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REGISTERED NUMBER: 14715968 (England and Wales)





























Unaudited Financial Statements

for the Period 8 March 2023 to 31 March 2024

for

PDL Supplies Limited

PDL Supplies Limited (Registered number: 14715968)






Contents of the Financial Statements
for the Period 8 March 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PDL Supplies Limited

Company Information
for the Period 8 March 2023 to 31 March 2024







DIRECTORS: Mr Dale Andrew Nelson
Mr Paul Richard Phillips
Ms Lindsey Andrea Sankey





REGISTERED OFFICE: 70 Market Street
Tottington
Bury
Lancashire
BL8 3LJ





REGISTERED NUMBER: 14715968 (England and Wales)





ACCOUNTANTS: MBS (Lancashire) Limited
22 Belmont Drive
Bury
Lancashire
BL8 2HU

PDL Supplies Limited (Registered number: 14715968)

Balance Sheet
31 March 2024

Notes £   
FIXED ASSETS
Investments 4 666,245

CURRENT ASSETS
Cash at bank 644

CREDITORS
Amounts falling due within one year 5 (55,650 )
NET CURRENT LIABILITIES (55,006 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

611,239

CREDITORS
Amounts falling due after more than one
year

6

(513,145

)
NET ASSETS 98,094

CAPITAL AND RESERVES
Called up share capital 7 2
Retained earnings 98,092
SHAREHOLDERS' FUNDS 98,094

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

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 14 August 2024 and were signed on its behalf by:




Mr Paul Richard Phillips - Director


PDL Supplies Limited (Registered number: 14715968)

Notes to the Financial Statements
for the Period 8 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

PDL Supplies 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.

Preparation of consolidated financial statements
The financial statements contain information about PDL Supplies Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was NIL.

PDL Supplies Limited (Registered number: 14715968)

Notes to the Financial Statements - continued
for the Period 8 March 2023 to 31 March 2024

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
Additions 666,245
At 31 March 2024 666,245
NET BOOK VALUE
At 31 March 2024 666,245

The company's investments at the Balance Sheet date in the share capital of companies include the following:

Hurlstones Northern Limited
Registered office: UK
Nature of business: Research in natural sciences and engineering
%
Class of shares: holding
Ordinary 75.00

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Directors' current accounts 54,925
Accrued expenses 725
55,650

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Amounts owed to group undertakings 215,000
Other creditors 298,145
513,145

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
200 Ordinary 1p 2

200 Ordinary shares of 1p were issued during the period for cash of £ 2 .