IRIS Accounts Production v24.1.9.2 06250756 director 1.12.22 30.11.23 30.11.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh062507562022-11-30062507562023-11-30062507562022-12-012023-11-30062507562022-03-31062507562022-04-012022-11-30062507562022-11-3006250756ns15:EnglandWales2022-12-012023-11-3006250756ns14:PoundSterling2022-12-012023-11-3006250756ns10:Director12022-12-012023-11-3006250756ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3006250756ns10:SmallEntities2022-12-012023-11-3006250756ns10:AuditExemptWithAccountantsReport2022-12-012023-11-3006250756ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3006250756ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3006250756ns10:FullAccounts2022-12-012023-11-3006250756ns10:RegisteredOffice2022-12-012023-11-3006250756ns5:CurrentFinancialInstruments2023-11-3006250756ns5:CurrentFinancialInstruments2022-11-3006250756ns5:Non-currentFinancialInstruments2023-11-3006250756ns5:Non-currentFinancialInstruments2022-11-3006250756ns5:ShareCapital2023-11-3006250756ns5:ShareCapital2022-11-3006250756ns5:RetainedEarningsAccumulatedLosses2023-11-3006250756ns5:RetainedEarningsAccumulatedLosses2022-11-3006250756ns5:LeaseholdImprovements2022-12-012023-11-3006250756ns5:PlantMachinery2022-12-012023-11-3006250756ns5:MotorVehicles2022-12-012023-11-3006250756ns5:ComputerEquipment2022-12-012023-11-3006250756ns5:OwnedAssets2022-12-012023-11-3006250756ns5:OwnedAssets2022-04-012022-11-3006250756ns5:LeaseholdImprovements2022-11-3006250756ns5:PlantMachinery2022-11-3006250756ns5:MotorVehicles2022-11-3006250756ns5:ComputerEquipment2022-11-3006250756ns5:LeaseholdImprovements2023-11-3006250756ns5:PlantMachinery2023-11-3006250756ns5:MotorVehicles2023-11-3006250756ns5:ComputerEquipment2023-11-3006250756ns5:LeaseholdImprovements2022-11-3006250756ns5:PlantMachinery2022-11-3006250756ns5:MotorVehicles2022-11-3006250756ns5:ComputerEquipment2022-11-3006250756ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3006250756ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-3006250756ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2023-11-3006250756ns5:Non-currentFinancialInstrumentsns5:BetweenOneTwoYears2022-11-3006250756ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-11-3006250756ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-11-30
REGISTERED NUMBER: 06250756 (England and Wales)





P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED

REPORT OF THE DIRECTOR AND

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 NOVEMBER 2023






P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 06250756)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023










Page

Company Information 1

Report of the Director 2

Chartered Accountants' Report 3

Income Statement 4

Balance Sheet 5

Notes to the Financial Statements 7


P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 NOVEMBER 2023







DIRECTOR: Mr G H Allen





REGISTERED OFFICE: Fir Tree Lane
Rotherwas Industrial Estate
Hereford
Herefordshire
HR2 6LA





REGISTERED NUMBER: 06250756 (England and Wales)





ACCOUNTANTS: ApC
Chartered Accountants
7 St John Street
Mansfield
Nottinghamshire
NG18 1QH

P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 06250756)

REPORT OF THE DIRECTOR
FOR THE YEAR ENDED 30 NOVEMBER 2023


The director presents his report with the financial statements of the company for the year ended 30 November 2023.

PRINCIPAL ACTIVITY
The principal activity of the company in the year under review was that of Driver training and consultancy.

DIRECTOR
Mr G H Allen held office during the whole of the period from 1 December 2022 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:





Mr G H Allen - Director


30 August 2024

CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR
ON THE UNAUDITED FINANCIAL STATEMENTS OF
P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED



In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of P J E Driver Training & Consultancy Services Limited for the year ended 30 November 2023 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of P J E Driver Training & Consultancy Services Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of P J E Driver Training & Consultancy Services Limited and state those matters that we have agreed to state to the director of P J E Driver Training & Consultancy Services Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than P J E Driver Training & Consultancy Services Limited and its director for our work or for this report.

