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REGISTERED NUMBER: 09349642 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 December 2023

for

PJ Fogarty Builders Ltd

PJ Fogarty Builders Ltd (Registered number: 09349642)






Contents of the Financial Statements
for the Year Ended 31 December 2023




Page

Company Information 1

Report of the Accountants 2

Balance Sheet 3

Notes to the Financial Statements 5


PJ Fogarty Builders Ltd

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mr. Paul Fogarty
Mrs. Debra Fogarty





REGISTERED OFFICE: 29 Sandford Drive Woodley
Reading
Berkshire
RG5 4RR





REGISTERED NUMBER: 09349642 (England and Wales)





ACCOUNTANTS: Avalon Accounting Limited
12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL

PJ Fogarty Builders Ltd

Report of the Accountants to the Directors of
PJ Fogarty Builders Ltd

The following reproduces the text of the report prepared for the directors 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 Income Statement and certain other primary statements and the Report of the Directors 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 December 2023 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.






Avalon Accounting Limited
12 Park Lane
Tilehurst
Reading
Berkshire
RG31 5DL


Date: .............................................

PJ Fogarty Builders Ltd (Registered number: 09349642)

Balance Sheet
31 December 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 3 - -
Tangible assets 4 16,287 8,906
16,287 8,906

CURRENT ASSETS
Debtors 5 74 68
Cash at bank 13,213 19,107
13,287 19,175
CREDITORS
Amounts falling due within one year 6 (9,127 ) (14,438 )
NET CURRENT ASSETS 4,160 4,737
TOTAL ASSETS LESS CURRENT
LIABILITIES

20,447

13,643

CREDITORS
Amounts falling due after more than one year 7 (9,045 ) (3,354 )
NET ASSETS 11,402 10,289

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 9 11,302 10,189
SHAREHOLDERS' FUNDS 11,402 10,289

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

PJ Fogarty Builders Ltd (Registered number: 09349642)

Balance Sheet - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 12 April 2024 and were signed on its behalf by:





Mr. Paul Fogarty - Director


PJ Fogarty Builders Ltd (Registered number: 09349642)

Notes to the Financial Statements
for the Year Ended 31 December 2023

1. 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.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of five years.

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 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 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.

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.

2. EMPLOYEES AND DIRECTORS

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

3. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 11,000
AMORTISATION
At 1 January 2023
and 31 December 2023 11,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 -

PJ Fogarty Builders Ltd (Registered number: 09349642)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 3,764 24,495 1,529 29,788
Additions - 18,995 - 18,995
Disposals - (10,995 ) - (10,995 )
At 31 December 2023 3,764 32,495 1,529 37,788
DEPRECIATION
At 1 January 2023 3,195 16,922 765 20,882
Charge for year 142 5,096 191 5,429
Eliminated on disposal - (4,810 ) - (4,810 )
At 31 December 2023 3,337 17,208 956 21,501
NET BOOK VALUE
At 31 December 2023 427 15,287 573 16,287
At 31 December 2022 569 7,573 764 8,906

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Prepayment 74 68

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 4,216 2,627
Corporation tax 991 8,392
Social security and other tax (1,098 ) (735 )
VAT 2,302 1,941
Directors' current accounts 441 48
Accrued expenses 2,275 2,165
9,127 14,438

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Hire purchase contracts 9,045 3,354

PJ Fogarty Builders Ltd (Registered number: 09349642)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2023

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

9. RESERVES
Retained
earnings
£   

At 1 January 2023 10,189
Profit for the year 22,113
Dividends (21,000 )
At 31 December 2023 11,302

10. RELATED PARTY DISCLOSURES

During the year, dividend of £12,600 (PY - £23,100) declared to Mr. Paul Fogarty and £8,400 (PY - £15,400) to Mrs. Debra Fogarty. Mr. Paul Fogarty and Mrs. Debra Fogarty are also directors of the company.

11. ULTIMATE CONTROLLING PARTY

The company is under the control of Mr. Paul Fogarty who owns 60% of the issued share capital of the company. Mr. Paul Fogarty is also a director of the company.