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REGISTERED NUMBER: 03322424 (England and Wales)



UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

P.R. FREDDI LTD.
T/A
PRF BUILDING CONTRACTORS

P.R. FREDDI LTD. (REGISTERED NUMBER: 03322424)
T/A PRF BUILDING CONTRACTORS






CONTENTS OF THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


P.R. FREDDI LTD.
T/A PRF BUILDING CONTRACTORS

COMPANY INFORMATION
For The Year Ended 31 October 2023







DIRECTOR: R Bhikarry



REGISTERED OFFICE: 15 Deepdene Road
Welling
Kent
DA16 3QL



REGISTERED NUMBER: 03322424 (England and Wales)



ACCOUNTANTS: Robsons Accountants
19 Montpelier Avenue
Bexley
Kent
DA5 3AP



BANKERS: HSBC Bank plc
31 Euston Road
Camden
London
NW1 2ST

P.R. FREDDI LTD. (REGISTERED NUMBER: 03322424)
T/A PRF BUILDING CONTRACTORS

BALANCE SHEET
31 October 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 6,728 10,617

CURRENT ASSETS
Debtors 5 571 792
Cash at bank and in hand 147,544 179,735
148,115 180,527
CREDITORS
Amounts falling due within one year 6 (3,055 ) 4,140
NET CURRENT ASSETS 145,060 184,667
TOTAL ASSETS LESS CURRENT
LIABILITIES

151,788

195,284

CAPITAL AND RESERVES
Called up share capital 500 500
Capital redemption reserve 1,000 1,000
Retained earnings 150,288 193,784
SHAREHOLDERS' FUNDS 151,788 195,284

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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 31 July 2024 and were signed by:




R Bhikarry - Director


P.R. FREDDI LTD. (REGISTERED NUMBER: 03322424)
T/A PRF BUILDING CONTRACTORS

NOTES TO THE FINANCIAL STATEMENTS
For The Year Ended 31 October 2023

1. STATUTORY INFORMATION

P.R. Freddi Ltd. 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.

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 etc - 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 (2022 - 2 ) .

P.R. FREDDI LTD. (REGISTERED NUMBER: 03322424)
T/A PRF BUILDING CONTRACTORS

NOTES TO THE FINANCIAL STATEMENTS - continued
For The Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2022 45,555
Disposals (17,934 )
At 31 October 2023 27,621
DEPRECIATION
At 1 November 2022 34,938
Charge for year 2,242
Eliminated on disposal (16,287 )
At 31 October 2023 20,893
NET BOOK VALUE
At 31 October 2023 6,728
At 31 October 2022 10,617

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors (1 ) -
Other debtors 572 792
571 792

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 1,353 1,396
Taxation and social security - (7,451 )
Other creditors 1,702 1,915
3,055 (4,140 )