Acorah Software Products - Accounts Production 15.0.600 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 04169743 Mr Andreas Kaimakamis iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 04169743 2023-02-28 04169743 2024-02-29 04169743 2023-03-01 2024-02-29 04169743 frs-core:CurrentFinancialInstruments 2024-02-29 04169743 frs-core:Non-currentFinancialInstruments 2024-02-29 04169743 frs-core:FurnitureFittings 2024-02-29 04169743 frs-core:FurnitureFittings 2023-03-01 2024-02-29 04169743 frs-core:FurnitureFittings 2023-02-28 04169743 frs-core:MotorVehicles 2023-03-01 2024-02-29 04169743 frs-core:ShareCapital 2024-02-29 04169743 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 04169743 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 04169743 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 04169743 frs-bus:SmallEntities 2023-03-01 2024-02-29 04169743 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 04169743 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 04169743 frs-bus:Director1 2023-03-01 2024-02-29 04169743 frs-countries:EnglandWales 2023-03-01 2024-02-29 04169743 frs-core:Non-currentFinancialInstruments frs-core:MoreThanFiveYears 2023-02-28 04169743 2022-02-28 04169743 2023-02-28 04169743 2022-03-01 2023-02-28 04169743 frs-core:CurrentFinancialInstruments 2023-02-28 04169743 frs-core:Non-currentFinancialInstruments 2023-02-28 04169743 frs-core:ShareCapital 2023-02-28 04169743 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 04169743
Pelican Building Contractors Limited
Financial Statements
For The Year Ended 29 February 2024
C.Charles & Co Limited
Chartered Certified Accountants
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 04169743
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 9,047 10,643
9,047 10,643
CURRENT ASSETS
Debtors 5 663,344 790,610
Investments 6 60,000 60,000
Cash at bank and in hand 418 330
723,762 850,940
Creditors: Amounts Falling Due Within One Year 7 (39,967 ) (65,641 )
NET CURRENT ASSETS (LIABILITIES) 683,795 785,299
TOTAL ASSETS LESS CURRENT LIABILITIES 692,842 795,942
Creditors: Amounts Falling Due After More Than One Year 8 (160,296 ) (220,380 )
NET ASSETS 532,546 575,562
CAPITAL AND RESERVES
Called up share capital 9 100 100
Income Statement 532,446 575,462
SHAREHOLDERS' FUNDS 532,546 575,562
Page 1
Page 2
For the year ending 29 February 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr Andreas Kaimakamis
Director
5 September 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Pelican Building Contractors Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04169743 . The registered office is 51 The Grove, London, W5 5DX.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles
Fixtures & Fittings 15
3. Average Number of Employees
Average number of employees, including directors, during the year was: NIL (2023: 1)
- 1
4. Tangible Assets
Fixtures & Fittings
£
Cost
As at 1 March 2023 41,911
As at 29 February 2024 41,911
...CONTINUED
Page 3
Page 4
Depreciation
As at 1 March 2023 31,268
Provided during the period 1,596
As at 29 February 2024 32,864
Net Book Value
As at 29 February 2024 9,047
As at 1 March 2023 10,643
5. Debtors
2024 2023
£ £
Due within one year
Trade debtors 451,446 775,415
Other debtors 211,898 15,195
663,344 790,610
6. Current Asset Investments
2024 2023
£ £
Unlisted investments 60,000 60,000
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 3,340 2,041
Bank loans and overdrafts 5,228 1,062
Other creditors 7,532 93,726
Taxation and social security 23,867 (31,188 )
39,967 65,641
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 160,296 220,380
Of the creditors falling due after more than one year the following amounts are due in more than five years.
2024 2023
£ £
Bank loans - 220,380
Page 4
Page 5
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 100 100
Page 5