Company Registration No. 10754501 (England and Wales)
Pritchard and Allen Developers Limited
Unaudited accounts
for the year ended 31 May 2023
Pritchard and Allen Developers Limited
Unaudited accounts
Contents
Pritchard and Allen Developers Limited
Company Information
for the year ended 31 May 2023
Directors
Catherine Sian Pritchard
Henry James Allen
Lawrance Ralph Allen
Company Number
10754501 (England and Wales)
Registered Office
112-113 High Street
LINCOLN
LN5 8DR
UNITED KINGDOM
Accountants
M D Darby FCPA, CPAA, FIAB, ACCA/Cert:IFR, IFRS, IPSAS, IA
Templar Accounting & Business Support
Services Limited (Incorp: Blake and Co )
112 - 113 High Street,
Lincoln, Lincolnshire
LN5 7PY
Pritchard and Allen Developers Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
55
692
Creditors: amounts falling due within one year
(9,733)
(8,784)
Net current assets
21,666
21,666
Called up share capital
3
3
Capital contribution reserve
32,500
32,500
Profit and loss account
(10,837)
(10,837)
Shareholders' funds
21,666
21,666
For the year ending 31 May 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 2 February 2024 and were signed on its behalf by
Catherine Sian Pritchard
Director
Company Registration No. 10754501
Pritchard and Allen Developers Limited
Notes to the Accounts
for the year ended 31 May 2023
Pritchard and Allen Developers Limited is a private company, limited by shares, registered in England and Wales, registration number 10754501. The registered office is 112-113 High Street, LINCOLN, LN5 8DR, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Work in progress
31,344
29,758
Work-in-Progress at
9 Colgrave Street, Lincoln
5
Creditors: amounts falling due within one year
2023
2022
Loans from directors
9,433
8,484
Pritchard and Allen Developers Limited
Notes to the Accounts
for the year ended 31 May 2023
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).