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REGISTERED NUMBER: 04644202















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

PTN BUILDERS LIMITED

PTN BUILDERS LIMITED (REGISTERED NUMBER: 04644202)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

PTN BUILDERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTOR: P Norris





SECRETARY: Mrs J Norris





REGISTERED OFFICE: 19 Northcote Avenue
Holgate
York
YO24 4JD





REGISTERED NUMBER: 04644202





ACCOUNTANTS: Smith Wilson Limited
2A Acomb Court
Acomb
York
North Yorkshire
YO24 3BJ

PTN BUILDERS LIMITED (REGISTERED NUMBER: 04644202)

BALANCE SHEET
31 JANUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 290 38,519

CURRENT ASSETS
Debtors 5 38,918 6,535
Cash at bank 87,197 110,217
126,115 116,752
CREDITORS
Amounts falling due within one year 6 17,702 31,263
NET CURRENT ASSETS 108,413 85,489
TOTAL ASSETS LESS CURRENT
LIABILITIES

108,703

124,008

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 108,701 124,006
SHAREHOLDERS' FUNDS 108,703 124,008

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 3 April 2024 and were signed by:





P Norris - Director


PTN BUILDERS LIMITED (REGISTERED NUMBER: 04644202)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

PTN Builders Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - NIL ) .

PTN BUILDERS LIMITED (REGISTERED NUMBER: 04644202)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 124,873 19,314 7,252 151,439
Disposals (115,809 ) (19,314 ) (7,252 ) (142,375 )
At 31 January 2024 9,064 - - 9,064
DEPRECIATION
At 1 February 2023 87,907 17,833 7,180 112,920
Charge for year 97 - - 97
Eliminated on disposal (79,230 ) (17,833 ) (7,180 ) (104,243 )
At 31 January 2024 8,774 - - 8,774
NET BOOK VALUE
At 31 January 2024 290 - - 290
At 31 January 2023 36,966 1,481 72 38,519

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors - 6,535
Other debtors 38,918 -
38,918 6,535

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 13
Taxation and social security 16,406 10,028
Other creditors 1,296 21,222
17,702 31,263

7. RELATED PARTY DISCLOSURES

Included in other debtors is an interest-free loan by the company to the director of £8,918 (2023 - £222 from the director to the company) .

8. ULTIMATE CONTROLLING PARTY

The company was controlled by the director, Mr P Norris, and by the Secretary, Mrs J Norris,by virtue of their equal shareholdings.

PTN BUILDERS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTOR OF
PTN BUILDERS LIMITED

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 January 2024 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Smith Wilson Limited
2A Acomb Court
Acomb
York
North Yorkshire
YO24 3BJ


4 April 2024