetainedEarningsAccumulatedLosses2022-07-2614258591core:LandBuildings2023-07-3114258591core:PlantMachinery2023-07-3114258591core:Vehicles2023-07-3114258591core:FurnitureFittings2023-07-3114258591core:OfficeEquipment2023-07-3114258591core:NetGoodwill2023-07-3114258591core:IntangibleAssetsOtherThanGoodwill2023-07-3114258591core:ListedExchangeTraded2023-07-3114258591core:UnlistedNon-exchangeTraded2023-07-3114258591core:LandBuildings2022-07-2614258591core:PlantMachinery2022-07-2614258591core:Vehicles2022-07-2614258591core:FurnitureFittings2022-07-2614258591core:OfficeEquipment2022-07-2614258591core:NetGoodwill2022-07-2614258591core:IntangibleAssetsOtherThanGoodwill2022-07-2614258591core:ListedExchangeTraded2022-07-2614258591core:UnlistedNon-exchangeTraded2022-07-2614258591core:LandBuildings2022-07-272023-07-3114258591core:PlantMachinery2022-07-272023-07-3114258591core:Vehicles2022-07-272023-07-3114258591core:FurnitureFittings2022-07-272023-07-3114258591core:OfficeEquipment2022-07-272023-07-3114258591core:NetGoodwill2022-07-272023-07-3114258591core:IntangibleAssetsOtherThanGoodwill2022-07-272023-07-3114258591core:ListedExchangeTraded2022-07-272023-07-3114258591core:UnlistedNon-exchangeTraded2022-07-272023-07-3114258591core:MoreThanFiveYears2022-07-272023-07-3114258591core:Non-currentFinancialInstruments2023-07-3114258591core:Non-currentFinancialInstruments2022-07-2614258591dpl:CostSales2022-07-272023-07-3114258591dpl:DistributionCosts2022-07-272023-07-3114258591core:LandBuildings2022-07-272023-07-3114258591core:PlantMachinery2022-07-272023-07-3114258591core:Vehicles2022-07-272023-07-3114258591core:FurnitureFittings2022-07-272023-07-3114258591core:OfficeEquipment2022-07-272023-07-3114258591dpl:AdministrativeExpenses2022-07-272023-07-3114258591core:NetGoodwill2022-07-272023-07-3114258591core:IntangibleAssetsOtherThanGoodwill2022-07-272023-07-3114258591dpl:GroupUndertakings2022-07-272023-07-3114258591dpl:ParticipatingInterests2022-07-272023-07-3114258591dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-272023-07-3114258591core:ListedExchangeTraded2022-07-272023-07-3114258591dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-272023-07-3114258591core:UnlistedNon-exchangeTraded2022-07-272023-07-3114258591dpl:CostSales2022-07-262022-07-2614258591dpl:DistributionCosts2022-07-262022-07-2614258591core:LandBuildings2022-07-262022-07-2614258591core:PlantMachinery2022-07-262022-07-2614258591core:Vehicles2022-07-262022-07-2614258591core:FurnitureFittings2022-07-262022-07-2614258591core:OfficeEquipment2022-07-262022-07-2614258591dpl:AdministrativeExpenses2022-07-262022-07-2614258591core:NetGoodwill2022-07-262022-07-2614258591core:IntangibleAssetsOtherThanGoodwill2022-07-262022-07-2614258591dpl:GroupUndertakings2022-07-262022-07-2614258591dpl:ParticipatingInterests2022-07-262022-07-2614258591dpl:GroupUndertakingscore:ListedExchangeTraded2022-07-262022-07-2614258591core:ListedExchangeTraded2022-07-262022-07-2614258591dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-07-262022-07-2614258591core:UnlistedNon-exchangeTraded2022-07-262022-07-2614258591core:NetGoodwill2023-07-3114258591core:IntangibleAssetsOtherThanGoodwill2023-07-3114258591core:LandBuildings2023-07-3114258591core:PlantMachinery2023-07-3114258591core:Vehicles2023-07-3114258591core:FurnitureFittings2023-07-3114258591core:OfficeEquipment2023-07-3114258591core:AfterOneYear2023-07-3114258591core:WithinOneYear2023-07-3114258591core:ListedExchangeTraded2023-07-3114258591core:UnlistedNon-exchangeTraded2023-07-3114258591core:ShareCapital2023-07-3114258591core:SharePremium2023-07-3114258591core:RevaluationReserve2023-07-3114258591core:OtherReservesSubtotal2023-07-3114258591core:RetainedEarningsAccumulatedLosses2023-07-3114258591core:NetGoodwill2022-07-2614258591core:IntangibleAssetsOtherThanGoodwill2022-07-2614258591core:LandBuildings2022-07-2614258591core:PlantMachinery2022-07-2614258591core:Vehicles2022-07-2614258591core:FurnitureFittings2022-07-2614258591core:OfficeEquipment2022-07-2614258591core:AfterOneYear2022-07-2614258591core:WithinOneYear2022-07-2614258591core:ListedExchangeTraded2022-07-2614258591core:UnlistedNon-exchangeTraded2022-07-2614258591core:ShareCapital2022-07-2614258591core:SharePremium2022-07-2614258591core:RevaluationReserve2022-07-2614258591core:OtherReservesSubtotal2022-07-2614258591core:RetainedEarningsAccumulatedLosses2022-07-2614258591core:NetGoodwill2022-07-2614258591core:IntangibleAssetsOtherThanGoodwill2022-07-2614258591core:LandBuildings2022-07-2614258591core:PlantMachinery2022-07-2614258591core:Vehicles2022-07-2614258591core:FurnitureFittings2022-07-2614258591core:OfficeEquipment2022-07-2614258591core:AfterOneYear2022-07-2614258591core:WithinOneYear2022-07-2614258591core:ListedExchangeTraded2022-07-2614258591core:UnlistedNon-exchangeTraded2022-07-2614258591core:ShareCapital2022-07-2614258591core:SharePremium2022-07-2614258591core:RevaluationReserve2022-07-2614258591core:OtherReservesSubtotal2022-07-2614258591core:RetainedEarningsAccumulatedLosses2022-07-2614258591core:AfterOneYear2022-07-272023-07-3114258591core:WithinOneYear2022-07-272023-07-3114258591core:Non-currentFinancialInstrumentscore:CostValuation2022-07-272023-07-3114258591core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-272023-07-3114258591core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-272023-07-3114258591core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-272023-07-3114258591core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-272023-07-3114258591core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-272023-07-3114258591core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-272023-07-3114258591core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-272023-07-3114258591core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-272023-07-3114258591core:Non-currentFinancialInstrumentscore:CostValuation2023-07-3114258591core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-07-3114258591core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-07-3114258591core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-07-3114258591core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-07-3114258591core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-07-3114258591core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-07-3114258591core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-07-3114258591core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-07-3114258591core:Non-currentFinancialInstrumentscore:CostValuation2022-07-2614258591core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2022-07-2614258591core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2022-07-2614258591core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2022-07-2614258591core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2022-07-2614258591core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2022-07-2614258591core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2022-07-2614258591core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2022-07-2614258591core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2022-07-2614258591bus:Director12022-07-272023-07-3114258591bus:Director22022-07-272023-07-31

