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Company Registration No. 07245774 (England and Wales)
Pest Expert Limited Unaudited accounts for the year ended 31 May 2024
Pest Expert Limited Unaudited accounts Contents
Page
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Pest Expert Limited Company Information for the year ended 31 May 2024
Directors
Mr Allister John Ashmore Mrs Claire Ashmore
Company Number
07245774 (England and Wales)
Registered Office
56 Broadfield Road Sheffield South Yorkshire S8 0XJ United Kingdom
Accountants
Symmetry Accounting Services Limited 124 Hungerhill Road Rotherham South Yorkshire S61 3NP
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Pest Expert Limited Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
240,000 
300,000 
Cash at bank and in hand
932,282 
339,960 
1,172,282 
639,960 
Creditors: amounts falling due within one year
(325,352)
(133,040)
Net current assets
846,930 
506,920 
Net assets
846,930 
506,920 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
846,928 
506,918 
Shareholders' funds
846,930 
506,920 
For the year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2024 and were signed on its behalf by
Mrs Claire Ashmore Director Company Registration No. 07245774
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Pest Expert Limited Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Pest Expert Limited is a private company, limited by shares, registered in England and Wales, registration number 07245774. The registered office is 56 Broadfield Road, Sheffield, South Yorkshire, S8 0XJ, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due after more than one year
Trade debtors
240,000 
300,000 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
61,867 
52,085 
Trade creditors
147,269 
21,911 
Taxes and social security
113,337 
56,165 
Loans from directors
2,879 
2,879 
325,352 
133,040 
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Pest Expert Limited Notes to the Accounts for the year ended 31 May 2024
6
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2 
2 
7
Transactions with related parties
Sales includes £200,000 (2023: £250,000) which was invoiced to Pest Control Supermarket.com Ltd during the year, for use of the Pest Expert brand name. Pest Control Supermarket.com Ltd is a company owned and controlled by the directors of the reporting company. Purchases includes £299,492 (2023: £53,474) which was invoiced from Pest Control Supermarket.com Ltd during the year, for procurement services. Trade debtors included £240,000 (2023: £300,000) owed by Pest Control Supermarket.com Ltd as at the year end. Trade creditors included £147,269 (2023: £21,911) owed to Pest Control Supermarket.com Ltd as at the year end.
8
Controlling party
The company is managed and controlled by the directors, Mr A J Ashmore and Mrs C Ashmore.
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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