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REGISTERED NUMBER: 07963867 (England and Wales)


UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29TH FEBRUARY 2024

FOR

P & D BOND KITCHEN FITTERS LIMITED

P & D BOND KITCHEN FITTERS LIMITED (REGISTERED NUMBER: 07963867)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Report of the Accountants 8

P & D BOND KITCHEN FITTERS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 29TH FEBRUARY 2024







DIRECTORS: P J Bond
D P Bond





REGISTERED OFFICE: Independence House
14a Nelson Street
Southend-on-Sea
Essex
SS1 1EF





REGISTERED NUMBER: 07963867 (England and Wales)





ACCOUNTANTS: Ashton Wallace
Chartered Certified Accountants
Independence House
14a Nelson Street
Southend-on-Sea
Essex
SS1 1EF

P & D BOND KITCHEN FITTERS LIMITED (REGISTERED NUMBER: 07963867)

BALANCE SHEET
29TH FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 44,470 47,693
44,470 47,693

CURRENT ASSETS
Debtors 6 60,843 131,643
Cash at bank 1,380 276
62,223 131,919
CREDITORS
Amounts falling due within one year 7 61,137 93,811
NET CURRENT ASSETS 1,086 38,108
TOTAL ASSETS LESS CURRENT
LIABILITIES

45,556

85,801

CREDITORS
Amounts falling due after more than one
year

8

(22,449

)

(36,520

)

PROVISIONS FOR LIABILITIES (7,095 ) (5,955 )
NET ASSETS 16,012 43,326

CAPITAL AND RESERVES
Called up share capital 4 4
Retained earnings 16,008 43,322
SHAREHOLDERS' FUNDS 16,012 43,326

P & D BOND KITCHEN FITTERS LIMITED (REGISTERED NUMBER: 07963867)

BALANCE SHEET - continued
29TH FEBRUARY 2024


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29th February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29th February 2024 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.

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 14th August 2024 and were signed on its behalf by:




P J Bond - Director



D P Bond - Director


P & D BOND KITCHEN FITTERS LIMITED (REGISTERED NUMBER: 07963867)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29TH FEBRUARY 2024

1. STATUTORY INFORMATION

P & D Bond Kitchen Fitters Limited 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 5 (2023 - 5 ) .

P & D BOND KITCHEN FITTERS LIMITED (REGISTERED NUMBER: 07963867)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1st March 2023
and 29th February 2024 31,226
AMORTISATION
At 1st March 2023
and 29th February 2024 31,226
NET BOOK VALUE
At 29th February 2024 -
At 28th February 2023 -

5. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1st March 2023 12,559 11,916 74,531 2,656 101,662
Additions - - 8,350 - 8,350
Disposals - - (8,000 ) - (8,000 )
At 29th February 2024 12,559 11,916 74,881 2,656 102,012
DEPRECIATION
At 1st March 2023 - 11,307 40,197 2,465 53,969
Charge for year - 152 10,472 149 10,773
Eliminated on disposal - - (7,200 ) - (7,200 )
At 29th February 2024 - 11,459 43,469 2,614 57,542
NET BOOK VALUE
At 29th February 2024 12,559 457 31,412 42 44,470
At 28th February 2023 12,559 609 34,334 191 47,693

P & D BOND KITCHEN FITTERS LIMITED (REGISTERED NUMBER: 07963867)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Motor
vehicles
£   
COST
At 1st March 2023
and 29th February 2024 35,375
DEPRECIATION
At 1st March 2023 8,844
Charge for year 6,633
At 29th February 2024 15,477
NET BOOK VALUE
At 29th February 2024 19,898
At 28th February 2023 26,531

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 12,015 71,944
Other debtors 48,828 59,699
60,843 131,643

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 13,307 39,589
Hire purchase contracts 4,010 4,010
Trade creditors - 10,913
Taxation and social security 41,920 37,470
Other creditors 1,900 1,829
61,137 93,811

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
2024 2023
£    £   
Bank loans 11,754 21,814
Hire purchase contracts 10,695 14,706
22,449 36,520

P & D BOND KITCHEN FITTERS LIMITED (REGISTERED NUMBER: 07963867)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 29TH FEBRUARY 2024

9. ULTIMATE CONTROLLING PARTY

The controlling party is P J Bond.

P & D BOND KITCHEN FITTERS LIMITED

REPORT OF THE ACCOUNTANTS TO THE DIRECTORS OF
P & D BOND KITCHEN FITTERS LIMITED

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 29th February 2024 set out on pages three to nine 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.






Ashton Wallace
Chartered Certified Accountants
Independence House
14a Nelson Street
Southend-on-Sea
Essex
SS1 1EF


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