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REGISTERED NUMBER: 09870974 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 NOVEMBER 2023

FOR

P AND D BUILDING LIMITED

P AND D BUILDING LIMITED (REGISTERED NUMBER: 09870974)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


P AND D BUILDING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTORS: Mr P A Dockrill
Mr R P Dockrill





REGISTERED OFFICE: Penny Cottage
69a Wainsford Road
Pennington
Lymington
Hampshire
SO41 8GG





REGISTERED NUMBER: 09870974 (England and Wales)





ACCOUNTANTS: Casson Beckman
Chartered Accountants
Murrills House
48 East Street
Portchester
Fareham
Hampshire
PO16 9XS

P AND D BUILDING LIMITED (REGISTERED NUMBER: 09870974)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,760 2,347

CURRENT ASSETS
Stocks 1,000 1,000
Debtors 5 5,845 30,859
Cash at bank 3,994 4,638
10,839 36,497
CREDITORS
Amounts falling due within one year 6 29,079 42,335
NET CURRENT LIABILITIES (18,240 ) (5,838 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(16,480

)

(3,491

)

CREDITORS
Amounts falling due after more than one year 7 (4,322 ) (7,780 )

PROVISIONS FOR LIABILITIES - (171 )
NET LIABILITIES (20,802 ) (11,442 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (20,902 ) (11,542 )
SHAREHOLDERS' FUNDS (20,802 ) (11,442 )

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

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

P AND D BUILDING LIMITED (REGISTERED NUMBER: 09870974)

BALANCE SHEET - continued
30 NOVEMBER 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 February 2024 and were signed on its behalf by:




Mr R P Dockrill - Director



Mr P A Dockrill - Director


P AND D BUILDING LIMITED (REGISTERED NUMBER: 09870974)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

P and D Building 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

At the year end the company had an overdrawn balance sheet. The directors have agreed to continue to provide financial support to the company for the foreseeable future and for at least twelve months from the date of signing the accounts and therefore the accounts have been prepared on the going concern basis.

Turnover
Turnover represents amounts received for building services.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

P AND D BUILDING LIMITED (REGISTERED NUMBER: 09870974)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 13,200 875 14,075
DEPRECIATION
At 1 December 2022 10,853 875 11,728
Charge for year 587 - 587
At 30 November 2023 11,440 875 12,315
NET BOOK VALUE
At 30 November 2023 1,760 - 1,760
At 30 November 2022 2,347 - 2,347

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors - 10,481
Other debtors 5,845 20,378
5,845 30,859

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 3,458 3,458
Trade creditors 9,714 23,391
Taxation and social security 7,395 7,607
Other creditors 8,512 7,879
29,079 42,335

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 4,322 7,780

P AND D BUILDING LIMITED (REGISTERED NUMBER: 09870974)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 November 2023 and 30 November 2022:

2023 2022
£    £   
Mr P A Dockrill
Balance outstanding at start of year 11,325 11,155
Amounts advanced - 279
Amounts repaid (11,325 ) (109 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 11,325

Interest has been charged at the HMRC official rate on the above loan and there are no fixed terms of repayment.