1 November 2022 v2024.10.1 micro_entity_frs_105_v1_1_1 filingSoftwarefalsetruetruetruefalseNo description of principal activitytruexbrli:purexbrli:sharesiso4217:GBP078241762022-11-012023-10-31078241762023-10-31078241762022-10-3107824176core:WithinOneYear2023-10-3107824176core:WithinOneYear2022-10-3107824176core:AfterOneYear2023-10-3107824176core:AfterOneYear2022-10-3107824176bus:RegisteredOffice2022-11-012023-10-31078241762021-11-012022-10-3107824176bus:Director12022-11-012023-10-310782417612022-11-012023-10-3107824176countries:EnglandWales2022-11-012023-10-3107824176bus:AuditExemptWithAccountantsReport2022-11-012023-10-3107824176bus:PrivateLimitedCompanyLtd2022-11-012023-10-3107824176bus:Micro-entities2022-11-012023-10-3107824176bus:FullAccounts2022-11-012023-10-3107824176bus:Director22022-11-012023-10-31
Company registration number:
07824176
PG Timber Limited
Unaudited Filleted Financial Statements for the year ended
31 October 2023
PG Timber Limited
Statement of Financial Position
31 October 2023
20232022
££
Fixed assets
796,954
 
710,848
 
   
Current assets
119,413
 
79,103
 
Prepayments and accrued income
8,145
 
11,725
 
Creditors: amounts falling due within one year
(315,217
)
(336,680
)
Net current liabilities
(187,659
)
(245,852
)
Total assets less current liabilities
609,295
 
464,996
 
Creditors: amounts falling due after more than one year
(192,039
)
(232,118
)
Provisions for liabilities
(146,151
)
(135,064
)
Accruals and deferred income
(5,687
)
(8,318
)
Net assets
265,418
 
89,496
 
   
Capital and reserves
265,418
 
89,496
 

Notes to the Financial Statements

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
Riverside
,
Knighton Road
,
Presteigne
,
Powys
,
LD8 2ET
, United Kingdom.

2 Average number of employees

The average number of persons employed by the company during the year was
5
(2022:
5
).

3 Directors' advances, credit and guarantees

During the year the directors entered into the following advances and credits with the company:
Mr PM Greenham
2023
Balance Brought forward £(82,362)
Amounts repaid £38,332
Credits £(9,600)
Balance outstanding £(53,630)
2022
Balance brought forward £(65,640)
Credits £(40,000)
Amounts repaid £23,278
Balance outstanding £(82,362)
Mrs P Greenham
2023
Balance brought forward £(81,688)
Amounts repaid £38,333
Credits £(9,600)
Balance outstanding £(64,589)
2022
Balance brought forward £(64,589)
Credits £(40,000)
Repayments £22,901
Balance outstanding £(81,688)
For the year ending
31 October 2023
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the
board of directors
and authorised for issue on
2 February 2024
, and are signed on behalf of the board by:
Mr Phillip Greenham
Director
Company registration number:
07824176