PIERS AND LEE LIMITED

Registered Number
14258591
(England and Wales)

Unaudited Financial Statements for the Period ended
31 July 2023

PIERS AND LEE LIMITED
Company Information
for the period from 27 July 2022 to 31 July 2023

Directors

DAVENPORT, Jason Lee
DAVENPORT, Scott Piers

Registered Address

Community House
Badger Street
Bury
BL9 6AD

Registered Number

14258591 (England and Wales)
PIERS AND LEE LIMITED
Statement of Financial Position
31 July 2023

Notes

2023

£

£

Fixed assets
Tangible assets52,017
2,017
Current assets
Debtors7,883
Cash at bank and on hand46
7,929
Creditors amounts falling due within one year8(31,050)
Net current assets (liabilities)(23,121)
Total assets less current liabilities(21,104)
Creditors amounts falling due after one year9(26,731)
Net assets(47,835)
Capital and reserves
Profit and loss account(47,835)
Shareholders' funds(47,835)
The financial statements were approved and authorised for issue by the Board of Directors on 14 February 2024, and are signed on its behalf by:
DAVENPORT, Scott Piers
Director
Registered Company No. 14258591
PIERS AND LEE LIMITED
Notes to the Financial Statements
for the period ended 31 July 2023

1.Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
2.Compliance with applicable reporting framework
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
3.Accounting policies
Property, plant and equipment policy
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery20
Revenue recognition policy
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Foreign currency translation and operations policy
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Employee benefits policy
Contributions to defined contribution plans are expensed in the period to which they relate.
4.Employee information

2023
Average number of employees during the year4
5.Property, plant and equipment

Total

£
Cost or valuation
Additions2,060
At 31 July 232,060
Depreciation and impairment
Charge for year43
At 31 July 2343
Net book value
At 31 July 232,017
At 26 July 22-
6.Debtors within one year

2023

£
Trade debtors / trade receivables941
Other debtors6,906
Prepayments and accrued income36
Total7,883
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
7.Debtors after one year
8.Creditors within one year

2023

£
Trade creditors / trade payables5,850
Accrued liabilities and deferred income25,200
Total31,050
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
9.Creditors after one year

2023

£
Bank borrowings and overdrafts26,731
Total26,731