It is your duty to ensure that P J E Driver Training & Consultancy Services Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of P J E Driver Training & Consultancy Services Limited. You consider that P J E Driver Training & Consultancy Services Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of P J E Driver Training & Consultancy Services Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






ApC
Chartered Accountants
7 St John Street
Mansfield
Nottinghamshire
NG18 1QH


30 August 2024

P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 06250756)

INCOME STATEMENT
FOR THE YEAR ENDED 30 NOVEMBER 2023

PERIOD
1/4/22
YEAR ENDED TO
30/11/23 30/11/22
Notes £    £   

TURNOVER 595,854 458,031

Cost of sales (50,652 ) (66,110 )
GROSS PROFIT 545,202 391,921

Administrative expenses (573,166 ) (382,159 )
(27,964 ) 9,762

Other operating income 63,227 -
OPERATING PROFIT 5 35,263 9,762

Interest payable and similar expenses (6,125 ) (557 )
PROFIT BEFORE TAXATION 29,138 9,205

Tax on profit (42,189 ) (1,724 )
(LOSS)/PROFIT FOR THE FINANCIAL
YEAR

(13,051

)

7,481

P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 06250756)

BALANCE SHEET
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 6 345,129 100,865

CURRENT ASSETS
Stocks 9,762 2,500
Debtors 7 509,528 373,179
Cash at bank 19,206 10,474
538,496 386,153
CREDITORS
Amounts falling due within one year 8 435,540 229,734
NET CURRENT ASSETS 102,956 156,419
TOTAL ASSETS LESS CURRENT
LIABILITIES

448,085

257,284

CREDITORS
Amounts falling due after more than one
year

9

(179,893

)

(23,419

)

PROVISIONS FOR LIABILITIES (66,542 ) (19,164 )
NET ASSETS 201,650 214,701

P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 06250756)

BALANCE SHEET - continued
30 NOVEMBER 2023

2023 2022
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 201,649 214,700
201,650 214,701

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 30 August 2024 and were signed by:





Mr G H Allen - Director


P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 06250756)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 NOVEMBER 2023


1. STATUTORY INFORMATION

P J E Driver Training & Consultancy Services 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents the value excluding Value Added Tax of goods and services provided to customers during the year. In respect of goods and services provided, all income is taken to profit and loss at the same point as the right to receive consideration has been acquired.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 10% straight line
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 06250756)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


3. ACCOUNTING POLICIES - continued

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.

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.

Financial instruments
Financial instruments and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

Where the contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classed as financial liabilities. Financial liabilities are presented as such in the balance sheet. Finance costs and gains or losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classed as an equity instrument. Dividends and distributions relating to equity instruments are debited direct to equity.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 6 ) .

P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 06250756)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


5. OPERATING PROFIT

The operating profit is stated after charging:

PERIOD
1/4/22
YEAR ENDED TO
30/11/23 30/11/22
£    £   
Depreciation - owned assets 25,135 18,657

6. TANGIBLE FIXED ASSETS
Improvements
to Plant and Motor Computer
property machinery vehicles equipment Totals
£    £    £    £    £   
COST
At 1 December 2022 36,877 31,526 127,108 3,372 198,883
Additions - 267,011 - 2,388 269,399
At 30 November 2023 36,877 298,537 127,108 5,760 468,282
DEPRECIATION
At 1 December 2022 16,997 21,945 57,202 1,874 98,018
Charge for year 3,688 2,999 17,477 971 25,135
At 30 November 2023 20,685 24,944 74,679 2,845 123,153
NET BOOK VALUE
At 30 November 2023 16,192 273,593 52,429 2,915 345,129
At 30 November 2022 19,880 9,581 69,906 1,498 100,865

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 59,545 59,942
Amounts owed by group undertakings - 298,062
Amounts owed by participating interests 397,456 -
VAT 29,591 -
Prepayments 22,936 15,175
509,528 373,179

P J E DRIVER TRAINING & CONSULTANCY
SERVICES LIMITED (REGISTERED NUMBER: 06250756)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 NOVEMBER 2023


8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 9,858 7,879
Other loans 64,051 -
Trade creditors 6,102 2,945
Amounts owed to group undertakings 287,195 -
Amounts owed to participating interests 5,880 -
Corporation tax 36,744 41,933
Social security and other taxes 4,842 5,560
VAT - 28,001
Other creditors 755 528
Accruals and deferred income 20,113 142,888
435,540 229,734

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 1-2 years 17,841 23,419
Other loans - 1-2 years 162,052 -
179,893 23,419