9 30/06/2023 2023-06-30 false false false false false false false false false false true false false true false false false false false true false No description of principal activities is disclosed 2022-07-01 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 12056131 2022-07-01 2023-06-30 12056131 2023-06-30 12056131 2021-07-01 2022-06-30 12056131 2022-06-30 12056131 bus:RegisteredOffice 2022-07-01 2023-06-30 12056131 bus:LeadAgentIfApplicable 2022-07-01 2023-06-30 12056131 bus:Director1 2022-07-01 2023-06-30 12056131 bus:Director2 2022-07-01 2023-06-30 12056131 bus:Director3 2022-07-01 2023-06-30 12056131 core:WithinOneYear 2023-06-30 12056131 core:WithinOneYear 2022-06-30 12056131 core:ShareCapital 2023-06-30 12056131 core:ShareCapital 2022-06-30 12056131 core:RetainedEarningsAccumulatedLosses 2023-06-30 12056131 core:RetainedEarningsAccumulatedLosses 2022-06-30 12056131 bus:Director1 2022-06-30 12056131 bus:Director1 2023-06-30 12056131 bus:Director1 2021-06-30 12056131 bus:Director1 2022-06-30 12056131 bus:Director1 2021-07-01 2022-06-30 12056131 bus:SmallEntities 2022-07-01 2023-06-30 12056131 bus:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 12056131 bus:FullAccounts 2022-07-01 2023-06-30 12056131 bus:SmallCompaniesRegimeForAccounts 2022-07-01 2023-06-30 12056131 bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Company registration number: 12056131
P.J Building & Developments Limited
Unaudited filleted financial statements
30 June 2023
P.J Building & Developments Limited
Contents
Directors and other information
Statement of financial position
Notes to the financial statements
P.J Building & Developments Limited
Directors and other information
Directors Ms M Allen
Mr P Child (Appointed 6 September 2023)
Mr L Ogilvie (Appointed 31 March 2023)
Company number 12056131
Registered office 10 Cliff Parade
Wakefield
West Yorkshire
WF1 2TA
Accountants Andrew Wright & Co
10 Cliff Parade
Wakefield
West Yorkshire
WF1 2TA
P.J Building & Developments Limited
Statement of financial position
30 June 2023
2023 2022
Note £ £ £ £
Current assets
Stocks 39,850 36,814
Debtors 5 209,352 164,890
Cash at bank and in hand 1,528 6,774
_______ _______
250,730 208,478
Creditors: amounts falling due
within one year 6 ( 240,436) ( 197,210)
_______ _______
Net current assets 10,294 11,268
_______ _______
Total assets less current liabilities 10,294 11,268
_______ _______
Net assets 10,294 11,268
_______ _______
Capital and reserves
Called up share capital 1 1
Profit and loss account 10,293 11,267
_______ _______
Shareholders funds 10,294 11,268
_______ _______
For the year ending 30 June 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 18 March 2024 , and are signed on behalf of the board by:
Mr P Child
Director
Company registration number: 12056131
P.J Building & Developments Limited
Notes to the financial statements
Year ended 30 June 2023
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 10 Cliff Parade, Wakefield, West Yorkshire, WF1 2TA.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Taxation
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.
Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
Debt instruments are subsequently measured at amortised cost.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 9 (2022: 9 ).
5. Debtors
2023 2022
£ £
Trade debtors 125,320 85,058
Amounts owed by group undertakings and undertakings in which the company has a participating interest 62,700 60,700
Other debtors 21,332 19,132
_______ _______
209,352 164,890
_______ _______
6. Creditors: amounts falling due within one year
2023 2022
£ £
Bank loans and overdrafts - 30,000
Trade creditors 126,176 95,491
Amounts owed to group undertakings and undertakings in which the company has a participating interest 31,700 28,700
Corporation tax 1,127 2,690
Social security and other taxes 53,726 22,061
Other creditors 27,707 18,268
_______ _______
240,436 197,210
_______ _______
7. Directors advances, credits and guarantees
During the year the directors entered into the following advances and credits with the company:
2023
Balance brought forward Amounts repaid Balance o/standing
£ £ £
Ms M Allen ( 1,031) 37 ( 994)
_______ _______ _______
2022
Balance brought forward Amounts repaid Balance o/standing
£ £ £
Ms M Allen ( 11,679) 10,648 ( 1,031)
_______ _______ _______